State lawmakers last week convened the first hearing of a governor-ordered legislative special session on health care funding.

California insurers have received nearly $1.2 billion through the Affordable Care Act's reinsurance program, according to a Covered California analysis of a recent CMS report, Business Insurance reports (Geisel, Business Insurance, 7/6).

Aetna aims to spend about $35 billion to buy rival Humana and become the latest health insurer bulking up on government business as the industry adjusts to the federal health care overhaul.

Los Angeles-based managed care provider Health Net is being acquired by Centene Corp. in a deal valued at $6.8 billion. The deal could mean job losses at Health Net offices in Rancho Cordova, where more than 2,400 of the Woodland Hills-based health insurer's employees work.

The right to marry in any state won’t be the only gain for gay couples from last week’s Supreme Court ruling. The decision will probably boost health insurance among gay couples as same-sex spouses get access to employer plans, say analysts and benefits consultants. How much is unclear, but “it’s going to increase coverage” in ...

On Wednesday, Gov. Jerry Brown (D) signed a $167.6 billion state budget that includes funding to expand Medi-Cal to undocumented children, as well as other health care implications, the Los Angeles Times‘ “PolitiCal” reports. Medi-Cal is California’s Medicaid program. The budget will take effect July 1 (Megerian, “PolitiCal,” Los Angeles Times, 6/24). Background on Budget ...