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Legislative roundup: DHS highlights vital role of Medicaid in supporting economy

Legislative roundup: DHS highlights vital role of Medicaid in supporting economy

Yahoo09-06-2025
Jun. 8—Pennsylvania Department of Human Services (DHS) Secretary Dr. Val Arkoosh, Pennsylvania Insurance Commissioner Michael Humphreys and Pennie Executive Director Devon Trolley this week discussed the importance of Medicaid in providing health care coverage to millions of Pennsylvanians amid proposed federal cuts to the program — which would kick more than 300,000 Pennsylvanians off their health insurance.
More than three million Pennsylvanians — or 1 in 4 people — get their health care coverage through Medicaid, also known as Medical Assistance in Pennsylvania. With this coverage, Pennsylvanians can see a doctor, fill prescriptions and access preventive services like health screenings. This coverage is vital to helping people stay healthy, take care of their families and contribute to our economy.
"All of us know someone — whether its ourselves, a friend, loved one, or a neighbor — who Medicaid has helped," Arkoosh said. "But no matter how you personally get your health care coverage, Medicaid is vital to protecting the health of your community. Congressional Republicans' proposed cuts to Medicaid would be devastating not only for those who would lose their health coverage, but for all of us who would face the real life consequences of crowded emergency departments, increases in the cost of health insurance, and the catastrophic effects on economies and health systems in rural areas."
More than 300,000 Pennsylvanians will lose access to Medicaid due to:
—New eligibility requirements.
—Increased bureaucratic paperwork because of proposed six-month re-determinations, whether eligibility is determined every six months instead of every year.
—New work reporting requirements, which will require more staff and new IT infrastructure.
The bill also proposes other federal cuts that will further destabilize our health care infrastructure and threaten the closure of hospitals, especially in our rural communities. Half of Pennsylvania's 65 hospitals serving rural communities operate at a deficit, struggling to survive, and relying significantly on Medicaid to cover the cost of providing care.
"The Congressional Republicans' bill would have devastating consequences for Pennsylvanians. From unaffordable health care costs to a higher number of uninsured individuals seeking uncompensated care through our hospital systems, this bill should concern every one of us." said Pennsylvania Insurance Commissioner Michael Humphreys.
As of today, Congressional Republicans' bill needs to pass the U.S. Senate and be signed into law. There are no changes to Medicaid.
Lawrence confirmed as Pa.'s Consumer Advocate
Attorney General Dave Sunday this week announced that the Pennsylvania Senate unanimously confirmed the nomination of Darryl Lawrence to serve as Pennsylvania's Consumer Advocate.
Lawrence has been serving as interim Consumer Advocate since Feb. 4, where he has been representing Commonwealth consumers in public utility service quality and pricing matters. Lawrence has been with the Office of Consumer Advocate since June 2005 and previously held the position of Senior Assistant Consumer Advocate for the office.
"I am pleased that the Senate has confirmed my appointment of Darryl Lawrence as Pennsylvania's Consumer Advocate, and am confident that Darryl will serve Pennsylvanians well in that capacity," Sunday said. "Darryl dedicated his career to advocating on behalf of Pennsylvanians who may not have a voice in the regulatory, judicial, and legislative processes attached to public utilities. He has proven himself as an experienced, tough, fair, and honest advocate."
The Pennsylvania Office of Consumer Advocate was established by the General Assembly in 1976 to serve as the legal representative for all utility ratepayers in the Commonwealth.
The Pennsylvania Office of Consumer Advocate is housed in the Office of Attorney General, but functions independently. The Office of Consumer Advocate has discretion and authority to intervene in litigation on its own behalf, and has actively participated in matters before the Pennsylvania Utility Commission and in state and federal courts.
Public utilities include electric, natural gas, water, wastewater, and telecom companies under either Pennsylvania Public Utility Commission or Federal Energy Regulatory Commission jurisdiction.
PUC Chairman confirmed for second term
The Pennsylvania Public Utility Commission this week thanked the State Senate for unanimously confirming the reappointment of Chairman Stephen M. DeFrank to a second term as Commissioner and expressed appreciation to Governor Josh Shapiro for submitting the nomination.
Chairman DeFrank was confirmed on June 4, by the Senate and will continue serving as chairman of the commission. His new term extends through April 1, 2030.
"I'm honored by the confidence shown by Governor Shapiro and the Senate," DeFrank said. "At a time of fast-moving change across our energy and utility systems — from rising demand and extreme weather to cyber-security and infrastructure modernization — the Commission's mission remains clear: ensuring safe, reliable, and affordable service for every Pennsylvanian."
DeFrank was sworn in immediately following his confirmation.
NIL legislation to protect student athletes to be introduced
Pennsylvania House Republican Leader Jesse Topper, R-Bedford/Fulton, and Rep. Perry Stambaugh, R-Perry/Juniata, this week announced they will soon introduce legislation to provide protections for student-athletes receiving compensation for the use their name, image and likeness (NIL).
While a case wending through federal courts will likely expand the NIL universe, no state legal structure exists. This leaves compensated student-athletes vulnerable to poor financial decisions and without recourse if they should become injured during their career.
"NIL is one of the most dynamic and evolving spaces in the national sports market that has become a life-changing positive for many student-athletes and families," Topper said. "As the NIL landscape continues to advance at the federal level, it is appropriate for state legal supplements to ensure student-athletes are protected at a vulnerable time in their lives."
"Our legislation will ensure that students have the financial education and protection available to safeguard their NIL assets while giving them the opportunity to save NIL earnings should they become injured or otherwise incapable of pursuing their athletic career."
According to the recently filed co-sponsorship memo in advance of the introduction of formal legislation, the Topper-Stambaugh NIL proposal would require institutions of higher education to offer all student-athletes the option to place a portion of their revenue sharing or NIL earnings into trust accounts. The institutions may partner with established financial firms experienced in educational trust management to minimize administrative overhead. The accounts would have the following features:
—Funds become fully accessible upon graduation or departure from the university.
—Limited hardship withdrawals permitted with appropriate oversight.
—Professional investment management with transparent reporting.
—Opt-in structure that preserves athlete autonomy while encouraging responsible financial planning.
In addition, colleges and universities would be mandated to provide financial literacy education and resources to their student-athletes.
"In the new 'Wild, Wild West' of collegiate athletics that NIL has spawned, helping protect student-athletes from financial harm or exploitation is a solid first step states should take," Stambaugh said. "As the landscape surrounding NIL evolves, Pennsylvania will be studying changes and enacting policies to ensure our colleges and universities can remain competitive."
Reach Bill O'Boyle at 570-991-6118 or on Twitter @TLBillOBoyle.
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Here's How This Forgotten Healthcare Stock Could Generate Life-Changing Returns
Here's How This Forgotten Healthcare Stock Could Generate Life-Changing Returns

