The health insurance industry wants politicians to demand more transparency from private capital healthcare deals and increase oversight from health system consolidation, trade group AHIP wrote in letters to President Joe Biden and congressional leaders on Monday. AHIP describes policies that it believes will improve competition in the healthcare system and reduce costs. “In too ...
When she was Pennsylvania’s insurance commissioner, Jessica Altman, the appointee of a Democratic governor, often bumped against the political limits of health care policy in a state where Republicans controlled the legislature. Despite the constraints of a divided government, Altman played a key role in persuading lawmakers in 2019 to join Gov. Tom Wolf in passing ...
In its first analysis, the newly formed End Drug Shortages Alliance (EDSA) warns that the recent shuttering of a troubled Teva Pharmaceuticals manufacturing plant in Irvine, California, could affect the availability of 24 generic sterile injectable drugs, including 5 essential medications for which the company had an over 15% market share. The Israel-based, multinational Teva, one ...
Anthem’s shareholders have signed off on the insurer’s corporate rebrand as Elevance Health. With the shareholder approval, Anthem will commemorate the name change on June 28 by ringing the opening bell at the New York Stock Exchange before trading under the new ticker ELV, the company said in an announcement. “The result of today’s vote reflects the shareholders’ ...
When Johanna Trenerry found a nursing home for her husband after his stroke, she expected his stay would be temporary. He never came home. Arthur Trenerry died at Windsor Redding Care Center in Northern California in October 2020. The 82-year-old great-grandfather is among more than 9,900 California nursing home residents who have died of covid-19. The nursing ...
Even as other states surpass their pre-pandemic job levels, the Bay Area and California have recuperated from coronavirus-linked business shutdowns and closures at a mediocre pace. The feeble rebound means a full recovery from COVID-spawned job losses remains months away, and has prompted some experts to warn that the Golden State and Silicon Valley aren’t ...