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With Donald Trump's return to the White House and Republicans taking full control of Congress in 2025, the Affordable Care Act's Medicaid expansion is back on the chopping block. More than 3 million adults in nine states would be at immediate risk of losing their health coverage if the GOP reduces the extra federal Medicaid funding that's enabled states to…

By Jonathan Levin/ Bloomberg Opinion. Inflation optimists were riding high at the start of 2024. Price pressures seemed to be cooling quickly, and market pricing suggested that the Federal Reserve might lower policy rates by a whopping 1.75 percentage points this year.

When the CEO of United Health Care was gunned down on a city street, it is unclear whether anyone expected the massive outburst of hatred for the health insurance industry. Europe was far ahead in medical training, teaching about the body using a real cadaver, and other methods that actually attempted to show how you can help a sick person, methods that were sailing…

Warren Buffett’s Berkshire Hathaway sold $133 billion worth of stocks in the first three quarters of 2024. The company trimmed its stake in Bank of America, a significant investment in recent years. At the end of Q3, Berkshire Hathaway’s top four holdings were:

Representatives Diana Harshbarger and Jake Auchincloss introduced the Patients Before Monopolies Act Wednesday in Congress. The Senate version of the bill was introduced by Senators Elizabeth Warren and Josh Hawley. Enabling the FTC, Department of Health and Human Services, Antitrust Division of the Department of Justice, and state attorneys general to…

Related video: Lakeland woman accused of making threats against Blue Cross Blue Shield. KANSAS CITY, Mo.— Blue Cross and Blue Shield of Kansas City denied covering the cost of one metro woman's medicine that she says could save her life, leaving her with an over $8,000 monthly bill. Across the country, there has been renewed discussion about insurance companies and…

One has to pity Federal Reserve Chair Jerome Powell as he tries to secure his legacy by meeting the Fed's dual mandate of attaining price stability and maximum employment. Not only will Powell have President-elect Donald Trump now looking closely over his shoulder and putting inordinate pressure on him to keep interest rates low to goose up the economy and…

Iran economy has been hobbled for years by international sanctions over its advancing nuclear program. The country's fuel reserves have plummeted, with the government selling off more to cover budget shortfalls as wars rage in the Middle East and Tehran grapples with mismanagement. The surge has led some to suspect that organized cryptocurrency mining—…

In the wake of UnitedHealthcare CEO Brian Thompson's killing, there's been a lot of attention on the dysfunction of the health insurance industry. It's true that U.S. health care is uniquely costly and often frustrating, but experts say the reasons our life expectancy trails many comparable nations are complex. Life expectancy in the U.S. is on par with Ecuador…

2024 DEC 12– By a News Reporter-Staff News Editor at Insurance Daily News– Fresh data on Managed Care are presented in a new report. Funders for this research include Columbia World Projects, Kansas Department of Health and Environment, Michigan Department of Health and Human Services, New Jersey Department of Health, NYC Department of Health and Mental Hygiene,…

After Luigi Mangione made the difficult decision to undergo spinal surgery last year for chronic back pain, he became a proponent of the procedure that changed his life for the better. Those appear to have surfaced only later: in a handwritten note found after Mangione was detained as a suspect in the killing of UnitedHealthcare CEO Brian Thompson.

Dec. 11— I found it shocking over the last several days that even a lot of educated, civilized people celebrated the broad daylight assassination of health plan executive Brian Thompson. Ocean State Job Lot plans Waterbury move to larger nearby location. Ocean State Job Lot is considering relocating its Waterbury store at 771 Lakewood Road.

Health care giant UPMC makes no secret of who its top executives are, but the organization also isn't advertising it. In the days after Thompson was gunned down, UnitedHealthcare, the Blue Cross Blue Shield Association, UPMC and other major market players have retrenched online, fearing copycat attacks. UPMC, like other health insurance companies, declined to…

AIDS Healthcare Foundation strongly supports an effort unfolding on Capitol Hill that would prohibit health insurers and their pharmacy benefits managers from also owning pharmacies. Elizabeth Warren, D- Mass., Sen. AIDS Healthcare Foundation, the world’ s largest HIV/AIDS healthcare organization, provides cutting-edge medicine and advocacy to more than…

Royal Bank of Canada is offering Auto-Callable Contingent Coupon Barrier Notes linked to the performance of the least performing of the Nasdaq-100 Index ®, the Russell 2000 ® Index and the S&P 500 ® Index. The Notes will not constitute deposits insured by the Canada Deposit Insurance Corporation, the U.S. Federal Deposit Insurance Corporation or any other…

In the United States, the Federal Reserve reduced interest rates by 50 basis points as inflation reached the 2% target, making loans and mortgages more affordable. Canada's interest rates fell by 125 basis points between June and October, while the UK and Brazil also implemented reductions to stimulate recovery. Australia held rates steady at 4.35% for much of…

A Dec. 9, 2024, court decision handed down from a federal judge in North Dakota blocks access to the Health Insurance Marketplace ® for DACA recipients living in states that challenged a Biden administration ruling earlier this year making them eligible; the Dec. 9 court decision does not apply to N.C. The Health Insurance Navigators of the NC Navigator…