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.
Many small and midsize U.S. employers may be so angry about the cost of health benefits that they will rush to try something completely different, even if they don’t know much about the new coverage strategy. Vitable, a direct primary care plan manager, has published data on employers’ fight to hold down health benefits costs ...
Small U.S. employers may be dropping health benefits partly because the Affordable Care Act premium tax subsidy system pushes employers to drop their coverage. Brian Blase, president of the Paragon Health Institute, makes that case in a batch of written testimony he prepared for a Senate hearing. Blase — an economist who served as a ...
Drugmaker Eli Lilly is rolling out a new model to make it easier for employers to provide access to its GLP-1 drugs for weight management. Lilly said in an announcement that the model is built on three core elements. For one, it provides flexibility around benefit options for obesity care, allowing employers to design the benefits that ...
Healthcare politics and investing might as well be living in alternate universes. President Trump and some Republicans have been describing Obamacare as a gravy train for insurers. Trump’s latest broadside slammed “big, fat, rich insurance companies who have made trillions,” and he urged Congress to send healthcare subsidies directly to patients instead. Wall Street sees ...
Optum Rx will reduce reauthorizations on 40 additional medications Jan. 1, surpassing initial goals set out earlier this year. The pharmacy benefit management arm of UnitedHealth Group first revealed earlier this year that it was aiming to reduce reauthorizations, a specific model for prior authorization, by up to 25%. The new additions bring the total ...
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 ...