Yahoo

time22 minutes ago

  • Yahoo

Here's How This Forgotten Healthcare Stock Could Generate Life-Changing Returns

Key Points CRISPR Therapeutics' first approved therapy, Casgevy, was a breakthrough. One of Casgevy's biggest achievements may be demonstrating the viability of CRISPR Therapeutics' strategy. The biotech company could soar if it can follow up that win with more clinical and regulatory milestones. 10 stocks we like better than CRISPR Therapeutics › Over the past few years, the market hasn't been kind to somewhat speculative, unprofitable stocks. CRISPR Therapeutics (NASDAQ: CRSP), a mid-cap biotech, fits that description. The company's shares are down by 24% since mid-2022. The S&P 500 is up 50% over the same period. Despite this terrible performance, there are reasons to believe that CRISPR Therapeutics could still generate life-changing returns for investors willing to be patient. Here's how the biotech could pull it off. CRISPR Therapeutics' first success CRISPR Therapeutics' first approval was for Casgevy, a treatment for sickle cell disease (SCD) and transfusion-dependent beta-thalassemia (TDT), which it developed in collaboration with Vertex Pharmaceuticals. Before Casgevy, no CRISPR-based gene-editing medicine had been approved. While it became the first, it still faces some challenges. Ex vivo gene-editing therapies require a complex manufacturing and administration process that can only be performed in authorized treatment centers (ATCs). Moreover, they're expensive. Casgevy costs $2.2 million in the U.S. Getting third-party payers on board for that is no easy feat. Still, CRISPR Therapeutics and Vertex Pharmaceuticals are making steady progress. As of the second quarter, CRISPR Therapeutics had achieved its goal of activating 75 ATCs. It had also secured reimbursement for eligible patients in 10 countries. The two companies estimate there are roughly 60,000 eligible SCD and TDT patients in the regions they have targeted. Let's say they continue to strike reimbursement deals and can count on third-party coverage for 70% of this target population (42,000 people), then go on to treat another 30% of that group in the next decade (12,600 patients). Assuming they could extend that $2.2 million price tag to those countries, Casgevy could generate more than $27.7 billion over this period. Based on its agreement with Vertex, 40% would go to CRISPR Therapeutics, or roughly $11.1 billion over a decade. That's not bad, but it's not that impressive either. So, while Casgevy could contribute meaningfully to CRISPR Therapeutics' results -- and may even reach blockbuster status at some point -- the medicine may primarily serve as a proof of concept to demonstrate that the biotech's approach can be effective. Substantial progress with its first commercialized product will help the stock price. But the company's performance will depend even more on future clinical and regulatory milestones, especially as it shows with Casgevy that it can manage the intricacies and complexities of marketing gene-editing medicines. Can the pipeline deliver? CRISPR Therapeutics has six candidates in clinical trials, which isn't bad at all for a mid-cap biotech company. One of its leading programs is CTX310, a potential therapy designed to help reduce low-density lipoprotein (LDL) cholesterol in patients with certain conditions. CTX310 is already producing encouraging clinical trial results. Additionally, it's an in vivo medicine, meaning it bypasses the need to harvest patients' cells to manufacture therapies; in vivo gene-editing treatments are easier to handle than their ex vivo counterparts. The company's path to creating life-changing returns hinges on its ability to deliver consistent clinical and regulatory wins over the next few years for CTX310 and other important candidates. 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Transcript: Rep. Jason Crow on "Face the Nation with Margaret Brennan," Aug. 17, 2025
Transcript: Rep. Jason Crow on "Face the Nation with Margaret Brennan," Aug. 17, 2025

