The World ’s Most Expensive Drug Is Now a $4.25 Million Gene Therapy
A new gene therapy for an ultra-rare disease will have a wholesale cost of $4.25 million, making it the world’s most expensive drug.
The one-time treatment, Lenmeldy, won U.S. regulatory approval on Monday to correct the underlying cause of a hereditary condition called early-onset metachromatic leukodystrophy, or MLD.
MLD is a fatal disease in which infants sometimes start to lose the ability to walk and talk. Orchard Therapeutics said the drug’s price “reflects its clinical, economic and societal value” in a statement Wednesday.
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Source: TIME: Health - March 21, 2024 Category: Consumer Health News Authors: Gerry Smith/Bloomberg Tags: Uncategorized healthscienceclimate wire Source Type: news
California doctors struggle to treat Medicaid patients because state rates haven ’t kept up
When Hunter Morgan bought an optometry practice in Southern California three years ago, one of the first things he did was start seeing patients who use Medicaid — the government-funded health insurance program for low-income people. The previous owners had not accepted patients on Medicaid, which…#huntermorgan #southerncalifornia #medicaid #encinitas #sandiego #gavinnewsom #legislature #medical #nt #newsom (Source: Reuters: Health)
Source: Reuters: Health - March 21, 2024 Category: Consumer Health News Source Type: news
California Wants to Pay Doctors More Money to See Medicaid Patients
(MedPage Today) -- SACRAMENTO, Calif. -- When Hunter Morgan, OD, bought an optometry practice in Southern California 3 years ago, one of the first things he did was start seeing patients who use Medicaid -- the government-funded health insurance... (Source: MedPage Today Public Health)
Source: MedPage Today Public Health - March 21, 2024 Category: American Health Source Type: news
Understanding Health Insurance: Deductibles vs. Out-of-Pocket Expenses
When it comes to health insurance, two terms often cause a lot of confusion: deductibles and out-of-pocket expenses. Both are about the money you pay for your healthcare, but they work in different ways. Imagine you have a piggy bank specifically for your health care costs. The rules for when and…#crowdhealthcom #keydifferences #crowdhealth (Source: Reuters: Health)
Source: Reuters: Health - March 20, 2024 Category: Consumer Health News Source Type: news
Hacked health care giant makes progress in recovery, but concerns for small clinics remain
The health insurance billing system in the United States is stabilizing following an unprecedented cyberattack on a key company last month, but smaller health clinics may still need help to ensure they can stay in business, senior Biden administration officials said Monday after meeting with…#changehealthcares #changehealthcare #unitedhealthgroup #aha #colorado #oregon #hhs (Source: Reuters: Health)
Source: Reuters: Health - March 18, 2024 Category: Consumer Health News Source Type: news
Idaho considers a ban on using public funds or facilities for gender-affirming care
Idaho lawmakers are expected to vote on a bill that would ban the use of any public funds for gender-affirming care, including for state employees using work health insurance and for adults covered by Medicaid (Source: ABC News: Health)
Source: ABC News: Health - March 18, 2024 Category: Consumer Health News Tags: Health Source Type: news
When Medicaid Comes After the Family Home
Federal law requires states to seek reimbursement from the assets, usually homes, of people who died after receiving benefits for long-term care. (Source: NYT Health)
Source: NYT Health - March 16, 2024 Category: Consumer Health News Authors: Paula Span Tags: Medicaid Health Insurance and Managed Care Real Estate and Housing (Residential) Elderly Poverty Death and Dying Home Health Care Elder Care Appraisals and Valuation (Property) Long-Term Care Insurance Collectors and Collections Scha Source Type: news
Kenya: Kenyans Living in Rural Areas Urged to Embrace New Health Fund
[Capital FM] Nairobi -- The Savannah Medical Hospital has urged people living in the rural areas to embrace the Social Health Insurance Fund (SHIF) to improve maternal health. (Source: AllAfrica News: Health and Medicine)
Source: AllAfrica News: Health and Medicine - March 11, 2024 Category: African Health Tags: East Africa Health and Medicine Kenya Source Type: news
Ask an Advisor: I'm a 54-Year-Old Nurse With $1 Million in Assets and a $7k Monthly Pension. Can I Retire Now?
