When a patient shows up to the emergency room needing immediate life-saving surgery, they are going to receive treatment whether they have insurance or not. With both Congress and the White House pushing for repeal of the Affordable Care Act, hospital administrators are telling lawmakers they will need to restore billions of dollars a year in federal funding to hospitals to cover the costs of treating uninsured and low-income patients. [More]
This week, a federal judge blocked the proposed $37 billion merger of health insurance giants Aetna and Humana, ruling that the two companies would significantly reduce competition in the health care market if they teamed up. Now what are the two companies going to do? They might appeal the ruling. Or not. [More]
Six months after the U.S. Department of Justice and attorneys general from eight states and the District of Columbia sued to stop the merger of insurance giants Aetna and Humana, the federal judge in the case has blocked the deal from moving forward. [More]
Trump Executive Order Directs Federal Agencies To Scale Back Obamacare; Could Remove Individual Mandate
One of President Trump’s first acts in the Oval Office on Friday was to sign an executive order directing federal agencies to scale back on enforcing and implementing the Affordable Care Act wherever they can, while the new administration and Congress work on dismantling the 2010 law. [More]
Last week, both the House and Senate took the first steps toward dismantling the Affordable Care Act. This morning, a review by the nonpartisan Congressional Budget Office concluded that one approach to repealing this law would result in millions of additional uninsured Americans and higher rates for those with insurance. [More]
About 36 hours after the U.S. Senate narrowly voted to approve a budget resolution that gets the ball rolling on repeal of the Affordable Care Act, the House of Representatives has also okayed the resolution by a vote that largely — but not unanimously — followed party lines. [More]
In the early hours of Thursday morning, the U.S. Senate voted — largely along party lines — on a resolution instructing multiple legislative committees to begin the process of disassembling the 7-year-old Affordable Care Act. [More]
Selling health insurance to dead people is not a very profitable business, since they don’t need it. Yet because of bad information in marketing databases, plenty of dead people receive marketing mail… including Medicare supplemental insurance solicitations when they’re about to turn 65. Why do dead people keep getting mail, and is it possible to stop it before it sets off fresh grief? [More]
In a lawsuit seeking to block the merger of health insurance companies Aetna and Humana, the U.S. Department of Justice cited decreased competition on state individual health insurance exchanges as one reason why the merger shouldn’t happen.
We closed out 2015 with the health insurance market poised to get a lot smaller, as Anthem proposed to by Cigna and Aetna said it would buy Humana. If both mergers go through, the number of large nationwide health insurance carriers would drop to just three… a big challenge in a U.S. that’s seen the market for health insurance expand since the Affordable Care Act went into effect. And if reports are true, the Justice Department may feel that’s just too much contraction.
More than 100,000 Minnesota residents will have to hunt around for a new health insurance provider, after Blue Cross and Blue Shield of Minnesota announced it’s taking a step back from offering health plans to individuals and families in the state as of 2017. [More]
If a drug maker says their new prescription medication will reduce cholesterol by a certain percentage, or that it will counter symptoms of some chronic illness, but it doesn’t quite live up to its marketing, should the insurance companies still pay the price they originally agreed to? A growing number of insurers are making deals that tie the price of a drug to its real-world performance. [More]
There’s perhaps nothing more annoying than rushing to answer a ringing phone than to find a robot on the other end. But when that robocall is coming in at three in the morning? That’s an annoyance 10,000 senior citizens went through when a Massachusetts health insurer said it accidentally robocalled customers between 3 a.m. and 5 a.m. this week. [More]