Latest Health care industry News
UnitedHealth says wide swath of patient files may have been taken in Change cyberattack
UnitedHealth says files with personal information that could cover a “substantial portion of people in America” may have been taken in the cyberattack earlier this year on its Change Healthcare business. The company said Monday after markets closed that it sees no signs that...
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
WASHINGTON (AP) — Rarely a day goes without President Joe Biden mentioning insulin prices. He promotes a $35 price cap for the medication for Americans on Medicare — in White House speeches, campaign stops and even at non-health care events around the country. His reelection...
World Bank's Banga wants to make gains in tackling the effects of climate change, poverty and war
WASHINGTON (AP) — There was no shortage of stressors to the global economy when Ajay Banga took charge at the World Bank almost a year ago: inflation eating at nations drowning in debt, a once-in-a-generation pandemic, climate disasters and Russia's invasion of Ukraine. Factor in...
Cyberattack costs hit UnitedHealth in 1Q that still turns out better than expected
UnitedHealth Group trounced first-quarter expectations even as costs from a cyberattack to its Change Healthcare business ate into the company’s performance. The health care giant also said Tuesday that care patterns in the year’s first quarter met its expectations after soaring...
J&J to pump another $13B into its MedTech business with Shockwave deal
Johnson & Johnson is pumping more money into heart care with a roughly $13 billion deal for Shockwave Medical, which specializes in technology that helps open clogged arteries. The health care giant said Friday that it will spend $335 in cash for each share of Shockwave. The...
Editorial Roundup: Nebraska
Lincoln Journal Star. March 9, 2024. Editorial: Piecemeal approach to tax reforms brings danger Increase the sales tax by 1 or 2 cents to offset property taxes. Eliminate sales tax exemptions to build receipts to the state general fund. Repeal the inheritance tax. Put...
Senate leaders in Rhode Island hope 25-bill package will make health care more affordable
PROVIDENCE, R.I. (AP) — Senate leaders in Rhode Island are pushing a 25-bill package aimed at making health care more affordable and easier to access. One piece of the package would let the state buy medical debt using federal COVID-19 dollars. Under the proposal, the state could...
Millennial Money: 5 financial mistakes to avoid when you are self-employed
When you become self-employed, you join millions of other business owners hoping to materialize their dreams. However, navigating the murky waters of self-employment can be challenging, especially during the early stages. While there are no guarantees in business, there are some...
Kate Ashford: Can you afford health care in retirement?
At age 65, some couples may need as much as $413,000 to cover health care costs in retirement, according to a January report from the Employee Benefit Research Institute. That’s an extreme case, representing two people with high prescription drug costs — but it’s not outside the realm of...
Maryland House OKs bill to enable undocumented immigrants to buy health insurance on state exchange
ANNAPOLIS, Md. (AP) — The Maryland House approved a measure on Friday to enable people to buy health insurance through the state’s health care exchange regardless of their immigration status, with the approval of a federal waiver. The House voted 101-34 for the bill, which now...
