Kansas Gov. Laura Kelly's administration will not be able to start the process of renegotiation for $4 billion in contracts for Medicaid providers until January 31, after Kelly's current term ends. The Kansas House and Senate voted Monday to override Kelly's veto of a bill that forced a three month delay of the process, granting full ownership of the process to the winner of the 2022 gubernatorial race.
ATLANTA - John W. Oxendine has been arraigned on federal charges of conspiracy to commit health care fraud and conspiracy to commit money laundering. Oxendine was indicted by a federal grand jury on May 17.
2021 was a year of good fortune for pharmaceutical companies — at least the ones on this year's Fortune 500 list. Many saw a massive surge in profits last year, led by Gilead and its mammoth 4,961% growth.
As the cost for health benefits rises in Connecticut, businesses and nonprofits are evaluating budgets to determine how much they can contribute to benefits for employees. "Consider how much the cost of health care in America degrades our competitive position – businesses and taxpayers in no other country must bear this huge cost; it puts America at a 7-10% cost disadvantage relative to other countries," Fred Carstensen, director of Connecticut Center for Economic Analysis at the University of Connecticut, told The Center Square.
A "family glitch" sounds like a minor mix-up, like missing dinner. But when talking about health insurance under the Affordable Care Act, it means a costly loophole. The glitch refers to federal rules that make it hard for relatives of people with job-based health insurance to qualify for financial help in buying more affordable coverage on government marketplaces.
A little over a year ago, President Joe Biden signed into law a massive expansion of financial aid designed to bolster the ACA and make health insurance more affordable for millions. But that early triumph is now looking more like a political time bomb.
