California Governor Signs Sweeping Pharmacy Benefit Manager Bill

California Gov. Gavin Newsom signed a bill Saturday that will revamp the laws governing pharmacy benefit managers operating in his state. The bill “represents the most aggressive effort in the country to lower prescription drug costs,” Newsom said in a bill signing statement. The new California PBM law appears to be broader than the PBM laws ...

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AstraZeneca Makes Deal With White House to Lower Drug Prices

AstraZeneca became the second drugmaker to enter a deal with the Trump administration to offer lower prices to Medicaid and to offer some of its drugs at a discount through TrumpRx, a government website to facilitate sales directly to consumers. “In other words the lowest price anywhere in the world, that’s what we get,” President Trump ...

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Tens Of Thousands Of Kaiser Workers To Begin Strike: 7 Things To Know

Tens of thousands of Kaiser Permanente workers across multiple states are set for a five-day strike Oct. 14. Seven things to know: 1. The strike involves several member locals of the Alliance of Health Care Unions, a federation of 23 union locals representing 62,000 employees. A spokesperson for Oakland, Calif.-based Kaiser told Becker’s that about 43,000 workers represented by ...

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Small Employers To Be Hit Hardest As Federal Health Coverage Rolls Back

The government health program fights in Washington could hit small employers hard, because government programs provide health benefits for 19% of their workers. Medicaid covers 5% of all U.S. workers and 11% of workers at employers with fewer than 50 employees, according to a Commonwealth Fund survey results posted Thursday. Individual and family plans purchased through the ...

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Vance Says ACA Tax Credits Fuel Fraud

Vice President Vance said Sunday that subsidies offered under the Affordable Care Act (ACA) fuel waste and fraud in the insurance industry, as Republicans refuse Democratic demands to extend the tax credits ahead of open enrollment next month. “The tax credits go to some people deservedly. And we think the tax credits actually go to a lot of waste ...

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California’s Nursing Shortage Is Getting Worse. Front-Line Workers Blame Management.

California, like much of the nation, is not producing enough nurses working at bedsides to meet the needs of an aging and diverse population, fueling a workforce crunch that risks endangering quality patient care. Nearly 60% of California counties, stretching between the borders with Mexico and Oregon, face a nursing shortage, according to state data. Democratic Gov. Gavin ...

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