Author: Scott Welch
National industry groups representing retail, truckers and independent businesses sued the Biden administration Wednesday over its vaccine and testing requirements for private companies, claiming they would cause “irreparable harm.” The National Retail Federation, the National Federation of Independent Business and the American Trucking Associations, told the U.S. Court of Appeals for the 5th Circuit in ...
Medicare enrollees who take expensive medicines could save thousands of dollars a year under the Democrats’ sweeping social agenda bill, but those dividends won’t come overnight. Instead, they’ll build gradually over the decade. Unveiled late last week, the bill’s Medicare prescription drug compromise barely survived a pharmaceutical industry lobbying blitz. Experts who’ve analyzed the complex ...
A federal appeals court on Saturday temporarily halted the Biden administration's COVID-19 vaccine requirement for businesses with 100 or more workers.
Yoga studio owner David Gross felt relieved after Los Angeles passed a vaccine mandate that is among the strictest in the country, a measure taking effect Monday that requires proof of shots for everyone entering a wide variety of businesses from restaurants to shopping malls and theaters to nail and hair salons.
Democrats on Tuesday announced an agreement on drug pricing reform, coming out in favor of allowing Medicare Part D to negotiate directly with pharmaceutical companies for the first time since its creation, a move the drug industry has fought for nearly two decades.
The pharmaceutical industry has strongly resisted some of the proposals presented in the years-long drug pricing brouhaha, and the final result is "not a bad outcome" for drugmakers, one team of analysts recently stated.
New bipartisan legislation aims to outlaw several practices employed by hospitals critics say harm competition, including requirements for payers to contract with affiliated providers. The legislation introduced Tuesday by Sens. Mike Braun, R-Indiana, and Tammy Baldwin, D-Wisconsin, aims to ensure more affordable contracts between payers and providers. “When large health systems engage in anticompetitive practices ...
Kaiser Permanente posted a $1.6 billion profit for the third quarter, which is down by nearly half from the $3 billion it generated in the previous quarter. The 39-hospital system and health plan’s earnings, reported Friday, were affected by a major surge of COVID-19 that caused expenses to increase. Kaiser Permanente’s hospital system and health ...
Americans have more ways than ever to access health care virtually, with direct-to-consumer companies popping up to treat minor issues on-demand and traditional health plans and providers offering their own telehealth services. Yet it’s not always clear how the booming direct-to-consumer platforms stack up against the more established offerings — a missing link that means ...
The House late Friday passed a $1 trillion infrastructure bill, leaving a vote on President Biden’s larger social and climate package until centrists in the Democratic Party get estimates on its full cost. The Infrastructure Investment and Jobs Act now heads to the president’s desk for his signature, while the larger Build Back Better Act, ...