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.
Republican House Speaker Mike Johnson predicted Monday the federal government shutdown may become the longest in history, saying he “won’t negotiate” with Democrats until they hit pause on their health care demands and reopen. Standing alone at the Capitol on the 13th day of the shutdown, the speaker said he was unaware of the details of the thousands of federal workers being fired ...
California this week plans to notify Affordable Care Act marketplace enrollees that their costs could rise sharply next year unless Congress extends subsidies to help people buy health insurance. Health care analysts say the nation’s uninsured population will rise significantly if federal lawmakers do not agree to renew covid-era tax credits, which Congress authorized in 2021 to ...
The Trump administration has begun to make good on its threat to fire federal workers during the government shutdown, with cuts confirmed to affect the Department of Health and Human Services (HHS)—including more than 600 at the Centers for Disease Control and Prevention (CDC) after taking into account hundreds of missent termination notices and rescindments. ...
Democrats say extending the Affordable Care Act tax credits is urgent. Republicans say there’s plenty of time to figure it out. As the government shutdown goes on, there are a lot of mixed messages on Capitol Hill about the health care issue at the center of the fight. The tax credits that make ACA health care ...
A handful of U.S. Senate Republicans are wrestling with the impending expiration of health insurance subsidies that are the primary sticking point in the government shutdown standoff that entered its 13th day on Monday. The lawmakers have not voted in favor of a proposal put forward by Senate Democrats to extend the subsidies. However, the ...
California Gov. Gavin Newsom signed a bill Saturday that will revamp the laws governing pharmacy benefit managers operating in his state. The bill “represents the most aggressive effort in the country to lower prescription drug costs,” Newsom said in a bill signing statement. The new California PBM law appears to be broader than the PBM laws ...
AstraZeneca became the second drugmaker to enter a deal with the Trump administration to offer lower prices to Medicaid and to offer some of its drugs at a discount through TrumpRx, a government website to facilitate sales directly to consumers. “In other words the lowest price anywhere in the world, that’s what we get,” President Trump ...
Tens of thousands of Kaiser Permanente workers across multiple states are set for a five-day strike Oct. 14. Seven things to know: 1. The strike involves several member locals of the Alliance of Health Care Unions, a federation of 23 union locals representing 62,000 employees. A spokesperson for Oakland, Calif.-based Kaiser told Becker’s that about 43,000 workers represented by ...
The government health program fights in Washington could hit small employers hard, because government programs provide health benefits for 19% of their workers. Medicaid covers 5% of all U.S. workers and 11% of workers at employers with fewer than 50 employees, according to a Commonwealth Fund survey results posted Thursday. Individual and family plans purchased through the ...
Vice President Vance said Sunday that subsidies offered under the Affordable Care Act (ACA) fuel waste and fraud in the insurance industry, as Republicans refuse Democratic demands to extend the tax credits ahead of open enrollment next month. “The tax credits go to some people deservedly. And we think the tax credits actually go to a lot of waste ...