IBM Sells Watson Health Assets To Investment Firm Francisco Partners

IBM has reached a deal to sell the healthcare data and analytics assets from its Watson Health business to investment firm Francisco Partners, the companies announced Friday. The companies did not disclose financial terms of the deal, but previous reports said IBM was seeking a price in the $1 billion range, Axois reported, citing people familiar ...

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Five Important Changes For Group Health Clients In 2022

The new year brings with it changes for employers, employees, and group health insurance. Here’s information you may want to share with your clients. 2022 Health Insurance Changes 1: Increased FSA Contribution Limits The Internal Revenue Service (IRS) previously published the increased limits for contributions to Health Flexible Spending Accounts (Health FSAs) in 2022. The ...

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Nevada Orders 500K At-Home COVID Tests

Nevada has ordered more than half a million at-home COVID-19 tests to help address the demand for testing amid a surge of coronavirus cases, Gov. Steve Sisolak announced Thursday.

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Too Early To Tell If COVID Surge Has Peaked In Las Vegas Area

Dr. Cassius Lockett, director of disease surveillance and control with the Southern Nevada Health District, said today that some measures, like the daily number of new COVID-19 cases and test positivity rates, have started to “marginally decline” over the last couple of days.

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Lawmakers Ratchet Up Pressure On CMS To Change Part B Premiums After Aduhelm Price Drop

House Democrats are ramping up pressure on the Biden administration to lower Medicare Part B premiums after the price for controversial drug Aduhelm was slashed in half.

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Competition Drives Medicare Advantage Plans To Offer Special Benefits In 2022

A quarter of Medicare Advantage plans now offer chronically ill beneficiaries healthy food, transportation and other special supplemental benefits in 2022, representing a nearly 40% year-over-year increase in carrier uptake of these unconventional services, a new study found. The report, released by consultancy ATI Advisory on Wednesday, found that 1,292 Medicare Advantage plans offered special ...

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As Enrollment On The ACA Exchanges Surges, Insurer Participation Growth Is More Modest: Study

The number of plans offered under the Affordable Care Act (ACA) for 2022 hit 15,638, up 15% from the 2021 plan year, according to a new analysis. While membership in exchange plans skyrocketed over the course of 2021, thanks to a lengthy special enrollment period under the pandemic and enhanced premium tax credits, insurer participation ...

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Mark Cuban’s Drug Company Launches Pharmacy, Promising Striking Savings On Generic Drugs

Mark Cuban Cost Plus Drug Company (MCCPDC) has launched its online pharmacy as part of an ongoing effort to provide consumers with low drug prices. The pharmacy claims to offer significant savings, with several prescription drugs reportedly at more than half the cost of the next most affordable option. For instance, leukemia treatment imatinib has ...

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Universal Health Care Bill Advances in California Assembly

California Democrats on Tuesday took their first step toward abolishing the private health insurance market in the nation’s most populous state and replacing it with a government-run plan that they promised would never deny anyone the care they need.

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Here’s What’s Changed As California’s New COVID Workplace Rules Go Into Effect

Now that COVID-19 case rates in California have jumped to their highest levels yet — more than six times the peak of the delta variant wave — updated workplace rules are kicking in to better help protect workers vaccinated against COVID-19.

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