California Floats Extending Health Insurance Subsidies to All Adult Immigrants

The same health advocates who fought for the Medi-Cal expansion say the next step in achieving health equity is expanding Covered California, the state’s ACA marketplace, to all immigrant adults by passing AB 4.

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Biden Team’s Tightrope: Reining In Rogue Obamacare Agents Without Slowing Enrollment

President Joe Biden counts among his accomplishments the record-high number of people, more than 21 million, who enrolled in Obamacare plans this year. Behind the scenes, however, federal regulators are contending with a problem that affects people’s coverage: rogue brokers who have signed people up for Affordable Care Act plans, or switched them into new ...

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Trump, Biden Admin Policy Heads Agree: Price Transparency Is Here To Stay

Price transparency and the No Surprises Act are still in their infancy, but providers and health plans would be smart to comply now to avoid facing unnecessary penalties, warned President Trump’s former Health and Human Services Secretary Alex Azar in a recent virtual summit. The former policymaker said the wheels set in motion during his ...

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Healthcare And Drugmaker Groups Seek To Revive Challenge To US Drug-Pricing Law

Healthcare and drug industry groups on Wednesday urged a U.S. appeals court to revive their challenge to a law requiring manufacturers to negotiate the prices of some drugs with the U.S government’s Medicare health insurance program or pay heavy penalties. Pharmaceutical Research and Manufacturers of America (PhRMA), the Global Colon Cancer Association and the National ...

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California To Receive Settlement From The Same Company It’s Partnering With On Overdose Reversal Drug

California announced a tentative settlement agreement Friday with a pharmaceutical company over its alleged role in perpetuating the opioid addiction crisis battering the state — the same company Gov. Gavin Newsom is partnering with to produce lower-cost opioid overdose reversal drugs. That means the state could hand any funds it receives from the settlement right ...

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Rite Aid Closes a Quarter of Stores as It Navigates Bankruptcy

Rite Aid Corp. is working to complete a deal with lenders to exit bankruptcy. But even with a rescue deal in hand, the ailing pharmacy chain is poised to to be significantly smaller. Since filing Chapter 11 in October, Rite Aid has said it will close more than 520 locations, according to a Bloomberg News ...

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CVS Health Chops 2024 Forecast As Cost Struggles With Medicare Advantage Persist

CVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below Wall Street’s forecast. Shares of the health care giant plunged Wednesday after the company said it was still struggling with rising costs from care use in its Medicare Advantage business. Company leaders told analysts they were still dealing with rising use ...

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New Medicaid Rule Expected To Lower Wait Times For Home-Based Care, Raise Caregiver Wages

Caregivers for older adults and people with disabilities could see a bump in their wages in the coming years, thanks to a forthcoming rule by the Centers for Medicare and Medicaid Services. The new rule brings sweeping changes to a bevy of Medicaid programs throughout the country, including fee-for-service and managed care delivery systems. One ...

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‘Breaking a Promise’: California Deficit Could Halt Raises for Disability Workers

Families of people with intellectual and developmental disabilities say Gov. Gavin Newsom is reneging on a scheduled raise for the workers who care for their loved ones, and advocates warn of potential lawsuits if disability services become harder to get. Citing California’s budget deficit, the Democratic governor wants to save around $613 million in state funds by ...

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Medicare And Social Security Go-Broke Dates Are Pushed Back In A ‘Measure Of Good News’

The go-broke dates for Medicare and Social Security have been pushed back as an improving economy has contributed to changed projected depletion dates, according to the annual Social Security and Medicare trustees report Monday. Still, officials warn that policy changes are needed lest the programs become unable to pay full benefits to retiring Americans. Medicare’s go-broke date ...

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