CVS Health Announces Plan To Re-Enter ACA Markets, Reports 44% Drop In Q4 Profits

CVS Well being will re-enter the Inexpensive Care Act exchanges come January 2022, with CEO Karen Lynch calling the market sound and estimating it might comprise as much as 15 million lives. “It is clearly stabilized over time because of among the treatments put in place,” Lynch stated. Aetna introduced it was leaving the change ...

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Senate Democrats Unveil Health Care Proposal With Public Option

Two Democratic senators released their version of a public option health care plan Wednesday, setting the stage for this year’s debate over how best to expand coverage to the millions of people who are uninsured. The proposal from Sens. Michael Bennet (Colo.) and Tim Kaine (Va.) would create a government-run health care plan on the Affordable Care Act (ACA) ...

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As Biden Sticks To The Changes Of The Trump Era, New Rules For 401 (K) Rollovers Will Take Effect

The Ministry of Labor said late last week that it would not replace it, but build it under the Trump administration’s regulations to manage advice affecting trillions of dollars in retirement accounts. Countermeasures With many rollovers coming into effect on Tuesday, hundreds of billions of dollars a year will be transferred from 401 (k) to ...

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California Aims To More Than Double Vaccination Rate In New Partnership With Blue Shield

California aims to vaccinate up to 3 million people a week by March 1 — more than double its current rate — under a distribution contract with Blue Shield that took effect Monday. The goal was set even as counties continued to face frustrating supply problems.

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U.S. Seven-Day Average Of Daily New Cases Drops Below 90,000 For First Time Since Early November

Newly reported coronavirus infections in the United States continued their steep drop, with about 56,000 new cases reported Monday, though the figure may be artificially low due to the holiday.

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House Panel Advances Bill To Boost ACA Subsidies As Part Of COVID-19 Relief Package

A House panel has advanced legislation to expand the eligibility for Affordable Care Act (ACA) exchange plan subsidies, taking another step toward final passage.

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CaliforniaChoice Launches New Website as First Milestone in Digitization Strategy

CHOICE Administrators announced today the launch of its redesigned website for CaliforniaChoice, America’s largest multi-carrier private health exchange for small business. This is a key milestone in the organization’s larger digitization strategy, which seeks to improve processes, including enrollment and renewals, for customers.

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The Number Of MA Plans Offering Supplemental Benefits Continues To Rise, Study Finds

The number of Medicare Advantage plans that offer supplemental benefits continues to grow, according to new data from the Better Medicare Alliance. The analysis, conducted by Milliman, found the number of plans offering such benefits increased across 36 out of 41 categories from 2020 to plan year 2021. That includes increases across 15 of 17 traditional supplemental ...

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Covered California Launched A New TV Ad Campaign To Reach Uninsured

Covered California launched a new television ad campaign on Monday to reach uninsured Californians during the COVID-19 pandemic. The ads support Covered California’s new special-enrollment period, which started on Feb. 1 and runs through May 15, to let uninsured Californians know that they still have time to sign up for health insurance. “Taking care of ...

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Analysis: 30% Of Providers Not Complying With CMS’ New Rule On Price Transparency

Approximately 30% of hospitals are not complying with a new rule that requires them to post payer-negotiated rates, with a lack of resources the main reason, a new analysis found. The analysis of more than 1,000 providers across 27 states completed by consulting firm Guidehouse found larger health systems were more likely to comply with the rule ...

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