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June 28, 2013 by WVCBP
Higher Ed Budget Cuts Hurt Competitiveness of College Degrees

by Chris Nyden On Tuesday, the West Virginia Higher Education Policy Commission (HEPC) approved an increase in average tuition for West Virginia public college students from $5,687 to $6,067. These increases were partly a result of a $30 million budget cut to higher education in the FY 2014 budget. This is just the second time…

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June 27, 2013 by Sean O'Leary
County by County Unemployment Rates in the Mountain State

Below is a map of county unemployment rates for 2012 in West Virginia. Statewide, West Virginia averaged an unemployment rate of 7.3% in 2012. As the map shows, county unemployment levels ranged from just under 5% to over 12%. The county with the lowest unemployment rate was Monongalia, home of WVU, with an unemployment rate…

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June 25, 2013 by WVCBP
The Numbers Are In

Yesterday, CCRC Actuaries, the firm hired by the West Virginia Offices of the Insurance Commissioner to analyze the effect of the Affordable Care Act (ACA), released its report on the expected impact of the health insurance exchange in West Virginia.  The good news is that lots of people will spend less on health insurance and…

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June 20, 2013 by WVCBP
Who Will Qualify for Medicaid Under Expansion?

With enrollment for the new Health Insurance Marketplace just around the corner and the full implementation of the Affordable Care Act hot on its heels, I wanted to take a moment to consider who will qualify for Medicaid under expansion in West Virginia. Medicaid is a health program designed to provide comprehensive health and dental…

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June 18, 2013 by Sean O'Leary
With 3.8 Million Job Openings Last Month, Is There a Skills Gap?

Last month, the Labor Department's Job Opening and Labor Turnover Survey showed that there were 3.8 million job openings for the month of April. Groups like the U.S. Chamber of Commerce have pointed to the number of job opening as proof of a skills gap, arguing that there are not enough skilled workers to fill…

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June 17, 2013 by WVCBP
What Do Rate Hikes on Student Loans Mean for West Virginia Students?

by Christopher Nyden, Research Associate Barring another last-minute agreement, the interest rates on subsidized Stafford student loans are set to double from 3.4 percent to 6.8 percent on July 1. These loans are offered to students who depend on them to attend college. Doubling rates will significantly increase the debt burden for West Virginia college…

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June 14, 2013 by WVCBP
Everything Wrong With the Health Insurance Industry, In One Letter

Today's blog post comes to you courtesy of my new health insurance provider, thanks to a letter I received in the mail yesterday. Ever since I took my first ‘real' job at the state Bureau for Public Health several years ago, my wife and I have had our health insurance through PEIA.  Coming on as…

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June 14, 2013 by Sean O'Leary
West Virginia Leading Nation In Budget Cuts

The Spring 2013 Fiscal Survey of the States has been released by the National Association of State Budget Officers. The report is chock full of budget information for all 50 states, including spending and revenue levels, forecasts, and a Medicaid outlook. The overall takeaway from the report is that most states are starting to be…

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June 11, 2013 by WVCBP
Healthcare Reform Will Promote Small Business

Small business is often considered the foundation of local economies, which means a recent report about the Affordable Care Act may be real good news for West Virginia.  The report by the Robert Wood Johnson Foundation found that the number of self-employed people in West Virginia will rise by 13 percent, or 6,000 people, after…

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