NC’s newest ACA health insurer serves the neediest, but faces fines and lawsuits
But the Fortune 100 company is also eying
Health insurance advocates say
"We obviously want to see more choices for consumers," said
That's a sentiment shared by
But
"We would be remiss not to be aware of the potential that such problems could occur in N.C.," Hamby said by email. "In a time where other insurers are pulling away from the individual health insurance market, a newcomer that meets the licensure requirements is an added insurer choice for N.C. consumers."
"
In an emailed statement,
"Their predominant business has been serving a low-income membership that has been paid for by the state," Windley said. "You've got to get lower rates from doctors and labs and hospitals for your Medicaid population than [other insurers] get for their commercial population."
In a June research report for investors, Windley wrote that
Last year, The N&O reported that
And in May, the
"It's self-evident," Windley said. "It's one of the biggest contract opportunities for the Medicaid industry in the next five years."
___
(c)2018 The News & Observer (Raleigh, N.C.)
Visit The News & Observer (Raleigh, N.C.) at www.newsobserver.com
Distributed by Tribune Content Agency, LLC.
Weld County residents recovering from latest hail storm
BRIEF: Café con politics podcast: the cost of flooding
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News