Health Insurers Seeking Mergers While Awaiting Supreme Court ACA Ruling

Health Insurers Seeking Mergers While Awaiting Supreme Court ACA Ruling

At first, opponents of the Affordable Care Act (ACA) claimed it would ruin the insurance industry and result in exorbitant health insurance premiums. Instead, one thing that is happening is a large consolidation of health insurers. This surge of health insurers seeking mergers can be interpreted different ways, but clearly the pieces are moving on […]

California Exchange Caps Copays for Pricey Drugs

California Exchange Caps Copays for Pricey Drugs

Prices for specialty drugs keep skyrocketing. Some of the newer ones for chronic conditions, like hepatitis C, multiple sclerosis, rheumatoid arthritis and HIV, can cost over $10,000 per coarse of treatment. For those in individual medical plans with a 30 percent copayment (copay), that means spending $3,000 themselves after the insurance pays its part to […]

Affordable Care Resulted in 13 Percent Drug Spending Boost

Affordable Care Resulted in 13 Percent Drug Spending Boost

Proponents of the Affordable Care Act (ACA aka Obamacare) love to point out that more than 15 million people picked up health insurance coverage because of the legislation. Some took advantage of tax credits to help afford their premiums, others took the penalty threats seriously, but others received coverage because many states expanded eligibility for […]