Why commercial insurers see new opportunity in ACA exchanges
Modern Healthcare Illustration / Getty Images
After a rocky start marked by losses, legal challenges and a general feeling of uncertainty, health insurers are increasingly expanding their footprint on Affordable Care Act exchanges.
During its investors day on March 8, Cigna announced that it plans to double its geographic coverage on the individual market to 20 states by 2025. UnitedHealthcare and Aetna are also reentering the space. While a few regional insurers entered the ACA for the first time in 2021, the majority of payers getting back into the exchange are larger and for-profit insurers, according to Ceci Connolly, president of the Alliance for Community Health Plans, adding competition to the long-time regional holdouts.
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UPDATE: March 12, 2021: President Joe Biden signed the legislation a bit earlier than planned, on Thursday afternoon.
Provider groups including the American Hospital Association immediately called on Congress to pass a new bill extending the pause on Medicare sequester cuts. The House of Representatives will vote next week on such a bill.
The cuts have provided critical relief to providers during the public health emergency, but higher overhead and lost revenue have presented overwhelming financial challenges and pressures, the groups wrote.
The COVID-19 relief bill the House passed Wednesday is a major win for various sectors in the healthcare industry, and includes the biggest update to the Affordable Care Act since it was enacted 11 years ago this month.
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America’s low-tech vaccine rollout
Updated
The Big Idea
THE VACCINE ROLLOUT S NEW TECH HURDLE: The coronavirus vaccine drive is in disarray and there’s another challenge not garnering a lot of attention: getting patients to take their second shot.
In many cases, the solution is surprisingly low-tech: just a piece of paper to remind people to get their booster three or four weeks later, depending on the shot.
Millions of patients will need to receive their second dose in the coming weeks. But getting patients to the second stage of any medical process is highly difficult, warned Mark Fendrick, a University of Michigan doctor
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