D.C. Gov't Decision Could Alter City's Health Insurance Market | WAMU 88.5 - American University Radio

: News

Filed Under:

D.C. Gov't Decision Could Alter City's Health Insurance Market

Play associated audio

By David Schultz

This is a pivotal week for Care First, D.C.'s largest health care provider. Mayor Adrian Fenty's insurance regulator, Gennet Purcell, will determine whether Care First's financial reserves are excessive. If they are, Purcell can order Care First to give a portion of those reserves, up to $300 million, to the D.C. government.

The local activist group D.C. Appleseed argues Care First has too much cash on hand and, as a regulated non-profit company, it should be investing that cash into the community. Care First disagrees. It says its reserves are necessary to handle an unplanned spike in the number of claims.

Purcell hired an independent auditor to verify this. She's scheduled to announce her final decision later this week.

NPR

Mega-Rich Invest In Works By Living Artists

Renee Montagne talks to art sociologist and writer Sarah Thornton about how the habits of the 1 percent reverberate across the art world. She is the author of 33 Artists in 3 Acts.
WAMU 88.5

This Week On Metro Connection: Down The Hatch (Rebroadcast)

We'll celebrate Thanksgiving by revisiting our annual show about food, glorious food.
NPR

Pentagon Expected To Release More Detainees From Guantanamo

Since the midterm elections, there has been a new batch of transfers from Guantanamo Bay, Cuba, and more releases are in the works. But a new GOP Congress could stall the drive to empty Guantanamo.
NPR

Millennial Doctors May Be More Tech-Savvy, But Is That Better?

Text messages from your doctor are just the start. Millennials are the next generation of doctors and they're not afraid to say "chillax" in a consultation or check Twitter to find medical research.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.