Trump administration ratchets up attack on Obamacare, asks court to overturn law
(Reuters) – President Donald Trump’s administration has stepped up its attack on the Obamacare healthcare law, telling a federal appeals…
Will $14.5 billion plug GE’s long-term care insurance hole? Some experts say ‘No’
NEW YORK (Reuters) – General Electric Co is setting aside one of the largest amounts ever to cover potential losses…
Eli Lilly seeks to quell drug price anger with cheaper insulin
(Reuters) – Drugmaker Eli Lilly announced plans on Monday to sell a half-price version of its popular insulin injection Humalog,…
Novartis gene therapy would be cost effective up to $900,000: U.S. group
(Reuters) – An experimental gene therapy for spinal muscular atrophy (SMA) developed by Swiss drugmaker Novartis AG would be worth…
Exclusive: Top U.S. insurer to cover Amgen, Eli Lilly migraine drugs, exclude Teva
NEW YORK (Reuters) – A top U.S. pharmacy benefit manager (PBM) owned by UnitedHealth Group Inc has included new migraine…
J&J raises U.S. prices on around two dozen drugs
NEW YORK (Reuters) – Johnson & Johnson raised U.S. prices on around two dozen prescription drugs on Thursday, including the…
U.S. top court, Kavanaugh spurn Planned Parenthood defunding case
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday rejected appeals by Louisiana and Kansas seeking to end their public…
McConnell says Senate Republicans might revisit Obamacare repeal
WASHINGTON (Reuters) – Republicans could try again to repeal Obamacare if they win enough seats in U.S. elections next month,…
Drug shortages may add $230 million to annual U.S. drug costs
(Reuters Health) – Prescription drug shortages may drive up prices twice as much as they would rise with medicines in…
Berkshire Hathaway profit surges as economy gives Buffett a boost
(Reuters) – Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Saturday said quarterly operating profit rose 67…
Four U.S. cities sue over Trump ‘sabotage’ of Obamacare
(Reuters) – Four major U.S. cities filed a lawsuit on Thursday contending that President Donald Trump’s administration is unconstitutionally seeking…
Buffett’s Berkshire offers loan to owner of former Sears properties
NEW YORK (Reuters) – Billionaire Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) is loaning up to $2 billion to the company…
U.S. insurers grilled on exposure to $4.7 billion J&J talc verdict
(Reuters) – Wall Street is trying to figure out whether the U.S. insurance industry will bear any costs from a…
Democrats refocus fight against Trump’s Supreme Court nominee on healthcare
WASHINGTON (Reuters) – Democrats on Wednesday were reorienting their uphill push to block U.S. Senate confirmation of President Donald Trump’s…
Insurers warn of rising premiums after Trump axes Obamacare payments again
WASHINGTON/NEW YORK (Reuters) – Health insurers warned that a move by the Trump administration on Saturday to temporarily suspend a…
‘Safety net’ clinics uneven in delivery of help to quit smoking
(Reuters Health) – Health clinics where low-income people in the U.S. obtain medical care don’t always offer help with quitting…
Amazon to buy PillPack in potentially disruptive drug retail push
(Reuters) – Amazon.com Inc said on Thursday it would buy small online pharmacy PillPack, a move that will put the…
U.S. charges hundreds in major healthcare fraud, opioid crackdown
(Reuters) – The U.S. Justice Department on Thursday announced charges against 601 people including doctors for taking part in healthcare…
Soaring costs, loss of benefits top Americans’ healthcare worries: Reuters/Ipsos poll
(Reuters) – For over a year now, Americans have listed healthcare as the most important problem facing the country, according…
Former State Street executive faces U.S. fraud trial
BOSTON (Reuters) – A former executive at State Street Corp (STT.N) is set to face trial on U.S. charges that…
A bid to save $300 million at HCR ManorCare, and disrupt U.S. healthcare
CHICAGO (Reuters) – Thomas DeRosa is making a $4 billion bet that he can build a national, low-cost healthcare network…
Jazz Pharmaceuticals to settle U.S. probe for $57 million
BOSTON (Reuters) – Jazz Pharmaceuticals Plc said on Tuesday it had agreed to pay $57 million to resolve a U.S.…
Carl Icahn sells stake in AIG: Forbes
(Reuters) – Billionaire investor Carl Icahn has sold his stake in AIG (AIG.N), Forbes reported on Monday, ending a more…
Talks between Swiss Re and SoftBank close to collapsing: FT
ZURICH (Reuters) – Discussions between Swiss Re (SRENH.S) and SoftBank (9984.T) about the Japanese group potentially taking a stake in…
Buffett craves more Apple shares, endorses its buybacks
OMAHA, Neb. (Reuters) – Billionaire Warren Buffett has been buying a boatload of Apple Inc shares and on Saturday suggested…
Buffett says U.S., China will avoid acting ‘extremely foolish’ on trade
OMAHA, Neb. (Reuters) – Billionaire Warren Buffett on Saturday said it is unlikely that the United States and China will…
Buffett’s Berkshire swings to rare loss but performs better
OMAHA, Neb. (Reuters) – Warren Buffett lost money but had a pretty good quarter. A shareholder takes a picture of…
Four found guilty in insider trading case linked to U.S. health agency
NEW YORK (Reuters) – Two partners at the hedge fund Deerfield Management and two others were found guilty on Thursday…
FDA chief questions protections on drug rebates, stocks fall
(Reuters) – U.S. Food and Drug Administration chief Scott Gottlieb on Thursday questioned whether rebates that drugmakers provide to health…
Buffett draws them in even as Berkshire comes up short
(Reuters) – He thinks of himself as a teacher, and to many he is an icon. But to Wall Street,…
Regeneron/Sanofi cut heart drug price to $4,500-$6,600 for Express Scripts
(Reuters) – Regeneron Pharmaceuticals Inc and Sanofi SA will slash the price of their expensive cholesterol drug for Express Scripts…
Kaleo expanding access in U.S. to drug to reverse opioid overdose
(Reuters) – Kaleo Inc, which came under fire last year for the high price of its device to treat opioid…
Come for your drugs, leave with more shopping: Walmart’s new growth strategy?
(Reuters) – Walmart Inc’s (WMT.N) efforts to develop closer ties with health insurer Humana Inc (HUM.N), which came to light…
Come for your drugs, leave with more shopping: Walmart’s new growth strategy?
(Reuters) – Walmart Inc’s (WMT.N) efforts to develop closer ties with health insurer Humana Inc (HUM.N), which came to light…
Akzo Nobel reshapes business with 10 billion euro sale
AMSTERDAM (Reuters) – Akzo Nobel will sell its chemicals business in a 10.1 billion euro ($12.6 billion) deal to buyers…
Rhode Island doctor in Insys opioid kickback probe faces sentencing
(Reuters) – A Rhode Island doctor is to be sentenced on Friday after admitting that he took kickbacks from Insys…
U.S. says Idaho cannot sell health plans not compliant with Obamacare
WASHINGTON (Reuters) – A U.S. government agency on Thursday said Idaho could not allow health insurers to sell plans that…