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News Archives

Articles for category Health Care

CVS is buying Target's drug stores and clinics for nearly $2 billion.

Posted Jun 15, 2015 by    categoryGeneral News categoryHealth Care

CNNMoney (New York) -  CVS Health (CVS) and Target (TGT)announced Monday that they've made a deal for CVS to acquire Target's pharmacy and clinic businesses for $1.9 billion

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San Bernardino to slash retiree health care in bankruptcy plan

Posted May 12, 2015 by    categoryCalPERS categoryHealth Care

LOS ANGELES (Reuters) - The southern California city of San Bernardino has proposed virtually eliminating retiree health insurance costs under a bankruptcy exit plan it must produce by May 31, according to an attorney involved in negotiations with city officials.

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Long-term care reform package making its way through Legislature

Posted May 01, 2015 by    categoryCalPERS categoryRetirees categoryHealth Care categoryRetirement

Long-Term Care Reform Package Making Its Way Through Legislature

California legislators are considering a package of 24 bills this session collectively aimed at improving the state's support network for aging services and long-term care.

The bills -- 12 in the Assembly and 12 in the Senate -- deal with a variety of issues involving some of the 112 separate programs for aging and long-term care overseen by 20 different agencies and departments in the state and county governments.

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Senate overhauls doctors' Medicare payments

Posted Apr 15, 2015 by    categoryRetirees categoryHealth Care categoryLegislation categoryRetirement

Medicare is poised to overhaul the way it pays physicians and create new systems to reward high-performing doctors under legislation approved by the Senate late Tuesday.

The unusually bipartisan bill, which passed the House easily last month, will immediately lift the threat of an automatic 21% cut in Medicare fees to physicians, which was set to take effect Wednesday.

The legislation also marks a milestone in the push to modernize Medicare, the nation’s mammoth federal insurance program for the elderly, and move it away from the traditional system of paying physicians for every procedure they perform.

 

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CSR President Tim Behrens testifies against governor's proposal for a high-deductible health plan

Posted Mar 19, 2015 by    categoryCalPERS categoryRetirees categoryHealth Care categoryPolitics

California State Retirees President Tim Behrens testified at a joint informational hearing on March 18 that the governor's plan to introduce a high-deductible health plan for CalPERS members is "the wrong path to take in addressing high health care costs."

"Such plans shift costs to workers, discourage people from accessing needed health care and would divide [CalPERS] health plans into those for the young and those for the old," Behrens testified before the joint Informational hearinig of the Senate Public Employment and Retirement Committee and the Assembly Public Employees, Retirement and Social Security Committee.

 

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Cyber attack affects more than 3 million California Anthem customers

Posted Mar 10, 2015 by    categoryCalPERS categoryHealth Care

Nearly three weeks after Anthem said it suffered a massive data breach, officials have an estimated tally for the number of Californians affected: 13.5 million residents.

That total includes current and former enrollees in Anthem Blue Cross, plus other California residents covered by other members of the Blue Cross Blue Shield Association through out-of-state employers or similar arrangements, Anthem Blue Cross spokesman Darrel Ng said Tuesday.

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Anthem Blue Cross Information

Posted Feb 13, 2015 by    categoryRetirees categoryHealth Care

Here is the link to the Anthem Blue Cross information page regarding the data breach and services being provided by Anthem Blue Cross.

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Lawsuits filed over Anthem data breach

Posted Feb 09, 2015 by    categoryCalPERS categoryRetirees categoryHealth Care

Class-action lawsuits have been filed in California and two other states against health insurer Anthem over a data breach affecting about 80 million customers, former customers and employees, Modern Healthcare reports.

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Massive breach at Anthem Insurance Company

Posted Feb 05, 2015 by    categoryCalPERS categoryRetirees categoryHealth Care

 As many as 80 million customers of the nation's second-largest health insurance company, Anthem Inc., have had their account information stolen, the company said in a statement.

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Governor's health proposal could hurt retirees

Posted Feb 05, 2015 by    categoryCalPERS categoryRetirees categoryHealth Care

If you’re a state retiree or planning to become one, a piece of Gov. Jerry Brown’s 2015-16 budget proposal could hit your wallet.

The governor’s plan envisions a new high-deductible, lower-premium health insurance policy for state workers. It would be paired with a tax-advantaged health savings account and take effect Jan. 1, 2016.

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