Modern Healthcare February 27, 2017
After meeting with President Donald Trump at the White House early Monday, the CEOs of several large health insurers were optimistic about the future of the health insurance industry if the Affordable Care Act is repealed and replaced. The executives discussed plans to stabilize the individual insurance market.
CEOs of Aetna, Anthem, Cigna Corp., Humana, UnitedHealth, Kaiser Permanente and several Blue Cross Blue Shield companies attended the meeting. Industry lobbying group America’s Health Insurance Plans, was also in attendance.
A Molina Healthcare spokeswoman said the Long Beach, Calif.-based insurer, which provided marketplace coverage to 526,000 people in 2016, was not invited to attend and did not know why. Molina lost $110 million from the plans it sold on the marketplaces...