Some Small Businesses Could Face Significantly Higher Taxes This Year

Taxes are one of the most significant expenses for many small businesses, so when the government changes tax laws, it can have a big impact. The good news for 2023 is that it seems unlikely that there will be any major tax legislation coming our way. However, thanks to some of the expiring provisions from ...

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Legal Challenges To No Surprises Act Regulations Leave Dispute Resolution Process In Flux

Enacted at the end of 2020, the federal No Surprises Act (NSA) prohibits certain health care providers and facilities that provide their services outside of health plan provider networks from “balance billing.” As a result, those providers and facilities cannot hold patients responsible for the difference between what the provider or facility charges and what ...

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U.S. Sues Rite Aid For Missing Opioid Red Flags

The U.S. government on Monday sued Rite Aid Corp (RAD.N), accusing the pharmacy chain of missing “red flags” as it illegally filled hundreds of thousands of prescriptions for controlled substances, including opioids. In a complaint filed in Cleveland federal court, the Department of Justice said Rite Aid repeatedly filled prescriptions from May 2014 to June 2019 ...

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California Moves To Cap Insulin Cost At $30

California Gov. Gavin Newsom (D) on Saturday announced the state is manufacturing its own insulin and capping the cost at $30. California’s CalRx initiative has partnered with nonprofit generic drug manufacturer CIVICA to make the drug and bring the price down by around 90 percent, according to the governor’s office. “California will be manufacturing some of America’s most affordable ...

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Gov. Newsom Proposal Would Add Billions For Mental Health Treatment Beds

In a major legislative proposal to combat the state’s growing homelessness crisis, Gov. Gavin Newsom announced Sunday an effort to push billions of dollars toward building a vast network of treatment beds to help California’s mentally ill and drug-addicted residents find care. Through a bond measure that could reach up to $5 billion, the governor ...

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FDA’s Robert Califf Calls On Insurers To Help Providers Participate In Critical Clinical Drug Trials

Insurers must do more to help providers participate in clinical trials that can confirm the effectiveness of drugs granted accelerated approval, Food and Drug Administration Commissioner Robert Califf, M.D., told a room full of payer executives Thursday. Califf spoke about how to improve the accelerated approval process during a session at the AHIP 2023 Medicare, ...

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