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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.

Health System’s Tech Vulnerabilities Exposed Again

The CrowdStrike internet meltdown that wrecked havoc with some health systems’ procedures and billing on Friday could be a harbinger of future threats and disruptions to medical facilities, experts said. Why it matters: The U.S. health system is still dealing with fallout from the massive Change Healthcare ransomware attack and other incidents that have underscored the sector’s reliance on a few key ...

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U.S. News Releases 2024-2025 Best Hospitals Rankings, Adds MA, Outpatient Outcomes To Methodology

U.S. News & World Report is out with its latest ranking of the country’s best hospitals, this time with the addition of data on Medicare Advantage-covered patients and much more outpatient care encounters than in years past. The closely watched 2024-2025 list, which reviews data for over 4,500 of the nation’s hospitals, designates 466 of these ...

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Word & Brown Senior Director of Education Paul Roberts Named to NABIP’s National Legislative Council, Re-elected to CAHIP Board of...

Word & Brown General Agency Senior Director of Education and Market Development Paul Roberts, REBC, has been selected to join the National Association of Benefits and Insurance Professionals (NABIP) 2024-2025 National Legislative Council.

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How Chevron’s Demise Could Impact Employers, Purchasers And Health Payers

Healthcare legal observers are still reacting to the Supreme Court’s recent decision to gut the Chevron doctrine, fundamentally altering the power federal agencies have to handle regulations as they find appropriate. While the aftermath of the decision will likely play out in the months and years to come, many are keeping an eye out for ...

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Attorneys General File Amicus Brief Supporting Oregon’s Drug Price Transparency Law

California Attorney General Rob Bonta has led 21 attorneys general in filing an amicus brief in the case of Pharmaceutical Research & Manufacturers of America v. Stolfi, advocating for laws that enhance drug price transparency. The brief, submitted to the Ninth Circuit Court of Appeals, supports Oregon’s House Bill 4005, which mandates pharmaceutical manufacturers to ...

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Feds Tackle Dialysis Giants With Antitrust Probe

The Federal Trade Commission investigation of DaVita and Fresenius Medical Care follows years of consolidation in the dialysis industry.

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CMS’ Proposed 2.8% Physician Pay Decrease For CY2025 Earns Quick Condemnation From Docs

The Biden administration is proposing a 2.8% decrease to physician payments in its newly released pay proposal for physicians, drawing near-immediate protest from the industry. Unveiled Wednesday afternoon, the calendar year 2025 Medicare Physician Fee Schedule proposed rule outlines new policies focused on primary care, preserved telehealth flexibilities and a strengthened Medicare Shared Savings Program ...

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Pharmacy Middlemen Appear To Be Inflating Drug Prices, FTC Says

The Federal Trade Commission released a critical report detailing how pharmacy benefit managers—like CVS Health’s Caremark, Cigna’s Express Scripts and UnitedHealth’s Group OptumRx, which manage 80% of American prescriptions—could be driving up the costs of some medications and favoring their own pharmacies at the expense of independent drug stores.

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FTC Staff Objects To Big PBMs ‘Outsized Influence’ In Interim Report

The Federal Trade Commission staff is having trouble getting information from the big pharmacy benefit managers, but it believes that the big PBMs may have too "outsized influence" over the U.S. pharmaceutical system and may be steering prescription revenue to their own pharmacies.

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FTC Preparing Suit Against Drug Middlemen Over Insulin Rebates

The Federal Trade Commission is preparing a lawsuit against the three largest drug intermediaries over their use of rebates for insulin and other drugs, according to a person familiar with the probe. The agency has been investigating whether the rebate practices of insulin manufacturers and three pharmacy benefit managers — units of CVS Health Corp., ...

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