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Friday, Jul 22 2022

Full Issue

Letting ACA Tax Credits Expire Would Wreak Havoc, Insurers Warn

Along with hospital and doctors' groups, they are urging Congress to extend the subsidies before lawmakers leave Washington for their August recess, Modern Healthcare reports. Also in the news: magic mushrooms and medical device maker Hanger.

Health insurance companies, providers, and millions of policyholders would suffer significant disruptions if President Joe Biden and congressional Democrats fail to extend the enhanced subsidies that drove record enrollment on the health insurance exchanges. (Tepper and Berryman, 7/22)

Magic mushrooms are moving from the margins to the mainstream. In the past two years, at least six 鈥檚hroom dispensaries have opened in Vancouver, which recently decriminalized hard drugs and has become a key testing ground for broader policy reform. Similar鈥攁lbeit more discreet鈥攕hops are opening in US cities where mushrooms have been decriminalized, such as Oakland, Calif., and Portland, Ore. (Lhooq, 7/21)

Medical devices maker Hanger Inc (HNGR.N) said on Thursday it has agreed to be taken private by healthcare investment firm Patient Square Capital in a deal worth about $1.25 billion, sending its shares up more than 20%. (7/21)

This is part of the Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.
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