News
Big government and big insurance win while patients lose
5+ hour, 28+ min ago (180+ words) This alliance was on full display as Rep. Frank Pallone (D-NJ), ranking member on the House Energy and Commerce Committee, publicly assured health insurance executives that rising healthcare costs were "not your fault," reinforcing a pattern of deference to the…...
Medicare spending expected to double in next decade, CBO says
1+ week, 3+ day ago (438+ words) Medicare spending is projected to double over the next decade due to rising healthcare costs and increased enrollment, according to a new analysis from the nonpartisan Congressional Budget Office." The CBO estimated in its annual Budget and Economic Outlook that…...
Health stocks tank from flat Medicare Advantage payment rate
3+ week, 4+ day ago (367+ words) Shares of several large health insurance companies tanked on Tuesday after the Trump administration proposed keeping Medicare Advantage reimbursement rates roughly the same through 2027. Stock prices for Humana and UnitedHealth Group dropped roughly 20% in early trading on Tuesday morning following…...
Healthcare isn't broken. Health insurance is
1+ mon, 1+ week ago (435+ words) Nearly half of Americans have resolved to save more money in 2026. Unfortunately, many of those New Year's resolutions are dead on arrival due to skyrocketing health insurance premiums that, starting this month, will eat up a larger share of families…...
Mark Cuban slams hospitals for inflating healthcare costs
1+ mon, 1+ week ago (413+ words) Mark Cuban, the billionaire investor behind Cost Plus Drugs, criticized hospitals for inflating healthcare costs after a report exposing UnitedHealthcare for "gaming" the Medicare system was released. Cuban called for insurance companies to divest all "noninsurance assets," arguing that it's…...
Arizona GOP plan projected to save taxpayers $1.1 billion
1+ mon, 1+ week ago (1040+ words) (The Center Square) " Republicans will introduce a state tax plan next week that's estimated to save Arizona taxpayers $1.1 billion over the next three years. The plan is designed to align with federal tax reforms made under the One Big Beautiful…...
Debate over Obamacare subsidies sidesteps key causes
1+ mon, 1+ week ago (458+ words) This focus on insurance companies only highlights this blind spot with data reinforcing the increasingly outsized role that hospitals are playing in the rising cost of healthcare in this country." The conflict over reimbursement rates between insurance companies and hospitals…...
Somali-run accounting firm with spotty record connects scrutinized Somali nonprofit groups
1+ mon, 2+ week ago (389+ words) An accounting firm sanctioned by the state of Ohio for operating without proper certifications was responsible for verifying that two Somali nonprofit organizations were responsibly stewarding taxpayer funds, public records show. When an entity spends $750,000 or more of federal grant…...
Fraud explains high Obamacare enrollment despite subsidy lapse
1+ mon, 3+ week ago (657+ words) Conservative health economists suspect that program integrity problems are the main reason why Obamacare enrollment for the 2026 plan year has remained relatively the same despite rising premiums and expiring subsidies. Federal Obamacare marketplace insurance enrollment reached 15.6 million in December, according…...
Health insurers drift leftward in campaign donations even as they seek to sway GOP
1+ mon, 3+ week ago (247+ words) Major insurance companies give strategically. Elevance, for instance, has given $25,000 to House Speaker Mike Johnson's (R-LA) joint fundraising committee. Johnson has proven to be a considerable obstacle to the interests of insurance companies, possibly explaining their desire to be in…...