The head of national health insurer WellPoint said she is “disappointed” that President Barack Obama, in his weekly address to the nation, cited a Reuters report alleging that the company specifically targets women with breast cancer for the practice of rescission.
Under the national spotlight for alleged rescissions of patients with breast cancer, national health insurer WellPoint said it will implement reforms on the practice well ahead of a deadline set under recent health reform.
In a letter to the head of national insurer WellPoint, U.S. Department of Health and Human Services Secretary Kathleen Sebelius urges an end to reports of dropping coverage for women with breast cancer.
California’s insurance commissioner and the Obama Administration are seeking answers as to why Anthem Blue Cross wants to raise its health insurance premiums by as much as 39% for some state residents.
Angela F. Braly succeeded Larry C. Glasscock as president and chief executive officer at WellPoint and now she will follow him as chairman of the national health insurer’s board of directors.
WellPoint Inc. has announced that it plans to sell its NextRx pharmacy benefits management subsidiary to St. Louis, Mo.-based Express Scripts for $4.7 billion.
The deal includes consideration for the value … Read →
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.