Most U.S. Small Businesses Worry Recession is Coming

Some 93% of small business owners are worried that the United States will enter a recession in the next six months, a survey released by Goldman Sachs showed on Wednesday, with a majority of firms saying the country was headed in the wrong direction. In the same survey a year ago, with increased vaccinations promising ...

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COVID-19 Public Health Emergency Extended In The US

The Biden administration on Friday extended the Covid-19 public health emergency for another three months. US Department of Health and Human Services Secretary Xavier Becerra officially renewed the declaration, extending it through October 13, 2022. The emergency declaration has been in place since January 2020, and the latest renewal comes as the Omicron offshoot BA.5, ...

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63% of Medicare Beneficiaries Paid Full Generic Drugs Cost in 2020

A new study found that more Medicare Part D beneficiaries paid the entire generic drug cost at least once in 2020 compared to 2017.

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COVID-19’s Ongoing Effect On Life Insurance Underwriting

Depending on what you read and who you follow, we are still in a pandemic phase or transitioning from the pandemic to the endemic phase of COVID-19. This has an ongoing impact on the life insurance industry. The virus continues to mutate and, thus far, almost 90 million individuals in the U.S. have already reported ...

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US Officials: States Getting More Monkeypox Vaccine Soon

More than 100,000 monkeypox vaccine doses are being sent to states in the next few days, and several million more are on order in the months ahead, U.S. health officials said Friday. They also acknowledged the vaccine supply hasn’t kept up with the demand seen in New York, California and other places. Officials predicted cases will keep ...

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Dial 988: State’s New Mental Health Crisis Hotline Debuts

Starting Saturday, people experiencing mental health crises need to remember just three numbers to dial for help: 988. The new federal number — debuting in California and across the country this weekend — is billed as an alternative to 911 for people experiencing mental health emergencies. Here, advocates say the shortcut will make it simpler ...

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Marketplace Insurers Are Proposing 10% Premium Hikes for 2023 in 13 States and DC, Though Many Enrollees Could Face Much...

A new analysis of marketplace insurers’ early rate filings in 13 states and the District of Columbia finds that they are seeking higher premium increases than in recent years, largely due to rising prices paid to hospitals, doctors and drug companies and increased use of services by enrollees. The median proposed rate increase is 10% across 72 ...

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FDA Authorizes Novavax Coronavirus Vaccine, Adding To Pandemic Arsenal

U.S. regulators Wednesday authorized the nation’s fourth coronavirus vaccine, a shot developed by Novavax, a Maryland biotechnology company that has been a straggler in the vaccine race. For a relatively small niche of people who want to be vaccinated, but can’t or won’t take existing vaccines, Wednesday’s decision by the Food and Drug Administration has been ...

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Hospital, Physician Groups Push Back On CMS Payment Rules As COVID-19 Assistance Dwindles

Several provider groups are slamming recent payment rules offering small price hikes for 2023, as COVID-19 relief in place for more than two years erodes. Groups are clamoring for regulators to boost payments in the proposed 2023 Physician Fee Schedule and Outpatient Prospective Payment System (OPPS) rules. Providers say that added pressures of labor shortages, inflation and renewed surges ...

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California Will Make Its Own Insulin To Fight Drug’s High Prices, Newsom Says

California will start making its own affordable insulin as part of an effort to combat high drug prices for a lifesaving medication that has been made inaccessible for some Americans living with diabetes, Gov. Gavin Newsom (D) announced Thursday.

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