medical insurance – The News Desk

How Lowering Price of Common Asthma Drug Made It Harder to Get

29Dec

By adminNo Comments

World

How Lowering Price of Common Asthma Drug Made It Harder to Get

To avoid Medicaid penalties, Glaxo and other drugmakers lowered prices. For popular asthma drug Flovent HFA, the tactic to replace it with a generic backfired.

18Dec

By adminNo Comments

Health

DeSantis Is Right About Medicaid

North Carolina has become the 40th state to succumb to federal cash and adopt ObamaCare’s Medicaid expansion for able-bodied working-age adults. A new study from the Paragon Health Institute shows there is little to celebrate. Overall health is unlikely to improve despite this massive increase in public welfare. We now have 10 years of data on ObamaCare’s Medicaid expansion. The evidence against the policy is overwhelming: Expansion leads to a surge in spending but reduces healthcare access for traditional Medicaid enrollees such as low-income children and people with disabilities. And it doesn’t improve health.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

18Dec

By adminNo Comments

Health

Biden’s Drug-Price Boomerang – WSJ

President Biden keeps trying to persuade Americans his policies are helping them, but voters aren’t buying it. The latest example is the Inflation Reduction Act’s (IRA) Medicare drug rebates, which are raising the cost of medicines. The White House on Thursday proclaimed that the IRA’s drug rebates are already saving seniors money: “President Biden’s prescription drug law cracks down on price gouging from Big Pharma.”Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

How to Make the Most of Your FSA Money Before It Disappears

17Dec

By adminNo Comments

World

How to Make the Most of Your FSA Money Before It Disappears

The flexible-spending account, or FSA, is one of two common ways of paying for healthcare expenses tax-free. With an FSA, employees can deduct a certain amount of money from their paychecks each year—the maximum was $3,050 in 2023—to cover expenses not paid by their insurance such as doctor and prescription copays. The FSA is often confused with the second type of account with a similar acronym called a health-savings account, or HSA, which is available only to people with high-deductible health insurance plans. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

17Dec

By adminNo Comments

Money

How to Make the Most of Your FSA Money Before It Disappears

The flexible-spending account, or FSA, is one of two common ways of paying for healthcare expenses tax-free. With an FSA, employees can deduct a certain amount of money from their paychecks each year—the maximum was $3,050 in 2023—to cover expenses not paid by their insurance such as doctor and prescription copays. The FSA is often confused with the second type of account with a similar acronym called a health-savings account, or HSA, which is available only to people with high-deductible health insurance plans. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The Score: Macy’s, Hasbro, Pfizer and More Stocks That Defined the Week

16Dec

By adminNo Comments

Money

The Score: Macy’s, Hasbro, Pfizer and More Stocks That Defined the Week

The Score is a weekly review of the biggest stock moves and the news that drove them.Macy’sAn investor group has launched a $5.8 billion bid to buy Macy’s and take it private.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Cigna Calls Off Humana Pursuit, Plans Big Stock Buyback

10Dec

By adminNo Comments

Money

Cigna Calls Off Humana Pursuit, Plans Big Stock Buyback

Updated Dec. 10, 2023 12:38 pm ETCigna abandoned its pursuit of a tie-up with Humana that would have created a roughly $140 billion giant in the health-insurance industry.The companies couldn’t come to agreement on price and other financial terms, according to people familiar with the matter. In the near term, Cigna is turning its focus toward smaller, so-called bolt-on, acquisitions.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

10Dec

By adminNo Comments

World

Cigna Calls Off Humana Pursuit, Plans Big Stock Buyback

Updated Dec. 10, 2023 12:38 pm ETCigna abandoned its pursuit of a tie-up with Humana that would have created a roughly $140 billion giant in the health-insurance industry.The companies couldn’t come to agreement on price and other financial terms, according to people familiar with the matter. In the near term, Cigna is turning its focus toward smaller, so-called bolt-on, acquisitions.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

6Dec

By adminNo Comments

Money

The Medicare Gold Rush Is Slowing Down

The popularity of private Medicare plans has been a huge driver of profits for insurance companies in recent years. There are signs the gold rush isn’t quite what it once was.Investors have been worried all year as the Biden administration phases in a new system that insurers say will reduce federal payments to Medicare Advantage plans. Developments last week at the top two insurers in the Medicare business, UnitedHealth Group and Humana, raised more questions. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Cigna, Humana in Talks for Blockbuster Insurance Merger in Stock-and-Cash Deal

30Nov

By adminNo Comments

World

Cigna, Humana in Talks for Blockbuster Insurance Merger in Stock-and-Cash Deal

Updated Nov. 29, 2023 4:28 pm ETCigna and Humana are in talks for a combination that would create a new powerhouse in the health-insurance industry. The companies are discussing a stock-and-cash deal that could be finalized by the end of the year, assuming the talks don’t fall apart, according to people familiar with the matter. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8