Recent downturns in the stock market have some retirement savers questioning the long-held wisdom that slow and steady wins the race. Between the end of March and mid-June 2022, the S&P alone dropped more than 20%, and fears of recession have many worrying that this decline is only the tip of the iceberg.
Buzzy, venture-backed startups and big tech companies that have promised to disrupt health care are indeed doing so — including by shuttering services that early adopter patients may have come to rely on. Following its deal to acquire primary care tech company One Medical, Amazon announced it was ending its own virtual- and in-person health service Amazon ...
In a recent report, analysts at management consulting firm McKinsey have outlined the risks inflation poses to the insurance industry, noting how US P&C insurers can build resilience against it. The report writes that the insurance industry faced profitability challenges even before the pandemic, and the sudden unexpected spike in inflation has only added to ...
CVS Health has acquired Signify Health, besting Amazon, UnitedHealth Group and others in acquiring the home health platform. CVS has entered a definitive agreement to acquire Signify Health for $30.50 per share in cash, representing a total transaction value of approximately $8 billion, CVS announced on Monday. Signify was reportedly for sale by auction, with board members holding a meeting on ...
The Biden administration needs to back off a massive overhaul to risk adjustment audits for Medicare Advantage (MA) plans, according to insurers that say the proposal unfairly targets prior audits dating back a decade. Insurer advocacy groups and providers submitted comments to a request for information on how to improve the MA program. Insurers turned ...
In order to stay in sync with the latest Centers for Disease Control and Prevention (CDC) recommendations, it’s time to say bye, bye, bye to the original Covid-19 mRNA booster vaccines. Or perhaps bivalent, bivalent, bivalent. Going forward, bivalent versions of the Pfizer/BioNTech and Moderna Covid-19 mRNA boosters are what’s going to be available, replacing ...