Industry Updates Category Banner

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.

California Attorney General Sues Drugmakers Over Inflated Insulin Prices

California Attorney General Rob Bonta on Thursday sued the six major companies that dominate the U.S. insulin market, ratcheting up the state’s assault on a profitable industry for artificially jacking up prices and making the indispensable drug less accessible for diabetes patients.

Read More

A New Era in Healthcare Cost Regulation in California

On June 30, 2022, Governor Gavin Newsom approved SB 184, the California Healthcare Quality and Affordability Act, a far-reaching law that will have a significant impact on the delivery and payment for healthcare services in California.

Read More

California Awards Managed Care Contracts To Molina, Elevance Health And Others For 2024

California has awarded managed care plan contracts to five insurers to serve Medicaid beneficiaries across 21 counties in the state in 2024.

Read More

New Compliance Requirement For California Insurance Agents’ Email Communications

Under new California law (SB 1242) effective January 1, 2023, California insurance agents are required to list their insurance license numbers on all email communications.

Read More

These States Tried An Obamacare Public Option. It Hasn’t Worked As Planned.

A trio of Democratic Western states hailed passage of their public health insurance options as important steps toward finishing Obamacare’s work of providing universal health coverage. But an early look at Washington, Colorado and Nevada show their plans to provide more affordable coverage to hundreds of thousands of people aren’t working out as hoped. In ...

Read More

California’s Office Of Health Care Affordability Outlines Roadmap To Delivering Better Value And Outcomes For Patients

California took another step toward slowing the escalation of healthcare cost growth with the formal launch of the Office of Health Care Affordability at a briefing in Sacramento on November 30. The long-awaited state agency’s goals are to lower the cost of care by setting spending targets for payers and providers – including hospitals – ...

Read More

Thousands Of Working Californians Can Slash Health Insurance Premiums After IRS Rule Change

The Biden administration moved this week to eliminate the so-called “family glitch,” giving 391,000 California residents a way to slash those costs starting this week. When the U.S. Affordable Care Act went into effect, it excluded workers from buying insurance coverage for their families on state-based exchanges if they could get a job-based policy for ...

Read More

CAA’s Prescription Drug Data Collection (RxDC) Requirements For Health Plans

The Consolidated Appropriations Act (CAA) of 2021 created a myriad of new compliance requirements for health plans, insurance issuers, insurance agents, and providers – all aimed to promote transparency. While the law was signed on December 27, 2020, many of its requirements and deadlines are approaching now. One of the new CAA requirements is for ...

Read More

California Senior Citizens Are Hit Hard As COVID-19 Surges This Winter

There has been a troubling spike in coronavirus-positive hospital admissions among seniors in California, rising to levels not seen since the summer Omicron surge.

Read More

Blue Shield To Lay Off Hundreds Of California Workers, Including Many In Sacramento Area

Blue Shield of California will be terminating 150 employees in the Sacramento region and 74 in Lodi as part of statewide layoffs affecting 373 people, according to notices the company filed with the state’s Employment Development Department. The company released a statement, saying: “As a nonprofit health plan, Blue Shield of California is driven by ...

Read More
arrowcaret-downclosefacebook-squarehamburgerinstagram-squarelinkedin-squarepauseplaytwitter-squareyoutube-square