Susan Morse
Donald Trump is calling for a change in the way Medicare deals with big pharma prices, a revision long targeted by Democrats.
Deficiencies found in an audit of Cigna-HealthSpring operations has prompted the Centers for Medicare and Medicaid Services to temporarily bar Cigna from enrolling new customers to its Medicare Advantage and stand-alone prescription drug plans, and from marketing efforts, according to CMS.
The Centers for Medicare and Medicaid Services on Friday said a demonstration of new incentives to align dual-eligible spending shows a 6 percent savings, or $21.6 million, in Medicare spending.
The Centers for Medicare and Medicaid Services on Thursday finalized a rule on the rebate and reimbursement of prescription drugs, a move aimed at bringing down consumer costs and which is expected to save federal and state governments an estimated $2.7 billion over five years.
CenterLight admitted to improperly billing Medicaid for 1,241 members.
Open enrollment for week 11 ended with close to 400,000 consumers signing up for healthcare coverage, a number four times greater than the week before, according to figures from the Centers for Medicare and Medicaid Services.
Former Turing Pharmaceutical Chief Executive Martin Shkreli has invoked the Fifth Amendment by refusing to produce documents subpoenaed by a Senate committee investigating on prescription drug price hikes, according to NBC News and Twitter chatter between Shkreli and the chairwoman of the committee.
J. Joel Hackney's appointment takes effect following Pamplona's buyout of MedAssets, a $2.7 billion deal announced in November.
Aria Health System and Jefferson Health on Tuesday entered into a binding agreement to merge, a transaction expected to be completed this spring.
Driven by a $720 million loss on its individual exchange product, UnitedHealth Group on Tuesday reported a $6.8 billion profit in 2015, down $238 million over its 2014 profit.