Month: June 2021
Becerra Pledges To Offer Providers Guidance And Flexibility On June 30 COVID-19 Relief Fund Deadline
Department of Health and Human Services (HHS) Secretary Xavier Becerra said guidance is coming to help providers meet a June 30 deadline to spend all their COVID-19 relief funds but didn’t endorse an extension that several groups have called for.
The Labor Department will limit long-awaited emergency Covid-19 workplace safety rules to the health care sector, Labor Secretary Marty Walsh said Wednesday, a decision that disappointed unions pushing for more expansive rules but that will likely be a relief to businesses worried about new costs.
Nevada’s COVID-19 test positivity rate dropped on Tuesday as the state reported more than 200 additional coronavirus cases, data released today shows. Nearly 41% of Nevadans eligible for the vaccine have completed vaccinations. CASES & DEATHS & TESTING Nevada reported 217 new COVID-19 cases, most from Clark County (209), in the past day. The state’s ...
Both Amazon and Walmart announced plans this week to offer discounted prescriptions to consumers — effectively encouraging them to forego their existing health insurance benefits. As Bloomberg.com reports, Amazon now offers six-month prescriptions starting at $6 for medications that treat common ailments. Because most insurance companies don’t cover six-month prescriptions, the move is considered a way to ...
A new analysis predicts that medical cost increases will moderate slightly in the U.S. in 2022, following a higher rate of increase in 2021 as the health system deals with the aftermath of the COVID-19 pandemic. The analysis, by the PwC Health Research Institute (HRI), is the latest installment of the Institute’s annual cost trend ...
In April, San Francisco-based primary care company One Medical revealed an eye-popping compensation package for its chief executive and chairman, Amir Dan Rubin. His $199 million payday, particularly noteworthy at a company that has yet to turn a profit, made Rubin the second-highest-paid CEO in the United States last year — but only on paper. About $197.5 million of ...
The Biden administration aims to boost U.S.-based production of pharmaceuticals and their ingredients, among other initiatives looking to shore up the supply chain, according to a new report. HHS, the Defense Department and other agencies should increase their funding related to producing active pharmaceutical ingredients in critical drugs, the White House recommended in its review ...
Seventy-two senators and 302 members of the House of Representatives cashed a check from the pharmaceutical industry ahead of the 2020 election — representing more than two-thirds of Congress, according to a new STAT analysis of records for the full election cycle. Pfizer’s political action committee alone contributed to 228 lawmakers. Amgen’s PAC donated to ...
Biogen’s new Alzheimer’s treatment could be experts’ nightmare drug spending scenario: An extremely expensive product that millions of desperate patients could be eligible for — and it may not even work. Why it matters: Alzheimer’s is a devastatingly common disease with no cure. But the FDA’s decision this week paved the way for a free-for-all in ...
As many Americans prepare to head back to the office, companies are hammering out policies on the extent to which they will require, or strongly encourage, employees to be vaccinated against the coronavirus. The bottom line is that companies are legally permitted to make employees get vaccinated, according to recent guidance from the federal agency ...