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Health Insurance

All articles tagged with #health insurance

Disney Bets on Ownership: New Employee Stock Purchase Plan Amid Health-Plan Shakeup
business4 days ago

Disney Bets on Ownership: New Employee Stock Purchase Plan Amid Health-Plan Shakeup

Disney plans to roll out an Employee Stock Purchase Plan in 2027 (pending approvals) to boost employee ownership and retention, amid changes to most medical plans that require active re-enrollment next year and rising healthcare costs. The company has also cut some stock-based incentives after layoffs, and experts say ESPPs can enhance commitment when stock performance is flat, though benefits depend on stock prospects and tax considerations.

Costco Expands into Medicare with SCAN Partnership
business6 days ago

Costco Expands into Medicare with SCAN Partnership

Costco is partnering with SCAN Group to offer private Medicare plans in a limited number of states, including jointly branded Medicare Advantage plans in two states and a Medicare Supplement plan in a third, subject to regulatory approval. The plans may include pharmacy, vision, hearing and OTC benefits and would be marketed at Costco locations via SCAN’s sales team and brokers. SCAN operates in AZ, CA, NV, NM, TX and WA with about 460,000 enrollees. The move aims to simplify benefits and leverage Costco’s senior-friendly reputation, but Medicare Advantage plans can face scrutiny over prior authorization. Open enrollment runs Oct. 15–Dec. 7.”,

Humana Exits 600,000 Medicare Advantage Members Ahead of 2027
personal-finance10 days ago

Humana Exits 600,000 Medicare Advantage Members Ahead of 2027

Humana says it will terminate plans covering about 600,000 Medicare Advantage members in 2027 (roughly 8% of its MA base), with disenrollment letters going out in September 2026. The exit triggers a 63-day guaranteed-issue Medigap window (Plan G commonly) to buy coverage without health underwriting, plus ongoing enrollment options during AEP and a special enrollment period. Members should confirm their disenrollment date, secure Medigap quotes within the window, and compare Original Medicare plus a Medigap plan vs staying with another MA plan, as costs can vary widely.

Tyson shuts Joslin beef plant, 2,700 workers lose jobs
business11 days ago

Tyson shuts Joslin beef plant, 2,700 workers lose jobs

Tyson Foods is permanently closing its Joslin, Illinois beef processing plant, affecting about 2,700 workers who’ll be paid through October but will lose health insurance and steady employment as the facility shutters, with management citing market-driven losses and high livestock costs; state and local officials are offering support and resources to displaced workers.

Rising health costs push US employers toward employee-purchased plans via HRAs
business12 days ago

Rising health costs push US employers toward employee-purchased plans via HRAs

With health-plan prices rising at the fastest pace in 15 years, more US employers are dropping traditional group-health coverage in favor of Health Reimbursement Arrangements (HRAs/ICHRA). In 2026, over 20,000 companies adopted HRAs, a 53% jump from 2025, giving workers stipends to buy their own plans on ACA marketplaces or other exchanges. HRAs shift cost and decision-making to employees, who face higher deductibles and varying network access, while ACA premiums also rose about 20% after subsidy terms changed.

Mangione murder trial to use anonymous jury and overflow courtroom for media
crime13 days ago

Mangione murder trial to use anonymous jury and overflow courtroom for media

A New York judge ruled that the jurors in Luigi Mangione’s murder trial will remain anonymous to protect their identities, and an overflow courtroom will be provided for press and public access as the trial—over Mangione’s charges related to the December 2024 killing of UnitedHealthcare CEO Brian Thompson—prepares to begin with jury selection on September 8.

