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U.S. senators are reviving a proposal to extend the $35 insulin price cap beyond Medicare to the private market and uninsured patients. The measure is modeled on a 2022 law that already limits costs for Medicare beneficiaries.
nbcnews.comA proposal introduced in Congress would set a $5,000 annual out-of-pocket limit for all Medicare beneficiaries. The measure is described as a long shot and could increase federal spending by tens of billions of dollars.
forbes.comHighmark Health filed suit June 1 seeking to overturn more than $3.9 million in arbitration awards. The insurer alleges HaloMD and a neuromonitoring provider submitted ineligible claims under the No Surprises Act.
fastcompany.comMedicare will begin covering Wegovy and Zepbound for weight loss at $50 per month for older adults in July. The agency has not disclosed the projected cost to taxpayers.
Uganda has closed its border with the Democratic Republic of Congo after an Ebola task force decided to follow steps taken by the U.S. and Rwanda. The move runs counter to guidance from the World Health Organization.
citynews1130.comA Schroders survey of about 400 retirees found that 90 percent worry inflation will reduce the value of their assets. An Allianz study showed that 67 percent of investors are more concerned about outliving savings than dying.
zerohedge.comThe Wakely Consulting Group estimates that more than one million people have dropped Affordable Care Act coverage after Congress declined to extend subsidies. Premium increases ranging from 25 to 115 percent prompted the shift, with further declines expected through year-end.
foxbusiness.comThe Maryland Prescription Drug Affordability Board voted to cap the price of Ozempic at $274 per 30-day supply for state and local government purchases starting January 2027. The limit is expected to save $5.8 million annually and follows a similar action taken by the board in re…
smallbiztrends.comDeloitte is reducing PTO, halving parental leave to eight weeks and eliminating a $50,000 family planning reimbursement for employees in admin, IT support and finance roles. TTEC suspended its 401(k) match for 16,000 workers through at least the end of 2026 while shifting funds t…
realclearmarkets.comA KFF poll released May 6 found that 4 in 10 adults who support the MAHA movement identified lowering health care costs, including prescription drugs, as the top health priority for the federal government. This concern outranked restricting chemical additives in food and reevalua…
Substrate placeholder — needs reviewHealth care costs in the United States have increased, creating financial challenges for small business owners. These rising expenses impact their ability to provide employee benefits and maintain operations. The situation highlights ongoing pressures in the health care sector fo…