Minnetonka, Minn.-based Medica Insure will sell Affordable Care Act (ACA) health plans statewide and Minneapolis-primarily based UnitedHealthcare will promote plans in portions of the state in the course of the 2016 open enrollment season, which can take place this fall. Everyone has their very own ideas about what healthcare providers they want, but Coventry health insurance actually has one thing for almost everyone. But that doubtlessly left the corporate accountable for hefty payments from clients who went with out medical insurance before Obama’s legislation took effect due to pricey pre-current medical circumstances. Health insurance coverage merger and acquisition exercise, quiet for the past two years, could pick up in 2015 as insurers become comfy with reform’s working rules and starvation for growth within the profitable Medicare and Medicaid markets, business observers say.
The sale course of reaffirms that Aetna’s acquisition of Coventry was always about boosting its share of the fast-rising, U.S. government-backed Medicare and Medicaid packages. When you grow …Read More