Midwest ACA premiums set to rise again in 2027 for Missouri and Kansas
health19 days ago

Midwest ACA premiums set to rise again in 2027 for Missouri and Kansas

Missouri and Kansas carriers seeking ACA marketplace rate hikes for 2027 range from about 10% to 35% with double-digit increases across the board. UnitedHealthcare in Kansas is requesting roughly 30%–36%, driven by higher healthcare costs, increased claims, deductible dynamics, new technology, and a shrinking pool of healthier enrollees after subsidies expired. Regulators are reviewing the filings and accepting public comments (Missouri deadline Aug. 31; final rates due by Oct. 31). If approved, two-year premium growth could exceed one-third for marketplace plans, echoing broader national trends (median about 15%).

Bethesda Montreal layoffs spark legal challenge over minimal severance and cut benefits
business1 month ago

Bethesda Montreal layoffs spark legal challenge over minimal severance and cut benefits

Following Fallout 5 and other announcements, Bethesda Montreal employees were told they’d receive the smallest severance legally possible without bargaining with the union and would immediately lose their group health insurance; dozens of US and Canadian staff were laid off, with Canadian workers receiving termination letters by July 17, prompting OneBGS to file a complaint alleging Canadian labor-law violations.

Health insurance tether: a quarter of Americans stay in jobs to keep coverage
health-care1 month ago

Health insurance tether: a quarter of Americans stay in jobs to keep coverage

A West Health–Gallup survey finds 24% of American workers feel “job-locked”—staying in their current jobs mainly to retain employer-sponsored health insurance, up 8 points since 2021. The burden is higher for people with medical debt, financial strain from healthcare costs, chronic conditions, and women. As of March 2025, about 60% of people under 65 have employer coverage; premiums averaged $1,440 for single and $6,850 for a family. With pandemic-era subsidies expired, ACA marketplace premiums rose, and a median 2027 increase around 14% is anticipated, which may push more people to remain with job-based plans, underscoring policy challenges around affordable care and labor mobility.

healthcare1 month ago

New York’s health-plan overhaul leaves half a million scrambling for costly coverage

New York’s July 1 policy change ended Essential Plan eligibility for residents earning more than 200% of the federal poverty line, leaving about 450,000 former enrollees to find new coverage; roughly half have moved to pricier marketplace plans (with premiums around $800 a month), and about 225,000 could become uninsured. A special enrollment period through Aug. 30 aims to smooth transitions amid broader federal health-policy shifts under the 2025 law.

California health-insurance costs near $30k for families in 2027
business1 month ago

California health-insurance costs near $30k for families in 2027

PwC’s survey forecasts about a 9% rise in California employer health-insurance premiums in 2027, pushing the average family premium past $30,000 as hospital and drug costs climb and a new Medi‑Cal tax adds to the bill. Employers are shifting costs to workers with higher deductibles and co-pays, potentially slowing wages and hiring, raising prices, and squeezing small businesses and consumers across the state.

Waffle House Hit With $5M Tobacco-Surcharge Class Action
business1 month ago

Waffle House Hit With $5M Tobacco-Surcharge Class Action

A former Waffle House server in Georgia filed a proposed class-action alleging the chain illegally charged tobacco-using employees an extra $92 per month for health insurance, in what plaintiffs say violates ERISA. The suit says workers could avoid the fee only if they joined a smoking-cessation program (Quit for Life), but the company allegedly failed to clearly disclose this option and kept surcharge proceeds instead of applying them to the health plan. The lawsuit seeks more than $5 million in damages for employees nationwide who paid the surcharge in the past six years.

The steep price tag of US motherhood
world3 months ago

The steep price tag of US motherhood

Al Jazeera details why motherhood in the United States carries an unusually steep price: even with insurance, childbirth bills can run into thousands and vary greatly by in-network vs out-of-network providers (median in-network vaginal birth about $15,178 and C-section about $19,292; out-of-network can exceed $44,000), Medicaid covers only part of the picture, and high NICU and postnatal costs compound debt. The US also lacks federally guaranteed paid maternity leave and faces some of the highest childcare costs among wealthy nations, all while racial disparities in maternal mortality persist. Personal stories illustrate the financial and emotional toll, contrasting US costs with more generous policies abroad.