News

Kaiser Permanente, a large health system based in California, will be forced to follow the same disclosure laws as other healthcare payers and providers in the state thanks to a new law signed by Gov. Gavin Newsom.

Amid an outbreak of hundreds of lung disease illnesses and two deaths related to e-cigarette use, investigators from the New York State Department of Health may have finally determined what is making people so sick across the country. Vitamin E acetate has become the focus of the Department after it was found in nearly all cannabis-containing samples analyzed by its investigation.

The reputation of the pharmaceutical industry is tanking among U.S. consumers, the latest Gallup poll reveals.

New gene therapies are carrying price tags in the millions, leaving insurers scrambling to figure out how to cover them and offer the treatments to enrollees, according to The Wall Street Journal.

A second death, this time in Oregon, has been linked e-cigarette use after a patient was diagnosed with a severe respiratory illness.

U.S. District Court Judge Richard Leon has approved the $69 billion acquisition of Aetna by CVS Health, he announced in an opinion on Sept. 4.

Medicare Part D overpaid millions of dollars for prescription drugs that should have been covered by the Medicare Part A hospice benefit, according to a recent report from the Office of Inspector General (OIG), which conducted an audit from 2016 payments. In other words, CMS paid twice for the same drugs.

CVS Health announced a $2 million contribution to an existing $50 million campaign to end e-cigarette use, known as vaping, among teenagers. The announcement comes at a time when hundreds of lung disease injuries linked to vaping have appeared in dozens of states.

Purdue Pharma, the maker of popular opioid OxyContin, is preparing to file for bankruptcy before the end of September if the company doesn’t reach a settlement over thousands of lawsuits against the company for its role in the opioid abuse epidemic, Reuters reported, citing people familiar with the matter.

 

Health insurance giant and care services provider Humana has joined the Consumer Technology Association, marking the first time a payer has joined the association.

The world’s biggest retailer, Walmart, is taking a bigger step into the healthcare space by opening up a primary care clinic called Walmart Health located in Georgia. The news was first reported by CNBC.

More than 3,400 drugs saw price hikes in the first half of 2019, with the average increase being more than five times the rate of inflation, according to CVS Caremark.