Sen. Bill Cassidy on Monday proposed replacing enhanced Affordable Care Act premium tax credits with pre-paid health savings accounts. The Louisiana Republican’s proposal comes as lawmakers scramble to find a remedy for skyrocketing costs of Obamacare health insurance premiums. The boosted ACA tax credits, which this year have lowered the cost of Obamacare plans for about 20 million Americans, are set to expire at the end ...
Insurers and drug companies facing dire threats to their bottom lines this year from President Donald Trump and Republicans in Congress had to make a choice: Stand and fight, or go to ground and cut some deals. Insurers fought in a bid to kill the threat; drugmakers cut deals to mitigate the damage. The early ...
While the FDA is streamlining regulation of copycat versions of the expensive drugs that millions take for arthritis, cancer, and other diseases, the U.S. patent office is making it harder for the cheaper medicines to get on the market, industry officials say. These officials were thrilled Oct. 29 when FDA Commissioner Marty Makary announced the ...
The stopgap spending bill signed Nov. 12 by President Donald Trump halts a looming $536 billion Medicare cut and temporarily extends several key health programs, avoiding deeper disruptions from the now-ended government shutdown. The legislation keeps most federal agencies funded through Jan. 30 and fully funds the Department of Agriculture, the FDA and the VA ...
Medicare beneficiaries are set to see their Part B premiums rise significantly next year, according to an announcement from the Trump administration. The Centers for Medicare & Medicaid Services (CMS) revealed late Friday that total monthly premiums for Part B will be $202.90. By comparison, the premium for 2025 was $185. In addition, the deductible in Part ...
Sutter Health plans to open a major new hospital in Santa Clara by 2031, the provider announced Monday. The eight-story, 850,000-square-foot facility from one of Northern California’s largest hospital systems will include 272 beds, an emergency department, intensive care unit, labor and delivery department and other services. It will be located at 2831 and 2841 ...