Author: Scott Welch
As CVS Health’s (CVS.N), opens new tab new CEO David Joyner steps into the top job after Karen Lynch’s quick departure on Friday, Wall Street analysts and some investors are questioning whether he has the right experience to turn around the Aetna health insurance business as it struggles with high medical costs. Joyner, who headed the company’s ...
The average American spent only 30-60 minutes making open enrollment decisions last year.
Research shows about half of U.S. adults say they cannot afford their health care costs. According to an AARP Research study, healthcare affordability, rising health insurance costs and a lack of confidence in affording unexpected medical bills are significant concerns for adults ages 40 to 64.
There will be a major change to Medicare Part D in 2025 with the “doughnut hole,” or coverage gap going away. The maximum out-of-pocket cost for Part D prescriptions in 2025 will be $2,000.
Novartis (NOVN.S), opens new tab has lost a bid to keep a generic version of its top-selling heart failure drug Entresto off the U.S. market by blocking regulators from approving it, though the generic’s launch faces other legal roadblocks. U.S. District Judge Dabney Friedrich in Washington, D.C., in an order made public on Tuesday, said the U.S. ...
The average employer-sponsored health insurance premium for US families rose 7% this year – same as last year, according to the annual KFF survey of 2,100 companies.
On September 30, Governor Gavin Newsom concluded review and action on more than 1,200 bills sent to his desk as part of the 2024 regular legislative session. This year represented many major legislative wins for the California Chamber of Commerce working on behalf of California employers.
In its estimates released Tuesday, CBO said 12.5 million Medicare beneficiaries would qualify for the medications beginning in 2026, and 2 percent would be expected to use the drugs in the first year.
Walgreens reported a loss of $3 billion in the fourth quarter and plans to close 1,200 stores over the next three years as part of the retail drugstore chain’s ongoing turnaround strategy amid a rocky fiscal 2024. The company will close 500 stores next year as it works to improve its cash flow. The closure ...
Attention, Medicare Advantage enrollees: It’s a good idea to review your plans during open enrollment, which begins Tuesday, so you don’t get caught by surprise next year. Although the swiftly growing market remains stable overall, insurers are making a flurry of changes that could leave some senior citizens hunting for new policies, paying more out ...