Author: Scott Welch
Healthcare spending in the United States rose 4.1% in 2022 to $4.5 trillion, federal data showed on Wednesday, a rate that officials said indicated a return to pre-pandemic patterns after two years of volatility. The growth was driven by spending on Medicaid and private health insurance, with the insured share of the population surging to ...
The Biden administration plans to push states to boost oversight of the number of doctors, hospitals, and other health providers insurers cover in Obamacare plans, under rules proposed in November. The annual regulatory proposal, known as the payment parameters rule, also seeks to expand access to adult dental coverage in Affordable Care Act marketplaces and ...
The sudden collapse of SmileDirectClub has stranded users of its clear-plastic, removable teeth aligners — in some cases just weeks after they were given a discount for paying up front. Why it matters: Customers experiencing problems with their treatment will not be able to get new aligners, treatment, or other support from the company. Catch up fast: SDC filed for ...
A House vote on transparency regulations in healthcare could occur next week, potentially having substantial ramifications on how PBMs and hospitals operate.
Thousands of Californians may have to pay out-of-network medical costs to go to their nearest hospital after contract negotiations between Adventist Health and Blue Shield of California — a major health care provider and health insurer in the state, respectively — fell through last week.
The House Energy and Commerce Committee advanced 19 pieces of legislation Dec. 7, including bills aimed at increasing Medicare Advantage transparency. Three Medicare-related bills to note
Pres. Biden’s administration on Thursday unveiled a new framework allowing authorities the right to seize certain drug patents and license them to other manufacturers in order to lower drug prices.
The Biden administration has determined that it has the authority to seize the patents of certain high-priced medicines, a move that could open the door to a more aggressive federal campaign to slash drug prices. The determination, which was described by three people familiar with the matter, represents the culmination of a nearly nine-month review of ...
CVS Pharmacy is promising to make its drug pricing system simpler and more transparent. But that may not translate into lower costs or more clarity for consumers. The company announced Tuesday that its new CVS CostVantage model will revamp how its pharmacies are paid for prescription medications. It will use a formula that includes “the cost of ...
Since Pres. Biden proposed rules to reinforce the Mental Health Parity law in July, there’s been mixed reaction to the rules, however, employer groups and insurers point out one glaring issue – a shortage of mental health providers.