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The October report found that around 13% of Americans reported economic hardship over the prior year due to climate change. Climate change could cost Americans born in 2024 nearly $500,000, due to higher taxes and pricier housing and food, among many other factors, ICF, a consulting firm, recently found in a report commissioned by Consumer Reports. Stan Honda | AFP | Getty ImagesOther health effects of climate change reflect more widespread shifts in global conditions. "There are clear interactions between heat waves and health conditions," said Charles Driscoll, a professor at Syracuse University who studies climate change. Climate change leads to droughts, which lead to crop failures, which cause food price spikes.
Persons: Chandan Khanna, Andrew Rumbach, Eva Marie Uzcategui, Wagner, Rumbach, Stan Honda, Charles Driscoll, Driscoll, Ringo H.W, Chiu, Mark Kantrowitz, Gernot Wagner Organizations: AFP, Getty, U.S . Department of, Treasury, Consumer Reports, Urban Institute, Bloomberg, U.S . Census, Insurance, Swiss Re Institute, Health, Natural Resources Defense, Syracuse University, International Labour Organization, Kaiser Family Foundation, of Labor Statistics, Columbia Business Locations: Fort Lauderdale , Florida, U.S, Fort Myers Beach , Florida, Florida , Louisiana, California, Hurricane, Queens, New York, Malibu, Malibu , Calif
Small businesses are seeing labor growth this year, but hospitals still have staffing shortages. Healthcare worker numbers are steadily growing but remain below pre-pandemic trends, according to a Bank of America report published in April. Outpatient care centers are 9.4% behind on growth, while the hospital labor force has seen small gains at 0.3%. In fact, healthcare workers made up a significant portion of the people leaving their jobs during the Great Resignation. Patients will still see labor shortages in ERs and care facilitiesDespite labor gains, patients could still experience the impacts of the physician shortage.
Persons: , Per, KFF Organizations: Service, Bank of America, The Bank of America Institute, of Labor Statistics, Centers, Medicare, Services, Kaiser Family Foundation, American Hospital Association, of America, Peterson Center, Healthcare, of Health, Bank of
Adderall supply issues, which began in October 2022, are making the medication more expensive. The Biden Administration said it's focused on strengthening manufacturing supply chains for Adderall. AdvertisementIt's been 18 months since the US Food and Drug Administration announced an Adderall shortage. The prescription fill rate for ADHD medications fell from 44.5% in December 2022 to 40.7% in February 2023, the study found. Have you been impacted by the Adderall shortage or high prescription drug costs?
Persons: it's, , It's, Biden, Biden's, Joe Biden's, Adderall —, aren't, Dr, David Goodman Organizations: Biden Administration, Service, Food and Drug Administration, KFF, Kaiser Family Foundation, Business, Drug, Biden's Administration, Department of Health, Human Services, Defense, FDA, CNN, USA, DEA, USA Today, Johns Hopkins University, Medscape Medical, Government
President Joe Biden touted his healthcare policy wins in his State of the Union address. He also mentioned Medicare expansion, lower drug prices, and reproductive healthcare access. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementPresident Joe Biden is hoping to win voters with his healthcare record and promises for future change should he be reelected.
Persons: Joe Biden, Organizations: Service, KFF, Kaiser Family Foundation
It is the first hormonal birth control available for retail and will expand access. Prescription-free birth control will expand accessThe introduction of Opill to family planning aisles will lower barriers to birth control. Since Opill is available without a prescription, people will no longer have to pay a doctor or pharmacist to access hormonal birth control. She urged policymakers to make sure non-prescription birth control is covered by insurance and assistance programs. AdvertisementProgestin-only birth control also carries a risk of ectopic pregnancy and can increase a person's risk for breast cancer, regardless of medical history.
Persons: , Opill, Victoria Nichols, Nichols, Dr, Tania Serna Organizations: Amazon, Walgreens, CVS, Target, Walmart, Service, US Food and Drug Administration, Guttmacher, Guttmacher Institute, Affordable Care, Kaiser Family Foundation, The American College of Obstetricians, OB, University of California Locations: San Francisco
Abortion funds provide information and help offset costsThe demand for funds like CAF has risen significantly since June 2022, Jeyifo said. It also received funding from the city of Chicago and is one of the few abortion funds to receive local government funding. AdvertisementSo far this year, Hidalgo-Cuellar said 84% of Cobalt's clients requiring travel support have come from Texas. She said it's difficult to keep the work of abortion funds in the public eye — and she worries about donations drying up. Imminent rulings from the Florida Supreme Court will also decide the fate of the state's abortion bans, and whether voters will have a say in abortion laws this November.
