by Jessica Casebolt | Jul 31, 2023 | Access & Coverage, Tea Leaves
The Commonwealth Fund’s 2020 International Health Policy Survey found that 36 percent of rural Americans did not get the care they needed due to costs, which is more than double the rate for rural residents in six of the other countries the study looked at. The survey...
by Jessica Casebolt | Jul 31, 2023 | Providers, Tea Leaves
A new report found that hospital consolidation leads to larger premiums and out-of-pocket spending for consumers. The report from Georgetown University’s Center on Health Insurance Reforms specifically notes that as hospitals acquire ambulatory care centers, consumers...
by Jessica Casebolt | Jul 31, 2023 | Payers, Tea Leaves
Two Cigna members filed a lawsuit seeking class-action status in a California federal court on Monday, alleging the health insurance company leveraged an algorithm to improperly deny claims and systematically shift costs to its 2.1 million members. Lawyers anticipate...
by Jessica Casebolt | Jul 31, 2023 | Life Sciences, Tea Leaves
Pfizer Inc. said over 30 drugs, including injections of painkiller fentanyl and anesthetic lidocaine, may see supply disruption after a tornado destroyed a warehouse at its Rocky Mount, North Carolina, plant last week. The company sent a letter late last week to its...
by Jessica Casebolt | Jul 31, 2023 | Providers, Tea Leaves
On Wednesday, a tornado caused extensive damage to a Pfizer drug manufacturing site in Rocky Mount, N.C., threatening critical supplies for hospitals across the country. The company estimated that one-fourth of the injectable medications it supplies to U.S. hospitals...
by Jessica Casebolt | Jul 31, 2023 | Payers, Tea Leaves
An analysis from the American Academy of Actuaries offers a look into the major factors that could lead to rising premiums in the individual and small group markets next year. According to the report, the top issues to watch over the next several months include...
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