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Medicaid

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  • Feb 20- The U.S. government on Friday announced proposed payments to health insurers for 2016 Medicare Advantage plans that it said were fairly stable compared with 2015.. The proposal, released in a document by a division of the U.S. Department of Health and Human Services, sets out the parameters for reimbursement by the government for Medicare Advantage.

  • WASHINGTON, Feb 20- The Obama administration said on Friday it would create a special enrollment period for tax filers who were unaware they could face penalties for missing the Feb. 15 deadline to obtain health insurance through the federal marketplace. "We recognize that this is the first tax filing season where consumers may have to pay a fee or claim an...

  • Arkansas to end alternative Obamacare plan for poor Thursday, 12 Feb 2015 | 2:29 PM ET

    LITTLE ROCK, Ark., Feb 12- Governor Asa Hutchinson of Arkansas has signed legislation that will end by 2017 the state's innovative but controversial adaptation of the Affordable Care Act, which has provided nearly 190,000 residents with health coverage. Arkansas' "private option" plan uses federal funds from the Affordable Care Act, also known as Obamacare, to...

  • Feb 4- Nearly 7.5 million people have signed up for 2015 Obamacare health plans through HealthCare.gov with demand increasing as the Feb. 15 enrollment deadline approaches, a senior U.S. health official said on Wednesday. The two top states for sign-ups were Florida, with 1.34 million people having selected plans as of Jan. 30, and Texas, with 969,461 plans.

  • WASHINGTON, Feb 2- The Obama administration said on Monday it would seek authority to negotiate pricing for high-cost drugs under the federal government's Medicare Part D program, which offers private insurance drug coverage for senior citizens and the disabled. President Barack Obama's new $3.99 trillion budget for fiscal-year 2016 proposes allowing...

  • U.S. health insurers eye higher Obamacare profit margins Wednesday, 28 Jan 2015 | 6:06 PM ET

    NEW YORK, Jan 28- Top U.S. health insurers say their businesses offering medical coverage under so-called Obamacare are turning into profitable ventures and that they are now aiming to be on par with other sought-after government health programs. This puts the business closer to a profit margin that many insurers earn on the government's Medicare Advantage...

  • Anthem, which operates Blue Cross Blue Shield health plans in 14 states, forecast 2015 adjusted earnings to be more than $9.70 per share and operating revenue of between $78 billion- $78.5 billion. It also operates Medicare and Medicaid plans. The company's net profit rose to $506.7 million, or $1.80 per share, in the fourth quarter ended Dec. 31 from $148.2 million,...

  • Indiana gets Medicaid expansion approved Tuesday, 27 Jan 2015 | 12:05 PM ET
    Indiana Gov. Mike Pence

    The Obama administration approved Indiana's plan to provide Medicaid benefits to nearly all poor adults, with some cost-sharing features.

  • A report by the nonpartisan Congressional Budget Office said insurance coverage would cost $964 billion from 2015 to 2024, $68 billion below its April 2014 projection, due to factors including lower than expected enrollment in federal and state insurance exchanges set up under the Affordable Care Act. Even with slower enrollment in private insurance, CBO...

  • WASHINGTON, Jan 26- The Obama administration on Monday unveiled an ambitious plan to control health costs by moving the $2.9 trillion U.S. health systems away from costly fee-for-service medicine, beginning with the Medicare program for the elderly and disabled. About 20 percent of traditional Medicare payments, a sum worth $72 billion, currently go to...

  • WASHINGTON, Jan 26- The Obama administration on Monday unveiled an ambitious plan to control health costs by moving the $2.9 trillion U.S. health systems away from costly fee-for-service medicine, beginning with the Medicare program for the elderly and disabled. About 20 percent of traditional Medicare payments currently go to providers with cost-saving...

  • SAN FRANCISCO/ WASHINGTON Jan 15- U.S. healthcare executives say Obamacare is likely here to stay, despite repeated calls from Republican lawmakers for repeal of the 2010 law aimed at providing health coverage for millions of uninsured Americans. Top executives who gathered in San Francisco this week for the annual J.P. Morgan Healthcare conference, say that...

  • U.S. uninsured healthcare rate fell in 4th qtr - Gallup Wednesday, 7 Jan 2015 | 10:18 AM ET

    Jan 7- The percentage of Americans without health insurance fell 4.2 percentage points to an average of 12.9 percent in the fourth quarter of 2014 due to the expansion of coverage through the U.S. The Affordable Care Act expanded Medicaid coverage to more people in about half the U.S. states and also introduced new coverage nationwide that is available to all...

  • Florida Medicaid reversal? Forecast is sunnier Monday, 29 Dec 2014 | 6:00 AM ET
    Florida Gov. Rick Scott

    Florida so far has rejected expanding Medicaid benefits to nearly all poor adults, but several factors could change that soon.

  • Nearly 10M move to Medicaid since Obamacare launch Friday, 19 Dec 2014 | 2:15 PM ET
    Centers for Medicare & Medicaid Services Administrator Marilyn Tavenner testifies before the House Ways and Means Committee.

    The Medicaid enrollment rate is 17 percent higher than the average monthly enrollment right before Obamacare started.

  • Obamacare's Rainbow Coalition of newly insured Tuesday, 16 Dec 2014 | 4:00 PM ET
    Heath-care applicants discuss plans available from the Affordable Care Act in Miami.

    Obamacare will shrink the gap between uninsured rates of different racial groups, but expanding Medicaid nationally would shrink the differences more.

  • 'Kickback' flak: Sanofi's caseload grows bigger Friday, 5 Dec 2014 | 4:37 PM ET
    A Sanofi lab worker packages vaccines against the flu.

    Drug giant Sanofi is juggling legal and regulatory issues surrounding three cases involving alleged payments or inducements to medical providers.

  • Lawsuit claims 'kickback' scheme at Sanofi Wednesday, 3 Dec 2014 | 3:27 PM ET
    Ousted Sanofi CEO Christopher Viehbacher

    A lawsuit accuses drug maker Sanofi and top executives, including its ousted CEO, of a million-dollar kickback scheme to promote diabetes drug sales.

  • Marijuana to wages: What's at stake this election Friday, 31 Oct 2014 | 12:27 PM ET
    David Guard verifies a customer's identity before allowing him to purchase medical marijuana at Capital City Care in Washington, D.C.

    With the midterm elections Tuesday, businesses in select states have much at stake with ballot outcomes that could impact marijuana use, minimum wages and Medicaid.

  • WellPoint beats expectations as customers grow Wednesday, 29 Oct 2014 | 10:23 AM ET

    WellPoint's profit beat expectations as the company's customer numbers grew due Medicaid growth and new subsidized individual health plans.