Health Headlines for Wednesday, June 7
NY criticized for keeping proposed 2018 health insurance rate hikes under wraps
Syracuse Post Standard
The insurance industry says New York is leaving consumers in the dark by not releasing details of proposed 2018 health insurance rate increases health plans submitted to the state two weeks ago.
Blues seek 48.8 percent hike for individual plans on state exchange
Buffalo News
Those who buy health plans through New York State’s insurance marketplace will face extremes next time they shop – steep double-digit increases next year in some cases and modest price changes in others.
Anthem Will Exit Health Insurance Exchange in Ohio
New York Times
Anthem, one of the nation’s largest insurers and a major player in the individual insurance market created by the federal health care law, announced Tuesday that it would stop offering policies in the Ohio marketplace next year.
Albany drug developer to be acquired by private equity firms
Albany Business Review
Drug developer Albany Molecular Research Inc. has agreed to be purchased by affiliates of The Carlyle Group of Washington, D.C., and Chicago private equity firm GTCR LLC.
Obamacare Didn’t Destroy Insurance Markets, but It Also Didn’t Fix Them
New York Times
Most Americans get health insurance from a job or government program, but about 8 percent, or some 22 million people, now buy individual policies under the Affordable Care Act. Insurers began offering these plans in 2014.
Selling Doctors on Cutting Drug Costs
New York Times
As a drug salesman, Mike Courtney worked hard to make health care expensive.