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578 Matching News Items
1.
Senator Asks Regulators to Investigate Possible Collusion in Health Care Pricing
The New York Times; subscription may be required
May 2, 2024
The New York Times; subscription may be required
May 2, 2024
"Recent revelations about a data analytics firm's role in determining medical payments have heightened concerns about possible price fixing in health care and led to a call for a federal investigation.... Senator Amy Klobuchar asked federal regulators to examine whether algorithms used by the firm, MultiPlan, have helped major health insurers conspire to cut payments to doctors and leave patients with large bills."
2.
UnitedHealth's CEO Slammed in Senate Hearing About Cyberattack
The New York Times; subscription may be required
May 1, 2024
The New York Times; subscription may be required
May 1, 2024
"In a tense Senate hearing ... lawmakers sharply criticized UnitedHealth Group's handling of the cyberattack that paralyzed the U.S. health care system ... [S]enators questioned whether the cyberattack of Change Healthcare, which manages a third of all U.S. patient records and some 15 billion transactions a year, was so vast because UnitedHealth is too deeply embedded in nearly every aspect of the nation's medical care.... In the afternoon, House lawmakers outlined their concerns, especially given the corporation's enormous scale."
3.
Things to Know About Health Care Cyberattacks
New York Times; subscription required
Mar. 31, 2024
New York Times; subscription required
Mar. 31, 2024
"Ransomware attacks ... affected 46 hospital systems last year, up from 25 in 2022 ... Hackers have also taken down companies that provide services such as medical transcription and billing in recent years.... [H]ospital mortality rises in the aftermath of an attack. Scheduled surgeries are canceled, and ambulances are sometimes rerouted to other hospitals even in emergencies because the cyberattack has disrupted electronic communications or medical records and other systems."
4.
Ozempic and Wegovy Don't Cost What You Think They Do
The New York Times; subscription required
Oct. 23, 2023
The New York Times; subscription required
Oct. 23, 2023
"The drugs' list prices are generally very different from the net prices, which companies receive after making secret deals with health insurers or the intermediaries known as pharmacy benefit managers.... A recent paper published by the American Enterprise Institute revealed that ... Wegovy's net price is about half of its list price, Ozempic's is nearly two-thirds lower and Mounjaro's net price is nearly 80 percent lower than its list price."
5.
More Retiree Health Plans Move Away From Traditional Medicare
The New York Times; subscription may be required
Mar. 10, 2023
The New York Times; subscription may be required
Mar. 10, 2023
"Retirees whose former employers offer health coverage are being shifted to privately run Medicare Advantage, often against their wishes. The change saves millions for employers."
6.
Reimbursement Fund for Uninsured COVID Patients Stops Taking Claims
The New York Times; subscription may be required
Mar. 28, 2022
The New York Times; subscription may be required
Mar. 28, 2022
"Some U.S. health care providers are informing uninsured people they can no longer be tested for the virus free of charge and will have to pay for the service."
7.
Why Older Women Face Greater Financial Hardship Than Older Men
The New York Times; subscription may be required
Dec. 26, 2021
The New York Times; subscription may be required
Dec. 26, 2021
"Economists attribute much of the retirement gender gap to 'the motherhood penalty.' Women who raise children have fewer and lower-paid years in the work force than men or childless women ... But much of the discrepancy in financial stability at older ages stems from a major demographic shift: Women now spend much less of their adulthoods in marriages."
8.
McDonald's Secures $105 Million Clawback from Former CEO
The New York Times; subscription required
Dec. 16, 2021
The New York Times; subscription required
Dec. 16, 2021
"The settlement with Steve Easterbrook, who was ousted in 2019 for an inappropriate relationship, is one of the largest ever clawbacks of executive compensation."
9.
Democrats' Stumble on Drug Prices Shows Power of Industry
The New York Times; subscription may be required
Sept. 16, 2021
The New York Times; subscription may be required
Sept. 16, 2021
"The dynamic is familiar to lawmakers who have worked on health issues: Health industries are large and powerful lobbies, and they do not enjoy having their revenues cut. As with measures that might reduce payments to hospitals, doctors and insurance companies, the House's attempt to take a bite out of drug companies has generated a backlash."
10.
Drug Plan Fails, Signaling Thorny Path for Democrats' $3.5 Trillion Bill
The New York Times; subscription may be required
Sept. 16, 2021
The New York Times; subscription may be required
Sept. 16, 2021
"A Democratic plan to lower prescription drug prices as part of the party's $3.5 trillion social policy package failed in a House committee on Wednesday after moderates refused to support it, highlighting internal divisions that could complicate the legislation's path to enactment."
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