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Insurance Industry

  • White House Proposes New Rules to Steady Insurance Markets Under Health Law New York Times by Robert Pear—The Trump administration proposed new rules on Wednesday to stabilize health insurance markets roiled by efforts to repeal the Affordable Care Act, by big increases in premiums and by the exodus of major insurers. The move came a day after Humana announced that, starting next year, it would completely withdraw from the public marketplaces created by former President Barack Obama’s signature domestic achievement. 

  • Two Big Insurance Breakups on Valentine's Day AP by Tom Murphy—It was a rough day for the already-roiled U.S. health insurance market: One giant merger was abandoned, another is threatened by infighting, and a major insurer announced it will stop selling coverage on public exchanges in 11 states. Both merger deals had already been rejected by federal regulators and judges, but the companies were considering appeals to those decisions. Now they both appear to be off. 

  • Amid Obamacare Uncertainty, Insurance Giant Humana Plans to Leave Marketplaces in 2018 Los Angeles Times by Noam N. Levey and Melody Petersen—Humana Inc., one of the nation’s largest health insurers, will stop selling Obamacare health plans next year, the company announced Tuesday. The move threatens to rattle jittery insurance markets and further complicate Republicans’ push to repeal and replace the Affordable Care Act. The company attributed its action to mounting losses caused by sicker-than-expected consumers. 

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