Persons: , Roe, Wade, Megan Jeyifo, Jeyifo, Dobbs, they'll, Melisa Hidalgo, Cuellar, Sumeyye, you's Organizations: Service, Chicago Abortion Fund, CAF, Business, Jackson, Health Organization, Guttmacher, Kaiser Family Foundation, Guttmacher Institute, The, Abortion, ARC Locations: Chicago, Illinois, New Mexico, Colorado, Hidalgo, Texas, Alabama, Georgia, Mississippi, Arc, Florida
Specific military, naval, and air service veterans who served in active duty after October 1981 were eligible before recent expansions. AdvertisementBiden has also expressed support for expanding federal healthcare access for veterans. "We expanded resources to end veterans' homelessness, end veterans' poverty, end the silent scourge of suicide, which is taking more veterans than war is." Trump, the GOP frontrunner, has not announced any new plans for veteran healthcare access as part of his campaign. Are you a veteran who will be impacted by expanded healthcare access?
Persons: , US Department of Veterans Affairs —, Orange, Shereef Elnahal, Elnahal, Joe Biden, Biden, Donald Trump, Trump Organizations: Service, , US Department of Veterans Affairs, Business, Affordable, PACT, Department of Veterans Affairs, Medicare, Biden Administration, Arlington National Cemetery, KFF, Kaiser Family Foundation, Democratic, GOP Locations: Vietnam, Iraq, Afghanistan
A former US surgeon general just got a taste of what frustrates countless Americans: a massive medical bill. AdvertisementAdams said his experience highlighted the exorbitant cost of medical care in the US and the lack of price transparency. AdvertisementIt's unclear why Adams' bill was so high since he said he hadn't received a breakdown of the charges. High-deductible plans have become more common as employers have shifted the cost of medical care to their workers. AdvertisementThe ER visit isn't Adams' first brush with an unexpected bill, and he fears it won't be the last.
Persons: Jerome Adams, Adams, Mayo Clinic didn't, Joe doesn't, hadn't, isn't Adams, That's, I've Organizations: Service, Mayo Clinic, Business, Kaiser Family Foundation, Peterson, Healthcare, Research, Mayo Locations: Scottsdale , Arizona
AdvertisementMost Americans worry they won't be able to pay expensive medical bills if they experience an emergency, and it's impacting their economic outlook. Voters also identified prescription drug prices, out-of-pocket medical costs, and The Affordable Care Act as priorities for how they will vote in the 2024 election. Over 70% of Democrats, Republicans, and Independents answered that general healthcare costs are their main financial stressor. AdvertisementTrump has been vocal about his plans to repeal and replace the Affordable Care Act should he win reelection. Still, KFF found that seven in 10 Republican voters don't think Trump has an alternate affordable healthcare plan.
Persons: , Joe Biden, Donald Trump —, Biden, Trump, Roe, Wade, Barack Obama —, KFF, Nikki Haley, Haley Organizations: Service, KFF, Kaiser Family Foundation, Affordable, Republicans, Independents, Medicare, Services, Democratic, US Department of Health, Human Services, Trump, Republican, Biden
Read previewSome Medicare recipients could save thousands of dollars on out-of-pocket drug costs next year as even more boomers reach their spending threshold. In 2023, 50.5 million Medicare beneficiaries were enrolled in Part D plans. About 65 million people in total are enrolled in Medicare, according to the Centers for Medicare & Medicaid Services. If the national cost cap had been in place in 2021, KFF estimates that 1.5 million Medicare beneficiaries would have seen relief. Are you a Medicare beneficiary who has seen relief from the out-of-pocket drug cost cap?
