Latest Health care costs News
Insurers add food to coverage menu as way to improve health
When COVID-19 first swarmed the United States, one health insurer called some customers with a question: Do you have enough to eat? Oscar Health wanted to know if people had adequate food for the next couple weeks and how they planned to stay stocked up while hunkering down at home. “We’ve seen...
Biden charts new US direction, promises many Trump reversals
WASHINGTON (AP) — Stop. Stabilize. Then move — but in a vastly different direction. President-elect Joe Biden is pledging a new path for the nation after Donald Trump’s four years in office. That starts with confronting a pandemic that has killed 400,000 Americans and extends to sweeping...
Liz Weston: Start 2021 off strong with these money moves
After the train wreck that was 2020, you may well question whether it’s worth trying to plan anything. But knocking off a few financial tasks early in the year can better prepare you for whatever 2021 has in store. FILE YOUR TAX RETURN ASAP Filing your tax return early typically means getting your refund...
White House wins ruling on disclosing health care prices
WASHINGTON (AP) — A federal judge on Tuesday ruled in favor of the Trump administration's plan to require hospitals and insurers to disclose the actual prices for common tests and procedures. The White House praised the decision to reject the American Hospital Association's challenge to the plan. The rule...
Trump plan to curb drug costs dealt setback in court
WASHINGTON (AP) — A late-term maneuver by President Donald Trump to use lower drug prices paid overseas to limit some of Medicare's own costs suffered a legal setback Wednesday that appears likely to keep the policy from taking effect before the president leaves office. U.S. District Judge Catherine C....
Liz Weston: Got life insurance? You may not have enough
You probably need life insurance if your death would cause financial hardship to someone else. If the only coverage you have is through your job, though, you may not have enough. Fortunately, buying life insurance has gotten easier in some ways during the pandemic. Plus, coverage may be cheaper than you think....
Trump tries to revive stalled election-eve drug discounts
WASHINGTON (AP) — The Trump administration is trying to revive the president's stalled election-eve plan to send millions of Medicare recipients a $200 prescription discount card. A person familiar with the effort tells The Associated Press that government agencies still face legal questions about the...
Pandemic tames health care cost growth for some employers
Large U.S. employers saw their smallest health care cost increase in more than two decades due to COVID-19, and workers may benefit from that next year, according to the consulting firm Mercer. Patients stayed home and out of doctor’s offices this year to avoid the global pandemic, and that led to an...
Biden picks Xavier Becerra to lead HHS, coronavirus response
WASHINGTON (AP) — President-elect Joe Biden has picked California Attorney General Xavier Becerra to be his health secretary, putting a defender of the Affordable Care Act in a leading role to oversee his administration's coronavirus response. Separately, Biden picked a Harvard infectious disease expert,...
Lawsuit: Transgender teen's health insurance violated ACA
TACOMA, Wash. (AP) — A lawsuit brought by a Bremerton family says an insurance company violated the Affordable Care Act by failing to cover gender-affirming health care for a transgender teenager. Pattie Pritchard sued Blue Cross Blue Shield of Illinois on behalf of her 15-year-old son, The News Tribune...
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