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Analysis: Hospital investors sold on U.S. health reform despite bumps

June 19, 2013 02:31
By Susan Kelly CHICAGO (Reuters) - Shares of U.S. hospital operators have been on a tear this year, on average posting triple the gains of the broader stock market, as investors tallied up the benefits of President Barack Obama's healthcare reform. While some on Wall Street have held back amid signs of trouble as U.S. states prepare to implement the reform law, long-term investors still see more reward than risk on the horizon for hospital stocks.

GAO: Smooth and timely launch uncertain for Obama health law; administration making progress

The Canadian PressJune 19, 2013 01:01
WASHINGTON - There's no guarantee that President Barack Obama's health care law will launch smoothly and on time, congressional investigators say in the first in-depth independent look at its progress. But in a report to be released Wednesday, the congressional Government Accountability Office also sees positive signs as the Oct. 1 deadline approaches for new health insurance markets called exchanges to open in each state — in many cases over the objections of Republican governors.

Enroll America sets private outreach for Obamacare enrollment

June 18, 2013 15:34
By David Morgan WASHINGTON (Reuters) - Enroll America, a nonprofit group at the center of the political fight over President Barack Obama's healthcare reform law, launched a multi-state grassroots campaign on Tuesday to help sign up millions of uninsured Americans for health coverage in the coming months.

Report: Slowdown in US health care costs may turn into a trend, not a pause

The Canadian PressJune 18, 2013 06:01
WASHINGTON - There's good news for most companies that provide health benefits for their employees: America's slowdown in medical costs may be turning into a trend, rather than a mere pause. A report Tuesday from accounting and consulting giant PwC projects lower overall growth in medical costs for next year, even as the economy gains strength and millions of uninsured people receive coverage under President Barack Obama's health care law.

Report: Slowdown in US health care costs may turn into a trend, not a pause

The Canadian PressJune 18, 2013 01:01
WASHINGTON - There's good news for most companies that provide health benefits for their employees: America's slowdown in medical costs may be turning into a trend, rather than a mere pause. A report Tuesday from accounting and consulting giant PwC projects lower overall growth in medical costs for next year, even as the economy gains strength and millions of uninsured people receive coverage under President Barack Obama's health care law.

Outside group backing Obama airing health care reform ads this summer

The Canadian PressJune 18, 2013 00:30
WASHINGTON - An outside group supporting President Barack Obama's agenda plans to air a series of ads this summer promoting Obama's health care overhaul. Organizing for Action intends to spend at least $1 million this summer on ads to draw attention to the implementation of the health care law, including its quality of care and coverage of uninsured Americans.

Arizona lawmakers hold debate on budget, Medicaid plan that has divided state GOP leaders

The Canadian PressJune 12, 2013 20:31
PHOENIX - The Arizona Legislature was poised to pass a state budget and proposed Medicaid expansion that has divided the state's Republican leadership. Lawmakers expect to hold a final vote on the budget and health care plan Thursday morning amid opposition from conservatives who have traditionally controlled state government. The Senate advanced the proposals with little debate Wednesday evening, and the House was prepared to do the same.

New Brunswick government defends cut to medicare payments in court

The Canadian PressJune 12, 2013 05:35
FREDERICTON - New Brunswick is within its rights to cap medicare payments to doctors, a lawyer for the provincial government argued Wednesday as a legal challenge over the matter headed to court. "The province does have the ability to cap medicare payments," Rick Williams told the Court of Queen's Bench in Fredericton, disputing an assertion from the New Brunswick Medical Society that a cap breaks an agreement with its members.

CardioNet monitoring systems get insurance coverage, shares jump

June 10, 2013 20:32
(Reuters) - CardioNet Inc said its heart-monitoring solutions will receive insurance coverage from UnitedHealthcare Insurance Co from July 1, sending its shares up 31 percent in extended trade. CardioNet said the three-year agreement would apply to all of the insurer's affiliates including managed Medicare and Medicaid plans. Revenue from Medicare accounted for 37 percent of CardioNet's patient services revenue in 2012.

President Obama takes health pitch to California after rate row

June 7, 2013 12:31
By Caroline Humer and Deena Beasley (Reuters) - President Barack Obama will tell Americans they are getting a good deal out of healthcare reform during a trip to California on Friday, where an argument is raging over whether it is living up to its name as the Affordable Care Act. Support for the reform in California, the nation's most populous state, is seen as crucial to the success of Obama's signature domestic policy when millions of uninsured Americans are able to choose health plans beginning on October 1.
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