CVS to Buy 1,600 Drugstores From Target for $1.9 Billion

The voracious CVS Health is already a dominant player in nearly every corner of the health care world — it is the nation’s largest dispenser of prescription drugs, the biggest operator of health care clinics and the second-largest pharmacy-benefits manager. And with the news Monday that it had agreed to buy Target’s pharmacy and clinic ...

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Why People Don’t Buy Long-Term-Care Insurance

When it comes to long-term care, two facts stand out. First, an estimated 70% of people will need such care, which will be costly. And second, most of them refuse to buy insurance to cover it. The question is, why? Part of the explanation, no doubt, is that long-term-care insurance is expensive. Some people also ...

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White House Launches New Preventive Health Campaign

The Obama administration is announcing Thursday a new preventive health campaign, aimed at helping people who are newly insured under ObamaCare as well as others, better understand and use their coverage. The public awareness initiative, called “Healthy Self,” is intended to help people know about and use the preventive services that are available for free ...

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California Workers Comp Premiums Soar 11%

It’s still a far cry from the workers’ comp crisis of a decade ago, but workers’ comp premium volume soared nearly 11 percent last year, the third year in a row the tally has jumped by more than $1 billion. The total climbed to more than $11.4 billion last year, according to the California Workers’ ...

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Most Americans Say Drug Costs Are ‘Unreasonable,’ Although They Can Still Afford To Buy Them

Nearly three in four Americans say the costs of prescription drugs are “unreasonable” — and most blame drugmakers for those prices, according to a poll released Tuesday. The survey by the Kaiser Family Foundation found 74 percent of those taking prescription drugs find the costs unreasonable, as do 72 percent of those not taking such drugs. ...

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UnitedHealth, Anthem Seek to Buy Smaller Rivals

The two biggest health insurers by revenue, UnitedHealth Group Inc. and Anthem Inc., are seeking to buy smaller rivals in a merger scramble aimed at cutting costs as the companies cope with the federal health-care overhaul. UnitedHealth made a preliminary takeover approach to Aetna Inc. in the last few days, people familiar with the matter ...

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