Anthem on Tuesday announced it would not participate in the individual health-insurance exchanges in Ohio for the 2018 plan year. In a statement to Business Insider, Anthem cited "continual changes in federal operations, rules, and guidance" as its primary reason for exiting the marketplaces. "We are pleased that some steps have been taken to address the long-term challenges all health plans serving the individual market are facing, such as improving the eligibility requirements that allow consumers to purchase a plan outside of open enrollment and improved risk adjustment.
Millennials are threatening dozens of industries. Millennials' financial decisions have been heavily covered by media organizations — something that has infuriated many of the generation, as news that "millennials are killing" another industry has become a common headline.
Walgreens (WBA) and Rite Aid (RAD) execs appear to be acknowledging the long odds their $15 billion merger is facing. Both sides maintain they are fighting hard to win approval from skeptical antitrust enforcers at the Federal Trade Commission. But Wall St. has already grown accustomed to the notion that the FTC won't clear the transaction and the companies will need to either give up or fight the commission in court. And in an update on the merger to employees Monday, John Standley and Ken Martindale, respectively Rite Aid's chairman and CEO and the CEO Rite Aid Stores, the pair wrote in a downcast tone on the deal's prospects. Also Monday, Walgreens declined to issue additional debt securities