COVID-19’s Potential Double-Digit Hike on 2021 Premiums

According to a new report by Covered California, California’s marketplace, 2021 premium increases to individuals and employers from COVID-19 alone could range from 4 percent to more than 40 percent, if carriers must recoup 2020 costs and protect solvency. COVID-19 has been an unprecedented situation with one-year projected costs in the national commercial market ranging ...

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Bill Gates Is Spending Billions To Produce 7 Potential Coronavirus Vaccines

Microsoft founder and billionaire philanthropist Bill Gates said his foundation is funding the construction of factories that will manufacture seven promising coronavirus vaccines.

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Analysis Estimates Up To 2 Million Uninsured People Could Require COVID-19 Hospitalization

A new KFF analysis estimates that between 670,000 and 2 million uninsured people around the country eventually could be hospitalized with COVID-19, the respiratory disease caused by the novel coronavirus. Reimbursing hospitals for those treatments could cost between $13.9 billion and $41.8 billion.

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The Coronavirus Small Business Loan Program: What You Need To Know

Starting today, small businesses can apply for the nearly $350 billion in loans available through the economic rescue plan from Congress. The loan program, known as the Paycheck Protection Program, is intended to support businesses so they can ride out the tough economic times and, most importantly, assist with either keeping current workers or rehire those who were laid off.

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Trump Administration Uses Wartime Powers To Be First In Line On Medical Supplies

The Trump administration quietly invoked the Defense Production Act to force medical suppliers in Texas and Colorado to sell to it first — ahead of states, hospitals or foreign countries.

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Gavin Newsom Planned A $222 Billion State Budget. It’ll Be ‘Radically Changed’ By Coronavirus

California Gov. Gavin Newsom says he is going back to the drawing board for his budget proposal, abandoning the $222 billion plan he laid out in January as the coronavirus pandemic hammers the state’s economy.

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