blue cross blue shield

National Walk At Lunch Day In Montgmery

The city of Montgomery and Blue Cross Blue Shield of Alabama hosted a free and fun way to get Montgomery moving on their lunch break On  Tuesday, the city recognized National Walk at Lunch Day  downtown. Hundreds took a break from work to burn a few calories at Riverwalk Stadium.  Organizers say it can be hard to find time in your…

Cigna Rejects $48 Billion Anthem Takeover, Sues for Damages

Cigna says it is rejecting Anthem’s proposed $48 billion acquisition bid and suing the Blue Cross-Blue Shield insurer. The announcement comes hours after another major insurer, Aetna, said it was abandoning its planned $34 billion purchase of Medicare Advantage provider Humana. The Department of Justice sued last summer to stop the deals due to concerns about how they would affect…

Federal Judge Swats Aetna-Humana Insurer Combo

A federal judge has rejected health insurer Aetna’s plan to buy rival Humana for about $34 billion and become a major player in the market for Medicare Advantage coverage. U.S. District Judge John Bates says in an opinion filed Monday that he largely agrees with federal regulators who contended that such a combination would hurt competition. An Aetna spokesman says…

Blue Cross Blue Shield Seeks Rate Increases

Blue Cross Blue Shield of Alabama says it is seeking an average rate increase of nearly 40 percent on individual health care plans offered in the federal marketplace. A company statement says the proposed rate increases are needed because of rising health care costs and requirements under the Affordable Care Act. The price increase across nine different individual health care…