California is leading the nation when it comes to accepting the Affordable Care Act (ACA). This year, around 3.6 million people have been enrolled in the state under the ACA.
The state has reduced its uninsured rate from 17% to 11%. In fact, the state has enrolled more people than any...read more
The U.S. Pension Benefit Guaranty Corporation (PBGC) has announced $62 billion deficit compared to nearly $36 billion last year. The agency suffered deficit mainly due to poor financial condition of some large multi-employer pension plans. The pension benefit agency said that pension plans that...read more
Without any competitive bidding and supervision, California's health insurance exchange has given $184 million in contracts. The agency has also granted millions of dollars to a firm whose employees have very old ties with the agency's executive director.
According to Associated Press,...read more
Covered California, the Golden State’s health insurance exchange, has announced that it is working to fix Obamacare enrollment delays that have left thousands of people in a state of confusion over their medical coverage plans.
Peter Lee, executive director of the state health insurance...read more
Covered California, the state's online health insurance exchange, aims to enroll 500,000 new people during the second phase of open enrollment, which will start within a couple of months.
State officials are also encouraging existing 1.2 million Covered California customers to renew their...read more
A survey conducted by financial advice website Bankrate.com showed that medical debt for a quarter of Americans exceeds their emergency savings.
The website had included 1,006 adults in the study. Bankrate.com found that more than half of the people in the country are concerned that the...read more
Financial Stability Oversight Council (FSOC), United States federal government organization, has notified MetLife Inc., holding corporation for the Metropolitan Life Insurance Company, that it has been preliminarily designated as Systemically Important Financial Institution or SIFI. Insurance...read more
Millions of Americans covered under Obamacare plans could face delay in tax refunds as they will need a new income verification form. The government insurance exchange will have to deliver new forms with details of subsidy and insurance premiums for those individuals.
Some tax...read more
Internal Revenue Service (IRS) has released drafts of new forms to administer health insurance tax credits. The forms set up a final accounting to ensure that each household is getting the correct tax credit that the law provides.
However, the forms have raised a lot of concerns for...read more
California lawmakers are still struggling to help patients covered under Medi-Cal, California's version of medical insurance program called Obamacare, in finding a doctor who would see them.
Obamacare requires health insurance companies to offer a standard package of health coverage to...read more
Anthem Blue Cross and Blue Shield of California will launch online medical records for California. The comprehensive database termed as Cal Index will give quick access to medical history of nine million patients to doctors and emergency staff.
The authorities have been pushing for...read more
Standard Life has reiterated that there is still no clarity over the concerns being raised by the referendum for Scottish Independence while it announced that its first-half operating profit has jumped 12%. The Scottish company was the first to come up with contingency plans in case the vote for...read more
The overall ‘asthma epidemic’ among children has...Read More
People in huge numbers gathered in the Mount Lofty...Read More
As New Year is approaching, people have already...Read More
Alzheimer’s disease, the commonest cause of...Read More
Cases of opioid abuse have been increasing and...Read More
In an announcement made on December 22, cable giant...Read More