San Bernardino to slash retiree health care in bankruptcy plan By Tim Reid Reuters, May 7, 2015 The southern California city of San Bernardino has proposed virtually eliminating retiree health insurance costs under a bankruptcy exit plan it must produce by May 31, according to an attorney involved in negotiations with city officials. Steven Katzman, […]
Alberta’s health care system needs new prescription, NDP leader Rachel Notley tells Calgary crowd By Dave Dormer Calgary Sun, April 29, 2015 Restoring a $1 billion cut to funding and eliminating personal levies is the prescription to fixing an ailing health care system, NDP leader Rachel Notley said Wednesday. “That is a private clinic behind […]
Activists Target Hedge Fund Managers Cashing In on Predatory Drug Pricing Schemes from Gilead Sciences Vocal New York, May 5, 2015 On the eve of Gilead Science’s annual shareholder meeting, activists criticized the pharmaceutical giant’s decision to price its Hepatitis C Virus (HCV) cure out of reach for millions of sick people by targeting three […]
Affordable Care Act payment model saves more than $384 million in two years, meets criteria for first-ever expansion HHS.gov, May 4, 2015 Today, an independent evaluation report released by the Department of Health and Human Services showed that an innovative payment model created as a pilot project by the Affordable Care Act generated substantial savings […]
Almost half of Obamacare exchanges face financial struggles in the future By Lena H. Sun and Niraj Chokshi The Washington Post, May 1, 2015 Nearly half of the 17 insurance marketplaces set up by the states and the District under President Obama’s health law are struggling financially, presenting state officials with an unexpected and serious […]
Florida House Goes Home Early Over Medicaid Impasse By Lynn Hatter, WFSU Kaiser Health News, April 29, 2015 The Florida House – at odds with the state Senate over the expansion of Medicaid – abruptly ended its session three days early on Tuesday, leaving hundreds of bills unrelated to health care unfinished. The Republican-led state […]
Blue Cross and Blue Shield Companies to Launch Retiree Health Insurance Exchange BlueCross BlueShield Association, April 24, 2015 Blue Cross and Blue Shield (BCBS) companies will launch a health insurance exchange this summer that will support employers’ efforts to help retirees transition from group health benefits to individual Medicare coverage that starts Jan. 1, 2016. […]
Medicaid Rebates for Brand-Name Drugs Exceeded Part D Rebates by a Substantial Margin Department of Health and Human Services, Office of Inspector General, April 2015 Conclusion Drug rebates reduce the program costs of both Medicare Part D and Medicaid. Medicaid rebates are defined by statute and include additional rebates when prices for brand-name drugs increase […]
Why Section 1332 Could Solve the Obamacare Impasse By Stuart Butler, PhD The JAMA Forum, April 28, 2015 Section 1332 of the ACA, known as “State Innovation Waivers,” allows states, starting in 2017, to apply to the federal government for 5-year renewable waivers from key provisions of the legislation. For instance, states could request changes […]
Pharmaceutical Companies Buy Rivals’ Drugs, Then Jack Up the Prices By Jonathan D. Rockoff and Ed Silverman The Wall Street Journal, April 26, 2015 On Feb. 10, Valeant Pharmaceuticals International Inc. bought the rights to a pair of life-saving heart drugs. The same day, their list prices rose by 525% and 212%. Neither of the […]
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