Persons: , Joe Biden's, California Medicare enrollees Organizations: Service, Medicare, Business, Kaiser Family Foundation, Institute, Social Security, Centers, Medicaid Services, California Medicare, Services Locations: California, California , Florida , Texas , New York, Pennsylvania
Read previewHealth insurance giant Cigna is exiting the lucrative senior business that's been a boon to insurers' bottom lines for years. It's a sign that the glory days of Medicare Advantage might be coming to an end. Cigna's senior business isn't the biggest, but it's also nothing to sneeze at. In January, Humana, the second-largest Medicare Advantage insurer with 6 million members, slashed its profit projections because of these costs. AdvertisementIn late 2023, rumors swirled that Cigna was looking to sell its Medicare Advantage plans so it could pull off a merger with Humana—the second-largest Medicare Advantage insurer.
Persons: , that's, Cigna, it's, It's, David Cordani, Cordani, Gary Taylor, Cowen, Taylor, Dean Ungar, Humana, Ungar Organizations: Service, Health Care Service Corp, Medicare, Business, Kaiser Family Foundation, Competition, Humana, Moody's Investors Service Locations: Illinois
New mothers in the state were previously eligible for Medicaid for only two months following childbirth. Increased access to Medicaid correlates with improved pre-pregnancy health, maternal health, and infant health outcomes, according to reports published in 2020 and 2021 by the KFF, formally known as the Kaiser Family Foundation. Texas is now one of 43 states that have extended the window for postpartum healthcare coverage under Medicaid. The monetary relief Texas mothers will receive depends on their specific income level and number of dependents. And Texas has seen recent efforts to limit abortion and reproductive health care access, especially following the reversal of Roe v. Wade.
Persons: , Diana Forester, Forester, Roe, Wade Organizations: Service, Business, Centers for Disease Control, Texas, Kaiser Family Foundation, Texans Care, Children, Medicaid Locations: Texas, United States
This story is available exclusively to Business Insider subscribers. A psychologist told Business Insider that the pandemic has "fostered a broader societal acceptance of spending time alone." Young people are prioritizing recharging over partying on the weekendsKwong told Business Insider she's been feeling this way for about a year. The pandemic has 'reduced social pressures,' a psychologist notedYasmine Saad, a licensed clinical psychologist, told BI that weekends feeling "different" now could be due to the pandemic and other global events and adversities that cause stress. This could suggest that people no longer feel the obligation they once did to hang out with friends on the weekends.
Persons: , Christina Kwong, Kwong, she's, Yasmine Saad, Saad, It's Organizations: Service, Business, Kaiser Family Foundation
CVS will change the way it prices drugs
  + stars: | 2023-12-05 | by ( Tami Luhby | Nathaniel Meyersohn | ) edition.cnn.com   time to read: +4 min
New York CNN —CVS is revamping the way it reimburses its pharmacies for prescription medications, a move that could make prescription drug pricing simpler and change how much consumers pay for their medicines. It’s a similar model to the one entrepreneur Mark Cuban is pushing with his Cost Plus Drugs company. This shift in payment models could change the cost of prescription drugs for some patients, although it will not necessarily make all medicine cost less. Some drugs may cost less, while others might rise in price, CVS executives said. Americans spend around $1,200 a year on average for prescription drugs — more than any other country — according to the Organization for Economic Co-operation and Development.
Persons: Mark Cuban, , Prem Shah, Nick Fabrizio, Fabrizio, they’ve Organizations: New, New York CNN, CVS, Plus, CVS Pharmacy, CVS Health, Cornell University, Organization for Economic Co, Kaiser Family Foundation, Amazon Pharmacy, Cuban, Plus Drug, Blue Locations: New York, California
The weekend’s gun violence comes as America’s scourge of mass shootings drags on. After the suspect in Maine’s mass shooting was found dead Friday, President Joe Biden reiterated his call to Congress to address gun violence. Investigation into Maine gunmanAuthorities were searching for the Maine mass shooter in Durham Friday. Also now under the microscope is a visit to Card’s home by police weeks before the mass shootings. The Maine National Guard asked local police to check on the gunman after a soldier became concerned he would “snap and commit a mass shooting,” according to information shared with CNN.