CBS News

time25 minutes ago

  • CBS News

Transcript: Rep. Jason Crow on "Face the Nation with Margaret Brennan," Aug. 17, 2025

The following is the transcript of an interview with Democratic Rep. Jason Crow of Colorado that aired on "Face the Nation with Margaret Brennan" on Aug. 17, 2025. MARGARET BRENNAN: And we're joined now by Colorado Democratic Congressman Jason Crow. Good to see you in person. Before we start talking about Ukraine, I want to pick up on something, since you sit on the Intelligence Committee. The Secretary of State just said that lawmakers had come to the Trump administration with information that they've been granting visas to individuals with ties to Hamas, or with organizations with ties to Hamas. That's a pretty stunning accusation. Israel controls who enters and exits Gaza. The United States screens all visas. So, is there really a blind spot that you are aware of? REP. JASON CROW: I'm not aware of that. But if that's true, actually, that is concerning. That would be a problem. I mean, Hamas is a brutal terrorist organization. They should not be traveling anywhere. So, if that's happening, it should be stopped immediately. And, you know, the Intelligence Committee has a role to play in that. MARGARET BRENNAN: But the Intelligence Committee wasn't behind the information presented to the Secretary of State. SPEAKER: I have not been briefed on that. I have no information about it. MARGARET BRENNAN: Okay, on Ukraine: You know that the U.S. intelligence assessment is that the battlefield is turning in Russia's favor, despite the fact that Putin has to rely on Iran and North Korea to keep this thing going. If neither President Biden nor President Trump were ever willing to commit troops, doesn't the secretary have a point that it has to be hammered out at the negotiating table? REP. CROW: You know, this absolutely will end at a negotiating table, like most conflicts will. But what happened on Friday was a historic embarrassment for the United States. There's no other way to put it. Right? You listen to what Marco Rubio and the president have said. They keep on saying they're dedicating time. They're making it a priority. They're focusing their attention on it. In any negotiation, when you're trying to end an armed conflict, there's nothing more important than understanding what motivates your adversary. What is making Vladimir Putin tick, in this instance. Vladimir Putin does not care about the amount of time that we're nego- we're allocating to this, does not care about a B-2 bomber flyover, does not care about a lineup of F-22 fighters rolled out. He doesn't care about any of that. What Vladimir Putin cares about is basically three things. He cares about economic pressure in the form of sanctions. He cares about political, diplomatic isolation, being a pariah state. And he cares about military defeat. Those are the three things that will end this conflict if he feels pressure on all of those three fronts. And this administration continues to be unwilling to do anything to assert pressure in any of those three areas. MARGARET BRENNAN: Well, they have put in place some secondary sanctions, at least on India here, and they haven't pulled back. They need Congress to help them repeal a lot of these sanctions. But bigger picture, in hindsight, do you think the United States to date has been too hesitant to actually help Ukraine win this war? President Obama did not send offensive weapons to Ukraine. President Biden was criticized for being perhaps too slow in delivery of certain weapons. REP. CROW: There's no doubt. As you know, I was one of the members of Congress that, on a bipartisan basis, pushed really hard in the first two years of this war, under the Biden administration, to do more, to do more quicker. And I was concerned that we were doing just enough to prevent Ukraine from losing and not doing enough to help them win. And I do believe that had we done more, and we had done it faster, and that we were willing to be more aggressive in providing aid and support for Ukraine, then they would be in a different position on the battlefield today. But compare that to what this administration has done, which has relieved almost all pressure. Like look at what happened on Friday. U.S. military personnel in uniform, literally, were on their hands and knees, rolling out a red carpet for the most murderous dictator of the 21st century. Somebody who has kidnapped and is holding prisoner tens of thousands of Ukrainian children. Somebody who started this whole war, right? This both-sides-ism that the administration is engaging in, that both sides need to come to the table and negotiate. Ukraine is the victim. They are the victim. They didn't start this war. Russia did. And somehow we keep on acting like Vladimir Putin deserves to be brought out into the open like any other head of state. This is a historic embarrassment and defeat for U.S. foreign policy. MARGARET BRENNAN: You have served this country in uniform. I wonder, since you sit on the Armed Services Committee, how comfortable you would be with the United States giving this, whatever the Article Five-like security guarantee would look like. Is that something you should see boots on the ground to do? REP. CROW: I don't think boots on the ground would be the way to go. But, certainly, the United States has assets and capability that I think are essential to any type of security guarantee. I think Europe has to come forward with the forward presence of military. But we can provide intelligence. We can provide economic support, diplomatic support. One of the most important things that we can do right now is actually seize Russian assets. This would be huge. This would be a game-changing thing that put pressure on Vladimir Putin. And actually create security guarantees and reconstruction for Ukraine. There's over $150 billion of seized Russian assets, and the United States could lead a coalition to seize that money. Allocate it towards reconstruction, allocate it towards security, allocate it towards the building of a Ukrainian military that could actually resist Russia going forward. But this administration is unwilling to do it. MARGARET BRENNAN: Last administration was too, they-- REP. CROW: --That's right. MARGARET BRENNAN: They did agree to the legislation. But on the immigration front, you and your fellow Democratic lawmakers are now trying to challenge the Trump administration's policy that requires notice to be given before you visit an immigration facility. You just did visit some. What did you see, and how does that compare to the last visit? REP. CROW: Well, there's an ICE detention center in my district, in Aurora, Colorado. I have visited that center 10 times now over the last five years, six years. And oversight of federal facilities is one of the most important things that any member of Congress does. Air Force bases, military bases, VA hospitals and ICE detention centers. This administration just tripled the budget of ICE. Made it the largest federal law enforcement agency in the history of the United States. Bigger than the FBI, ATF, DEA, all others combined. And they are putting in roadblocks to prevent oversight, to prevent transparency because they were trying to hide what they are doing. That is unacceptable. So we filed a lawsuit to force them to abide by federal law that guarantees us access. MARGARET BRENNAN: And we'll see where that heads next. Jason Crow, thank you. We'll be right back.

