Anthem's CEO told CNBC on Thursday it was a "complicated decision" to pull out of Ohio's Obamacare market, but said the model had become unsustainable.
The state exchange will now require insurers to create health plans outside of Covered California that would provide the same discounts on out-of-pocket costs that consumers get now with the so-called cost-sharing subsidies. To make up for not receiving the subsidies, insurers would be allowed to charge higher premiums - from 15 to 17 percent higher, according to Covered California Executive Director Peter Lee.
President Donald Trump repeatedly talks tough about reining in the pharmaceutical industry, but his administration’s efforts to lower drug prices are shrouded in secrecy.
Current legislature sitting in Congress – including the American Health Care Act – indicates favorable changes for health savings accounts (HSAs).
Four Democratic senators have introduced a bill that would make reinsurance a permanent part of the Affordable Care Act's individual exchanges.
When the California Medical Association lent its support to Prop. 56 last year, they expected to get something in return if it passed: a Medi-Cal pay raise.
While several states are fretting over potential health insurer shortages and lofty rate hikes for 2018 individual coverage, California's exchange seems to be a shining example of an insurance exchange gone right.
President Donald Trump told Republican senators Tuesday that the House-passed health care bill he helped revive is “mean” and urged them to craft a version that is “more generous,” congressional sources said.
As they scrambled to finalize next year’s state budget, California lawmakers this week abruptly dropped a plan to offer full Medicaid benefits to young adults living in the country illegally.
Emergency room visits by people on Medi-Cal, the state's Medicaid program, rose 75% over five years from 800,000 in the first quarter of 2012 to 1.4 million in the last quarter of 2016, according to California's Office of Statewide Health Planning and Development.