As lawmakers scrutinize the nation's pharmacy benefit managers, the California insurer expects to save $500 million in annual drug costs by replacing most of CVS Health's PBM services by January 2025.
The Trump administration, perhaps surprisingly, chose to defend the legality of the Inflation Reduction Act’s (IRA’s) drug price negotiation program enacted under President Joe Biden. In a filing Feb. 19, the government agreed with the legal arguments used by the prior administration and by a lower court, dealing a blow to pharmaceutical drugmakers enraged by the program. ...
The federal government under the Trump administration has turned its focus to cutting costs, and a new report from the Blue Cross Blue Shield Association highlights policy efforts it says could save nearly $1 trillion in healthcare costs over the next decade. The road map includes 10 policy proposals for stakeholders to consider, and BCBSA said these ...
The Supreme Court on Monday scheduled arguments for April 21 in a case that could decide the legality of the Affordable Care Act’s (ACA) requirement that insurers cover certain preventive services. In a surprising move, the Trump administration said it will continue the Biden White House’s defense of that requirement. But some legal experts said ...
Last fall, before being named the senior U.S. health official, Robert F. Kennedy Jr. said the Trump administration would liberate Americans from the FDA’s “aggressive suppression” of vitamins, dietary supplements, and other substances — ending the federal agency’s “war on public health,” as he put it. In fact, the FDA can’t even require that supplements ...
A powerful California lawmaker wants to regulate how artificial intelligence systems interact with health plan participants. Assemblymember Mia Bonte, a Democrat who chairs the assembly’s Health Committee, has introduced a bill that would keep the developers and users of AI systems from having the AI systems imply that they are doctors, nurses or other types ...