News
HUD OIG Finds VIHFA Lacks Effective Fraud Risk Management Over Nearly $2 Billion in Grants
4+ hour, 50+ min ago (640+ words) The Virgin Islands Consortium To save articles or get newsletters, alerts or recommendations " all free. HUD OIG Finds VIHFA Lacks Effective Fraud Risk Management Over Nearly $2 Billion in Grants An audit of VIHFA's fraud framework found anti-fraud efforts were unstructured…...
Trump Forces Global Price Parity as Nine Drug Giants Agree to Major Prescription Cost Reductions, Including Insulin and Cancer Drugs
3+ mon, 3+ week ago (644+ words) Trump on Friday announced what the White House described as the largest set of developments to date under his administration's push to bring prescription drug prices in the United States in line with. .. To save articles or get newsletters, alerts…...
Nursing-Care Firm Seeks EDC Benefits as CEO Bozza Plans St. Thomas Relocation and Expanded Community Work
4+ mon, 3+ week ago (583+ words) Commodore Concierge Nurse Management, a home-care nursing company that assists underserved communities, appeared before the Economic Development Commission on Tuesday seeking tax benefits as it looks. .. To save articles or get newsletters, alerts or recommendations " all free. Nursing-Care Firm Seeks…...
Virgin Islands to Study Feasibility of Self-Funded Health Insurance Amid Rising Costs and Fiscal Concerns
6+ mon, 3+ week ago (608+ words) Although government employees in the Virgin Islands will continue to be covered by a standard group health insurance plan for now, this does not mean that the self-funding option is off the table." While Ms. Joseph agrees that "there are…...
Op-Ed | Governor Bryan: Why Self-Insurance Is the Key to Controlling Healthcare Costs in the Virgin Islands
7+ mon, 3+ day ago (606+ words) Some hear the words "self-insurance" and think of risk. I hear them and think of responsibility. Responsibility to stop paying more for less. Responsibility to confront a system that drains our budgets, our choices, and our peace of mind. Responsibility…...
Uncompensated Care, Vendor Debt, and Poor Collections Push JFL Toward Crisis
7+ mon, 4+ week ago (412+ words) The Governor Juan F. Luis Hospital on St. Croix is facing a financial crisis that lawmakers fear could severely impact its ability to serve patients. Massive collections shortfalls, mounting uncompensated care, and $21. 2 million in accounts payable " some dating back over a…...
Cost of Health Insurance for Government Employees Has Risen Nearly $72 Million Since 2019
8+ mon, 1+ week ago (424+ words) OMB Director Rhymer similarly highlighted the fiscal toll, noting that average annual increases in insurance spending amount to nearly $9 million. "Such a trajectory is unsustainable," he told lawmakers. The Bryan administration has pitched self-funding as a possible solution. They argue…...
Senators Reject Bryan's Health Insurance Proposal as Board Chair Warns of "Catastrophic" Risks
8+ mon, 1+ week ago (598+ words) But Beverly Joseph, Chair of the Government Employees Service Commission (GESC) Health Insurance Board, challenged the administration's approach, asserting that the board already possesses the tools and expertise needed to explore self-funding. She took issue with Section 6 of the bill,…...
Bryan Warns Health Insurance Costs Set to Spike, Urges Shift to Self-Funded Plan
10+ mon, 3+ day ago (270+ words) Health insurance is going up, ladies and gentlemen, I'm telling you now." That was Governor Albert Bryan Jr. on Monday, signaling to government employees that the cost of a key benefit is set to rise by a lot." Insurance costs…...