Weekly News Roundup for May 20, 2024

Action Alert!

 

CalCare Debrief Zoom
Tuesday, May 21 at 6 pm 

Next steps: AB 2200, Guaranteed Health Care for All

Sponsored by California Nurses Association
Click to Register

 

 

New Code WACK! episode

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Our Healthcare System’s
Hurting Us. Why Are
Lawmakers Complicit?

 

Featuring Rebecca Wood
Healthcare Advocate

 

 

 

 

Breaking News in Healthcare Reform

 

Snippets of news & commentary with a special focus on
health policy, Medicare for All & California

 

 

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“The leaders at the helms of the country’s largest health plans took home hefty paydays last year.”

UnitedHealth Chief Andrew Witty Was 2023’s Highest-Paid Payer CEO. Here’s What His Peers Earned

Fierce Healthcare | By Paige Minemyer | May 20, 2024

 

“Very little variation in prices is explained by each hospital’s share of patients covered by Medicare or Medicaid. A larger portion of price variation is explained by hospital market power.”

Insurers Paid Hospitals 254% of What Medicare Would Pay in 2022

Healthcare Finance News | Jeff Lagasse | May 15, 2024

 

“Executives at CVS Health have said they will prioritize ‘margins over membership’ in Medicare Advantage in the coming year.”

CVS Could Lose 10% of Its Medicare Advantage Members in 2025

Becker’s Payers Issues | Rylee Wilson | May 14, 2024

 

“Despite reductions to housing and antipoverty programs, Gov. Gavin Newsom maintains Medi-Cal funding.”

Governor’s Budget Includes Painful Cuts to Housing, Homelessness and Welfare Programs

Capital & Main | Yuri Nagano | May 14, 2024

 

“…someone who becomes reliant on Medicaid for long-term care will be a state responsibility for the rest of their life.”

Experts Say Medicaid Won’t Solve America’s Long-Term Care Problem

Insurance NewsNet | Rayne Morgan | May 13, 2024

 

“Roughly 300,000 children might permanently lose their health insurance in California Governor Gavin Newsom‘s revised state budget.”

California Faces Critical Deadline as 300,000 Kids Lose Health Insurance

Newsweek | Suzanne Blake | May 13, 2024

 

“…the CEOs of HCA Healthcare, Tenet Healthcare, Universal Health Services and Community Health Systems received 2023 compensation packages ranging from $8.3 million to $21.3 million….“

Here’s What the CEOs and CFOs of Public For-Profit Health Systems Made in 2023

Fierce Healthcare | Dave Muoio | May 13, 2024

 

“Workers fed up with rising health care costs, which also eat into their wages, are filing lawsuits aiming to hold employers accountable for cutting what they say are bad deals with firms that manage their health benefits.”

Legal Battle Over Health Costs Could Change Workplace Benefits

Axios | Tina Reed | May 13, 2024

 

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