Morning Briefing
Summaries of health policy coverage from major news organizations
Millions Dump Obamacare; Cigna Will Exit Individual Market In 2027
Millions of Americans appear to be dropping Obamacare coverage in the months since Congress failed to extend the generous subsidies that had become a defining feature of the Affordable Care Act. Initial sign-ups had already fallen by about 1.2 million people. But insurance companies, state officials and industry analysts are reporting that many more have lost Obamacare coverage now that people are facing long-term higher costs. The federal government has yet to report current enrollment data. (Abelson and Sanger-Katz, 5/1)
Cigna Group will exit the Affordable Care Act individual insurance market after 2026, affecting about 369,000 members in 11 states who must find new coverage for 2027. (Saeed, 4/30)
The hit was in line with HCA’s expectations. The hospital operator is the first of its peers to detail financial impacts from the expiration of more generous subsidies in Affordable Care Act plans. (Halleman, 4/27)
In other health industry news —
Parsley Health, a functional medicine provider, is now in-network with all major commercial insurers nationwide. The company's in-network reach spans plans covering 150 million lives, including Aetna, Cigna, UnitedHealthcare, Blue Cross Blue Shield, Humana and Centene. Eligible services covered include provider visits, diagnostic testing and prescriptions. Parsley members must pay an annual non-covered program fee of $1,500 for wraparound support. (Gliadkovskaya, 4/30)
Dozens of Twin Cities clergy members and supporters gathered outside Hennepin County Medical Center Thursday for a 24-hour prayer vigil, as they urge state lawmakers to fund the hospital. The hospital is the state’s biggest trauma center, and a major training site for the region’s doctors, but it’s facing financial struggles. (Timar-Wilcox, 4/30)
Â鶹ŮÓÅ Health News: Â鶹ŮÓÅ Health News’ ‘What The Health?’: The Peculiar Politics Of Hospitals
Republicans and Democrats on the House Ways and Means Committee had strong words for hospital CEOs about their prices at a hearing this week. But it remains unclear whether they will follow up their words with actions to force prices down. Meanwhile, in a rare bit of positive health policy news, a study of the first two years of the new 988 suicide prevention hotline shows it reduced suicides among young people, and more so in states that fielded more calls. (Rovner, 4/30)