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Health plans begin to cover medical tourism

September 30, 2008 — 12:02pm ET | By Anne Zieger
For years, U.S. employers have been looking for ways to save money on healthcare costs by having their employees' high-ticket procedures done far more cheaply offshore. Those who have attempted this,... Read more...

NJ Blue's change to for-profit could prompt many followers

September 17, 2008 — 1:56pm ET | By Anne Zieger
Right now, executives with Horizon Blue Cross Blue Shield of New Jersey are nervously waiting to find out whether the state attorney general and insurance commissioner will let it convert from a... Read more...

Health Net reinstating 926 California policyholders

September 12, 2008 — 10:28am ET | By Anne Zieger
California health plan Health Net has become the next insurer to offer individual policyholders new coverage--with no medical pre-screening--to 926 people whose policies it canceled retroactively... Read more...

WellPoint proceeds with $11.8M settlement with hospitals, despite dropouts

September 8, 2008 — 4:17am ET | By Anne Zieger
Though nearly 20 percent of the hospitals it approached have decided not to participate, WellPoint subsidiary Anthem Blue Cross of California is proceeding with its $11.8 million class action... Read more...

WellPoint pushes stock prices up, but not profits, by raising premiums

September 4, 2008 — 4:20am ET | By Anne Zieger
Five months ago, Angela Braly, the CEO of health plan giant WellPoint, told investors that the plan could turn around falling profits by raising premiums and squeezing providers harder on fees. (OK,... Read more...

GA Blue plan sends benefit letters to wrong addresses

July 30, 2008 — 10:54am ET | By Anne Zieger
It all goes to show you that even without electronic medical records in place, computers can screw things up. This week, Georgia's largest health insurer has concluded that it sent about 202,000... Read more...

WellPoint loses money for Q2, but still pleases investors

July 25, 2008 — 11:47am ET | By Anne Zieger
Giant health plan WellPoint had what most financial types would consider a tough second quarter, with earnings falling 10 percent and its overall profit predictions for 2008 falling. Still, given... Read more...

CA Blue plans will pay $13M in fines over cancellations

July 18, 2008 — 11:06am ET | By Anne Zieger
Two of the state of California's largest health plans have agreed to pay a combined total of $13 million in fines related to their practice of rescinding policies for members after those members... Read more...

CA insurers spent less than 85 percent of revenue on care

July 14, 2008 — 11:00am ET | By Anne Zieger
A new report by the California Medical Association concludes that nine of the state's major health plans spent less than 85 percent of their revenue on medical care for their beneficiaries, a level... Read more...

WellPoint pays hospitals $11.8M to settle bills from rescissions

July 8, 2008 — 11:29am ET | By Anne Zieger
Leading health plan WellPoint has agreed to pay $11.8 million to settle claims with hundreds of hospitals that it failed to pay after it dropped patients after treatment. WellPoint was sued by about... Read more...
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