Health Insurance Giant In Limbo | WAMU 88.5 - American University Radio

: 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

After Fan Pressure, Netflix Makes 'Daredevil' Accessible To The Blind

The series stars a blind superhero — but at first, it lacked audio descriptions for the visually impaired. Netflix has added that option, but the issue raises larger questions of online accessibility.
NPR

Late Chicago Chef Sought To Open 'A New Page In Gastronomy'

A star of molecular gastronomy, Homaro Cantu, 38, took his own life this week. Cantu owned a Michelin-starred restaurant, but he also wanted to cure world hunger and improve Americans' eating habits.
NPR

When Politicians Lose Their Accents

Some say Wisconsin Gov. Scott Walker's Midwestern accent has become less pronounced. Georgetown professor Deborah Tannen says politicians' voices often change, depending on their audience.
NPR

After Fan Pressure, Netflix Makes 'Daredevil' Accessible To The Blind

The series stars a blind superhero — but at first, it lacked audio descriptions for the visually impaired. Netflix has added that option, but the issue raises larger questions of online accessibility.

Leave a Comment

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