Buying Home and Auto Insurance Used to Be Routine. It’s Becoming a Nightmare.
Listen to article(2 minutes)After Allstate suffered billions of dollars in losses and failed to get the rate increases it wanted,...
Insurance
Target Stock Surges as Earnings Overshadow Sales Decline
Updated Nov. 15, 2023 10:32 am ETPeople are skipping their Target runs, but the company is finding ways to boost...
Pharmacy Giant Walgreens Names Tim Wentworth as New CEO
The incoming chief executive faces a tough challenge, with a core business under pressure due to pharmacy-benefit managers such as...
WSJ News Exclusive | Health-Insurance Costs Are Taking Biggest Jumps in Years
Employers and workers are expected to see an increase of about 6.5% or higher in the cost of their health...
Wagers on the Weather? Insurers Offer a Way for Businesses to Hedge Climate Risks
Parametric insurance, which lets businesses tie their policies directly to weather conditions such as wind speed and flood depth, has...
FDA Approves Leqembi, Extending Alzheimer’s Treatment to More Patients
Medicare enrollees can get the anti-amyloid treatment as a result of the agency’s full approval. Source link
U.S. Chamber of Commerce Challenges Federal Government’s New Drug-Price Powers
The lawsuit is the second filed this week saying Medicare’s new negotiating authority is unconstitutional. Source link
Merck Challenges U.S. Government’s New Powers to Negotiate Drug Prices
The drugmaker filed a lawsuit saying Medicare’s drug-price negotiation program violates the company’s constitutional rights. Source link
AIG Buoyed by Higher Premiums on Business Insurance
The company’s core insurance operations produce their best first quarter in 15 years. Source link
Why Is Inflation So Sticky? It Could Be Corporate Profits
Inflation has proved more stubborn than central banks bargained for when prices started surging two years ago. Now some economists...
The Secret History of AI, and a Hint at What’s Next
Artificial intelligence is already a big part of our daily lives. Source link
Medicaid Eligibility Changes Set to Hit Hospitals, Insurers, States
PoliticsHealth PolicyMillions could lose coverage as their eligibility is reviewed, with financial effects rippling through the healthcare industry Source link
Telehealth Apps Sharing Consumer Data Draw FTC Crackdown
TechBetterHelp barred under proposed settlement from supplying health data for ads Source link
Biden Administration to Cut Mortgage Insurance Costs for Lower-Income Buyers
PoliticsFederal Housing Administration will reduce the annual fee borrowers pay for its insurance by about $800 Source link
A subsidy arms race is kicking off between Europe and America | CNN Business
London CNN — When US President Joe Biden signed the Inflation Reduction Act into law, he enacted the biggest climate...
WSJ News Exclusive | CVS Nearing $10.5 Billion Deal for Primary-Care Provider Oak Street Health
WSJ News ExclusiveHealthThe deal would expand the health insurer and pharmacy chain’s role in medical care Source link
Elevance to Acquire Louisiana Nonprofit Health Insurer
HealthThe company didn’t disclose terms of the deal, which could add roughly 1.9 million members Source link
New Alzheimer’s Drug Leqembi Will Be Out of Reach for Most Patients
HealthMedicare won’t pay for medicine under rule issued to restrict use of earlier drug whose approval generated controversy Source link
Big Nonprofit Hospitals Expand in Wealthier Areas, Shun Poorer Ones
Many of the nation’s largest nonprofit hospital systems, which give aid to poorer communities to earn tax breaks, have been...
U.S. Healthcare-Spending Growth Slowed in 2021, Federal Report Finds
Federal spending on Covid-19 dropped, while there was an uptick in spending on insurance coverage and healthcare services. Source link
