Top California insurance News
Thought Inflation Was Bad? Health Insurance Premiums Are Rising Even Faster
Kirk Vartan pays more than $2,000 a month for a high-deductible health insurance plan from Blue Shield on Covered California, the state’s Affordable Care Act marketplace. He could have selected a cheaper plan from a different provider, but he wanted one that includes his wife’s doctor. “It’s for the two of us, and we’re not
The California crisis in homeowners insurance has only one real solution
Commentary homeowners insurance BY Josh Hoffman and Kevin Katari Josh Hoffman is the former founder and CEO of synthetic-biology company Zymergen. Kevin Katari is the co-CEO of software company Outpace Systems. Wildfires near Sunset Boulevard in Los Angeles in January. getty
To Patients, Parents, and Caregivers, Proposed Medicaid Cuts Are a Personal Affront
TUSTIN, Calif. — Cynthia Williams is furious with U.S. House Republicans willing to slash Medicaid, the government-run insurance program for people with low incomes or disabilities. The 61-year-old Anaheim resident cares for her adult daughter, who is blind, and for her sister, a military veteran with severe post-traumatic stress disorder and other mental health conditions.
Years Later, Centene Settlements With States Still Unfinished
Centene Plaza in St. Louis on Oct. 29, 2022. At least 20 states have settled with Centene Corp. over its pharmacy benefit manager operation that coordinated medications for Medicaid patients. (Bram Sable-Smith/KFF Health News) More than three years ago, health insurance giant Centene Corp. settled allegations that it overcharged Medicaid programs in Ohio and Mississippi
Who does Medicaid cover? How Congress’ proposed budget cuts could be felt
A budget resolution adopted Tuesday by House Republicans could jeopardize the health insurance coverage of millions of low-income and disabled people who rely on Medicaid if lawmakers follow through with their proposed spending cuts, experts warn. The budget plan instructs the Energy and Commerce Committee, which oversees Medicaid, to identify at least $880 billion in
Republicans Are Eyeing Cuts to Medicaid. What’s Medicaid, Again?
In January, during a congressional hearing on his way to becoming secretary of the Department of Health and Human Services, Robert F. Kennedy Jr. got basic details wrong about Medicaid — a program he now oversees. He said that Medicaid is fully funded by the federal government (it’s not) and that many enrollees are unsatisfied
California insurance commissioner rejects State Farm’s request for 22% rate increase
On Friday, California insurance commissioner Ricardo Lara rejected State Farm’s request for “emergency” rate increases, going against the recommendation of his staff experts. The request from State Farm involved insurance rate increases that would have gone into effect on May…
State Farm Slammed For Seeking Up to 38% Policy Hike Following Wildfires
State Farm has come under heavy criticism for seeking a 22 percent rate hike, with a 38 percent increase for renters, in the wake of the devastating California wildfires. “It’s not fair for State Farm to pad its bank account…
Trump’s Medicaid freeze, Starbucks’ vibe shift, and Costco’s DEI defense: Business news roundup
Image: Catherine McQueen (Getty Images), kickers (Getty Images), Tayfun Coskun/Anadolu (Getty Images), Bloomberg / Contributor (Getty Images), Photo: Angela Weiss/AFP (Getty Images), James Leynse (Getty Images), Krisztian Bocsi/Bloomberg (Getty Images), David Paul Morris/Bloomberg (Getty Images), Montinique Monroe (Getty Images) Hospital hallway corridor lined with medical equipment. Image: Catherine McQueen (Getty Images) President Donald Trump’s move
Covered California Hits Record Enrollment, but Key Subsidies in Jeopardy
Covered California, the state’s health insurance marketplace, has hit a record 1.8 million enrollees and the number could climb higher ahead of a Jan. 31 open enrollment deadline, due in large part to enhanced subsidies that have made plans more affordable. But the state’s progress in extending health coverage to all residents could come to
6 contech firms raise combined $57M
This audio is auto-generated. Please let us know if you have feedback. Firms that help builders get materials, remain compliant and communicate on the jobsite were the recipients of recent venture capital funding. Artificial intelligence, in particular, remains a point of interest for contractors as they seek to leverage the technology to gain a competitive
Housing Safety And Affordability Are At Stake, Experts Share Ideas
Average annual insurance premiums in the first half of 2023 by county show many counties already … [+] stressed by high premium prices. National Bureau of Economic Research In the midst of a wildfire roaring across southern California that is not only destroying homes but also taking lives, home insurance costs are taking on a
Trump’s Return Puts Medicaid on the Chopping Block
Under President Joe Biden, enrollment in Medicaid hit a record high and the uninsured rate reached a record low. Donald Trump’s return to the White House — along with a GOP-controlled Senate and House of Representatives — is expected to change that. Republicans in Washington say they plan to use funding cuts and regulatory changes
The largest health insurance companies that control nearly 75% of the market, ranked
A general view outside the United Healthcare corporate headquarters on December 4, 2024 in Minnetonka, Minnesota. Image: Stephen Maturen / Stringer (Getty Images) Over the past few years the health insurance industry has experienced a series of major mergers and acquisitions, further consolidating power into the hands of a few dominant companies — leaving Americans
Understanding the Importance of Project-Specific Pollution Liability Insurance
Library Pollution Liability Insurance: Cleaning Up Gaps in Environmental Coverage Last Updated May 21, 2024 By Melody Bell Melody Bell Director of Underwriting Melody Bell is Director of Underwriting at Procore. Previously, she spent 15 years as Director and Vice President for managing general agents in the U.S. and London, with a focus on construction