Latest Daily Edition Stories
Rising health care costs are forcing otherwise financially secure Americans to make tough decisions about who in their family gets coverage. David and Maribel Maldonado’s struggles are highlighted in a Bloomberg series looking at the painful financial and medical trade-offs Americans are making just to get care.
Gavin Newsom sailed to victory with help from supporters who are backing him because he champions a single-payer future for California. But the opposition to the model remains stiff.
The retail pharmacy chain expects the deal to close before Thanksgiving. Also in the news, Eli Lilly reports strong third-quarter profits and Sanofi and Regeneron’s eczema cream receives positive feedback from the Food and Drug Administration.
Exit polls indicate that health care was a top issue for Californians, as well as most other voters around the country. And Democrats’ ability to win back a majority of the U.S. House of Representatives is seen by many as a political reversal of fortunes for the Affordable Care Act.
Medicare, Medicaid, preexisting conditions, high prescription drug costs: These buzz words are not likely to go away once the election-day dust settles. But what are the chances that the two chambers can find a common path forward. News outlets examine whether anything can get done in the wake of this split decision.
The health insurer allegedly used aggressive tactics to sell sham plans — one of which was named TrumpCare — that skirt the requirements of the Affordable Care Act, leaving people around the country with skimpier coverage than they expected and liable for unpaid medical bills. Also, more national news on Medicare Part B premiums and FDA’s approval of a new opioid.
The national issues in play also include Medicare-for-all, Medicaid expansion, marijuana legalization and soda taxes.
Democrats are hammering congressional Republicans who supported upending the Affordable Care Act, which guaranteed that people with medical problems could get coverage. GOP candidates and President Donald Trump vow that they would not take that away from patients, but they have not offered any plan.
A Los Angeles County Superior Court judge on Friday set a date for June 10 in the suit, known as Sanchez vs. CalPERS. It is expected to last three to four weeks.
A coalition of 40 large employers, including IBM, Verizon and American Express, will use an online tool from startup Rx Savings Solutions to help employees get better deals on prescriptions. Other pharmaceutical industry developments are reported out of Teva, Pfizer, Merck and McKesson. And in insurance news, Cigna reports strong third-quarter profits and boosts its 2018 forecast.