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.
Health insurance premiums and related costs are a significant burden for small businesses, and a new study from banking giant JPMorgan Chase finds that many dropped coverage from one year to the next to mitigate the expense. The report, compiled by the JPMorgan Chase Institute, found that about a third of small businesses canceled their coverage between ...
Even before President Trump’s announcement that he plans a “major tariff” on pharmaceuticals, the sector was getting hammered in the markets — and not just over concerns about higher costs. Why it matters: Investors are also responding to broader uncertainty about the Food and Drug Administration and how the industry will be regulated, experts tell Axios. ...
The future of benefits selection should feel less like an overwhelming trip to an unfamiliar supermarket and more like the seamless, intuitive experience of online shopping.
A coalition of states sued the Trump administration last Tuesday over its decision to cut $11 billion in federal funds that go toward COVID-19 initiatives and various public health projects across the country.
Federal Judge Temporarily Blocks $11 Billion In Trump Administration’s Cuts To Public Health Funding
A federal judge last Thursday temporarily blocked the Trump administration's move to cut over $11 billion in public health funding to states after 23 states and the District of Columbia sued to keep the funding intact.
The Centers for Medicare & Medicaid Services (CMS) finalized an increase of the average benchmark payments to Medicare Advantage (MA) plans by 5.06%, or $25 billion, on Monday. It is nearly a three-percentage-point increase over the advance notice proposed in the waning days of the Biden administration and will be seen as favorable to payers. ...
Commonly used drugs like Novo Nordisk’s Ozempic were exempt from President Donald Trump’s expansive reciprocal tariffs announced earlier this week, which are expected to drive prices up across several industries, though analysts and Trump have warned that future tariffs will likely target imported medicines. Key Facts Trump imposed a baseline 10% on most U.S. imports ...
Gov. Gavin Newsom sent an urgent appeal to the U.S. Department of Agriculture on Saturday, imploring the department to reverse the abrupt cancellation of a Biden-era program that feeds millions of California families and has served as a lifeline for hundreds of small farmers since its inception in 2021. “The irrational and malicious slashing of funds ...
Nevada Attorney General Aaron Ford joined a coalition of attorneys general from 23 states in filing a lawsuit Tuesday against the U.S. Department of Health and Human Services and its head Robert F. Kennedy Jr. for terminating nearly $12 billion in public health grants. Ford claims that the terminating of grants was illegal and would ...
It’s a holy grail of health care: forcing the industry to reveal prices negotiated between health plans and hospitals — information that had long been treated as a trade secret. And among the flurry of executive orders President Donald Trump signed during his first five weeks back in office was a promise to “Make America ...