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(Bloomberg) Humana Inc. said it has received 202,000 applications for health insurance through the Obamacare exchanges and reaffirmed its 2014 forecast citing better-than-expected Medicare membership growth.
The applicants cover the period from Oct. 1 through Jan. 31, Humana said in a statement today. Last week, WellPoint Inc., the most active insurer in the exchanges, said it had added 500,000 members.
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Economy added fewer employees than expected in August, the jobless rate rose and wages climbed less than forecast, in a break from otherwise solid progress in the labor market.
President meets with top executives from more than a dozen health insurers, to re-affirm his support for the Affordable Care Act after several companies retreated from the law’s government-run insurance markets.
Aetna will stop selling individual ACA plans next year in 11 of the 15 states where it had been participating in the program, joining other major insurers that have pulled out of the government-run markets in the face of mounting losses.
UnitedHealth Group Inc., the largest U.S. health insurer, reported second-quarter profit that beat analysts’ estimates, driven by growth at its Optum technology and consulting unit.
Plan sponsors must stay ahead of emerging trends or risk exposing themselves to additional costs, says Hodges-Mace’s Eric Helman.