Mike Mergen | Bloomberg | Getty Images The cost of prescription medications in the U.S. has increased 37% since 2014, far surpassing the rate of inflation, according to data from drug savings company GoodRx. Though the price increases have slowed this year in comparison to the past decade, the higher costs are raising out-of-pocket expenses … Read more
I suspect that my daughter and I are growing too costly and inconvenient for my health plan’s customer profile. They are genius (and stealthy) in their tactics to exhaust me financially, emotionally and physically. The company manuals must contain strategies for this, cleverly disguised as “working together.” I have tried to be patient and cooperative. … Read more
(NewsNation) — Annual health care spending in the U.S. is projected to reach $7.7 trillion by 2032, according to new federal actuaries projections, marking a $2.9 trillion increase from last year. Spending is expected to grow 5.6% annually during the 2023-2032 projection period, surpassing the anticipated 4.3% annual inflation rate. By 2032, healthcare will account for … Read more
Thousands of people with cancer face missing out on summer holidays because they cannot find affordable travel insurance, research suggests. Difficulty securing travel insurance was the second highest serious concern out of 30 cancer-related issues among 2,000 sufferers, a survey for Macmillan Cancer Support found. Exhaustion and fatigue, and bowel and bladder issues, were joint … Read more
President Joe Biden and former President Donald Trump 2024. Kevin Lamarque | Jay Paul | Reuters Former President Donald Trump on Saturday recognized that the price of insulin is lower under President Joe Biden, but he still wants voters to credit his own administration. “Low INSULIN PRICING was gotten for millions of Americans by me, and … Read more
Mark Bertolini has helped Oscar Health move toward profitability after taking over as CEO of the health insurer a year ago. Now, he says the company’s next phase of growth and profitability will focus on tapping into the employer market. That effort will include “going after the 71 million lives that are in small group … Read more
“Honestly the infrastructure would need to be improved, the backend technology would have to be improved for them and the timeline for them is I would say two months, within two months they have to get all this sorted,” says Shweta Rajani, Anand Rathi Wealth.In my personal experience, I was hospitalised once and I got … Read more
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters Companies are increasing access to new blockbuster weight-loss drugs for employees, but size of employer may make a big difference in early access. Small businesses and their workers are often stuck … Read more
Sanjiv Bajaj, Joint Chairman & MD, Bajaj Capital, says in India the health inflation is about 14%, so that means every year the cost of health treatments are going up by 14%. There is an 18% GST on health insurance. So, the point is that that it is causing the claims to go up and … Read more
Paid leave for prenatal care is poised to become a national women’s health initiative. That’s now that New York has become the first state to mandate a standalone entitlement to paid prenatal leave. In April, New York Governor Kathy Hochul signed an amendment to New York labor law to require employers to provide up to … Read more
