Insurers Request 2017 Obamacare Rate Hikes
Meanwhile, House Republicans and the Obama administration are at odds over subpoenas.
The Associated Press:
Insurance Rates Going Up: New Concerns For Obamacare
Fresh problems for "Obamacare": The largest health insurer in Texas wants to raise its rates on individual policies by an average of nearly 60 percent, a new sign that President Barack Obama's overhaul hasn't solved the problem of price spikes. Texas isn't alone. Citing financial losses under the health care law, many insurers around the country are requesting bigger premium increases for 2017. That's to account for lower-than-hoped enrollment, sicker-than-expected customers and problems with the government's financial backstop for insurance markets. (6/2)
Houston Chronicle:
Blue Cross Blue Shield Seeks 60% Rate Hikes In 2017
Blue Cross and Blue Shield of Texas, the state's largest insurer, has asked for rate hikes of nearly 60 percent for next year in three popular HMO plans, filings with federal regulators show. (Deam, 6/1)
The Hill:
Showdown Over ObamaCare Subpoenas Quickly Escalating
House Republicans and the Obama administration are clashing over subpoenas for ObamaCare documents. Republicans are upping the pressure on the administration, saying officials are withholding documents that Congress has every right to see. The administration argues that it is justified in withholding some documents, as predecessors have done, because of the executive branch's interest in protecting the confidentiality of internal deliberations. (Ferris, 6/1)
And in California —
Modern Healthcare:
Will Covered California Sell Plans To Undocumented Immigrants?
California is moving to become the first state to allow unauthorized immigrants to purchase insurance through the state exchange. The state assembly voted Tuesday to open up Covered California to immigrants living in U.S. illegally who want to purchase a health plan with their own funds.SB 10, sponsored by Democratic state Sen. Ricardo Lara from southeast Los Angeles County, would authorize the state to apply for a federal waiver to make the change. (Kutscher, 6/1)
