Month: July 2019
When Mary Kay Gilbert saw her doctor in May for a skin infection on her leg, she wasn’t surprised to receive a prescription for an antibiotic cream. But Gilbert, 54, a nurse and health consultant, was shocked when her physician clicked on the desktop computer and told Gilbert the medicine would cost $30 on her Blue Cross and Blue Shield plan.
Lawmakers are trying to set aside their irreconcilable differences over the Obama-era Affordable Care Act and work to reach bipartisan agreement on a more immediate health care issue, lowering costs for people who already have coverage.
Members of the U.S. Senate Health, Education, Labor and Pensions (HELP) Committee voted 20-3 to support S. 1895 — a health care cost bill that includes a health insurance producer compensation disclosure provision.
California’s governor vowed on Monday to continue expanding taxpayer funded health benefits to adults living in the country illegally next year, ensuring the volatile issue will get top billing in the 2020 presidential election as Democrats vying for the nomination woo voters in the country’s most populous state.
On the debate stage Thursday, Senator Kamala Harris raised her hand, seemingly in support of a government insurance proposal that would eliminate employer insurance. On Friday, she said she had misunderstood the question.
Price hikes on prescription drugs are surging in 2019, despite vows from lawmakers and the Trump administration to rein in pharmaceutical costs.
A federal appeals court is asking the parties in a high-profile case pushing to overturn ObamaCare whether blue states have standing to seek to uphold the health law.
HealthEquity, Inc. (NASDAQ: HQY) ("HealthEquity"), the nation's largest independent health savings account ("HSA") non-bank custodian, and WageWorks, Inc., (NYSE: WAGE) (“WageWorks”), a leader in administering HSAs and complementary consumer-directed benefits (“CDBs”), today announced that they have entered into a definitive agreement under which HealthEquity will acquire all of the issued and outstanding shares of common stock of WageWorks for $51.35 per share in cash, representing a total enterprise value of approximately $2 billion.
As House Democrats hash out a proposal empowering the federal government’s top health official to negotiate lower drug prices, House Speaker Nancy Pelosi is taking it a step further and pushing a plan that could benefit even those Americans with private health insurance.
California advocacy groups are decrying a Trump administration proposal to change one of the measurements to determine the federal poverty level, a move that could force tens of thousands of state residents to lose their public benefits over the next decade.