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One quarter of every U.S. healthcare dollar wasted

About a quarter of the dollars spent on healthcare in the United States may be wasted, a new analysis suggests.

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McCann Worldgroup and Cigna inspire the world to see stress differently

McCann Worldgroup has partnered with Cigna International Markets in their latest initiative, which is helping the world see stress differently.

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Cigna rolls out new plan to fully cover multi-million dollar gene therapies

Cigna introduced a plan to fully cover costs for expensive gene therapies, eliminating any out-of-pocket payments for customers.

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Novartis, Lonza deepen biosimilars push with MS, arthritis drug deals

Swiss drugmakers Novartis and Lonza separately deepened the companies’ push into so-called biosimilars, betting cheaper copies of name-brand drugs will make headway among cost-conscious insurers and governments.

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Quality of care and outcomes-based payer contract slows medical spending growth: study

Blue Cross Blue Shield of Massachusetts’ Alternative Quality Contract slowed the rate of medical spending growth by up to 12 percent while improving patient care over the course of eight years, according to a Harvard Medical School study published in the New England Journal of Medicine.

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White House scraps proposal to lower U.S. drug prices

The Trump administration scrapped a proposal for lowering prescription medicine prices, backing down from a policy that would have required health insurers to pass on billions of dollars in rebates they receive from drugmakers to Medicare patients.

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U.S. appeals court signals sympathy to bid to strike down Obamacare

A federal appeals court panel expressed skepticism to Democratic calls to overturn the ruling of a Texas judge who found the landmark U.S. healthcare reform law unconstitutional.

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U.S. Supreme Court takes up insurers’ $12 billion Obamacare dispute

The U.S. Supreme Court agreed to decide whether the federal government must pay insurers $12 billion under an Obamacare program aimed at encouraging them to cover previously uninsured people after the healthcare law was enacted in 2010.

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Trump to issue executive order seeking transparency on healthcare costs: Wall Street Journal

U.S. President Donald Trump plans to issue an executive order asking health insurers and doctors to disclose new details about healthcare costs in an attempt to improve price transparency, the Wall Street Journal reported, citing people familiar with the matter.

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UnitedHealth gets FTC approval for DaVita unit purchase

UnitedHealth Group Inc. won anti-trust approval to buy DaVita Inc.’s primary and urgent care unit for $4.3 billion, the Federal Trade Commission said.

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