I'm 54 with 26 years of service as a nurse. We go by the rule of 80 (your age plus years of service = 80) on our retirement plan. It will cover my health insurance. My pension will be around $7,000 per month minus taxes. I have a combined $750,000 in a 403(b) and Roth IRA. I also have $150,000 in…#socialsecurity #turbotax #quickcalculator #mattbecker #cfp #smartadvisormatch #smartreads (Source: Reuters: Health)
Source: Reuters: Health - March 10, 2024 Category: Consumer Health News Source Type: news
With Cyberattack Fix Weeks Away, Health Providers Slam United
Hospitals, doctors and clinics expressed frustration that they will have to wait even longer for reimbursements after hackers paralyzed the largest U.S. billing clearinghouse. (Source: NYT Health)
Source: NYT Health - March 9, 2024 Category: Consumer Health News Authors: Reed Abelson and Julie Creswell Tags: Health Insurance and Managed Care Hospitals Drugs (Pharmaceuticals) Cyberattacks and Hackers Drugstores Computers and the Internet UnitedHealth Group Inc Medicare Doctors ALPHV/BlackCat Federal Bureau of Investigation American Hospit Source Type: news
Where to Watch President Joe Biden ’s State of the Union Address Online
President Joe Biden will head back up to the podium to deliver his 2024 State of the Union to a joint session of Congress on Thursday. This third time around, he is expected to discuss lowering drug prices and expanding access to health insurance, border security and the construction of a new port…#gaza #donaldtrump #israel #capitol #unionontv #abc #stateofunion #unionespañol #katiebritt #republicanparty (Source: Reuters: Health)
Source: Reuters: Health - March 7, 2024 Category: Consumer Health News Source Type: news
These are the U.S. states with the highest —and lowest
This week, bill pay service doxo released its annual Household Bill Pay report, which breaks down how much the average U.S. household spends on essentials, including auto loans, utilities, health insurance, mortgages, and rent. The report found that 32% of American households pay rent and that…#uscensusbureau #hawaii #2022america #topstatesforbusiness #oahu #sofi #westvirginia #rentcafe #appalachian #mountainstate (Source: Reuters: Health)
Source: Reuters: Health - March 7, 2024 Category: Consumer Health News Source Type: news
Milwaukee-area Obamacare co-op breaking new ground with $100M loan payoff
Obamacare health-insurance cooperatives represent a concept — with a $2.4-billion price tag for loans — that largely failed, but a surviving Milwaukee-area co-op plans to soon pay off its multimillion-dollar loan balance. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - March 6, 2024 Category: Pharmaceuticals Authors: Rich Kirchen Source Type: news
Cyberattack Paralyzes the Largest US Health Care Payment System
The hacking shut down the nation ’s biggest health care payment system, causing financial chaos that affected a broad spectrum ranging from large hospitals to single-doctor practices. (Source: NYT Health)
Source: NYT Health - March 6, 2024 Category: Consumer Health News Authors: Reed Abelson and Julie Creswell Tags: your-feed-healthcare Health Insurance and Managed Care Finances Hospitals Drugs (Pharmaceuticals) Doctors Cyberattacks and Hackers Chemotherapy Cyberwarfare and Defense Medicare Politics and Government Drugstores United States Poli Source Type: news
Paid Family Caregivers in Indiana Face Steep Cutbacks
Now that federal pandemic-era funds are shrinking, states like Indiana are ending or curtailing programs that finance home care by relatives of seriously ill children and adults. (Source: NYT Health)
Source: NYT Health - March 4, 2024 Category: Consumer Health News Authors: Ted Alcorn and Kaiti Sullivan Tags: Health Insurance and Managed Care Medicaid States (US) Families and Family Life Coronavirus (2019-nCoV) Disabilities Home Health Care Budgets and Budgeting United States Politics and Government State Legislatures Government Contracts a Source Type: news
