Ohio voters — in a rare election in August — voted in unexpectedly large numbers against a ballot measure that would have made it harder to get a constitutional abortion-rights amendment on the ballot in November. The election came almost to the day after voters in Kansas also stunned observers by supporting abortion rights in … Read more
CVS Health Corp, which owns Hartford-based health insurer Aetna, plans to cut 5,000 corporate jobs statewide this year as the pharmacy giant looks to cut spending and shift investments to the healthcare and technology that will drive its future growth. The job cuts were announced in an internal employee memorandum late Monday. A CVS spokesman … Read more
WASHINGTON, DC – MARCH 23: US President Joe Biden speaks at a 13th anniversary event … [+] of the Affordable Care Act in the East Room of the White House on March 23, 2023 in Washington, DC. During his address, President Biden spoke about the history of the law, also known as “Obamacare,” and how … Read more
During his 2019 presidential campaign, Joe Biden assured voters that he would not eliminate private health insurance. He even told an audience in Iowa, “If you have private insurance, you can keep it.” — a risky echo of President Barack Obama’s “Lie of the Year 2013.” But over Independence Day weekend, the Biden administration announced … Read more
Positive developments for one of Eli Lilly’s (LLY) competitors in the burgeoning Alzheimer’s treatment market also bode well for the Club name. However, a Wall Street bull has become more cautious on Humana (HUM). Here’s a deeper dive into the headlines and how they impact our investment theses on these two healthcare companies. The Eli … Read more
With increased demand for mental health care, a new study finds that nearly two-thirds of Medicare Advantage’s psychiatric networks serve fewer than 25% of all psychiatrists in a given service area. That means many people covered through Medicare Advantage plans may not have access to psychiatrists given how few are considered psychiatric.” Jane Zhu, MD, … Read more
Tens of thousands of low-income Utahans have lost their health insurance in recent weeks, and more are expected to drop out of health insurance in the coming months as a pandemic-era federal policy that prohibited states from excluding people from Medicaid continues is dissolved. According to the Utah Department of Health and Human Services, more … Read more
CNN — Most Americans have had trouble using their health insurance over the past year, but the majority are still happy with their coverage, a new report has found. About 58% of insured adults had at least one problem in the past year, according to a survey by KFF, formerly the Kaiser Family Foundation, released … Read more