Health Insurance News California S $12 Billion Medicaid Experiment Stretches The Definition Of Health Care

These families' health care costs will balloon if Congress doesn't act on the ACA

Millions of Americans face sharply rising costs for health care plans they bought through the Affordable Care Act marketplaces, unless Congress acts soon. Here's what's at stake for them. Read More

Union pushes for billionaire’s tax as Medicaid cuts loom

A union-backed ballot initiative could make its way to California voters that would establish a billionaires’ tax to help fund Medicaid. According to documents sent to California Attorney General Rob ... Read More

California labor union proposes ballot measure to tax billionaires to offset Medicaid cuts

SACRAMENTO — A major union announced a proposal Thursday to impose a one-time 5% tax on billionaires in California to address federal funding cuts to health care for low-income people. Related ... Read More

What to know about the impacts Medicaid cuts are having on rural health care

Medicaid cuts are being blamed for the closure of a community health center in New Hampshire’s White Mountains ... Read More

California’s Health Insurance Marketplace Braces for Chaos as Shutdown Persists

California this week plans to notify Affordable Care Act marketplace enrollees that their costs could rise sharply next year unless Congress extends subsidies to help people buy health insurance. This ... Read More

Health insurance premiums set to soar for 29,000 Sonoma, Napa Covered California enrollees as subsidies near expiration

Those residents, who purchase coverage through the state exchange, would face average premium increases of 89% in Sonoma County and 85% in Napa County if Congress fails to extend pandemic-era ... Read More

New California tax could raise $100 billion for health care

A coalition led by a major California union is pushing a new ballot initiative that would impose a one-time 5 percent tax on the state’s billionaires, aimed at filling a projected shortfall in federal ... Read More

Elevance Health’s Profits Eclipse $1.1 Billion Despite Rising Costs

Elevance Health Tuesday said third quarter net income rose to nearly $1.2 billion despite rising costs in its government-subsidized health insurance plans including Medicare Advantage. Like many of ... Read More