Latest Health care costs News

Eyeing 2020, House empowers Medicare to negotiate drug costs

Dec. 12, 2019 3:22 PM EST

WASHINGTON (AP) — Sharpening their 2020 election message, House Democrats on Thursday pushed through legislation that would empower Medicare to negotiate prescription drug prices and offer new benefits for seniors. The vote along party lines was 230-192. Speaker Nancy Pelosi's bill would cap Medicare...

Tips for using flexible spending dollars before year's end

Dec. 11, 2019 4:33 PM EST

TRENTON, N.J. (AP) — Still have money set aside for medical expenses that you need to spend by the end of the year? There are plenty of ways to meet the deadline for flexible spending accounts, and you don't need to buy big-ticket items. You can use up the balance on everyday purchases like bandages and...

Democrats agree to North America trade pact: What's in it?

Dec. 11, 2019 12:22 PM EST

WASHINGTON (AP) — After months of political wrangling, House Democrats agreed Tuesday to President Donald Trump’s revamped version of a 25-year-old North American free trade agreement. But they pried some concessions out of the Trump administration before saying they’d go along....

White House backs emerging deal on consumer health costs

Dec. 9, 2019 5:34 PM EST

WASHINGTON (AP) — The White House endorsed an emerging bipartisan agreement Monday on legislation aimed at curbing rising health care costs, including taking steps to limit “surprise” medical bills that can plague patients treated in emergency rooms. While the deal's fate remained uncertain,...

UnitedHealth plans bargain bid for Diplomat Pharmacy

Dec. 9, 2019 10:35 AM EST

UnitedHealth plans to acquire Diplomat Pharmacy at a steep discount about a month after the specialty drug provider said it may not be able to make its debt payments. United Health Group's OptumRx said Monday that the company will spend $4 for each share of Diplomat in a cash tender offer. That’s 31%...

West Virginians head to Canada to find affordable insulin

Dec. 9, 2019 7:50 AM EST

MORGANTOWN, W.Va. (AP) — A group of West Virginians left the country Sunday in search of affordable insulin — they went to Canada, where insulin prices are reported to be about a tenth of what it costs people in the United States. Across the border, no prescription is even necessary to purchase the...

Bipartisan Medicare drug bill gets makeover to lower copays

Dec. 6, 2019 9:11 PM EST

WASHINGTON (AP) — A bipartisan Senate bill to curb prescription drug costs for Medicare recipients got a makeover Friday to lower copays and make it easier for seniors to budget for their expenses. The updated legislation unveiled by Sens. Chuck Grassley, R-Iowa, and Ron Wyden, D-Ore., would lower the...

Pelosi sets Medicare showdown on drug costs and new benefits

Dec. 5, 2019 5:02 PM EST

WASHINGTON (AP) — The House will hold a showdown vote next week on Speaker Nancy Pelosi's bill empowering Medicare to negotiate drug prices, expanded Thursday to provide seniors with dental, vision and hearing benefits not currently covered. Leading Democratic committee chairmen said the Congressional...

US report: Prescription drug prices down slightly last year

Dec. 5, 2019 4:03 PM EST

WASHINGTON (AP) — Prices for prescription drugs edged down by 1% last year, a rare result driven by declines for generics and slow, low growth in the cost of brand-name medications, the government said Thursday. Though modest, it was the first such price drop in 45 years, according to nonpartisan economic...

Health program offers free HIV prevention drug to uninsured

Dec. 3, 2019 9:39 AM EST

WASHINGTON (AP) — The government launched a new program on Tuesday to provide an HIV prevention drug for free to people who need the protection but have no insurance to pay for it. Taking certain anti-HIV drugs every day dramatically reduces the chances that someone who is still healthy becomes infected...