Martin Shkreli Found Guilty of Fraud

August 8, 2017

Martin Shkreli, the eccentric former pharmaceutical CEO notorious for a price-gouging scandal and for his snide "Pharma Bro" persona on social media, was convicted Friday on federal charges that he deceived investors in a pair of failed hedge funds. Read More

Want a Better Obamacare Rate? You May Have to Call the Movers

August 8, 2017

Under preliminary Obamacare rates announced by Covered California, premiums on exchange plans will rise by an average of 5.7 percent in Sacramento, Placer, El Dorado and Yolo counties. That’s less than half of the statewide average of 12.5 percent, and consumers could virtually avoid an increase altogether if they shop around. Read More

Medicare Advantage: Perfect Insurer Profit Center

August 8, 2017

Big insurers have retreated from Obamacare’s individual market, where fighting over the future of the health law has contributed to financial losses. They’re focusing instead on Medicare Advantage, a politically popular program that’s being embraced by a growing population of older Americans. Read More

Benefits in Brief: Deadlines and ACA Guidance for the New Plan Year

August 1, 2017

Administering a health and welfare benefit plan means keeping up with deadlines, and that can be a challenge. It also means planning well in advance for each new plan year and open enrollment period--and for employers with calendar year plans, that work is now underway. This newsletter highlights some deadlines and regulatory guidance available to assist employers and benefit professionals with these tasks. Read More

Senate GOP Sees No Path On Health Care, Despite Trump Prods

August 1, 2017

The Senate's top Democrat accused President Donald Trump on Tuesday of childish behavior by threatening to halt federal payments that help millions afford health coverage, saying such a move would impose a "Trump premium tax" by forcing consumers' insurance costs upward. Read More