• Life Insurance, Medicare, CJB Insurance

    Aetna’s Rate Hike Excessive for Small Employers, Regulator Says

    Posted on June 1, 2015 by in Breaking News

    Source: Los Angeles Times For the third time since 2013, California’s managed-care regulator has criticized health insurance giant Aetna Inc. for imposing an excessive rate hike on small employers. The nation’s third-largest health insurer is raising rates by 19.2%, on average, for about 16,000 people covered by small employers. This change in premiums took effect […]

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  • Life Insurance, Medicare, CJB Insurance

    States Scramble for “Plan B” Ahead of Court Ruling on Obamacare

    Posted on May 28, 2015 by in Breaking News

    Source: The Fiscal Times With less than one month to go until the Supreme Court issues a ruling in King v. Burwell — the case that could dismantle Obamacare — some states are preparing contingency plans to avert a disaster if the court strikes down access to federally subsidized health care for their residents. If […]

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  • White House Moves to Fix 2 Key Consumer Complaints About Health Care Law

    Posted on May 27, 2015 by in Breaking News

    Source: The New York Times The White House is moving to address two of the most common consumer complaints about the sale of health insurance under the Affordable Care Act: that doctor directories are inaccurate, and that patients are hit with unexpected bills for costs not covered by insurance. Federal health officials said this week […]

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  • Life Insurance, Medicare, CJB Insurance

    5 Percent of Medicaid Patients Account for Half of Program’s Costs

    Posted on May 26, 2015 by in Breaking News

    Source: The Hill About 5 percent of Medicaid beneficiaries account for almost 50 percent of program spending, according to a new report from the nonpartisan Government Accountability Office. The report says a small number of “super-utilizers” consume much of healthcare spending. The GAO found that from 2009 to 2011, 5 percent of enrollees in Medicaid, […]

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  • Drug Pricing Concerns? Not at Gilead

    Posted on May 22, 2015 by in Breaking News

    Source: CNBC After drug pricing concerns weighed on Gilead Sciences’ stock toward the end of December, the drugmaker has kicked off 2015 the same way it did the previous two years: by increasing prices on several products. The biotech giant raised the prices of seven of its major products by as much as 9.9 percent […]

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  • Life Insurance, Medicare, CJB Insurance

    Obamacare Program Generates “Substantial” Medicare Savings

    Posted on May 21, 2015 by in Breaking News

    Source: CNBC An Obamacare program designed to hold down Medicare costs and improve patient outcomes generated more than $384 million in savings in its first two years of operation, Health and Human Services Secretary Sylvia Burwell said Monday. The savings realized from participants in Pioneer Accountable Care Organizations—groups of medical providers that coordinate patient care […]

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  • Life Insurance, Medicare, CJB Insurance

    Almost 12 Million Gained Medicaid Coverage Under ObamaCare

    Posted on May 20, 2015 by in Breaking News

    Source: The Hill More than 11.7 million more people have health insurance through Medicaid or the Children’s Health Insurance through ObamaCare, new data show. The new report from the Obama administration shows that as of the end of February, there were over 11.7 million more people enrolled in the programs compared to the period before […]

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  • Life Insurance, Medicare, CJB Insurance

    Almost Half of Obamacare Exchanges Face Financial Struggles in the Future

    Posted on May 19, 2015 by in Breaking News

    Source: The Washington Post Nearly half of the 17 insurance marketplaces set up by the states and the District under President Obama’s health law are struggling financially, presenting state officials with an unexpected and serious challenge five years after the passage of the landmark Affordable Care Act. Many of the online exchanges are wrestling with […]

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  • Senators Demand Better Oversight of State ObamaCare Spending

    Posted on May 18, 2015 by in Breaking News

    Source: The Hill Two Republican committee chairmen are pressing the Obama administration to improve its oversight of how state-run ObamaCare marketplaces use federal dollars, citing an inspector general report on potential violations of law. Sens. Orrin Hatch (R-Utah) and Chuck Grassley (R-Iowa) wrote to the head of the Centers for Medicare and Medicaid Services (CMS) […]

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  • Life Insurance, Medicare, CJB Insurance

    Illegal Immigrants Would Get Medi-Cal Under California Bill

    Posted on May 15, 2015 by in Breaking News

    Source: San Jose Mercury News The backbreaking work in California’s chili pepper fields and cherry orchards wasn’t so noticeable when farmworker Antolin Gonzalez was young. But the 49-year-old south Santa Clara County farmworker now suffers from dizziness, allergies from dust and pesticides, swollen feet and throbbing backaches — even eyesight problems from prolonged exposure to […]

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