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News
Medical-loss ratio prompted insurers to refund $332 million last year
By Bob Herman | July 24, 2014 | Basic Web Basic Web Subscription Details
A federal rule requiring health insurers to spend a minimum percentage of premium dollars on medical care led to more than $332 million in rebates last year, according to HHS.
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News
Gilead reports massive Q2 earnings jump thanks to Sovaldi
By Virgil Dickson | July 23, 2014 | Basic Web Basic Web Subscription Details
Gilead Science's second-quarter earnings blew through year-ago levels, thanks in part to its blockbuster, and controversial, hepatitis C drug Sovaldi.
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News
10.3 million gained insurance under Obamacare: study
By Paul Demko | July 23, 2014 | Basic Web Basic Web Subscription Details
About 10.3 million Americans have gained insurance coverage since the full implementation of Obamacare last year, according to an analysis published Wednesday in the New England Journal of Medicine.
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News
Working around exchange subsidy ruling should be easy: experts
By Darius Tahir and Paul Demko | July 23, 2014 | Basic Web Basic Web Subscription Details
Tuesday's split decision in two federal appellate court cases over whether consumers shopping on the federal insurance exchange can receive premium subsidies could have major effects on the healthcare market. But some experts say officials in states that have not established their own state-run...
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News
Suit alleges Tennessee put Medicaid applicants in limbo by steering them to HealthCare.gov
By Beth Kutscher | July 23, 2014 | Basic Web Basic Web Subscription Details
Tennessee residents who faced lengthy delays when they applied for Medicaid are now suing the state for failing to process their applications in a timely manner.
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News
Bogus exchange applications resulted in coverage, GAO says
By Paul Demko | July 23, 2014 | Basic Web Basic Web Subscription Details
A day after federal appellate courts issued conflicting rulings about whether individuals who obtain coverage through the federal exchange are eligible for subsidies, a House subcommittee heard about another aspect of health insurance subsidies, namely that it's apparently easy to obtain them under...
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News
Reform Update: Cost-sharing subsidies help poor pay for ACA care
By Bob Herman | July 23, 2014 | Basic Web Basic Web Subscription Details
The Patient Protection and Affordable Care Act's premium subsidies for buying exchange coverage have drawn huge attention this week following conflicting appellate court rulings about their legality. But far less is known about the law's related provision for helping lower-income Americans afford...
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Information
More digital health startups chosen for NYC accelerator
By Crain's New York Business | July 23, 2014
Seven digital health companies have been selected from among 138 applicants to be part of the second class in the New York Digital Health Accelerator.
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News
M-Modal expects to emerge from bankruptcy in coming weeks
By John N. Frank | July 23, 2014 | Basic Web Basic Web Subscription Details
Franklin, Tenn.-based medical transcription technology company M-Modal says it expects to emerge from bankruptcy in the next three weeks. M-Modal filed for bankruptcy protection in March, less than two years after it was acquired for a reported $1.1 billion by an investment unit linked to JP Morgan...
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Information
Government drafting birth-control accommodation
By Associated Press | July 23, 2014
The Obama administration is developing a new way for religious not-for-profits that object to paying for contraceptives in their health plans to opt out, without submitting a form they say violates their religious beliefs.
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