News Headlines Article

Insurers navigate health overhaul to rising profits
San Francisco Chronicle

Several of the nation’s biggest health insurers have hiked earnings expectations for 2015 after blowing past first-quarter forecasts and heading into a much more stable future than they faced this time last year. A better understanding of the health care overhaul’s impact, lighter Medicare Advantage funding cuts and old-fashioned business growth all helped deliver a confidence boost to much of the sector. The federal overhaul launched a major coverage expansion in the fall of 2013, when public insurance exchanges debuted with the promise of providing millions of new customers who receive help buying coverage through income-based tax credits.