Month: January 2024
Cigna is in advanced talks to sell its Medicare business in an about-face for the health-insurance giant, which had been expanding its footprint in the fast-growing sector. Cigna, which has been running an auction for the business, known as Medicare Advantage, is now in exclusive talks to sell it to Health Care Service Corp. for ...
Amazon plans to collaborate with digital health companies to connect customers with virtual care benefits for managing conditions like diabetes and hypertension. The online retail giant tapped virtual-first chronic care provider Omada Health as its first partner. Amazon’s new health conditions program, which officially launched on Monday, aims to help customers find and enroll in virtual care ...
In his first earnings call since taking over as CEO of Walgreens, Tim Wentworth signaled the drugstore retail giant is exploring new pharmacy models as cost-plus drug pricing gains momentum. “We welcome and will work with payer and PBM partners on any model that recognizes and reimburses pharmacies for the unmatched value we provide patients, ...
Whether you overindulged at dinner, skipped your workout or hit snooze on your alarm (again) — don’t let one flub derail your New Year’s resolution progress. Life is unpredictable and setbacks are inevitable. One small setback doesn’t mean it’s time to throw away your resolution completely. It’s also worth noting that you’re not alone. “While ...
Employers that were considered “Applicable Large Employers (ALEs)” in 2023 must file IRS reports by April 1, 2024, detailing their compliance with the ACA’s employer mandate. ALEs must generate a report for each person employed full time for at least one full calendar month of 2023.
The IRS announcements include a number of dollar amounts employers will need to know in order to administer their benefit plans for 2024, including the key dollar amounts for retirement plans, FSAs, HSAs and HDHPs.
Open enrollment for health insurance starts and ends during the holiday season, and during these bustling times are scammers trying to take advantage of people shopping for insurance.
A Nevada state senator and the National Taxpayers Union have filed a lawsuit challenging the constitutionality of a 2021 state law that established a public option health care plan scheduled to launch in 2026.
Nearly two-thirds of Nevadans experienced health care affordability burdens in 2022, forgoing health insurance, struggling to pay medical bills, and delaying medical visits for dental care, addiction treatment, and mental health care.
Medicare Part D will cover certain over-the-counter products when prescribed by a clinician, and when it does, the program pays far more for these drugs, according to a recent study. Researchers at Johns Hopkins identified 22 drugs that are available both over-the-counter and via prescription; in 2020, Medicare paid out claims for 20 of those therapies. ...