Becker's Healthcare March 24, 2023
Two states have now publicly said they are in direct control of Bright Health’s financial operations, prompting questions around whether insurance regulators are prepared to protect consumers from startup health plans with uncertain futures.
“Our insurance regulatory environment is not set up for these companies that can come into a new market and lose a quarter billion dollars in their first year or two,” Ari Gottlieb told Becker’s.
Mr. Gottlieb is a consultant and principal at A2 Strategy Corp., and previously was director of payer strategy at Strategy&, a part of PwC. He also follows the insurtech industry closely.
In March, insurance regulators in Florida and Tennessee revealed they have been supervising Bright Health’s finances since last fall. The orders...
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