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Managed Care Companies
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AETNA TO OFFER MEDICARE ADVANTAGE IN KERN, CA
Aetna Inc. (Hartford, CT), which by 2006 hopes to expand to 13 from five the number of counties in which it offers Medicare Advantage plans, announced that it will return to Kern County, CA, with individual Medicare Advantage plan options effective June 1, 2005.
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AMERIGROUP MAY EXIT IL MEDICAID MARKET
Amerigroup Corp. (Virginia Beach, VA) said there is no guarantee that it will continue to participate in Illinois’ voluntary managed Medicaid program, following the state’s decision to reduce funding by $70 million.
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WELLPOINT TO ACQUIRE ATRIUM
WellPoint Inc. (Indianapolis) will acquired Atrium Health Plan (Hudson, WI), a unit of Blue Cross Blue Shield of Minnesota serving 52,000 group and individual HMO and PPO lives in 28 counties in northern and western Wisconsin.
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TUFTS CEO, COO RESIGN
Tufts Health Plan chief executive Nancy Leaming and chief operating officer Rich Hallworth have resigned under mutual agreement with the company’s board of directors in the wake of continued operating losses and falling membership.
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