Data: Commonwealth Fund; Map: Kavya Beheraj/Axios Health insurance costs ate up almost 9% of the median family income in Minnesota in 2024, according to a new analysis. Why it matters: The findings show how tough it can be to afford health care, even with insurance. Zoom in: The state-by-state breakdown of federal data by the Commonwealth Fund looked at how much people spent on…
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A coalition backed by health insurers and employers is launching a new a new effort to showcase hospital pricing as a central driver of rising health care costs, Axios has learned. Why it matters: Health care affordability is emerging as a key election-year issue, with the Trump administration and many in Congress increasingly questioning why drug prices and insurance premiums are…
Governor Michael Barr said on Tuesday another central bank interest rate cut could come somewhere well down the road.
As efforts to extend health insurance subsidies have stalled, one negotiator, Ohio Republican U.S. Sen. Bernie Moreno seemed to blame former President Barack Obama’s signature health care law, the Affordable Care Act.
David explains how episodes including the Justice Department’ s attempted prosecution of members of Congress, the political pressure on the Federal Reserve, and the campaign-style appeals delivered at Fort Bragg represent a systematic attempt to erode the guardrails of American democracy. Then, David is joined by Mona Charen, a contributor at The Bulwark…
The Arizona Republican Party’s liability insurance paid $1 million in legal fees for the GOP electors who falsely asserted that Donald Trump won the state’s 2020 electoral votes, former chair Gina Swoboda told members of the party’s executive committee, Axios has learned. Why it matters: The payouts caused sky-high rates that left the party’s directors and officers "effectively…
Tax refunds are expected to be big this year. Learn what the fastest and safest way is to get yours and how to track it.
It’s the rare policy question that unites Republican Gov. Ron DeSantis of Florida and the Democratic-led Maryland government against President Donald Trump and Gov. Gavin Newsom of California: How should health insurers use AI?
Fraud is in the news. And no one likes it or wants it. Not elected officials, legitimate service providers, or the people who use the services. The state is focused on 14 Medicaid benefits, four of which are adult mental health services:
The president has urged Federal Reserve Chair Jerome Powell to lower interest rates, arguing that cheaper borrowing could jolt a sluggish housing market. The push comes as high mortgage costs and scarce inventory strain buyers across the United States. The debate centers on whether rate cuts alone can ease a long-running affordability squeeze.
The New Mexico Senate late Tuesday passed a medical malpractice overhaul bill that has drawn widespread public interest amid a statewide doctor shortage. The bill now heads to the desk of Gov. Michelle Lujan Grisham, who has called malpractice reform one of her top priorities in her final legislative session as governor and urged the…
After enough twists and turns to fill an Agatha Christie novel HB 99 passed the New Mexico House of Representatives last night (Tuesday) and sent the (relatively) clean medical malpractice reform bill to the Gov.’s desk where she is expected to sign it. According to Dan Boyd of the Albuquerque Journal, “The bill also would […] The post Victory on medical malpractice! appeared…
2:30pm: Fed minutes show widening divide Federal Reserve policymakers are signaling that further interest rate cuts are unlikely until inflation shows clearer progress toward the central bank’s 2% target, according to minutes from the Jan. 28 Federal Open Market Committee (FOMC) meeting. The minutes show officials view the labor market as stabilizing, with rates hovering near a…
The Oklahoma legislators is considering a bill to require health insurers to pay the full allowed amount for care. That will help.
Floridians are closer to getting a heads-up anytime protected lands are potentially being unloaded by the state, after the House passed a bill that would extend notice requirements. CS/HB 441 stipulates that at least 30 days before the Acquisition and Restoration Council or the Board of Trustees of the Internal Improvement Trust Fund formally considers…
A category of insurance risk that hardly existed a little over a decade ago has morphed into a meaningful source of losses for the industry.
Medicare is the federal health insurance program for older adults and some disabled people in the U.S., with government spending reaching $1.0 trillion in 2023. MA is growing rapidly, from 25% of Medicare beneficiaries in 2010 to 54% in 2024; the Congressional Budget Office projects nearly two-thirds of Medicare beneficiaries will be in MA by 2034.
Among the 1.3 million individuals who receive care in US nursing homes, one-third receive post-acute care skilled nursing services and two-thirds receive long-term care. Long-term residents have been less of a focus in the Centers for Medicare and Medicaid Services' population-based payment models, which have primarily focused on reducing unnecessary…
Public Sector Pension Investment Board increased its stake in DiamondRock Hospitality Company (NYSE:DRH – Free Report) by 34.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 944,700 shares of the real estate investment trust’s stock after acquiring an additional 241,376 shares during the period. Public…
