The Department of Justice (DOJ) approved a $69 billion CVS-Aetna merger on Wednesday after Aetna agreed to sell off its Part D business.
Lots of state elected officials run for higher office, and most of them lose. Steve Poizner is one example; he served one term as the state insurance commissioner before running for governor in 2010, getting trounced by Meg Whitman in the Republican primary.
Insurers reported surging profits in the individual market during the second quarter of 2018, easing short-term concerns about the stability of those marketplaces.
With workers harder to find and Obamacare’s tax on generous coverage postponed, employers are hitting pause on a feature of job-based medical insurance much hated by employees: the high-deductible health plan.
Annual family premiums for employer-sponsored health insurance rose 5 percent to average $19,616 this year, extending a seven-year run of moderate increases, finds the 2018 benchmark Kaiser Family Foundation Employer Health Benefits Survey released today. On average, workers this year are contributing $5,547 toward the cost of family coverage, with employers paying the rest.
Employees by and large are using their HSAs as spending accounts rather than as tax-free long-term savings accounts and many still do not understand how to take advantage of these plans, according to a new survey from Willis Towers Watson.