State-run health insurance markets that offer coverage under President Barack Obama’s health law are struggling with high costs and disappointing enrollment. These challenges could lead more of them to turn over operations to the federal government or join forces with other states.
UnitedHealth Group hiked its earnings forecast for the second time this year after quarterly profit grew 13 percent and trumped Wall Street expectations.
Minnetonka-based UnitedHealth Group has reportedly approached rival Aetna with a possible merger deal. The takeover deal is valued somewhere around $40 billion, according to a report in the Wall Street Journal.
There’s another reported problem for Minnesota’s online health exchange: a system glitch. It means the state must re-run eligibility determinations for more than 55,000 Minnesotans, according to the Star Tribune.
Senate Republicans are putting pressure on one of Gov. Mark Dayton’s commissioners. Mike Rothman has served as commissioner of the Department of Commerce since 2011.
An attempt to dismantle the Minnesota health insurance exchange failed to get enough votes at the State Capitol Friday. The Democratic-led Minnesota Senate defeated the attempt by Republicans to get rid of MNsure via a budget bill.
UnitedHealth CEO Stephen Hemsley realized a potential gain of more than $45 million from exercising stock options last year, as the share price of the nation’s largest health insurer topped $100 on the way to setting all-time highs. The 62-year-old executive exercised options to buy 850,000 shares of stock at the end of 2014 at discounts of as much as 56 percent to UnitedHealth’s share price of $102.24 when he exercised the options.
Learn how the Affordable Healthcare Act, and whether or not you have insurance, will impact the way you do taxes this year.
A Republican lawmaker has unveiled a plan to abandon MNsure in favor of the federal health insurance exchange. Rep. Matt Dean’s bill that would make Minnesota the 38th state to use the federal HealthCare.gov website. His proposal was to be introduced Tuesday, and if successful Minnesota would make the shift for 2017 enrollments.
Women’s rights advocates say a 2014 Supreme Court decision could jeopardize access to birth control in Minnesota. They’ve revived a bill at the state Capitol to require most companies to include contraception in their health insurance plans’ prescription drug coverage.
A lack of adequate testing before the state’s health insurance exchange launched in 2013 and other issues meant the exchange’s “failures outweighed its achievements” in its first year, the legislative auditor concluded in a report released Tuesday.
Minnesota’s health insurance exchange is giving a reprieve to residents who started the enrollment process before Sunday’s open enrollment deadline but couldn’t complete the process.
MNsure is making a final push to sign up Minnesotans for health care before Sunday’s enrollment deadline. More than 60,000 Minnesotans still don’t have coverage. This year, there’s a tax penalty for people who don’t get insurance under the new federal health care law.
A Republican state senator wants to split Minnesota’s health insurance exchange into two separate entities. MNsure currently signs up residents in private plans and public programs like MinnesotaCare and Medical Assistance. Sen. Michelle Benson unveiled a bill Thursday that would split those up.
As the Feb. 15 deadline for MNsure’s open enrollment approaches, the health exchange is offering extended contact center hours for those with last-minute questions.
The FBI is investigating the hacking of one of the nation’s largest health insurers. Anthem runs Blue Cross Blue Shield plans in more than a dozen states. The company discovered last week that hackers accessed as many as 80 million customer records.
Minnesotans have until Feb. 15 to sign up for health care insurance or pay a tax penalty. And this year, that penalty could really sting. According to MNsure, the state’s health care exchange, the 2015 penalty for not buying insurance coverage is:
The deadline to enroll is MNsure is this Feb. 15. After that, you’ll have to wait to sign up until the next open enrollment period, which will likely be later this year.
Target is testing a pilot program that allows you to shop health insurance in their stores. “Health care, no matter if you get your insurance from your employer or through an exchange or on the individual market, it’s still extremely confusing,” said Steve Lafferty, Target’s senior director of healthcare partnerships.
UnitedHealth topped Wall Street expectations for the fourth quarter, and the nation’s largest health insurer brought an optimistic vibe for the new year as it detailed final results from 2014. The Minneapolis-based insurer said Wednesday that it expects stronger enrollment growth from Medicare Advantage plans, a key product that had been pinched by funding cuts in recent years.
The tax filing season officially opens on Tuesday, and this year there are a number of potentially big changes of which citizens need to be aware. For the first time under the Affordable Care Act, most Americans will have to certify that they had health insurance coverage in 2014 to avoid a tax penalty.
The state’s health insurance exchange has enrolled nearly 59,000 Minnesotans in coverage as a key deadline approaches. MNsure announced its most up-to-date enrollment figures on Friday, putting the exchange well ahead of enrollment at this time last year. Minnesotans have until noon on Dec. 31 to sign up for health insurance effective Jan. 1.
Minnesota’s health insurance exchange has extended the deadline for a second time to give residents more time to enroll for coverage that takes effect Jan. 1.
Minnesota’s health insurance exchange has celebrated shorter call wait times and a largely problem-free website this year, but state officials are still struggling to transfer the enrollment data that insurance companies need to enroll thousands of residents in coverage.
Nearly 14,000 Minnesotans have signed up for coverage through the state’s health insurance exchange for the first time. Combined with about 10,000 renewed plans, MNsure has enrolled roughly 24,000 private health plans.