: News

Health Insurance Giant In Limbo

Play associated audio

By David Schultz

Commissioner Ralph Tyler is leaving office on Friday, but his spokesperson says he's determined to decide before then what to do with the cash reserves of health insurance giant CareFirst.

The issue at hand is whether the not-for-profit provider is holding too much cash - in which case Tyler can order it to lower premiums - or whether it doesn't have enough.

An independent audit found the latter, which might prompt Tyler to allow the company to raise premiums.

Tyler's decision could also affect CareFirst customers elsewhere in the region.

The District's insurance regulator, Gennet Purcell, is conducting a similar investigation into CareFirst's subsidiary in D.C. She's waiting for Tyler to act before she makes her decision.

But the Maryland audit also looked at D.C. and found the reserves there to be on the high end.

Whatever Tyler and Purcell decide, the stakes are high: hundreds of millions of dollars and more than three million CareFirst policy holders in D.C., Maryland and Virginia.

NPR

Not My Job: Chef Edward Lee Gets Quizzed On Dog Racing

We recorded the show in Louisville, Ky., this week — the capital of horse racing. So we've invited Lee to play a game called "It's just like horse racing, if you pretend they're tiny horses."
NPR

These Are The People Who Haul Our Food Across America

Farmers, chefs and small-batch producers get a lot of praise these days. Truckers are rarely mentioned — yet most of the food that ends up on our dinner tables depends on their labor.
NPR

Congress Faces A Crazy-Busy September

When Congress returns from summer recess Tuesday, it will tackle the Iran nuclear deal, but that won't be its only big issue. NPR's Scott Simon gets the details from correspondent Scott Horsley.
NPR

#MemeOfTheWeek: 'Stand With Rand'

NPR's Politics team will be highlighting Internet trends making waves throughout the election. This week, we're highlighting a a Rand Paul app gone wild.

Leave a Comment

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