It’s been nine months since the opening of the country’s largest all-electric acute care hospital in Irvine, California. UCI Health was already in the planning stages of its new Irvine campus when the University of California (UC) established a policy that no new or renovated buildings could burn fossil fuels for space and water heating. ...

Insurance broker Aon announced on Monday it will purchase rival USI Insurance Services from private equity firm KKR. The $17 billion deal, which will be funded by Aon with new debt, is anticipated to close in the fourth quarter, subject to regulatory approvals. CEO Greg Case in an appearance on CNBC’s “Squawk Box” Monday said that the merger ...

Employers are expecting a median 9.2% increase in medical spending next year, according to a new survey. But they’ve underestimated actual cost growth for the past three years.

Many workers are financially vulnerable to unexpected medical expenses despite having access to at least some employer-sponsored benefits, according to new research from the Employee Benefit Research Institute in collaboration with Lincoln Financial. “Our findings suggest that many workers simply do not have the financial cushion to absorb today’s health care costs,” said Bridget Bearden, director ...

Carlos A. grew up in a family on Medicaid, which made healthcare an afterthought since the public insurance is free for low-income enrollees. But when he received a raise two years ago, he found himself earning too much to qualify for the safety net program. And when he browsed Covered California plans, he found that ...

Some four months after the White House inked the last of its expected drug pricing deals with 17 of the industry’s top players, the U.S. government is back for round 2, this time lining up agreements with a host of medium-sized biopharmas under President Trump’s ‘most favored nation’ agenda. Up at the dealmaking table for ...