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1+ hour, 20+ min ago (104+ words) President Donald Trump is pushing for healthcare cost changes. He believes insurance subsidies should benefit individuals directly. This comes as enhanced Affordable Care Act tax credits are set to expire. Trump also highlighted a new website for direct prescription drug sales. He claims drug costs will decrease significantly starting next year. How Zomato and Swiggy steal the show from Devyani, Sapphire Foods With pressure rising on fiscal deficit front, should govt trim capex? Stock Radar: SBI Life Insurance stock breaks out from downward sloping trendline; time to buy? F&O Radar | Deploy Bear Put Spread in Nifty to play the down move amid volitality...
Florida families face health insurance premium spikes as ACA tax credits expire
1+ hour, 47+ min ago (292+ words) TALLAHASSEE, Fla. (WCTV/Gray Florida Capital Bureau) - Millions of Floridians are facing a health care crisis as enhanced Affordable Care Act tax credits expire in two weeks, forcing families to choose between coverage and their budgets. More Floridians rely on the Affordable Care Act marketplace for health insurance than any other state. The Census Bureau says more than 4.7 million people in the state are enrolled in marketplace plans. Since Congress didn't extend COVID-era tax credits on those plans, people like Carlos Otero in Miami are experiencing sticker shock. "This year, it came with a surprise of 900% incremental spike in my premiums, in my monthly premiums, which is already crazy," Otero said. Otero said to afford coverage, he had to switch plans. "I will need to make choices," he said. "I'm afraid I'm going to be disrupting my care, my current…...
400K people to leave Covered California as premiums are set to increase by 97%
1+ hour, 50+ min ago (489+ words) Medical providers are concerned the rising premiums will force people not to have health insurance. Amber Frias reports for the NBC4 News at 4 p.m. on Wednesday, Dec. 17, 2025. As Covered California's open enrollment period is set to end next month, California officials and medical service providers are watching whether federal lawmakers will extend enhanced premium tax credits under the Affordable Care Act, also known as Obamacare. Their hope is likely dashed after the House of Representatives Wednesday passed a health care bill that Republicans say will lower health insurance premiums but did not include an extension of the tax credits." With Thursday being the last day of the 2025 session, the House will likely not have enough time to consider a petition that aims to extend the credits before they expire. Without the extension of the tax credits, hundreds of thousands of Californians could…...
With healthcare subsidies set to expire, some monthly premiums could rise by $2,050
2+ hour, 30+ min ago (590+ words) Some of those enrolled in Obamacare health plans could see their premiums rise $24,604 per year Pandemic-era subsidies that lowered the costs of health insurance for millions of people are set to expire on December 31, 2025. If they do, then those who have bought plans through federal and state health insurance marketplaces could see their monthly premiums skyrocket as much as $2,050 per month (or $24,604 per year) in some cases, according to research firm KFF. Protecting the subsidies has become a flashpoint for consumers as they struggle with the rising costs of healthcare, and beyond. The expiring subsidies are at the heart of a raging battle in Congress, with Democrats trying to keep the enhanced subsidies and Republicans wanting to eliminate them. On Wednesday, four House Republicans - who face fraught battles in the 2026 Midterms - sided with Democrats to force a vote on the…...
Mint Quick Edit | Can fully foreign-owned insurers help India achieve universal coverage by 2047?
2+ hour, 43+ min ago (213+ words) Can India's insurance sector help mobilize more long-term capital? How much of a difference will the Centre's proposal of raising its foreign direct investment (FDI) cap to 100% from 74% make? The sector was opened up to foreign insurers via joint ventures (JVs) in 2000, but state-run LIC's dominance remains mostly intact. After the FDI cap was lifted to 74% in 2021, a few foreign insurers raised their stakes in JVs and we saw one new entry. Full ownership would mean no local partner can block key plans, so those stakes might rise further. Will new players enter? The Indian market's allure is up for another test. India's insurance coverage needs to widen, but it's a closely regulated sector. While tight controls are needed to ensure long-range commitments are met, they also limit the scope for innovation that a fresh dose of rivalry may provide....
