CHIP funding will run dry in several states by the end of January

child kid CHIP funding

Kids in many places across the country and whose families have low incomes will be without health insurance. CHIP funding was allowed to expire on September 30, 2017 and, despite the fact that the program has bipartisan support, it still has not been renewed. States have been doing what they could to compensate for the medical expenses without federal money. Unfortunately, some states haven’t fared as well as others. Now, many of the 9 million children enrolled in the program, as well as pregnant mothers and babies born over the…

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CVS Health to acquire Aetna in a $69 billion bid

CVS health insurance

The retail pharmacy and health care company could create a significant shift in the insurance industry. CVS Health has made a serious bid to buy insurance giant Aetna for a price tag of about $69 billion. Should this acquisition close, it could push the retail chain further into the health care industry while offering a key client significant protection. The announcement of the health insurance company’s acquisition was made at the start of this week. This acquisition will have CVS Health Corp. paying approximately $207 in cash and stock for…

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CVS Health called “insane” for attempting to step into insurance industry

CVS Health insurance

Wall Street Analysts are baffled by the pharmacy and drug store chain’s potential Aetna purchase. CVS Health revealed its intentions to purchase nationwide insurance provider, Aetna. This would represent the company’s first steps into the health insurance industry. At the same time, it has Wall Street analysts puzzled over the decision. This entry into health insurance within the current atmosphere has analysts completely confused. Jeffries health care desk analyst, Jared Holz, called the CVS Health decision “insane.” Moreover, he also said that this move to acquire Aetna has arrived much…

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Health insurance market is experiencing a growth rate slowdown

affordable care act health insurance coverage

A government survey has shown that the growth rate within that market dropped significantly in 2016. A federal report has confirmed that the health insurance market growth rate is slowing down. In fact, this year saw a notable growth reduction when compared to the rates seen since the launch of the Affordable Care Act. Still, there is progress being made and at the start of the year, uninsured rates hit record lows. During the first three months of the year, the health insurance market was providing coverage for an additional…

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Health insurance mergers may impede value-based care

health insurance mergers industry care

The Justice Department determined that if large insurers come together it would hinder new coverage model adoption. Health insurance mergers have been increasingly common lately. That said, they’ve also been generating a considerable amount of controversy at the same time. According to the U.S. Justice Department, if very large insurers should merge as they have been doing, it could be damaging to current industry model trends. Among the main changes in health care is the move away from fee-for-service medicine. Instead, private insurance and the government have been shifting toward…

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Could health insurance discrimination result from DNA data collection?

health insurance discrimination dna genetic testing

In all but one G7 country, there are laws to protect people from losing rights based on their genetics. There is a rising belief among geneticists that the completion of genome sequencing would cause people to discover things about themselves that they don’t want to know, but many don’t realize that health insurance discrimination could also result from this type of test. These tests produce a detailed analysis of a person’s complete genetic code and they are not expensive to obtain. Naturally, DNA tests will not guarantee that a person…

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Insurance industry placed in the spotlight in Hillary Clinton ad

Hillary Clinton health insurance industry

The Democratic presidential candidate made several points that villainized health insurers. Hillary Clinton has used one of her latest ads as a Democratic presidential candidate to focus on taking control over the rising expenses people are facing when buying prescription drugs and has put some blame on the health insurance industry. The design of the ad clearly pointed to the insurance companies as participants in keeping the those expenses high. The ad was first released over the weekend and appeared before Iowa and New Hampshire viewers. Within it, Clinton discussed…

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Poll shows health insurance industry tactics causes healthcare struggles

health insurance mergers industry care

The research has shown that delays and compromised medical care are resulting from common strategies. According to the results of a poll conducted by the largest advocacy group for emergency physicians in the United States, recent tactics being used by the health insurance industry are causing patients to have to give up on necessary medical care. The poll involved the participation of 1,433 physicians and was conducted by the American College of Emergency Physicians (ACEP). The survey was conducted throughout September 2015 and this nationwide poll’s results revealed that 70…

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Health insurance exchange website security gets a boost

Health Insurance Exchange

The Obama administration has responded to criticisms from civil liberties advocates with strengthened protection. Following criticism that the Obama administration has received from civil liberties advocates, it has now stated that it will be strengthening the security of its health insurance exchange website, just as a new open enrollment period is about to begin. The page will now feature a new “privacy manager” that will offer users additional control. According to a blog post by Kevin Counihan, the CEO of HealthCare.gov, the federal health insurance exchange website, the site will…

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Leading health care reform official takes place as insurance lobbyist

Marilyn Tavenner health care reform

Marilyn Tavenner will soon be stepping into a position at the head of an insurance industry lobbying group. A former leading U.S. health care reform official, Marilyn Tavenner, has now taken a position that is a step away from regulating health insurers, as she will be the next leader of an insurance industry lobbying group. The America’s Health Insurance Plans (AHIP) group recently announced that Tavenner would be taking its lead. Tavenner had previously been the Administrator of the Centers for Medicaid Services, and had a major role in the…

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