Court rules against Rancho Cordova's Health Net Federal Services, confirming loss of $65B government contract
The federal claims court last week squashed a Rancho Cordova health insurance company ’s last hope of re-upping a Department of Defense contract now worth more than $65 billion. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - February 7, 2024 Category: Pharmaceuticals Authors: Emily Hamann Source Type: news
Kevin Spacey Whittles $31M Owned To ‘House Of Cards’ Producer Down To $1M & Turns Witness Against Insurance Companies
UPDATE, 8:25 PM: It is the kind of deal Frank Underwood would look to the camera andgloat over. After years of Kevin Spacey battling House of Cards producer MRC over contract breaches arising from sexual misconduct allegations during his stint as the fictional politician and POTUS on the Netflix…#frankunderwood #kevinspacey #houseofcards #mrc #netflix #spacey #mrcii #hoc #lasuperiorcourt #markepstein (Source: Reuters: Health)
Source: Reuters: Health - February 7, 2024 Category: Consumer Health News Source Type: news
Wall Street titans are betting big on insurers. What could go wrong?
Blackstone listed on the New York Stock Exchange during the summer of 2007. Doing so just before the global financial crisis was hardly auspicious, and come early 2009 the firm’s shares had lost almost 90% of their value. By the time the two other members of America’s private-markets troika rang…#blackstone #kkr #apollo #athene #bermuda #globalatlantic #tpg #naic #federalreserve #clos (Source: Reuters: Health)
Source: Reuters: Health - February 6, 2024 Category: Consumer Health News Source Type: news
Does insurance cover flooding and mudslides?
This week’s rain is turning streets into creeks and hillsides into mudslides. Homeowners across Southern California are facing major damage to their homes as a result — and in most cases, they won’t get any help cleaning up the mess from their insurance companies. The standard homeowners’ policy…#southerncalifornia #californians #nfip #losangelescounty #janetruiz #montecito #ruiz #rollinghillsestates (Source: Reuters: Health)
Source: Reuters: Health - February 5, 2024 Category: Consumer Health News Source Type: news
Manulife will cover specialty drugs filled at any pharmacy following backlash to Loblaw deal
Manulife will cover specialty drugs filled at any pharmacy, the insurance company said Monday, backtracking on its decision to only cover drugs filled at Loblaw-owned pharmacies less than a week after the exclusivity deal was announced. (Source: CBC | Health)
Source: CBC | Health - February 5, 2024 Category: Consumer Health News Tags: News/Business Source Type: news
Insurers such as State Farm and Allstate are leaving fire- and flood-prone areas. Home values could take a hit
What happens when a homeowner can't get insurance Without insurance, many homeowners can find themselves in big financial trouble. Darlene Tucker, 66, and Tom Pinter, 68, are longtime homeowners in Sonora, California. The couple bought their "dream home" 18 years ago and have been enjoying their…#darlenetucker #tompinter #sonora #allstate #kevelighan #proposition103 #statefarm (Source: Reuters: Health)
Source: Reuters: Health - February 5, 2024 Category: Consumer Health News Source Type: news
‘Make money by denying care’: new US rules aim to curb use of approval by private health insurances
A new set of rules from the Biden administration seeks to rein in private health insurance companies’ use of prior authorization – a byzantine practice that requires people to seek insurance company permission before obtaining medication or having a procedure. The cost-containment strategy often…#aijanemeraanerud #nemeraanerud #nemeraaneruds #medicare #medicaid #healthinsuranceplans #cms #carlymorton #beaver #pennsylvania (Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
Cigna Reports $1 Billion Profit Ahead Of Insurer ’s Shift From Medicare
The Cigna Group reported a $1 billion profit in the fourth quarter on solid growth of its health insurance plans and Evernorth health services. (Source: Forbes.com Healthcare News)
Source: Forbes.com Healthcare News - February 2, 2024 Category: Pharmaceuticals Authors: Bruce Japsen, Senior Contributor Tags: Healthcare /healthcare Innovation /innovation business pharma standard Source Type: news
