Articles by Caroline Humer and Yasmeen Abutaleb

Obamacare Explosion More Like a Slow Burn for Now

U.S. President Donald Trump said on Friday that Obamacare was “exploding” after Republican lawmakers shelved legislation that would have dismantled the healthcare law. That’s not going to happen this month. Probably not even this year. The more than 12 million …

Insurers, Hospitals Worry Republican Plan Makes Insurance Less Affordable

The House Republican health insurance plan suggests coverage after Obamacare will be less affordable, insurers and industry experts said on Tuesday, raising questions about whether Americans will enroll and insurance companies will enter the market. The draft legislation rolls back …

Trump Seeks Help from Insurers, Governors in Overhauling Health Insurance

President Donald Trump sought on Monday to bring the nation’s largest insurance companies on board with his plans to overhaul Obamacare, saying their help was needed to deliver a smooth transition to the Republicans’ new plan. “We must work together …

Federal Judge Halts Anthem-Cigna Merger as Harmful to Competition

A federal judge on Wednesday ruled against U.S. health insurer Anthem Inc.’s proposed $54 billion merger with smaller rival Cigna Corp., derailing an unprecedented effort to consolidate the country’s health insurance industry. The U.S. Justice Department sued in July to …

Insurers Lobby for Clarity as Republicans Move to Repeal Obamacare

The largest lobbying group for health insurers has asked U.S. lawmakers weighing the fate of Obamacare to push back the due date for 2018 individual insurance submissions to regulators in hopes of obtaining greater clarity on the program’s future later …

Health Insurers Could Go on Buying Spree If Big Mergers Blocked

The potential bust-up of two mega deals among America’s largest health insurance companies may have an unintended result – more mergers. The U.S. Department of Justice on Thursday sued to block Aetna Inc.’s $37 billion purchase of Humana Inc and …

Justice Department Has ‘Significant Concerns’ with Aetna-Humana Marriage

The U.S. Department of Justice has significant concerns about Aetna Inc’s proposed acquisition of health insurer Humana Inc., a source familiar with the situation said on Thursday, sending shares of Humana down as much as 11 percent. Aetna’s purchase of …

California Commissioner Asks National Regulators to Block Aetna-Humana Deal

California’s insurance commissioner on Thursday urged national antitrust regulators to block health insurer Aetna Inc’s proposed $34 billion acquisition of Humana Inc. David Jones, whose state Department of Insurance does not have authority to block the deal, said the acquisition …

12.7 Million Sign Up for Coverage on Health Insurance Exchanges: HHS

About 12.7 million Americans signed up for 2016 health insurance coverage through the government insurance exchanges, surpassing its expectations, U.S. Health and Human Services Secretary Sylvia Burwell said on Thursday. The government began offering subsidies for individual insurance in 2014 …

Healthcare Firms at Risk; Hackers Value Medical Records Over Credit Data

Your medical information is worth 10 times more than your credit card number on the black market. Last month, the FBI warned healthcare providers to guard against cyber attacks after one of the largest U.S. hospital operators, Community Health Systems …