In wake of Aetna & UnitedHealth losses, AHIP undergoes significant transformations: 4 things to know

On June 7, America's Health Insurance Plan reported it is scrutinizing its membership fees and will undergo "major restructuring," according to The Hill.

Here are four things to know:

1. AHIP's announcement marks the organization's first restructuring since more than a decade ago in 2003.

2. Both UnitedHealth Group and Aetna have left the nation's leading insurance lobbying group within the last year.

3. As the healthcare industry faces major consolidations, many political figures, such as Hillary Clinton, and other organization leaders are critiquing U.S. tops payers. Many argue consolidation will stifle competition and drastically raise prices for consumers.

4. Despite UnitedHealthGroup and Aetna leaving AHIP, the lobby group appointed two chairman including Anthem CEO Joseph Swedish for 2017 and Kaiser Permanente CEO Bernard Tyson for 2018.

More articles on coding & billing:
Hillary Clinton backs proposed Medicare drug pricing rule: 5 things to know
Millennials & health insurance: 6 survey findings
BCBS of North Carolina sues federal government over $147M risk corridor payments — 5 key points

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Webinars

Featured Whitepapers

Featured Podcast