Japan Insurers Fall After Aozora Bank Sparks US Property Concern
(Source: Reuters: Health)
Source: Reuters: Health - February 2, 2024 Category: Consumer Health News Source Type: news
When testing costs you: the genetic dilemma confronting Australians with life insurance
With insurance companies using genetic information to set prices and policies, advocates say the need for protection against genetic discrimination is ‘urgent’Get ourmorning and afternoon news emails,free app ordaily news podcastAfter her mother was diagnosed with breast cancer, Meg Herrmann decided to get genetically tested for a hereditary cancer-causing gene.“I thought, ‘I need to know.’ Hereditary cancer can develop at any point in your life and you have a 70% likelihood that it’ll develop,” the Brisbane PhD candidate says.Continue reading... (Source: Guardian Unlimited Science)
Source: Guardian Unlimited Science - February 1, 2024 Category: Science Authors: Daisy Dumas Tags: Australia news Health Insurance (Australia) Genetics Source Type: news
3 strategies to break down barriers to breastfeeding and lower women ’s risk of breast cancer
Key takeawaysEven though the Affordable Care Act requires coverage of “comprehensive lactation support” families are often unclear about what their insurance offers.Parental leave should be longer and paid for both parents, study participants said.Workplace owners, managers and employees should be better informed about family leave rights.When it comes to encouraging women in California to breastfeed, health care providers, insurance companies and employers need to be doing more, according to recommendations in anew report from theUCLA Center for Health Policy Research.Breastfeeding has been shown in studies tolower th...
Source: UCLA Newsroom: Health Sciences - January 31, 2024 Category: Universities & Medical Training Source Type: news
Biogen Plans to Shut Down Its Controversial Alzheimer ’ s Drug Aduhelm
Biogen will stop developing its Alzheimer’s treatment Aduhelm, a drug once seen as a potential blockbuster before stumbling soon after its launch a couple years ago.
The drugmaker said Wednesday that it will end a study of the drug needed for full approval from the Food and Drug Administration, and it will stop sales of Aduhelm.
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Patients taking doses of Aduhelm available through the commercial market can continue until November. A company representative said there are about 2,500 people worldwide taking Aduhelm.
Biogen said it will turn its focus more to other tr...
Source: TIME: Health - January 31, 2024 Category: Consumer Health News Authors: Tom Murphy/AP Tags: Uncategorized healthscienceclimate wire Source Type: news
Ethical AI in Insurance Consortium Announces Webinar Unveiling the State of Ethical AI and Insurer Plans for AI Use in 2024
The March 12th Webinar is Sponsored by Fenris Digital. The EAIC will publish its AI Code of Ethics following the webinar and survey report release. AUSTIN, Texas, Jan. 31, 2024 /PRNewswire-PRWeb/ -- The Ethical AI in Insurance Consortium (EAIC), a 17-member organization of insurers,... (Source: PRWeb: Medical Pharmaceuticals)
Source: PRWeb: Medical Pharmaceuticals - January 31, 2024 Category: Pharmaceuticals Tags: SVY Source Type: news
Why Are We Letting Insurers Dictate Patient Care?
(MedPage Today) -- When patients are suffering from life-threatening illnesses or debilitating health conditions, the only thing that should matter is delivering appropriate evidence-based treatments in a timely manner. For that, patients rightly... (Source: MedPage Today Public Health)
Source: MedPage Today Public Health - January 30, 2024 Category: American Health Source Type: news
Manulife says coverage of some specialty drugs will only apply at Loblaw-owned pharmacies
Canadian insurance company Manulife announced that its coverage of certain specialty prescription drugs will only apply at Loblaw-owned pharmacies, a deal that pharmacare policy experts say raises concerns about competition and patient access to much-needed medication. (Source: CBC | Health)
Source: CBC | Health - January 30, 2024 Category: Consumer Health News Tags: News/Business Source Type: news
