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Industry Updates

This broad category includes articles concerning health insurance costs, carrier and health plan news, changing benefits technology, and surveys by the Kaiser Family Foundation and others on employee benefits.

Key Health Care Takeaways From President Biden’s State Of The Union Speech

President Joe Biden made health care affordability a centerpiece of Thursday evening's address, announcing he is calling on Congress to expand the $2,000 out-of-pocket Medicare prescription cap to all private insurance.

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Despite Increased Focus By Employers, Workers Expect More Wellbeing Benefits

A troublesome 2 in 3 employees would change their jobs for better benefits, and 46% of workers are actively considering a job change in 2024.

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Biden Signs $460B Spending Bill With Doc Pay Bump, Delayed DSH Cuts And Community Health Funding

The Senate followed the House by clearing a spending package Friday night that keeps a portion of the federal government funded until September and prevents a partial government shutdown.

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Breaking Down Biden’s $7.3T Proposed Budget For 2025: Here Are His Top Health Priorities

The administration said his budget (PDF) will lower healthcare costs and drug prices, expand access to prescription drugs, build upon the Affordable Care Act (ACA) and fortify Medicare through a tax on the wealthy. Many of these priorities were previewed during Biden's State of the Union address last week.

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The US Pays Double That Of Other Countries For Prescription Drugs

President Biden's recent campaign statement is backed up by research, which has consistently found that U.S. Rx prices are significantly higher, sometimes 2-4 times as high, compared with prices in other countries.

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Medicare Announces Emergency Funds For Doctors Affected By Change Healthcare Hack

Federal health officials on Saturday said they would offer emergency funding to physicians, physical therapists and other professionals that provide outpatient health care, following a cyberattack that crippled the nation’s largest processor of medical claims and left many organizations in financial distress. The Centers for Medicare and Medicaid Services also announced that it would make ...

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Employers Prioritize Wellness Over The Cost Of Benefits, New Study Finds

In the previous three years, price per employee was the top benefit consideration for employers, however this year it dropped by 22%, landing in third place.

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Mark Cuban’s $141K Mistake: The Cost Plus Drugs Cofounder Says CEOs Don’t Understand Health Care Coverage, And It’s Costing Them...

When a CEO fails to grasp the nuances of their company’s health care costs, it’s not just the bottom line that suffers. Employee efficiency and productivity could plummet, too, not to mention the corrosion of company culture. For these reasons, billionaire entrepreneur and Cost Plus Drugs cofounder Mark Cuban urges business leaders to take a hard look ...

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Biden’s Cancer Moonshot Is Expanding: New Patient Navigators, Insurance Coverage

More than a half dozen large private health insurance companies have agreed to cover the cost of navigators who guide cancer patients and their families through the confusing array of medical appointments and drug treatments that follow a diagnosis. The expansion of the cancer navigator program, part of President Joe Biden’s ambitious Cancer Moonshot, is ...

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Microsoft Forms Health AI Governance Network

The tech giant is standing up the group with 16 health systems, two healthcare technology companies and zero AI development rivals.

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