Latest Insurance industry regulation News

FILE - In this July 10, 2018, file photo bottles of medicine ride on a belt at a mail-in pharmacy warehouse in Florence, N.J. President-elect Joe Biden is unlikely to get sweeping health care changes through a closely divided Congress, but there’s a menu of narrower actions he can choose from to make a tangible difference in affordability and coverage for millions of people. (AP Photo/Julio Cortez, File)

Biden has room on health care, though limited by Congress

Nov. 13, 2020 5:54 AM EST

WASHINGTON (AP) — President-elect Joe Biden is unlikely to get sweeping health care changes through a closely divided Congress, but there’s a menu of narrower actions he can choose from to make a tangible difference on affordability and coverage for millions of people. With the balance of power in...

President-elect Joe Biden speaks Tuesday, Nov. 10, 2020, at The Queen theater in Wilmington, Del. (AP Photo/Carolyn Kaster)

Biden vows to 'get right to work' despite Trump resistance

Nov. 10, 2020 4:52 PM EST

WILMINGTON, Del. (AP) — Vowing “to get right to work,” President-elect Joe Biden on Tuesday shrugged off President Donald Trump's fierce refusal to accept the election outcome as “inconsequential,” even as Democrats elsewhere warned that the Republican president's actions were...

A demonstrator holds a sign in front of the U.S. Supreme Court as arguments are heard about the Affordable Care Act, Tuesday, Nov. 10, 2020, in Washington. (AP Photo/Alex Brandon)

'Obamacare' likely to survive, high court arguments indicate

Nov. 10, 2020 3:53 PM EST

WASHINGTON (AP) — A more conservative Supreme Court appears unwilling to do what Republicans have long desired: kill off the Affordable Care Act, including its key protections for pre-existing health conditions and subsidized insurance premiums that affect tens of millions of Americans. Meeting remotely a...

President-elect Joe Biden listens during a meeting with his COVID-19 advisory council, Monday, Nov. 9, 2020, at The Queen theater in Wilmington, Del. (AP Photo/Carolyn Kaster)

The Latest: International observers see no fraud in US vote

Nov. 9, 2020 9:12 PM EST

WASHINGTON (AP) — The Latest on President-elect Joe Biden (all times local): 9 p.m. International observers from the Organization of American States say they saw no instances of fraud or voting irregularities in the U.S. presidential election. The delegation included 28 experts and observers from 13...

Medicare's 'Part B' outpatient premium to rise by $3.90

Nov. 7, 2020 5:51 PM EST

WASHINGTON (AP) — Medicare's ‘Part B’ monthly premium for outpatient care will go up by $3.90 next year to $148.50, officials announced late Friday afternoon. For most retirees, the health care cost increase will claim a significant slice of their Social Security cost-of-living adjustment,...

Democratic presidential candidate former Vice President Joe Biden speaks Friday, Nov. 6, 2020, in Wilmington, Del. (AP Photo/Carolyn Kaster)

Biden looks to restore, expand Obama administration policies

Nov. 7, 2020 2:08 PM EST

Stop and reverse. Restore and expand. Joe Biden is promising to take the country on a very different path from what it has seen over the past four years under President Donald Trump, on issues ranging from the coronavirus and health care to the environment, education and more. The Democratic president-elect is...

The Supreme Court in Washington on the day after the election, Wednesday, Nov. 4, 2020. (AP Photo/J. Scott Applewhite)

Without Ginsburg, high court support for health law in doubt

Nov. 7, 2020 7:28 AM EST

WASHINGTON (AP) — Until six weeks ago, defenders of the Affordable Care Act could take comfort in some simple math. Five Supreme Court justices who had twice preserved the Obama-era health care law remained on the bench and seemed unlikely votes to dismantle it. But Justice Ruth Bader Ginsburg's death in...

FILE - In this Aug. 20, 2020, file photo travelers request an Uber ride at Los Angeles International Airport's LAX-it pick up terminal. A California ballot measure that would exempt Uber, Lyft and other app-based delivery drivers from being classified as company employees eligible for benefits and job protections led Tuesday, Nov. 3, 2020, in early vote counts. (AP Photo/Damian Dovarganes, File)

Uber, Lyft spend big, win in California vote about drivers

Nov. 4, 2020 7:22 AM EST

LOS ANGELES (AP) — Uber, Lyft and other app-based ride-hailing and delivery services spent $200 million in a winning bet to circumvent California lawmakers and the courts to preserve their business model by keeping drivers from becoming employees eligible for benefits and job protections. The titans of the...

In this Friday, Oct. 23, 2020 photo, the figure of Ant Group's mascot is displayed at the Ant Group office in Hong Kong. China's Ant Group will try to raise nearly $35 billion in its initial public offering in Shanghai and Hong Kong, which would make it the largest share offering in history. Alibaba-affiliated Ant Group, which operates a suite of financial products including the widely-used Alipay digital wallet in China and one of the world's largest money market funds, will hold dual listings in Shanghai and Hong Kong. (AP Photo/Kin Cheung)

Market debut of Chinese e-finance giant Ant Group postponed

Nov. 3, 2020 4:48 PM EST

HONG KONG (AP) — The planned stock market debut of the world's biggest online finance company, Ant Group, was suspended in Shanghai and Hong Kong on Tuesday, disrupting a record-setting $34.5 billion initial public offering that highlighted China's recovery from the coronavirus pandemic. The Shanghai stock...

Democratic presidential candidate former Vice President Joe Biden arrives to speak at a rally at Belle Isle Casino in Detroit, Mich., Saturday, Oct. 31, 2020, which former President Barack Obama also attended. (AP Photo/Andrew Harnik)

Biden looks to restore, expand Obama administration policies

Nov. 2, 2020 12:07 AM EST

Stop and reverse. Restore and expand. Joe Biden is promising to take the country on a very different path from what it has seen over the past four years under President Donald Trump, on issues ranging from the coronavirus and health care to the environment, education and more. The Democratic presidential nominee...