Health insurance market in Texas may not be competitive

Texas Health Insurance Program

Study highlights lack of competition within the Texas insurance market The American Medical Association has released a new study that suggests the insurance market in Texas is becoming less competitive. According to the study, Blue Cross Blue Shield of Texas is the dominant insurance provider in all but one of the state’s metropolitan areas. UnitedHealth Group is also a major player in the health insurance market. Together, these two companies account for 63% of the state’s commercial health insurance market, up from 57% in 2010. Blue Cross dominates many of…

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Health insurance landscape shifts in Montana

montana Health insurance

Montana sees major transition in health insurance sector Montana has taken a major step in the field of health insurance. The state’s Insurance Commissioner, Monica Lindeen, has granted her approval for the sale of Blue Cross of Montana, the state’s largest private health insurance provider. Blue Cross of Montana is being sold to the Health Care Service Corp., which is based in Chicago, Illinois. The sale comes with numerous conditions, however, which are meant to benefit state residents to some degree. Sale of Blue Cross of Montana has been approved…

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