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WellPoint’s national business only bright light in first quarter

WellPoint Inc., the nation’s largest health insurer, saw an increase in its national business in the first quarter, while other segments experienced losses as a result of the economy. Angela F. Braly...

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New York Aetna health, life subsidiaries ratings affirmed

Noting several factors, including steady membership and premium revenue growth, A.M. Best affirmed the ratings of the majority of the insurance and HMO subsidiaries of Aetna Inc. The ratings service...

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Economy forces Aetna to eliminate 1,200 jobs over next four months

Citing the economy’s impact on its customers, one of the nation’s largest health insurers is eliminating about 1,200 jobs between now and March 2010. Aetna announced that it is reducing its workforce...

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Medicaid, senior products make up for carriers’ commercial losses

The nation’s eight largest health insurance companies collectively lost 836,000 members in the first six months of the year, as commercial enrollment sagged. Those commercial losses were offset by...

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Blue Cross affiliates’ membership total sagging slightly

The national federation of Blue Cross and Blue Shield licensees saw a small decrease in the number of people it provides health insurance coverage to, according to a new analysis. As of June 30, the 39...

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Economy, recession continue to hurt top health plans’ membership

Membership in the nation’s top health insurance plans fell by 1.3% in the third quarter of 2009, as the recession and high unemployment rates battered enrollments, according to a new report. The...

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WellPoint cuts employee stock grants

National health insurer WellPoint, parent company of Anthem, is cutting stock grants to employees to control costs as it prepares for lower earnings this year. Some employees will stop being eligible...

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Health insurer Humana to cut 2,500 jobs this year

Calling it a “regrettable but necessary” reduction of its workforce, Humana announced it will cut 2,500 positions this year, but balance that with 1,100 additional jobs in some departments, including...

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Amerigroup sees increases in net income, membership

Amerigroup Corp. said its net income for the fourth quarter increased by about $5 million and its membership rose by 13.2%. The Virginia Beach, Va.-based company, which provides publicly funded health...

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Aetna’s membership stagnant, even as economy improves

Aetna, the national health insurance company based in Hartford, Conn., says its membership has not increased as a result of the declining national unemployment rate. Aetna’s drop in worker with health...

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