Just Because Extended Short-Term Plans Are Allowed Doesn’t Mean Insurers Are Ready To Offer Them
With such short notice for the upcoming year, experts predict consumers will see more changes in insurers' plans in 2019 rather than an immediate rush to make sweeping changes.
The Associated Press:
Insurance Companies Approach Trump Health Plans Cautiously
President Donald Trump says insurers are "going wild" about his new health care options and "millions and millions" of people will be signing up. But insurance companies say it will take time to design new plans and get approval from state regulators, and two major industry groups have actually expressed concern about potential downsides for consumers. (Alonso-Zaldivar, 8/6)
And in other health law news —
Bloomberg:
Obamacare Helped Make This Doctor A Billionaire
David Cotton and his family spent two decades building Meridian Health Plans into the biggest private provider of Medicaid benefits in Michigan and Illinois. It serves about 1.1 million members, with more than $4.3 billion of revenue forecast for 2018. Now they’re cashing out. WellCare Health Plans Inc. announced in May that it’s buying Meridian for $2.5 billion, a deal that includes two state insurance businesses and a pharmacy benefits manager. (Metcalf and Tracer, 8/6)
