: 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

'Star Wars' Editors Defy Hollywood Conventions

In a film industry often dominated by men, there's at least one exception: Many editors are women. Maryann Brandon and Mary Jo Markey speak about their work on the new Star Wars.
NPR

Florida Says Its Fruits, Vegetables Are Safe From Invasive Fruit Fly

Since September, Florida has been fighting an infestation of the Oriental fruit fly, an invasive pest that threatened more than 400 crops. The state declared the insect eradicated as of Saturday.
NPR

The Senate Battle That Looms For Scalia's Replacement

NPR's Domenico Montanaro discusses the upcoming battle on Capitol Hill on replace the late Justice Antonin Scalia on the Supreme Court.
NPR

Colonialism Comment Puts Facebook Under Scrutiny

A Facebook board member lambasted a decision by regulators in India, the social network's second-largest market. He thereby sparked new scrutiny of Facebook's intentions in that country.

Leave a Comment

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