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Senators press fight with Aetna over quitting ACA exchanges

Aetna CEO Mark Bertolini

Updated at 5:12 p.m.
WASHINGTON — A group of liberal senators and Aetna CEO Mark Bertolini continued their battle Friday, with the lawmakers accusing the insurance executive of avoiding their questions about Aetna’s decision to quit 11 health insurance exchanges. Continue Reading →

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Congress lambastes company CEO over EpiPen price hike

Mylan chief executive Heather Bresch testifies before the House Committee on Oversight and Government Reform Wednesday.

WASINGTION — There was a bipartisan bashing of Mylan CEO Heather Bresch Wednesday over her company’s huge price increases on EpiPen, the auto-injector that delivers a drug that counters the effects of a potentially fatal allergic reaction. Continue Reading →

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AMA says Anthem-Cigna deal would shrink insurer choices in CT

Cigna headquarters in Bloomfield

WASHINGTON — The American Medical Association, strongly opposed to the merger of Anthem and Cigna, said the deal would greatly limit competition in Connecticut and nine other states, leading to premium increases and fewer choices of doctors and hospitals for the state’s patients. Continue Reading →

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ConnectiCare will stay on CT health exchange in 2017

Staff at the Access Health CT enrollment center in New Britain preparing for the open enrollment that ended in January.

ConnectiCare, the single-largest insurer on the state’s health exchange, announced Tuesday it would participate in the exchange in 2017 working with the rate schedule the Insurance Department approved earlier this month. That decision means two of the four companies that have sold policies through Access Health CT will participate again next year. Continue Reading →

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ConnectiCare’s role in 2017 health exchange stuck in legal limbo

This is a picture of Access Health's New Britain store

The question of whether the largest insurer on Connecticut’s health insurance exchange would participate in 2017 fell into legal limbo late Monday afternoon. Whether ConnectiCare participates next year could hinge on how the state Department of Insurance resolves a new administrative appeal of its recent insurance rate awards. Continue Reading →

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Wade faces subpoena in Cigna conflict of interest question

From left, Barbara Housen, chief counsel, and Carol Carson, executive director, of the Office of State Ethics.

The Office of State Ethics is taking the rare step of seeking authority to subpoena personal financial information that Insurance Commissioner Katherine L. Wade has failed to provide the lawyer responsible for determining if Wade has a conflict of interest ruling on the merger of Anthem and Cigna. Wade’s lawyer says she has been responsive and suggests the conflict question is moot, because the state’s review is suspended until a federal anti-trust suit is resolved. Continue Reading →

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State allows L + M Hospital to join Yale New Haven system

This is a picture of Lawrence + Memorial Hospital in New London.

Over the objections of unions opposed to a further consolidation of the hospital industry, state health regulators Thursday approved an affiliation agreement that makes Yale New Haven Health Services Corporation the owner of the struggling Lawrence + Memorial Hospital in New London. The approval comes a day after Gov. Dannel P. Malloy modified an executive order imposing a moratorium on hospital consolidations. Continue Reading →

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Warren, Sanders demand Aetna explain decision to quit ACA exchanges

Aetna CEO Mark Bertolini.

Updated 5:27 p.m.
WASHINGTON – In a strongly worded letter to Aetna CEO Mark Bertolini, Sen. Elizabeth Warren and several other Democrats, including Sen. Bernie Sanders, have asked the company to explain why it entered into a “risky” merger deal with Humana that now makes it financially unable to sell policies in 11 state health insurance exchanges. Continue Reading →

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