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.
More access to affordable weight-loss medications is coming this summer for adults on Medicare. Starting in July, certain Medicare enrollees can pay $50 a month for specific prescription GLP–1 medications, according to the Centers for Medicare and Medicaid Services. Medicare announced the pilot program for the popular weight loss medications on Wednesday. The Medicare GLP-1 Bridge program will run ...
HHS Secretary Robert F. Kennedy Jr. recently announced an action plan aimed at reducing the overprescribing of psychiatric medications. “Today, we take clear and decisive action to confront our nation’s mental health crisis by addressing the overuse of psychiatric medications — especially among children,” he said last week. “We will support patient autonomy; require informed ...
Employers want greater transparency in their pharmacy benefits, with many viewing a model that eschews rebates as a key way to get there, according to a new survey. The Penta Group surveyed 300 benefits decision-makers, half of whom hailed from companies with 1,000 to 4,999 workers and half from companies with more than 5,000 employees, for Evernorth. ...
Following a series of “most favored nation” (MFN) pricing deals with 17 large pharma companies, the Trump administration released a report Tuesday projecting a potential $529 billion in savings from the policy over the next decade. That $529 billion figure comes from an estimation of prospective MFN, in which biopharma companies pledge to launch all future U.S. ...
The American Medical Association (AMA) rolled out a comprehensive framework to protect physicians from unauthorized artificial intelligence-generated deepfakes. The guide, created by the organization’s Center for Digital Health and AI, aims to modernize physician identity protections while closing legal gaps. The AMA uses the term “augmented intelligence” when referring to AI to emphasize its assistive role in medicine. ...
A new task force will investigate healthcare fraud cases in Nevada, Arizona and part of California, the Justice Department announced Thursday. The West Coast Health Care Fraud Strike Force will combine resources from DOJ’s National Fraud Enforcement Division, and its the Health Care Fraud Section, with U.S. attorney’s offices in Nevada, Arizona and the Northern ...
In his earliest days in the governor’s office, Gavin Newsom huddled with his advisers to consider how to realize a key campaign promise: transforming a healthcare system replete with insurance company intermediaries into the nation’s first state-run single-payer model.
Fighting for health care claim approvals 05:19 UnitedHealthcare said on Tuesday it is eliminating “prior authorization” requirements for 30% of medical services that previously required insurer approval, a policy shift that could eliminate red tape and speed access to patient care. The move comes amid pressure on the health insurance industry to limit prior authorizations, ...
At Martin Luther King, Jr. Community Hospital, patients on gurneys line the hallways of the emergency department waiting for care, and overflow mental health patients are consigned to outdoor tents. The 152-bed hospital, which sits on a sprawling medical campus close to the predominantly Latino and Black neighborhood of Watts, is struggling for financial stability. ...
A salaried job with health benefits has long been considered the gold standard of employment in the US. But now, as sharply rising health care premiums eat into workers’ pay, young, healthy professionals are rejecting employer-sponsored insurance. Instead, they’re going without coverage or finding cheaper options, saying they can’t afford to be on the company plan. ...