Month: June 2018
Gov. Jerry Brown and Democratic legislative leaders struck a $200 billion budget deal on Friday that rejected two proposals that would have expanded access to health care and tax breaks to undocumented Californians.
The administration of President Donald Trump is still hoping to replace the current Affordable Care Act commercial health insurance subsidies with grants for states.
Insurance Commissioner Dave Jones announced today the California Department of Insurance has served an Order to Show Cause and Accusation against Accordia Life and Annuity Company and Athene Annuity and Life Company for failing to service over 50,000 policies issued to California consumers and imperiling the benefits to which they are entitled.
Department of Health and Human Services (HHS) officials have been meeting with pharmaceutical companies to seek voluntary cuts in drug prices, according to sources familiar with the meetings.
It’s no secret: An emergency room visit for a heart attack or broken leg costs a pretty penny.
Even health insurers that don't expect many of their plan members to drop insurance coverage after the individual mandate penalty is zeroed out may still have to raise individual market premiums in 2019. That's because their payments from the ACA's risk-adjustment program will change thanks to the mandate loss.
Federal officials will not block insurance companies from again using a workaround to cushion a steep rise in health premiums caused by President Donald Trump’s cancellation of a program established under the Affordable Care Act, Health and Human Services Secretary Alex Azar announced Wednesday.
Alex M. Azar II, the secretary of health and human services, denied on Wednesday that Trump administration policies were driving up health insurance costs, which many experts expect to surge again in 2019.
Earlier this month, the Internal Revenue Service announced in Revenue Procedure 2018-30the 2019 limits for contributions to health savings accounts and definitional limits for high deductible health plans. These inflation adjustments are provided for under Internal Revenue Code Section 223.
California's General Assembly has passed a bill to become the first state to extend Medicaid coverage to immigrants, regardless of their status.