President Barack Obama is seeking to give consumers more time and options to enroll in Affordable Care Act health plans, delaying an application deadline and allowing insurers in three states to sign up customers directly.
The failure by state regulators to decide how much insurers must spend on patient care is scaring investors from health-plan stocks and complicating company decisions on premiums, commissions and cost cutting.
States received an extra month from the Obama administration to decide whether to build online marketplaces for medical insurance after Republican governors pressed their resistance to the president’s health-care law.
WellPoint Inc., the second-biggest U.S. health insurer, is considering former Amerigroup Corp. Chief Executive Officer James Carlson among several finalists to become CEO, according to a person familiar with the matter.
U.S. health insurers can include the cost of federal taxes in determining whether they spend enough on patient care, increasing the amount that can be kept for administration or profit under new rules. Company shares rose .
Top executives from UnitedHealth Group Inc. and WellPoint Inc. are meeting almost monthly with their counterparts from Aetna Inc ., Cigna Corp. and Humana Inc. in an informal lobbying alliance aimed at blunting parts of the health-care law, say people with knowledge of the sessions.