Health Breaking News: States, Feds Continue To Scramble On Health Exchanges, Medicaid Expansion

Wochit 0:53 mins

The Obama administration has hired a credit reporting agency to verify the incomes of people who apply for federal subsidies to buy health insurance. In Missouri Gov. Jay Nixon signed a bill that could make it more difficult to do enrollment outreach there. An analysis funded by the insurance industry predicts the new health law will add an average of 3.7 percent to premiums in Massachusetts, while in New York state officials will likely announce premiums are expected to tumble. Abbott Laboratories reported better-than-expected second-quarter earnings as strong demand for nutritional products offset lower sales of medical devices and generic prescription drugs.

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