President Barack Obama will veto a bill passed by congressional Republicans to repeal most of the Affordable Care Act, whose new insurance markets also faced questions about sustainability.
As of Dec. 17, 12 of 23 not-for-profit co-op health plans established through ACA loans to provide more insurance competition have been shut down for financial reasons.
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Dr. Prem Reddy, CEO of Prime Healthcare Services, withdrew Prime from a deal to acquire the six-hospital Daughters of Charity Health System, its biggest deal to date, after the California attorney general set tough conditions for approval.
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Martin Shkreli, CEO of Turing Pharmaceuticals, was vilified even by drug industry leaders for "profiteering" after his company bought the rights to the drug Daraprim and immediately raised the price by more than 5,000%. In December, Shkreli was charged with securities fraud for actions undertaken when he was CEO of another pharmaceutical company, Retrophin, and was ousted as CEO of Turing.
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Hemsley
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(Democratic Va. Gov. Terry McAuliffe, pictured, has failed to get expansion through his state's General Assembly.)
Healthcare providers and low-income residents in Florida, Tennessee, Virginia and Utah saw
Healthcare providers' right to sue state Medicaid agencies over low payment rates was sharply limited by the U.S. Supreme Court's Armstrong decision, which could reduce low-income Americans' access to care.