AUSTIN — A sweeping bill to install new protections for millions of poor and disabled Texans who rely on Medicaid, and reign in health care companies that have been enriched by that broken system, cleared its first major hurdle Thursday. The bill, spurred by a Dallas Morning News investigation that showed how companies systematically denied life-sustaining treatments to boost profits, passed 6-2 out of a House committee, setting it up for a vote on the House floor.What would be a perfunctory step for most legislation is a hard-fought victory for patient advocates who support the so-called Managed Care Accountably bill, which deep-pocketed insurance companies and politically connected lobbyists are trying to kill.Rep. Sarah Davis, the Houston Republican who authored the 60-page bill, said it will "assure that Texas' most vulnerable populations are receiving the health care that taxpayers are paying for.""Of course, I expect the managed care organizations to stop at … [Read more...] about Pain & Profit: Bills to fix Texas’ broken Medicaid system gain momentum despite pushback from insurance companies
Stop calls from health insurance companies
Sections SEARCH Skip to content Skip to site index Health Subscribe Log In Log In Today’s Paper Health | UnitedHealth Loses Case to the Health Venture Begun by Amazon, Berkshire-Hathaway and JPMorgan Chase Supported by ByReed Abelson Feb. 22, 2019 UnitedHealth Group, the giant health insurance company, on Friday lost its case to prevent a former executive from working at the new health care venture formed by three powerful corporations, Amazon, Berkshire Hathaway and JPMorgan Chase. A federal judge in Boston denied UnitedHealth’s request to have the executive, David William Smith, immediately stop working. Mr. Smith was an executive at Optum, a unit of UnitedHealth, and it accused him of taking corporate secrets to what it claimed was a competitor. Mr. Smith has denied any wrongdoing. In its court filings, UnitedHealth argued that Mr. Smith’s role at Optum made him privy to sensitive information … [Read more...] about UnitedHealth Loses Case to the Health Venture Begun by Amazon, Berkshire-Hathaway and JPMorgan Chase
Independent pharmacists have been facing a changing industry for decades but have managed to maintain a presence in communities around the US. As reimbursements dwindle, pharmacists are starting to get creative, looking for new ways to get paid by health plans. There are massive changes coming to the pharmacy industry. From CVS Health’s $US69 billion merger with Aetna and Cigna’s $US67 billion deal for Express Scripts, to the entrance of Amazon, independent pharmacists face tough competition. Business Insider spoke with more than a dozen independent pharmacists about the pressure their businesses are facing, and what they’re doing to fight back. Roger Paganelli’s business in the Bronx is bustling. Mt. Carmel Pharmacy stands at the corner of Beaumont Avenue and 187th Street, near the Bronx Zoo and Fordham University. On a rainy Tuesday morning, shoppers are running errands, and employees, speaking Spanish and English, are helping patients pick up their … [Read more...] about Pharmacists are getting squeezed by 2 of the world’s biggest companies. Here’s how they’re fighting back.
I just started a new job at Business Insider, and had to pick a health insurance plan for the first time. Figuring out which plan to choose was really complicated – and I’ve been writing about healthcare for years. Here’s what I learned about how to pick a health insurance plan, and why I didn’t just go with the cheapest option. I recently got a new job here at Business Insider. And for the first time, I had to pick a health insurance plan, from among the four that our parent company, Insider Inc., offers. I should be pretty well-positioned to do that. I’ve been writing about healthcare for years, and I’m married to a doctor. Yet I found the choices confusing, and had a tough time figuring out which plan would be the best one for me. So I asked a couple experts (and the Internet) to help me pick the right plan. Here’s what I learned. The standard advice for picking a health insurance plan goes something like this: choose one with a … [Read more...] about My company offers free health insurance — here’s why I decided to spend $1,000 more on a better plan
By Lisa Schencker, Chicago Tribune Published 7:19 pm CDT, Saturday, October 20, 2018 Michael and Sarah Johnson of Carol Stream, Ill., take an after-dinner walk with their children, Titus, 4, Avianna, 8, and Isabelle, 2. The Johnsons are members of a health care sharing ministry. Michael and Sarah Johnson of Carol Stream, Ill., take an after-dinner walk with their children, Titus, 4, Avianna, 8, and Isabelle, 2. The Johnsons are members of a health care sharing ministry. Photo: Mark Black, MBR / TNS Photo: Mark Black, MBR / TNS Image 1 of / 1 Caption Close Image 1 of 1 Michael and Sarah Johnson of Carol Stream, Ill., take an after-dinner walk with their children, Titus, 4, Avianna, 8, and Isabelle, 2. The Johnsons are members of a health care sharing ministry. Michael and Sarah Johnson of Carol Stream, Ill., take an … [Read more...] about Frustrated with health insurance costs, some turn to religious plans: ‘For us it’s been a godsend’