New Health Care Cos Cater to Poor, Elderly

Venture capitalists have begun seeking opportunities in an unlikely place: health care companies that focus on low-income and senior populations through government insurance programs like Medicare and Medicaid. The trend is highlighting a change in business investment from health products that serve urban, professional populations to those that serve segments of the population that have […]

Continue Reading

Obamacare Enrollment Numbers Decrease Only Slightly Despite Massive Cuts to Advertising Budget

According to numbers released by the Centers for Medicare & Medicaid Services today, nearly 12 million people signed up for health insurance under the Affordable Care Act, or Obamacare, during the 2018 open enrollment period. That number is a slight drop off from past enrollment periods, but supporters of the law consider it successful because […]

Continue Reading

New Study Finds Repealing Obamacare Subsidies Increased Consumer Buying Power

A new study by the Robert Wood Johnson Foundation, a healthcare education and advocacy group, has found that the re-establishment of certain subsidies implemented under Obamacare but repealed by President Trump last year may actually be detrimental to premium prices next year. The study also found that Obamacare’s individual mandate was a positive for the […]

Continue Reading

Cigna to Merge with Express Scripts in $53 Billion Deal

Cigna Corporation has struck a deal to buy pharmacy benefits manager Express Scripts Holding Co today in a deal that is reportedly worth $53 billion.  The deal comes on the heels of another mega-merger – a $69 billion deal between other larger insurer Aetna and a major competitor of Express Scripts’, CVS Health Corp.  That […]

Continue Reading

Blue Cross of Idaho Sells Plans Outside of Obamacare’s Requirements

Updated 5:30 p.m. Blue Cross of Idaho announced on Wednesday that it will begin offering insurance plans in the state that do not meet Obamacare’s requirements.  The announcement comes in the wake of a controversial executive order from Governor Butch Otter that allows plans that do not meet all of the federal law’s requirements to […]

Continue Reading

According to Former Medical Director, Aetna, Nation’s Third Largest Insurer, Doesn’t Review Medical Records When Deciding Whether to Approve or Deny Coverage

California’s insurance commissioner has launched an investigation into healthcare provider Aetna after a former medical director testified under oath that he never looked at patients’ records when deciding whether to approve or deny care.  The former Aetna official said that per the company’s training, he relied on nurses who reviewed individual patients’ records and made […]

Continue Reading

85% of Voters Say Lowering Prescription Drug Prices Should be a Priority for Congress

According to a new poll released Monday, 85% of voters believe lowering drug prices should be a priority for Congress.  The poll, conducted by GS Strategy Group, shows that 85.5% of registered voters think that lowering the cost of prescription medication should be a “top priority” or an “important priority” for Congress. Only 9.6% of […]

Continue Reading

Nine States Considering Individual Mandates for Healthcare

Nine states are considering instituting their own healthcare mandates less than two months after Congress repealed Obamacare’s individual mandate as part of their tax overhaul package.  Proposals being considered in California, Connecticut, Hawaii, Maryland, Minnesota, New Jersey, Rhode Island, Vermont and Washington, as well as the District of Columbia, would require residents, by law, to […]

Continue Reading

Amazon, JPMorgan and Berkshire Hathaway Team Up to Tackle Healthcare

Amazon, JPMorgan Chase and Berkshire Hathaway are teaming up to provide better healthcare solutions for their employees, the companies said.  The goal is to provide a better healthcare option for their U.S.-based employees.  The three mega-companies will be creating a separate company to provide healthcare for employees that will be “free from profit-making incentives and […]

Continue Reading

Record Number of Generic-Drug Approvals Seen in Trump’s First Year

President Trump’s first year in office has seen a record number of generic drugs approved for sale, according to a new report from the Department of Health and Human Services.  The Food and Drug Administration approved 1,027 generic drugs in 2017.  The previous record of 800 approvals was set in 2016. The FDA has been […]

Continue Reading