Author: Scott Welch
Robert F. Kennedy Jr. is planning to meet with top executives of several major food brands on Monday, marking the first sitdown between the new Health and Human Services secretary and companies he’s publicly accused of harming Americans’ health. Senior leaders from General Mills and PepsiCo are among those expected to participate in the discussion ...
Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its retail and pharmacy businesses.
Editor’s Note: This is a developing story. If you are a dismissed or active federal worker with information to share, please reach out at ntong@questex.com Updated: Monday, March 10 at 5:07 p.m. ET Health and Human Services (HHS) Department employees, which totals about 80,000, were offered voluntary buyouts to resign from their jobs Friday night. The agency’s employees ...
Last week, Nevada state lawmakers heard worst case scenarios if Congress significantly reduces federal Medicaid spending. There’s a lot of uncertainty as state lawmakers are required to pass the biennial budget over the next 100 days. One in four Nevadans is insured by Medicaid, the health care insurance program for low-income and disabled Americans. In Nevada, ...
As President Donald Trump wrapped up his first term in 2020, he signed legislation to protect Americans from surprise medical bills. “This must end,” Trump said. “We’re going to hold insurance companies and hospitals totally accountable.” But the president’s wide-ranging push to slash government spending, led by billionaire Elon Musk, is weakening the federal office ...
More than 8 in 10 employers intend to offer employees and their dependents access to lower- or no-cost mental health support through their tele-mental health provider this year, the letter said.
As biopharma players continue to parse out what the second Trump administration means for the industry, Pfizer CEO Albert Bourla, Ph.D., outlined one potential response by his company if pharmaceutical tariffs come into play. Pfizer’s local manufacturing setup is already well positioned in the U.S., and the New York-based drugmaker could bring additional resources into ...
Just a few weeks after summarily firing hundreds of employees, the Trump administration is now notifying some staff at the Centers for Disease Control and Prevention that they’re back on the job. On Tuesday, an unknown number of CDC staff began receiving emails stating that their letters of termination were being rescinded, according to emails reviewed ...
The budget bill that was passed in the House last week calls for $2 trillion in federal spending cuts to be identified over the next decade, with $880 billion of that coming from the Energy and Commerce Committee's jurisdiction, which includes the Medicaid program.
Prescription drug manufacturers raised prices on nearly 600 drugs in January, according to an analysis by 46brooklyn Research. Among those medications impacted by the increases are drugs used to treat diabetes, HIV, COVID-19, and cancer, as well as other conditions.