Lawmakers, Business Leaders Begin To Raise Alarms About Dwindling Federal Aid, As Omicron Cases Rise Across U.S.

The swift arrival of a new coronavirus variant has rekindled economic anxieties in Washington, as congressional lawmakers, business leaders and consumer advocates begin to worry whether there is enough federal aid to shield Americans from another round of financial despair. Over the course of the nearly two-year pandemic, Congress has committed nearly $6 trillion toward ...

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Doctors Sue Envision Healthcare, Say Private Equity-Backed Firm Shouldn’t Run ERs In California

An emergency medicine physicians group has sued Envision Healthcare, the giant health care services company, alleging that it violated California laws barring corporations from practicing medicine when it took over staffing of the emergency department at Placentia-Linda Hospital in Placentia, California, in August. The lawsuit was filed by the American Academy of Emergency Medicine Physician Group, or ...

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Biogen Halves Price Of Alzheimer’s Drug To $28,200

Biogen Inc (BIIB.O) on Monday cut the price of its Alzheimer’s drug by about half to $28,200 for an average weight person after facing slower-than-expected U.S. sales on complaints from hospitals that its high cost was not worth its benefits. The U.S. Food and Drug Administration (FDA) approved the drug, Aduhelm, in June to treat the brain-wasting ...

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Annual Employee Benefits Compliance Responsibilities On January 1st

Each year brings annual compliance responsibilities to employers regarding their health plans and federal Affordable Care Act (ACA) and COBRA responsibilities. It’s important for employers to be aware of – and adhere to – these responsibilities.

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The ‘Real Miracle’: Nevada’s Roller-Coaster Rollout Of COVID-19 Vaccine

Over the past year, 1.6 million Nevadans — or about half of the state’s population — have been inoculated against COVID-19 in a roller-coaster rollout of the vaccine.

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Nevada Implements Insurance Surcharge On Unvaccinated State Workers

Nevada has become the first state to implement a health care premium surcharge on some 5,000 state employees not vaccinated against COVID-19 starting in July 2022.

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Nevada COVID Activity Rising, But Far Below 2020 Levels

Nevada’s coronavirus activity is inching up since the Thanksgiving holiday but remains only a fraction of what it was this time last year.

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CMS Actuaries: Healthcare Expenditures Spiked 9.7% In 2020 Amid COVID-19 Response

U.S. healthcare spending skyrocketed in 2020 as the federal government invested significantly in response to the COVID-19 pandemic, according to new data from the Centers for Medicare & Medicaid Services (CMS). CMS’ Office of the Actuary released its annual report on health expenditures, which found spending increased by 9.7% in 2020 to reach $4.2 trillion. ...

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Biden COVID Official: “No Need To Lock Down,” Even As Cases Surge

White House COVID-19 response coordinator Jeff Zients said Wednesday that there will be “no need” to shut down the U.S. economy “in any way,” adding that the country has the tools necessary to fight the Omicron variant. The big picture: There is an increase of coronavirus cases, driven by the Delta variant, across the country, and CDC ...

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Omicron Infects 70 Times Faster But Is Less Severe, Study Says

The omicron variant infects around 70 times faster than delta and the original Covid-19 strain, though the severity of illness is likely to be much lower, according to a University of Hong Kong study that adds weight to the early on-ground observations from South African doctors. The supercharged speed of omicron’s spread in the human bronchus was ...

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