Under Medicare for All, the federal government would pay doctors at rates much lower than current private sector rates, Medicare official Seema Verma says.
The Green Mountain Care Board announced a double-digit increase in the state’s small-group health insurance rate for 2020, but the board’s chair says he doesn’t expect the hikes to repeat.
Some of President Donald Trump’s most vocal critics are praising the administration’s Safe Importation Action Plan, which brings in reduced-price generic drugs to compete with high priced name-brands.
Blue Cross and Blue Shield Vermont and MVP Health Care, who together share a monopoly on the health insurance industry in Vermont, are once again asking to raise health insurance rates on Vermonters.
Officials expect the plan will cover about 90,000 people and cost $98 million in its initial year to implement, The Associated Press reported.
The average family in the U.S. pays nearly $20,000 in 2018 on insurance premiums, deductibles and out-of-pockets costs, a new report produced by OpenTheBooks.com found. At the same time, salaries for administrators and executives at hospitals were as high as $21.6 million.
Effective Jan. 1, 2020, employers will once again be able to offer HRAs for their employees to purchase individual market coverage for themselves and their families.
A range of diverse advocacy groups are lauding the latest Executive Order signed by President Donald Trump that requires hospitals to publicly disclose what patients and insurers actually pay for services in an easy-to-read and accessible format – before they receive care.
President Obama told Congress his guiding principle was competition and choice, but that simply wasn’t true. President Trump’s new rule partially fulfills Obama’s empty promise.
The Trump administration unveiled this week a final rule that will dramatically improve workers’ ability to access health insurance of their choice. The new rule will significantly expand the permitted uses of tax-advantaged health reimbursement accounts, or HRAs.
This week Gov. Phil Scott signed into law a health insurance mandate that does not include a penalty for those who don’t purchase health insurance. That’s good news for many Vermonters and health care sharing ministries.