Medi-Cal Under Threat: Who’s Covered and What Could Be Cut?
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Medi-Cal Under Threat: Who’s Covered and What Could Be Cut?

By Reading Time: 6 minutes

SACRAMENTO, Calif. — Medi-Cal, California’s complex, $174.6 billion Medicaid program, provides health insurance for nearly 15 million residents with low incomes and disabilities. The state enrolls twice as many people as New York and more than three times as many as Texas — the two states with the largest number of Medicaid participants after California.

Thought Inflation Was Bad? Health Insurance Premiums Are Rising Even Faster
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Thought Inflation Was Bad? Health Insurance Premiums Are Rising Even Faster

By Reading Time: 5 minutes

Kirk Vartan pays more than $2,000 a month for a high-deductible health insurance plan from Blue Shield on Covered California, the state’s Affordable Care Act marketplace. He could have selected a cheaper plan from a different provider, but he wanted one that includes his wife’s doctor. “It’s for the two of us, and we’re not

To Patients, Parents, and Caregivers, Proposed Medicaid Cuts Are a Personal Affront
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To Patients, Parents, and Caregivers, Proposed Medicaid Cuts Are a Personal Affront

By Reading Time: 6 minutes

TUSTIN, Calif. — Cynthia Williams is furious with U.S. House Republicans willing to slash Medicaid, the government-run insurance program for people with low incomes or disabilities. The 61-year-old Anaheim resident cares for her adult daughter, who is blind, and for her sister, a military veteran with severe post-traumatic stress disorder and other mental health conditions.

Years Later, Centene Settlements With States Still Unfinished
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Years Later, Centene Settlements With States Still Unfinished

By Reading Time: 4 minutes

Centene Plaza in St. Louis on Oct. 29, 2022. At least 20 states have settled with Centene Corp. over its pharmacy benefit manager operation that coordinated medications for Medicaid patients. (Bram Sable-Smith/KFF Health News) More than three years ago, health insurance giant Centene Corp. settled allegations that it overcharged Medicaid programs in Ohio and Mississippi

Who does Medicaid cover? How Congress’ proposed budget cuts could be felt
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Who does Medicaid cover? How Congress’ proposed budget cuts could be felt

By Reading Time: 5 minutes

A budget resolution adopted Tuesday by House Republicans could jeopardize the health insurance coverage of millions of low-income and disabled people who rely on Medicaid if lawmakers follow through with their proposed spending cuts, experts warn. The budget plan instructs the Energy and Commerce Committee, which oversees Medicaid, to identify at least $880 billion in

State Farm Slammed For Seeking Up to 38% Policy Hike Following Wildfires
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State Farm Slammed For Seeking Up to 38% Policy Hike Following Wildfires

By Reading Time: 4 minutes

State Farm has come under heavy criticism for seeking a 22 percent rate hike, with a 38 percent increase for renters, in the wake of the devastating California wildfires. “It’s not fair for State Farm to pad its bank account on the backs of homeowners who may have just lost everything,” Los Angeles advocacy group…

Trump’s Medicaid freeze, Starbucks’ vibe shift, and Costco’s DEI defense: Business news roundup
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Trump’s Medicaid freeze, Starbucks’ vibe shift, and Costco’s DEI defense: Business news roundup

ByStaff Reporter Reading Time: 3 minutes

Image: Catherine McQueen (Getty Images), kickers (Getty Images), Tayfun Coskun/Anadolu (Getty Images), Bloomberg / Contributor (Getty Images), Photo: Angela Weiss/AFP (Getty Images), James Leynse (Getty Images), Krisztian Bocsi/Bloomberg (Getty Images), David Paul Morris/Bloomberg (Getty Images), Montinique Monroe (Getty Images) Hospital hallway corridor lined with medical equipment. Image: Catherine McQueen (Getty Images) President Donald Trump’s move

Covered California Hits Record Enrollment, but Key Subsidies in Jeopardy
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Covered California Hits Record Enrollment, but Key Subsidies in Jeopardy

By Reading Time: 4 minutes

Covered California, the state’s health insurance marketplace, has hit a record 1.8 million enrollees and the number could climb higher ahead of a Jan. 31 open enrollment deadline, due in large part to enhanced subsidies that have made plans more affordable. But the state’s progress in extending health coverage to all residents could come to

6 contech firms raise combined $57M
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Q4 Results Live Updates: Infosys, Jio Financial Services to announce earnings today

ByStaff Reporter Reading Time: 1 minute

Home Market News Q4 Results Live Updates: Jio Financial Services revenue up 18%; Tata Elxsi profit falls 13% The fourth quarter earnings season is underway and as many as six important names will announce their results on Thursday, April 17. Key results to watch out include Infosys and Jio Financial Services. Apart from these, companies

Housing Safety And Affordability Are At Stake, Experts Share Ideas
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Housing Safety And Affordability Are At Stake, Experts Share Ideas

ByStaff Reporter Reading Time: 7 minutes

Average annual insurance premiums in the first half of 2023 by county show many counties already … [+] stressed by high premium prices. National Bureau of Economic Research In the midst of a wildfire roaring across southern California that is not only destroying homes but also taking lives, home insurance costs are taking on a

Trump’s Return Puts Medicaid on the Chopping Block
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Trump’s Return Puts Medicaid on the Chopping Block

By Reading Time: 6 minutes

Under President Joe Biden, enrollment in Medicaid hit a record high and the uninsured rate reached a record low. Donald Trump’s return to the White House — along with a GOP-controlled Senate and House of Representatives — is expected to change that. Republicans in Washington say they plan to use funding cuts and regulatory changes

The largest health insurance companies that control nearly 75% of the market, ranked
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The largest health insurance companies that control nearly 75% of the market, ranked

ByStaff Reporter Reading Time: 2 minutes

A general view outside the United Healthcare corporate headquarters on December 4, 2024 in Minnetonka, Minnesota. Image: Stephen Maturen / Stringer (Getty Images) Over the past few years the health insurance industry has experienced a series of major mergers and acquisitions, further consolidating power into the hands of a few dominant companies — leaving Americans

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