AARP: Price hikes doubled average drug price over 7 years

ASSOCIATED PRESS By LINDA A. JOHNSON Feb. 29, 2016 1:27 PM EST TRENTON, N.J. (AP) — The average cost for a year’s supply of a prescription drug doubled in just seven years to more than $11,000 — about three-quarters of the average annual Social Security benefit. That’s according to the latest study of price trends… Read More

Fight for Health Co-op Funds Looms

Leaders of remaining organizations warn federal effort to recoup money may come up short THE WALL STREET JOURNAL By Stephanie Armour Feb. 24, 2016 7:28 p.m. ET Leaders of some health cooperatives set up under the Affordable Care Act said it would be hard for the Obama administration to recoup more than $1 billion in… Read More

LETTER: OMNIA expanding consumer choices

DAILY RECORD 12:05 a.m. EST February 24, 2016 If there is one thing that the Summit Medical Group has learned from the millions of patients our physicians have treated over the last 85 years, it’s that they want the kind of care that helps them live well and stay well. I believe most New Jerseyans… Read More

Humana May Withdraw From Obamacare Exchanges

FORBES Bruce Japsen, Contributor Feb 10, 2016 @ 09:00 AM Humana profits fell 30% in last year’s fourth quarter with the insurer unable to manage the rising medical costs of newly insured Americans signing up for individual coverage under the Affordable Care Act, leaving its participation on public exchanges in doubt beyond this year. The… Read More

Insurers Under Pressure to Improve Margins on Health Plans

Results on Affordable Care Act worsened for many last year, after losses in 2014 THE WALL STREET JOURNAL By Anna Wilde Mathews Feb. 10, 2016 8:40 p.m. ET After most health insurers racked up financial losses on Affordable Care Act plans in 2014, many companies’ results for last year worsened, creating heavy pressure to improve… Read More

Left-Leaning Economists Question Cost of Bernie Sanders’s Plans

THE NEW YORK TIMES By JACKIE CALMES FEB. 15, 2016 WASHINGTON — With his expansive plans to increase the size and role of government, Senator Bernie Sanders has provoked a debate not only with his Democratic rival for president, Hillary Clinton, but also with liberal-leaning economists who share his goals but question his numbers and… Read More

Aetna CEO Has `Serious Concerns’ About Obamacare Sustainability

by Zachary Tracer BLOOMBERG BUSINESS February 1, 2016 — 11:19 AM EST The head of the third-biggest U.S. health insurer said he has “serious concerns” about whether or not Obamacare’s new markets are sustainable, echoing criticism from other top for-profit insurers. “We continue to have serious concerns about the sustainability of the public exchanges,” Aetna… Read More

UnitedHealth Raises Forecast for Losses on Affordable Care Act Plans

Enrollment increased despite efforts to curtail exchange sign-ups THE WALL STREET JOURNAL By Anna Wilde Mathews Updated Jan. 19, 2016 7:06 p.m. ET UnitedHealth Group Inc. said its projected losses on the Affordable Care Act exchanges for 2016 deepened as enrollment grew despite the company's efforts to reduce sign-ups. The biggest U.S. health insurer said… Read More

Obama Vetoes Bill to Repeal Health Law and End Planned Parenthood Funding

THE NEW YORK TIMES By GARDINER HARRISJAN. 8, 2016 WASHINGTON — President Obama vetoed legislation Friday that would have repealed the Affordable Care Act and stripped all federal funds from Planned Parenthood, writing in his veto message that the measure would “reverse the significant progress we have made in improving health care in America.â€? Mr…. Read More