Industry Updates
This broad category includes articles concerning health insurance costs, carrier and health plan news, changing benefits technology, and surveys by the Kaiser Family Foundation and others on employee benefits.
The nation’s 20 state Obamacare exchanges appear poised to quickly update premiums if Congress passes a straightforward extension of enhanced subsidies when it votes on the matter next month. But there’s another, increasingly likely scenario that could catch them flat-footed. That’s if lawmakers decide to go a different route – for example, by paying the ...
Dr. Mehmet Oz, the administrator for the Centers for Medicare and Medicaid Services (CMS), said Sunday the Trump administration is holding “discussions” on extending subsidies offered under the Affordable Care Act (ACA). “There are discussions around extending the subsidies, if we deal with the fraud, waste and abuse that, right now, is paralyzing the system,” Oz told ...
Almost half of adults, 47%, say they’re worried they won’t be able to afford health care next year — the highest level since West Health and Gallup began tracking in 2021.
With enhanced Affordable Care Act premium subsidies set to expire at the end of this year, health care affordability was a contentious issue in the recent government shutdown. Both political parties are making policy proposals aimed at lowering prescription drug costs for American families. The Trump administration recently announced several actions addressing the cost of ...
Sen. Bill Cassidy on Monday proposed replacing enhanced Affordable Care Act premium tax credits with pre-paid health savings accounts. The Louisiana Republican’s proposal comes as lawmakers scramble to find a remedy for skyrocketing costs of Obamacare health insurance premiums. The boosted ACA tax credits, which this year have lowered the cost of Obamacare plans for about 20 million Americans, are set to expire at the end ...
Insurers and drug companies facing dire threats to their bottom lines this year from President Donald Trump and Republicans in Congress had to make a choice: Stand and fight, or go to ground and cut some deals. Insurers fought in a bid to kill the threat; drugmakers cut deals to mitigate the damage. The early ...
While the FDA is streamlining regulation of copycat versions of the expensive drugs that millions take for arthritis, cancer, and other diseases, the U.S. patent office is making it harder for the cheaper medicines to get on the market, industry officials say. These officials were thrilled Oct. 29 when FDA Commissioner Marty Makary announced the ...
Sutter Health plans to open a major new hospital in Santa Clara by 2031, the provider announced Monday. The eight-story, 850,000-square-foot facility from one of Northern California’s largest hospital systems will include 272 beds, an emergency department, intensive care unit, labor and delivery department and other services. It will be located at 2831 and 2841 ...
A US congressional commission is ringing alarm bells about China's growing dominance over America's drug supply, saying it is putting the country's health in the hands of an adversarial nation.
Washington can now work to get its operations back up and running — but it will do so without Democrats securing their paramount objective: a concrete path forward to preserve enhanced tax credits for ACA plans set to expire at the end of 2025.