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Expiration of ACA tax credits strains pocketbooks
Virginia’s Insurance Marketplace premiums rose over 20% after enhanced federal tax credits expired, causing a 22.6% enrollment drop and higher costs for many.
Sentara Health Plans president hired
Sentara Health Plans names Michael Cole president. Former Regence executive succeeds retiring leader Colin Drozdowski.
US House Republicans block move for quick vote on health subsidy extension
WASHINGTON, Dec 17 (Reuters) – An expanded U.S. federal healthcare subsidy that grew out of the pandemic looked all but certain to expire on December 31, as Republicans on Wednesday blocked a last-ditch effort by Democrats to maintain it. By a vote of 204-203, the House voted to stop the last-minute move by Democrats, aided […]
Shutdown fight renews debate over health subsidies
As the government shutdown drags on, Democrats and Republicans clash over extending Affordable Care Act tax credits.
Health systems forecast pain from Medicaid cuts
Virginia hospitals face closures as Medicaid cuts hit budgets; Augusta Health closes clinics, warns of $40M loss by 2034.
UnitedHealth says it is under a federal investigation and cooperating
Shares of UnitedHealth Group slipped Thursday after the health care giant said it was under a Department of Justice investigation. The company said it has started complying with both criminal and civil requests from federal investigators and it was cooperating with them. “(UnitedHealth) has a long record of responsible conduct and effective compliance,” the company […]
Molina Healthcare to close Henrico office, laying off 268 workers
Molina Healthcare, a Fortune 500 company that manages health care services for Medicaid and Medicare recipients, is closing its Henrico County office and laying off 268 workers.
UnitedHealth Group CEO steps down as company lowers, then withdraws financial outlook for 2025
UnitedHealth CEO Andrew Witty steps down amid rising costs. The insurer suspends its 2025 outlook; shares drop 16% after months of instability.
Whistleblowers in Sentara insurance investigation revealed
UPDATED MARCH 18 The U.S. District Court for the Western District of Virginia has unsealed a whistleblower complaint against Sentara Health that accused the Hampton Roads health care system of improperly inflating local insurance rates in 2018 and 2019. On Feb. 14, the court revealed the plaintiffs are Sara Stovall, Ian Dixon and Karl Quist […]
Owens & Minor sues Anthem, accusing insurer of mishandling claims
Mechanicsville-based Fortune 500 health care logistics and supply company Owens & Minor filed a federal lawsuit against Anthem Blue Cross and Blue Shield this week, claiming that the Henrico County insurer mismanaged funds for Owens & Minor’s employee health insurance plan and allegedly violated the Employee Retirement Income Security Act, or ERISA. According to the […]
Sentara to cut 200 jobs across workforce
Sentara Health is cutting approximately 200 positions across its workforce, officials told employees this week. Most of the affected employees work for Sentara Health Plans and are based in Virginia, according to a statement issued Friday by the Hampton Roads-based health system. The cuts are related to the Medicaid redetermination process and associated decline in […]
Bon Secours, Anthem reach agreement in $93M dispute
Bon Secours announced Friday it has reached an agreement with Anthem Blue Cross and Blue Shield in Virginia, which the health system sued in August, alleging the insurer owed Bon Secours $93 million in unpaid claims. Although details were not released due to confidentiality agreements between the two parties, Bon Secours said it will drop […]
