Month: January 2025
Various pieces of health care transparency legislation have identified areas requiring employers to meet their fiduciary responsibilities, such as designing an evaluation process for selecting vendors to deploy their health and welfare benefits strategy.
When asked about a variety of health care proposals, including those put forth by Republican and Democratic lawmakers, about 6 in 10 said boosting price transparency rules to ensure that health care prices are available to patients should be a top priority.
The Biden administration, in its last full weekday in office, announced the next 15 drugs up for Medicare price negotiation. Blockbuster diabetes drug Ozempic is on the list. That means the federal government and the pharmaceuticals industry are about to go head-to-head once again. The Centers for Medicare and Medicaid Services negotiated prices for a first ...
Regulators published their most detailed findings yet on how some of the nation’s largest companies profited from "excess" prescription price hikes of 1,000% or more.
U.S. life insurance benefits sales might grow a little this year, or they might not. Analysts at LIMRA are predicting, cautiously, that total workplace life sales could increase 3% over the next 12 months, to about $4.5 billion, after rising 3.3% in 2024. The unemployment rate is still low. Typical employers still say they want to keep ...
Walgreens Boots Alliance (WBA, Financials) saw its stock decline on Friday following the announcement of a U.S. Department of Justice lawsuit accusing the company of knowingly filling millions of unlawful prescriptions for controlled substances. Shares closed at $12.52, down 3.17%, and extended losses in after-hours trading, falling an additional 5.03% to $11.89. Alleging that Walgreens ...
The ERISA Industry Committee sues to stop new Biden administration mental health regulations issued in 2024, saying they are “arbitrary and capricious” and employers cannot certify compliance “due to vague, undefined terms."
As the “Make America Healthy Again” movement takes shape with President Donald Trump in the White House again, many Americans are already looking for ways to improve their well-being through the foods they eat. Fox News Digital spoke with two nutritionists and a doctor to discuss how incorporating certain foods into a person’s diet can promote a healthy ...
As part of our ongoing commitment to provide you with information and resources to assist your clients, colleagues, and others who may need help in connection with the current Southern California wildfires, you should find the following helpful.
Blue Shield Of California Restructures, Launches Health Services Business And Names First Female CEO
The bevy of changes for the massive California nonprofit is meant to improve operations, and should also give Blue Shield a financial leg-up as it competes with well-funded for-profit peers.