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Blue Cross Insurer May Reduce Obamacare Rates In Five States

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Blue Cross Blue Shield Tower, the headquarters of Health Care Service Corp. on July 09, 2014 in Chicago, Illinois. Health Care Service operates Blue Cross and Blue Shield plans in Illinois, Texas, Oklahoma, New Mexico and Montana. (Photo By Raymond Boyd/Getty Images)
One of the nation’s largest operators of Blue Cross and Blue Shield health insurance plans said it made more than $1 billion last year, which bodes well for purchasers of its individual coverage under the Affordable Care Act.
Health Care Service Corp. said it “earned $1.3 billion and grew membership by 315,000” on a range of policies it sells individuals, employers and small groups in five states. Health Care Service operates Blue Cross and Blue Shield plans in Illinois, Texas, Montana, Oklahoma and New Mexico.
The improving finances for Health Care Service, which in recent years had lost hundreds of millions of dollars on its individual business, now means some individual Obamacare customers in five states could see reduce rates . Health Care Service, which is a mutual insurer owned by policy holders, said it has “filed average rates for small group Affordable Care Act-aligned plans ranging from slight reductions to modest increases, effective July 1, 2018.” The insurer wouldn’t say which states would see lower rates.
“Final small group rates will be finalized in spring and may vary by customer,” Health Care Service said. “While individual rate filings have not been completed, preliminary analysis suggests relief for individual rates similar to what is filed for small group products, provided sensible market stabilization measures remain in place.”
As part of its announcement on improving profits of its Blue Cross plans, Health Care Service said it has “committed $1.5 billion over three years to accelerate its efforts to reduce health care costs for its members.” The effort includes investments to improve “collaborative care” relationships with medical providers and patients to improve health outcomes and invest more in digital and data technology.
“Over the last several years, we reduced our expenses, managed medical costs across the health care system and remained true to our commitment to stand with customers – even in tough market conditions when others wavered,” Health Care Service chief executive Paula Steiner said in a statement.
Health Care Service is the latest insurer to signal improving profits for business it offers under the ACA. Cigna and Centene are also seeing improved profits from their individual businesses even after gaining customers from insurers like Aetna and UnitedHealth Group that left the ACA’s exchanges after they couldn’t effectively manage the costs of sick patients buying individual policies.
Source: Forbes
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2024 Women’s U20 World Cup: Nigeria drawn with Germany, Korea Republic, Venezuela
Cup holders Spain are in Group C alongside three-time winners USA, Paraguay and another African representative team, Morocco.

2022 FIFA U20 Women’s World Cup quarter-finalists Nigeria have been drawn to play three-time winners Germany, Venezuela and Korea Republic in Group D of this year’s FIFA U20 Women’s World Cup finals.
The final competition, which will welcome 24 teams for the first time, will be staged in four venues in three cities in Colombia, 31st August – 22nd September.
Cup holders Spain are in Group C alongside three-time winners USA, Paraguay and another African representative team, Morocco.
Two-time winners Korea Democratic People’s Republic will contend with Argentina, Costa Rica and the Netherlands in Group F, while hosts Colombia are up against Australia, Cameroon and Mexico in Group A.
Full draw
GROUP A: Colombia, Australia, Cameroon, Mexico
GROUP B: France, Canada, Brazil, Fiji
GROUP C: Spain, USA, Paraguay, Morocco
GROUP D: Germany, Venezuela, Nigeria, Korea Republic
GROUP E: Japan, New Zealand, Ghana, Austria
GROUP F: Korea DPR, Argentina, Costa Rica, The Netherlands
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KILLER-HERDSMEN: Why I said herdsmen Should carry AK-47 —Bauchi gov

Bauchi State Governor, Bala Mohammed, has explained that saying Fulani herdsmen can carry AK-47 was to show the extent to which they are dehumanised and demonised.
Speaking on Channels TV Sunrise Daily on Friday, Mohammed explained that his use of AK-47 was figurative, refusing to withdraw his statement.
According to him, Nigerians must stop profiling Fulani herdsmen as criminals because of the nature of their job.
The governor said, “What I said in that context is that the Fulani man is so exposed, dehumanised, demonised. Because he is seen as a bandit, anywhere he goes, his commonwealth (cows) are being taken away and rustled.
“If one cow strays into the farm because the cattle route has been taken away illegally without the authority giving permission, he will be fined seriously, mercilessly.
ALSO READ: INSECURITY: Allow Nigerians to Carry Arms If Herders Are Licensed to Carry AK-47 – Fani-Kayode
Herdsmen Should Keep Carrying AK-47—Bauchi Gov., Blasts Ortom, others
“So, he has no option than to protect himself. We also have so many vigilante groups in Nigeria, even at the different levels of government, sub-regional groups, sub-national.
“When we mention carrying AK-47, it is in other to protect himself. It is a figure of speech to show you the despondence, the desperation and frustration, and the agony that this particular person is exposed to by his own people, by his own tribe, and by other tribes who have all seen him as a criminal and therefore, he has the inalienable right to protect himself.
It may not be an illegal carriage, it may be legal. He may also register and carry it to protect himself.”
While explaining the need for security and self-protection, the governor clarified that he does not intend to legalise the carriage of AK-47 with his comment.
“They have no option but to protect themselves. The issue is self-protection. There must be some sort of approval. What I am saying is not to legalise the carriage of AK-47. I must be understood,” he added. Punch
News & Politics
Breaking: Buhari sacks Service Chiefs, appoints replacements

After thousands of lives have been tragically lost in Nigeria given to the gross incompetence of Buhari’s favorite Service Chiefs, the President has accepted the immediate resignation of the Service Chiefs, and their retirement from service.
This was contained in a statement issued by the Special Adviser to the President on Media and Publicity, Chief Femi Adesina in Abuja Tuesday.
According to the statement: “Those involved are the Chief of Defence Staff, General Abayomi Olonisakin; Chief of Army Staff, Lt-Gen. Tukur Buratai; Chief of Naval Staff, Vice Admiral Ibok Ekwe Ibas; and Chief of Air Staff, Air Marshal Sadique Abubakar.
“President Buhari thanks the outgoing Service Chiefs for what he calls their “overwhelming achievements in our efforts at bringing enduring peace to our dear country,” wishing them well in their future endeavours.
ALSO READ: Killings, Mass Exodus of Soldiers, Sack Service Chief Now – Senate to Buhari
“The new Service Chiefs are Major-General Leo Irabor, Chief of Defence Staff; Major-General I. Attahiru, Chief of Army Staff; Rear Admiral A. Z. Gambo, Chief of Naval Staff; and Air-Vice Marshal I.O Amao, Chief of Air Staff.
“The President congratulates the new Service Chiefs, and urges them to be loyal and dedicated in the discharge of their responsibilities.”
The outgoing Service Chiefs have presided over a chronicle of unprecedented destruction of lives and properties in Nigeria under the Buhari-APC-led administration.
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