Author: Scott Welch
UnitedHealth Group’s (UNH.N) quarterly profit beat Wall Street estimates on Friday as a smaller-than-expected jump in medical costs allayed fears that a resumption in long-delayed surgical procedures would hit profit growth. The company’s results allowed investors to breathe a sigh of relief following a $60-billion wipeout in industry market value last month, after UnitedHealth raised alarms about rising costs. ...
Flush times continue in Washington for telehealth advocates, marked most recently by victories in the House and at the Centers for Medicare and Medicaid Services last week. CMS proposed to boost payment rates to providers for the virtual care they give to Medicare patients in their homes. And a House subcommittee approved a bill that would ...
Even as some San Francisco businesses lay off workers or leave town altogether, one mammoth local enterprise is looking to expand its presence in the city. UCSF Health, San Francisco’s largest medical center and second-largest employer after the city itself, hopes to get even bigger by buying a pair of money-losing hospitals — St. Mary’s Medical Center and Saint ...
An experimental Alzheimer’s drug from Eli Lilly was shown effective in slowing the disease’s progression by about a third — and more so when it was administered as early as possible, when patients only suffered mild cognitive impairment. Driving the news: The drug giant on Monday released full clinical trial results for its treatment donanemab, which could become the ...
Despite Diet Coke‘s cultish following, sales have been in decline over perceptions of its health risks. Why it matters: A World Health Organization cancer agency on Thursday classified aspartame — a key sweetener — as possibly carcinogenic, though experts say that likely doesn’t mean you need to quit Diet Coke. Driving the news: Consumer concern about aspartame health warnings has already hurt Diet Coke sales. ...
The Consolidated Appropriations Act of 2021 created one of the largest transformations in employee health benefits regulation since 1943. It brought with it new transparency requirements, anti-gag clause requirements, broker compensation disclosure rules and more. Two years later, it remains a work in progress.
Pickleball, America’s fastest-growing sport, is taking a toll on players’ wrists, legs and shoulders. And it’s especially popular with injury-prone seniors, which is driving up the cost burden. Pickleball injuries may cost Americans $377 million in health care costs this year, accounting for 5% to 10% of total unexpected medical costs, UBS analysts estimated in a report ...
The National Association of Benefits and Insurance Professionals (NABIP) proudly announces Jessica Brooks-Woods as its incoming CEO and celebrates the remarkable tenure and service of outgoing CEO Janet Trautwein during the Annual Convention held in New Orleans, LA.
Major players in California’s health care field have reached a deal on how they want the state to spend $19 billion in proceeds of a renewed tax on insurance plans plus the federal funds that go with it — a development that followed months of private negotiations between bitter industry rivals, state lawmakers and the governor’s office.
Employers give themselves poor marks in terms of providing mental health services to their employees but high scores for supporting initiatives to improve diversity, equity and inclusion among their rank and file, according to a new survey by the Northeast Business Group on Health (NEBGH).