Business Groups Urge: Restore Tax Credits, Net Operating Loss Deduction

The California Chamber of Commerce and a coalition of business groups are urging state legislators to restore the net operating loss deduction and business incentive tax credits that were suspended and capped by AB 85 last year. The action was taken as part of last year’s strategy to close an estimated $54.3 billion budget deficit ...

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California Jury Clears CVS In Generic Drug Overpayment Case

A California jury has cleared CVS in a years-long lawsuit alleging the pharmacy giant overcharged them by more than $121 million for generic drugs. A group of insured pharmacy customers in six states filed suit against CVS Pharmacy in 2015, claiming that the company overcharged them and their insurers for generic drugs while charging low, ...

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Doctors’ Lobby Scores ‘Major Victory’ on Bill to Hold Physicians Accountable

The board that licenses and disciplines doctors in California is failing to hold bad actors accountable, endangering patients in the process. That’s the verdict of state lawmakers and patient advocates who have been working for years to reform the Medical Board of California. But an attempt this year to give the board more money and ...

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Nearly 70% Of American Doctors Now Employed By Hospitals Or Corporations, The Report Finds

Nearly seven in 10 U.S. physicians are now employed by hospitals or corporations such as private equity firms and health insurers while the COVID-19 pandemic has turned doctors away from independent practice, a new report finds. Between January 1, 2019 and January 1, 2021, 48,000 doctors left the private practice to take jobs in hospitals ...

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LA County Recommends Indoor Masks, Regardless Of Vaccines

Health officials in Los Angeles County now strongly recommend that people wear masks indoors in public places — regardless of their vaccination status — to prevent the spread of the highly transmissible delta variant of the coronavirus. The move comes two weeks after Gov. Gavin Newsom reopened California and lifted the statewide mask mandate. The LA ...

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Nevada AG Ford Warns Of Discount Insurance Plans, Credit Repair Scams

Nevada Attorney General Aaron D. Ford, in partnership with the Nevada Division of Insurance, is encouraging Nevadans to stay vigilant as scammers attempt to take advantage of struggling individuals and businesses during the COVID-19 pandemic.

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More Nevadans Qualify For Health Insurance Subsidies Through American Rescue Plan

The American Rescue Plan could have big impacts for people who have a health insurance plan through Nevada Health Link. President Joe Biden signed the $1.9 trillion stimulus package into law in March. Part of the money will offer financial assistance for health insurance on the exchange.

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Why ICHRAs May Soon Be A Thing Of The Past

The pandemic has forever changed the relationship between employees and employers. As we enter our new normal, people are expecting their place of work to be there for them and their family during difficult times and to support their health needs. And as companies look to lure back workers, a system of benefits that treats them with respect will be more important than ever.

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DOJ Sues To Block $30B Aon-Willis Towers Watson Merger

The U.S. Justice Department sued to block Aon PLC’s proposed $30 billion acquisition of Willis Towers Watson, saying the deal to create the world’s largest insurance brokerage is anticompetitive.

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Nevada’s COVID-19 Test Positivity Rate Edges Higher

Nevada on Friday reported 385 new coronavirus cases and seven additional deaths over the preceding day as the state test positivity rate registered its second increase this week. An update posted by the Department of Health and Human Services on the state coronavirus website brought totals in the state to 328,875 COVID-19 cases and 5,649 ...

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