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California Commission to Explore Single-Payer System

January 28, 2020

California Gov. Gavin Newsom was a single-payer candidate. The Democrat campaigned hard for the creation of one public insurance program for all Californians. And within hours of taking office last year, he called on the federal government to allow California and other states to create single-payer programs. Read More

5 Ways the New Coronavirus May Already Be Affecting U.S. Insurers

January 28, 2020

China’s new coronavirus outbreak may never cause a significant number of health insurance or life insurance claims in the United States, but it’s already joined two other coronavirus outbreaks — Severe acute respiratory syndrome (SARS) and Middle East respiratory syndrome (MERS) — as something that will shape how life insurance actuaries, investors and regulators see insuring people against the risk of dying for decades to come. Read More

Commissioner Lara Clears Licensing Individuals with Cannabis-Related Convictions

January 28, 2020

Commissioner Ricardo Lara today announced the Department of Insurance will use its discretion in deciding whether to issue licenses to those with cannabis-related convictions in support of Proposition 64, the Adult Use of Marijuana Act, approved by voters in 2016. This action will clear obstacles to becoming an agent, broker, or other licensee for those whose past convictions are eligible to be dismissed or reduced under the current law. Read More

How Will the CMS’s New Health Care Price Transparency Rule Play Out?

January 28, 2020

The hospital chargemaster list is the latest political hot potato to be gingerly handled by the Trump administration. With new disclosure requirements scheduled to take effect in 2021, the Centers for Medicare and Medicaid Services intends to provide health care consumers access to data never before made public in an effort to help them make better decisions concerning their health. Read More