Trump Administration Minimizes Summit Papers Left in Hotel
Trump Administration Minimizes Summit Papers Left in Hotel

New York Times

time25 minutes ago

  • New York Times

Trump Administration Minimizes Summit Papers Left in Hotel

The Trump administration this weekend downplayed a report that officials left in a public area of a hotel documents describing the confidential movements of President Trump and President Vladimir V. Putin of Russia during their meeting in Alaska on Friday. NPR reported earlier that the documents were left on a printer in the Hotel Captain Cook in downtown Anchorage, near Joint Base Elmendorf-Richardson, where Mr. Trump and Mr. Putin had their meeting about the war in Ukraine. The documents were produced by the Office of the Chief of Protocol, a position held by Monica Crowley, a former Fox News personality who served in Mr. Trump's first term. The papers were found around 9 a.m. on Friday and sent to NPR by a guest of the hotel, who was granted anonymity. They listed the sequence of events, which included a smaller meeting with Mr. Trump, Mr. Putin and their top foreign policy advisers; an expanded meeting and working lunch with several cabinet officials; a news conference; and an interview between Mr. Trump and Sean Hannity of Fox News. The documents also included a lunch menu for a three-course luncheon held 'in honor of his excellency Vladimir Putin.' Green salad, filet mignon, and halibut Olympia — a humble local favorite — were on the menu. But since the lengthy day of meetings was cut short on Friday, the expanded meeting and the working lunch were bypassed in favor of an abrupt news conference between the two leaders, who did not take questions. The White House and State Department have both derided the documents as a glorified lunch menu. 'Instead of covering the historic steps towards peace achieved at Friday's summit, NPR is trying to make a story out of a lunch menu. Ridiculous,' Tommy Pigott, a State Department spokesman, said in an email. The White House did not respond to a request for comment on Sunday, but NPR reported a day earlier that an administration spokeswoman had characterized the papers as a 'multipage lunch menu' and not a security breach. The papers included precise times and locations of each meeting, as well as the phone numbers of several administration officials. Eliot A. Cohen, a former counselor in the State Department who served in the Bush administration, said in an interview that the administration had been both 'sloppy' and 'incompetent' in leaving behind the materials. 'Above all, they don't have process,' said Mr. Cohen, who is now an analyst at the Center for Strategic and International Studies. 'A well-drilled bureaucracy doesn't do these things.' But he added that the materials did not seem high-level or reveal state or military secrets. 'My guess is the Russians already have everybody's phone numbers,' Mr. Cohen said.

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