Month: January 2024
A price cap on insulin from one of the three major manufacturers took effect on New Year’s Day, giving more Americans with diabetes more affordable treatments. In March, Sanofi became the last of three companies that make up 90% of the world’s insulin market by value to announce price cuts. Novo Nordisk and Eli Lilly Co.’s plans had slashed U.S. prices by ...
A new study suggests getting that cute dog in one’s more mature years might be a good idea after all. Researchers from the Sun Yat-sen University in Guangzhou, China, found that pet ownership can be associated with slower rates of developing dementia. The study, published on Tuesday in JAMA Network Open, determined that owning a pet made ...
Legal experts indicated they will be paying close attention to lawsuits surrounding the Medicare drug price negotiation program and Braidwood v. Becerra. Both topics could have massive ramifications on the healthcare industry and set new precedents.
Surprise ambulance bills can leave families deeply in debt after a medical emergency. A new state law that forces insurance companies to negotiate payments is expected to save Californians tens of millions of dollars a year.
The average per-employee cost of employer-sponsored health insurance rose by 3.2% in 2022, according to the survey. This relatively modest increase was only about half the rate of general inflation for 2022, which ended the year at 6.5%.
California became the first state on Monday to offer comprehensive health insurance to all undocumented immigrants, a plan expected to expand to roughly 700,000 residents living in the Golden State.
As personal insurance rates continue to increase for a myriad of reasons, around 70% of U.S. consumers are actively reviewing their insurance policies in an effort to find savings, according to a survey from Trusted Choice, national brand representing the members of the Independent Insurance Agents & Brokers of America (the Big “I”). Among those shopping around, 45% ...
Under a new law, employees in California are guaranteed five paid sick days a year, two days more than previously. Worker advocacy groups say the benefit is needed, but business groups warn of additional costs.
Specialty drug costs keep going up for plan sponsors Here are a few considerations employers and their brokers and consultants need to take into account in the coming years.
Drugmakers including Pfizer (PFE.N), Sanofi (SASY.PA) and Takeda Pharmaceutical (4502.T) plan to raise prices in the United States on more than 500 drugs in early January, according to data analyzed by healthcare research firm 3 Axis Advisors. Excluding different doses and formulations, more than 140 brands of drugs will have their prices raised next month, the data showed. The expected ...