The new numbers will affect what some employers owe if employees apply, and get, federal premium subsidies.
When medical insurance provider Centene (CNC) opened its books to investors on Friday, the company reported a surprising loss and an uptick in usage. The latter is a broader problem for the industry. In the second quarter, Centene reported an adjusted loss of $79 million and a “health benefits ratio” of 93%. Its benefits ratio, or the ...
The Centers for Medicare & Medicaid Services has published its preliminary technical Medicare Part D bid information for the 2026 contract year, with updates intended to limit significant increases in cost-sharing and premium hikes. The changes in how CMS approves certain standalone prescription drug plan (PDP) sponsors have resulted in the first-ever rejections of standalone PDP bids. ...
The European Union’s trade deal with the United States could cost the pharmaceutical industry between $13 billion and $19 billion as branded medicines become subject to a tariff of 15%, analysts said on Monday. The added costs could raise prices for consumers unless pharmaceutical companies take action to mitigate the impact of the tariffs, one of the ...
The American Benefits Council is urging Congress to consider the cost to employers, workers and their families as it proposes changes to the 340B drug pricing program.
Fortina Hernández is called “the one who knows it all.” For more than two decades, the community health worker has supported hundreds of families throughout southeast Los Angeles by helping them sign up for food assistance, sharing information about affordable health coverage, and managing medications for their chronic illnesses. She’s guided by the expression “an ...