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Mark T. Bertolini, chairman and CEO of Aetna in Hartford, Connecticut and Joseph R. Swedish, president and CEO of Anthem in Indianapolis, argued before a Senate Judiciary subcommittee on Antitrust, Competition Policy and Consumer Rights on Tuesday that local insurance plans would keep the industry competitive.
Shkreli was blasted for increasing the cost of a drug considered life-saving for those with weakened immune systems, such as AIDS patients and those with cancer.
Dedicated funding is needed for research, the report says, and hospitals and doctors need to develop better ways to identify, reduce and learn from "near misses."
Forty-six percent of covered workers have a deductible of at least $1,000 this year for single coverage as employers shift to "consumer-directed" plans that give members incentives to seek less-costly care.
Earlier this week, Turing Pharmaceutical CEO Martin Shkreli drew sharp criticism after his privately held company boosted the price of AIDS treatment drug Daraprim from a reported $13.50 a tablet to $750.
Earlier this week, Turing Pharmaceutical CEO Martin Shkreli drew sharp criticism after his privately held company boosted the price of AIDS treatment drug Daraprim from a reported $13.50 a tablet to $750.
A new consumer website unveiled by the California Department of Insurance hopes to help Californians better shop for healthcare based on both quality and price.
According to new data released by the Centers for Medicare and Medicaid Services on Monday, the U.S. government has paid nearly $2.3 billion through July in incentives to close the coverage gap in 2015.
The National Committee for Quality Assurance recently ranked more than 1,500 health plans by satisfaction and service. The ranking includes private as well as government-sponsored Medicare and Medicaid plans.
Prime Healthcare in California has sued California Attorney General Kamala Harris, claiming she abused her constitutional powers by imposing strict conditions on the sale of the Daughters of Charity Health System that ultimately caused the deal to fall apart.