Feb 7, 2019

CMS is skirting the rules on Medicaid waivers

The Trump administration is approving Medicaid work requirements but isn't requiring states to assess the impacts of those policies on their programs, the Los Angeles Times' Noam Levey reports. That appears to violate Obama-era rules that govern the program.

The big picture: Of the 17 states that have sought federal permission to add work requirements to their Medicaid programs, 9 have not included estimates of how many people would lose their coverage as a result.

  • And in the 8 states where work requirements have already been approved, none has a plan in place to track whether Medicaid recipients find jobs, per the L.A. Times — even though that's the stated goal of this entire endeavor.
  • That would seem to contravene 2012 rules that said waiver requests like these need to include "an estimate of the expected increase or decrease in annual enrollment," though the federal Centers for Medicare & Medicaid Services told the LAT that no such rules apply.

Quick take: This could complicate the Trump administration's job as it defends work requirements in court, where it has to show that the new restrictions are consistent with Medicaid's goals as a health care program.

Go deeper: States are using Medicaid to target social needs

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Bob Iger to step down as CEO of Disney

Photo: Jeff Kravitz/FilmMagic

The Walt Disney Company said Tuesday that it had named longtime Disney executive Bob Chapek as CEO Bob Iger's successor, effectively immediately. Iger will remain executive chairman of the company through 2021.

Why it matters: Iger is credited with having successfully turned around Disney’s animation and studio businesses and with the strategic acquisition of Marvel, Pixar, Lucasfilm and 21st Century Fox. Most recently, he was the person behind Disney's successful launch of its Netflix rival Disney+.

India gives Trump warm welcome as brutal protests rip New Delhi apart

People supporting India's new citizenship law beat a Muslim man in New Delhi, India. Photo: Danish Siddiqui/TPX/Reuters

While President Trump enjoys a hero's welcome in India, that nation's capital is being torn apart by violent protests between Hindus and Muslims.

The state of play: At least 186 people — 56 police officers and 130 protesters — have been injured and 10 killed in recent clashes, a New Delhi police spokesperson told the AP.

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Wall Street sees 2nd day of brutal sell-off

Photo: Johannes Eisele/AF via Getty Images

The stock market fell another 3% on Tuesday, following Monday’s sell-off. Bond yields touched record lows.

The big picture: Stocks continued to fall as the CDC said it expects the coronavirus to spread in the U.S. The Dow and S&P are more than 7% below the record highs seen earlier this month.