Kentucky co-op blames inadequate risk-corridor funding for closure

By Bob Herman  |  October 12, 2015

Kentucky Health Cooperative will end operations by the end of this year. A major factor behind its demise was low payments from the Affordable Care Act's risk-corridors program, which could force more co-ops to close in the near future.

Editorial: Keep the Cadillac tax

Editorial: Keep the Cadillac tax

By Merrill Goozner  |  October 10, 2015

As the campaign season heats up, opposition to the so-called Cadillac tax on high-cost health insurance plans is growing. Congress should reject any attempt at outright repeal.

Kentucky co-op insurer won’t participate in state’s exchange for 2016

By Associated Press  |  October 10, 2015

A Kentucky not-for-profit that emerged as one of the largest insurance providers on the state's health exchange has given notice that it won't offer plans for 2016, a decision affecting tens of thousands of customers ahead of the next enrollment period starting in a few weeks.

California approves Blue Shield, Care1st merger over consumer group objections

By Lisa Schencker  |  October 09, 2015

While regulatory approval of Blue Shield of California's $1.2 billion acquisition of the Los Angeles managed-care company Care1st removed its state tax-exempt status, consumer groups say the combined entity's commitment to expand access and increase transparency doesn't go far enough.

MedPAC pivots on fairness of MA star-rating system

By Virgil Dickson  |  October 09, 2015

The Medicare Payment Advisory Commission is holding off on recommending how Congress or the CMS should address a perceived disadvantage some Medicare Advantage plans say they face with the agency's star rating system.

J&J, UnitedHealth to kick off third-quarter earnings season

By Bob Herman  |  October 09, 2015

Wall Street will be on full alert next week to see if healthcare companies' earnings reports will rejuvenate their slumping stocks and the broader U.S. market. Johnson & Johnson and UnitedHealth Group will be among the first to report.

Feds boost privacy protection on

By Associated Press  |  October 09, 2015

Responding to criticism from civil liberties advocates, the Obama administration said Friday that it has strengthened consumer privacy protections on the government's health insurance website as a new sign-up season nears.

Drugs, insurance costs drive healthcare spending higher

By Merrill Goozner  |  October 09, 2015

While higher drug prices and the soaring cost of administering health plans sent healthcare spending to its highest level of the year, there are some signs those costs are beginning to moderate, according to analysts at the Altarum Institute.

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