CBO says sick folks in some states may never be able to get health insurance stat : USA TODAY

But she also worries about removing too many of the consumer protectionsBefore the health law passed, she says "if a doctor even looked at your knee," you might not be able to get health insurance. USA TODAYCraig Garthwaite is an associate professor and director of the health care program at Northwestern University's Kellogg School of Management. (Photo: Northwestern University)About one in six people who are sick or have suffered from chronic health conditions will pay more for health insurance that covers less under the House-passed legislation to replace the Affordable Care Act — if they're able to get insurance at all, the Congressional Budget Office concluded in a new report on the bill. The budget office estimated how many states would take the American Health Care Act's option to waive two key provisions of the ACA: The prohibition on charging people more if they have preexisting conditions and the requirement to cover "essential health benefits" including maternity and mental health care. "I'd be moving to California, Massachusetts or my home state of Connecticut," says Garthwaite, an associate professor and director of the health care program at Northwestern University's Kellogg School of Management.




Healthcare data company Vericred, which offers a platform with provider-network dataset, has raised $5.5 million in a round led by FCA Venture Partners. The company, whose centralized data platform allows individuals and business to enroll, understand and use health insurance and employee benefits, has raised nearly $10 million to date. "Vericred's centralized data platform is unique and highly scalable," FCA Venture Partners' co-managing partner Matthew King said in a statement. Vericred functions as a connector between health plans and health technology companies, enabling them build out various tech-enabled features such as price transparency tools, appointment-booking apps or enrollment and engagement platforms. "With its combination of a strong management team and great technology, Vericred is positioning itself to power health insurance and employee benefit related applications, transactions and insights across the industry."

FCA leads funding for NY health insurance data venture

The company's premise is that the massive amounts of different health insurance data points haven't been streamlined to align technology companies to help individuals and businesses better understand and use their insurance and employee benefits. Local exec joining board of three-year-old companyLocal investment firm FCA Venture Partners has led a $5.5 million Series A fundraising round for a New York City company that markets data on health insurance plans. Vericred's data includes details on plan design and rate, doctor networks and drug prices. "Vericred's centralized data platform is unique and highly scalable," said FCA Co-Managing Partner Matthew King, who has joined Vericred's board of directors. The funding round grows to nearly $10 million the capital Vericred has raised since its launch in 2014.


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