ECRM_1170x120_4-15-17

Affordable Care Act

Outlook: New landscape for drug chains?

Outlook: New landscape for drug chains?

NEW YORK — Entering the second quarter of 2017, the chain drug industry was awaiting answers to a couple of big, lingering questions. First, what will the chain drug landscape look like? A significant change in the field of players is likely in store pending antitrust clearance of Walgreens Boots Alliance Inc.’s (WBA’s) deal to

Republicans renew attempt to repeal Obamacare

Republicans renew attempt to repeal Obamacare

WASHINGTON — The effort to end Obamacare is not over, although whether the Affordable Care Act will be completely shelved or recast is unclear. Despite last month’s aborted House vote on a replacement bill, Republicans continue to seek an alternative to the ACA that the whole party — and possibly some Democrats — can get

Public policy challenges take center stage

Public policy challenges take center stage

CVS Health earlier this month named Tom Moriarty to the new position of chief policy and external affairs officer. As explained by president and chief executive officer Larry Merlo, the rationale behind the creation of the role is to “deliver an integrated approach to policy development and external engagement so the company can contribute to

Lack of support sinks vote on Obamacare repeal

Lack of support sinks vote on Obamacare repeal

WASHINGTON — Republicans remained divided on a replacement for Obamacare late last month, as a House vote on the replacement American Health Care Act was aborted due to lack of support for the bill. House leaders pulled back the legislation despite a vow from President Trump to leave Obama’s signature law in place if Congress

Trump tries to galvanize support to repeal, replace ACA

WASHINGTON — President Donald Trump has called for bipartisan support for an overhaul of the Affordable Care Act, but his own party was divided on the issue. In his first speech to a joint session of Congress, Trump asked Republicans and Democrats “to save Americans from this imploding Obamacare ­disaster.” Reiterating his campaign rhetoric, the

Rise in U.S. health care spending projected to accelerate

WASHINGTON — The pace of growth in U.S. health care spending is expected to quicken this year, increasing 5.4% over 2016, according to a report by the Centers for Medicare & Medicaid Services (CMS). Health care spending last year hit $3.4 trillion, an amount that represents a 4.8% increase from 2015, CMS said in a

Administration reacts to turmoil in ACA exchanges

Administration reacts to turmoil in ACA exchanges

WASHINGTON — Humana Inc.’s decision to pull out of the health insurance exchanges created by the Affordable Care Act threatens to cripple Obama­care before Republican lawmakers bent on its repeal can cobble together a ­replacement. The Humana decision came one day before the Trump administration issued a proposed rule that attempts to offer insurers more

Grim outlook for health insurance exchanges

Grim outlook for health insurance exchanges

WASHINGTON — Humana Inc.’s decision to pull out of the health insurance exchanges created by the Affordable Care Act threatens to cripple Obama­care before Republican lawmakers bent on its repeal can cobble together a ­replacement. The Humana decision came one day before the Trump White House issued a proposed rule that attempts to offer insurers

Shakeup in the U.S. health insurance market

Shakeup in the U.S. health insurance market

NEW YORK — More turbulence has hit the health insurance sector with the apparent breakup of the Anthem-Cigna merger and Humana Inc.’s plan to pull out of the exchange market. Anthem Inc. on Wednesday said it has filed a lawsuit in the Delaware Court of Chancery against Cigna Corp., which yesterday afternoon announced its aim

Aetna, Humana terminate $37 billion merger

Aetna, Humana terminate $37 billion merger

HARTFORD, Conn., and LOUISVILLE, Ky. — After being blocked by a federal court, Aetna Inc. and Humana Inc. have decided to terminate their $37 billion merger deal. The health insurance giants said Tuesday that, with the move, Aetna will pay Humana a $1 billion breakup fee. Aetna said it also has ended its agreement to

Trump strikes blow at Affordable Care Act

Trump strikes blow at Affordable Care Act

WASHINGTON — In his first executive order after taking office, President Donald Trump ordered federal agencies to waive or delay any provisions of the Affordable Care Act they consider onerous to individuals, states or insurers. The order contained few specifics, however, and raised more questions about the fate and direction of the country’s health care

Federal court blocks Aetna-Humana merger

WASHINGTON — A federal judge last month temporarily blocked Aetna Inc.’s proposed acquisition of Humana Inc. The move stemmed from a ruling on a lawsuit brought last year by the Justice Department to prevent the health insurers from merging on the grounds that the deal would produce higher prices for consumers and fewer services for

HHS nominee Tom Price faces scrutiny

WASHINGTON — Tom Price, an orthopedic surgeon, a six-term Republican congressman from Georgia and a fierce critic of the Affordable Care Act, faced tough questions from Democrats about ethical issues and policy priorities during his confirmation hearing. But at presstime it appeared that he would be approved as Secretary of the Department of Health and

1 2 3 7