Health-care stocks were poised to end the week in the red on Friday after lawmakers on Capitol Hill threatened to write new laws tightening control over the nation's largest pharmacy benefit mangers to curb skyrocketing drug costs.
Executives from CVS Health, Cigna, Prime Therapeutics, Humana and UnitedHealth's OptumRx testified about rising prescription drug costs before the Senate Finance Committee on Tuesday. The PBMs left the congressional hearing mostly unscathed but Chairman Sen. Chuck Grassley, R-Iowa, hinted the committee is ready to write new laws to bring down drug prices.
Separately, a federal appeals court in New Orleans said Wednesday it will hear arguments in July on a lawsuit backed by President Donald Trump to overturn Obamacare. Dismantling the health-care law would lead to 32 million more uninsured people in the U.S. by 2026, according to an estimate from the Congressional Budget Office.
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Health care is number one issue to voters: Texas DemRep. Colin Allred, D-Texas, discusses why health care is the number one issue in his district, what he's hearing from voters on health care and the way forward on health care. When will congress do their job and remove all illegals from our country. . $ 116bil per year it costs America. . what are they afraid of ? Look at those faces always hateful always angry never happy always promoting hate Trump narrative Well, you have your famed failure Obamacare!
Source: MSNBC - 🏆 469. / 51 Read more »
House Democrats demand Trump administration disclose Obamacare legal strategyDemocrats want to know whether Trump's newfound desire to campaign on health care influenced the decision to support a lawsuit invalidating Obamacare. Democrats demand I'm sick of hearing that how about doing your job taking care of country Executive privilege.
Source: politico - 🏆 381. / 59 Read more »
Digital health IPOs are finally coming to Wall Street, led by Livongo and Change HealthcareThe end of the digital health IPO drought is coming, with Livongo, Change Healthcare and Health Catalyst all gearing up for the public markets. Aloha! Listening to Elizabeth speak to the National Action Network. Really strong appearance I think. Good job Senator Warren & Thanks fou u r fight for ‘equal justice for all’!!! Ques: Does anybody favor a ‘makeover’ for Sen. Warren? Certainly not required But!!!WARRENFIGHTS
Source: CNBC - 🏆 12. / 72 Read more »
Superbug fungus a 'serious global health threat' as over 600 in US are infected: CDCSuperbug fungus a 'serious global health threat' as over 600 in US are infected, CDC says. That’s not grate news Bacteria/ fungus & who knows what else is being released as perms frosts melt.. Climate change is also a hot bed of diseases ( for lack of a better word) as more things are unleashed that have been frozen safelyfor a long time.. I blame the people who don't finish their antibiotics.
Source: ABC - 🏆 471. / 51 Read more »
Health and safety conditions worsen in US-subsidized housingNATCHEZ, Miss. (AP) — In this city known for pre-Civil War mansions, a young mother shared a government-funded apartment with her three small children and a legion of cockroaches. They... Get a job. Free stuff is never good If she put down the twinkies long enough to actually clean her apartment, it wouldn't be so bad 🤷🏻♂️ I feel bad that you laid in bed with a deadbeat...
Source: AP - 🏆 728. / 51 Read more »
De Blasio cites 'urgent steps' in declaring public health emergency for measlesNew York City Mayor Bill de Blasio declared a public health emergency in Williamsburg, the epicenter of the city's worst measles outbreak in a generation Based on the NY Times article below, Meredith McIver did as much for trump - or more - as Cohen, Hicks, Weisselberg, or Schiller, and we need to FINALLY hear from her. But if she’s another John Barron, then the entire press is guilty of EPIC malpractice. When people come into the country legally, they are screened for diseases and innoculated for things like measles. When they come in illegally, they are not. So, that's a problem. I got vaccinated, I don't have red bumps.
Source: politico - 🏆 381. / 59 Read more »
Senate Republicans and Democrats Unveil Health-Care PlansA group of Senate Republicans is reviving legislation aimed at guaranteeing protections for people with pre-existing conditions, as a group of Senate Democrats unveiled a bill calling for Medicare for All. SenSchumer sfpelosi GovHowardDean
Source: WSJ - 🏆 98. / 63 Read more »
Republicans Revive Efforts to Preserve Health-Law ProvisionsA group of Senate Republicans is reviving legislation that would guarantee protections for people with pre-existing conditions, an attempt to blunt the political advantage Democrats may have on health care before the election. The devil is in the details, heck i see them forcing insurance companies to offer insurance to folks with preexisting conditions at adjusted market rates. Making it technically true, but true like a dealership letting me buy a Ferrari at 10k a month. They’re not “proposing” it. They’ve always supported it. That’s another FakeNews smear allowed to run unchecked So they will probably gut the caps. Shell game.
Source: WSJ - 🏆 98. / 63 Read more »
Amazon is moving into health care, its next big marketAmazon isn't the everything store -- yet. No thanks Please Read: Due to Risk, Mail Order Pharmacy Is NOT Your Next Netflix & Blockbuster ' With each shipment, the risk of the package being destroyed, mishandled, stolen or delayed is a real threat to a patient's health. ' There is this issue with standard delivery services used to transport our meds by mail. Mail-order pharmacy has risks & patients must be warned. Because UPS doesn't seem to care any more than the PBMs CVS ExpressScripts OptumRX that force us to mail.
Source: CNBC - 🏆 12. / 72 Read more »
Prince Harry, Oprah work on mental health program for AppleGet breaking national and world news, broadcast video coverage, and exclusive interviews. Find the top news online at ABC news. Legendary. Partnership. Talk about getting born into the right family at the right time He better stay away from her
Source: ABC - 🏆 471. / 51 Read more »