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Tag Archives: united healthcare

UnitedHealthcare pulling out of ACA exchanges in Mississippi, other states

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By JACK WEATHERLY  UnitedHealthcare will depart the Mississippi insurance exchange at the end of the year, leaving the state with only two insurers, Insurance Commissioner Mike Chaney said Tuesday. That comes as part of the nation’s largest health insurer pullback from all but a few such markets mandated under the Affordable Care Act, also known as Obamacare. The pullout, which ...

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Largest health insurance provider pulling out of most ObamaCare markets

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UnitedHealth, the nation’s biggest health insurer, will cut its participation in public health insurance exchanges to only a handful of states next year after expanding to nearly three dozen for this year. CEO Stephen Hemsley said Tuesday that the company expects losses from its exchange business to total more than $1 billion for this year and last. He added that ...

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City to take out loan in anticipation of tax collections

NATCHEZ — The Natchez Board of Aldermen voted to take out up to $600,000 in tax-anticipation loan funds to cover mainly payroll expenses until expected tax revenue is collected. The Natchez Democrat reports City Clerk Donnie Holloway told the board yesterday the city needs the funding because the city is currently paying two health insurance companies as it transitions from ...

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Blue Cross contract impasse with HMA may create opening for other insurers

» Other plans more than happy to step in, says head of Mississippi Association of Health Plans The market’s invisible hand eventually will decide the outcome of a nearly two-month standoff between Blue Cross & Blue Shield of Mississippi and Health Management Associates over provider reimbursement levels. In the meantime, executives of Mississippi’s other health care insurers will have their eyes on new ...

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