WASHINGTON — Democratic lawmakers in recent weeks have begun to advance an argument long seen as something of a third rail in U.S. politics: that slightly less biomedical innovation might be worth a dramatic reduction in drug prices. The surprising candor has come amid pushback to House Speaker Nancy Pelosi’s high-profile drug pricing bill, which the trade group PhRMA this month said represented “nuclear winter” for the development of new medicines.
Applied Underwriters executives have responded to efforts by the California Department of Insurance to halt the sale of one of its subsidiaries and threaten to upend a reported $920 million deal that’s been in the works for some time.
Employers are increasingly seeking out benefits brokers who can assist them with compliance issues. That’s according to a new employer survey from Zywave, which found the vast majority of clients (98%) want their brokers to assist them with compliance related questions and 78% want compliance resources.
If you are among the Californians who buy your own health insurance, a surprise may await you as the enrollment period for 2020 coverage opens this week. Starting Jan. 1, California will become the first state to offer subsidies to middle-income people who make too much money to qualify for the federal tax credits that help consumers buy health coverage through Covered California, the state’s Affordable Care Act insurance exchange.
Now that California legislators and Gov. Gavin Newsom are done making new laws for the year, here’s a look at how the policies they created will affect your health care.
People buying insurance through Covered California might see lower prices this time around, following changes in Gov. Gavin Newsom’s most recent state budget. Enrollment for the state’s health benefit exchange begins Oct. 15. Certain low-income Californians are already eligible for subsidies from the federal government to help pay their premiums, but this year there are new state dollars to help low and middle income residents.