Health insurance premiums set to increase dramatically by end of year
3+ hour, 7+ min ago (226+ words) Affordable Care Act tax credits are set to expire at the end of the month. On Thursday, lawmakers failed to come up with an alternative, killing competing proposals from Democrats and Republicans. The Mountain West is expected to face some of the highest health insurance rate increases. Brendan Buck with the non-profit healthcare watchdog group, Keep Americans Covered, observed the political debate in Congress with concern. "On average premiums are going to increase 114% " and that's just to keep the plan you already have. So families are going to be asked to pay hundreds, maybe thousands of dollars more a month," said Buck. Buck said when health insurance prices surge like this, those who absolutely need coverage will struggle to keep it. Those with fewer health issues may decide to drop coverage entirely. But, when people drop their coverage it creates…...
3+ hour, 57+ min ago (562+ words) These updates include, among others, changes that strengthen protections for policyholders in circumstances when regulated insurers become insolvent and add new insurance laws for residential leases. The Insurance Guaranty Association is intended to provide a safety net for certain individual and commercial policyholders when a regulated insurance company becomes insolvent. Several important updates were made to strengthen and modernize the scope under the Act of policy types covered, and by extension, the scope of potentially covered claims, as well as how the Association operates. Included cybersecurity coverage: The Act now recognizes "cybersecurity insurance" as a covered policy type. For purposes of the Act, it does not matter if the coverage was issued through a standalone policy or as an endorsement. Cybersecurity's inclusion ensures that first and third-party losses for cyberattacks or data breaches may be eligible for coverage protection from…...
4+ hour, 13+ min ago (130+ words) 18 Dec, 2025, 08:00 CST Strategic collaboration aims to enhance operational efficiency and mitigate risks by transitioning to a business process more aligned with regulatory requirements Bupa " A health insurance specialist Bupa is an international healthcare group dedicated to helping people live longer, healthier, happier lives and making a better world for over 70 years. We serve more than 38 million customers worldwide. With no shareholders, we reinvest our profits into enhancing healthcare for the benefit of current and future customers." Our healthcare provision arm, Quality HealthCare Medical Services (QHMS), became part of Bupa in October 2013. QHMS offers Western Medicine, Traditional Chinese Medicine, Diagnostics & Imaging, Dental, Physiotherapy, Mental Health and Wellness services via a network of over 1,650 provider service points in Hong Kong."...
Nebraska Moves First on Medicaid Work Rule
4+ hour, 23+ min ago (486+ words) By Jim Mishler "|" Wednesday, 17 December 2025 06:50 PM EST Nebraska Gov. Jim Pillen announced that his state is moving forward as the first in the nation to pursue work requirements for Medicaid expansion recipients, with implementation targeted for May 1, 2026. Pillen was joined by Centers for Medicare and Medicaid Services Administrator Dr. Mehmet Oz and Nebraska Department of Health and Human Services CEO Steve Corsi at a news conference, where the governor signed a letter to CMS outlining Nebraska's intent to adopt the requirements ahead of a federal deadline. The policy stems from HR 1, known as the One Big Beautiful Bill, which requires able-bodied adults in the Medicaid expansion population to engage in work or other qualifying activities as a condition of receiving benefits. "Working not only provides purpose," said the governor, "but helps people become active, productive members of their communities. "Nebraska…...
Medicaid health plans step up outreach efforts ahead of GOP changes
4+ hour, 30+ min ago (904+ words) By Claudia Boyd-Barrett | KFF Health News Carmen Basu, bundled in a red jacket and woolly scarf, stood outside the headquarters of her local health plan in Orange one morning after picking up free groceries. She brought her husband, teenage son, and 79-year-old mother-in-law to help. They grabbed canned food, fruit and vegetables and a grocery store gift card. Basu spotted a row of tables in the parking lot staffed by county social service workers helping people apply for food assistance and health coverage. Her mother-in-law, also a Medicaid recipient, might qualify for food assistance, she was told. "It would be less money for me that I would have to put aside," said Basu, who has been the sole breadwinner for the family from Anaheim since her husband suffered a stroke. "Maybe I can use that extra money to cover other…...