Persons: CNN —, , Jane Castor, Sheriff Tony Mancuso, Joe Biden, , Chris O'Meara, Matt Rourke, Robert Card, Michael Sauschuck, Card, Sauschuck, ” Sauschuck, CNN’s Raja Razek, Macie Goldfarb, Andy Rose, Shimon Prokupecz, Mark Morales, Linh Tran, Rachel Clarke, John Miller, Deidre McPhillips Organizations: CNN, Tampa police, WLS, Chicago Police Department, Nashville, Kaiser Family Foundation, Tampa, Child, San Antonio Police Department, San Antonio police, Texarkana Texas Police Department, Authorities, Texarkana, AP Authorities, Maine Recycling Corporation, Lisbon , Maine Public, US Army, Maine National Guard, National Guard Locations: Maine, Lewiston , Maine, Indianapolis, Tampa , Florida, Tampa, Chicago, Lake Charles , Louisiana, Calcasieu Parish, Louisville, California, Texas, Lewiston, , Ybor City, San Antonio, Texarkana , Texas, Durham, Lisbon , Maine, Sagadahoc County, Kennebec County
Is Crypto Financing Terrorism?
  + stars: | 2023-10-28 | by ( Ephrat Livni | Joe Nocera | More About Ephrat Livni | ) www.nytimes.com   time to read: +2 min
In 1980, there were 24 private equity firms, according to Prequin, which tracks alternative assets; by 2022, there were around 5,000 private equity firms controlling some 18,000 companies. Among the industries where private equity sank deep roots was health care. Thin margins have forced many nursing homes to shrink their nursing staff, leaving them ill prepared when the pandemic hit. One New Jersey analysis found that facilities owned by private equity had a higher rate of Covid-19 deaths and cases than nursing homes not owned by private equity. Fewer than 20 percent of all nursing homes meet a recently proposed minimum staffing level, according to a Kaiser Family Foundation estimate.
Persons: equity’s, Sabrina T, Howell, Mark Parkinson, Ms, Organizations: Healthcare Private Equity Association, New York University, Genesis Healthcare, Formation Capital, Kaiser Family, American Health Care Association Locations: Jersey, New Hampshire
He attached remarks by Johnson praising Louisiana's abortion ban and penalty of "hard labor for 1-10 years" and fines of $10,000-$100,000 for those who perform abortions. The Biden-Harris campaign and other groups circulated and posted images of three bills Johnson has sponsored that the Democrats said would "ban abortion nationwide." Already, six states – Michigan, California, Vermont, Kentucky, Kansas and Montana – have passed referendums that either enshrined abortion rights or rejected efforts to undo the right to abortion. Another referendum, one that would guarantee abortion rights, is on the ballot next month in Ohio. These numbers have Democrats believing they can keep the White House and flip the House – and Johnson has put a face to that effort.
Persons: Joe Biden, Mike Johnson, Johnson, MAGA Mike Johnson’s, Ammar Moussa, Kamala Harris, Donald Trump, Donald Trump’s “, Johnson –, Kevin McCarthy, California –, Nancy Pelosi, Biden, Harris, Don Beyer, Roe, Wade, Marjorie Dannenfelser Organizations: Republican, House Republican Conference, Biden, Louisiana Republican, Republicans, California Democrat, Democratic, Virginia Democrat, Democratic National Committee, Lincoln, Social Security, SBA, Kaiser Family Foundation, White Locations: Louisiana, California, Virginia, America, – Michigan, California , Vermont , Kentucky , Kansas, Montana, Ohio
PremiumsFrederic Cirou | Photoalto | Getty ImagesThe premium is the sum you pay an insurer each month to participate in a health plan. It's perhaps the most transparent and easy-to-understand cost component of a health plan — the equivalent of a sticker price. The average co-insurance rate for consumers is 19% for primary care and 20% for specialty care, according to KFF data. For example, would you struggle to pay a $1,000 medical bill if you require health care? If so, a health plan with a larger monthly premium and a smaller deductible may be your best bet, Sun said.
Persons: Frederic Cirou, Karen Pollitz, Luis Alvarez, you've, KFF, Pollitz, McClanahan, there's, Winnie Sun, She's, Sun, Carolyn McClanahan Organizations: Sdi, Photoalto, Kaiser Family Foundation, CNBC, Digitalvision, Getty, Kaiser Family Foundation Health, Network Health, Sun Group Wealth Partners, CNBC's FA Locations: Aetna, Irvine , California, CNBC's
When she died, Grandma Sue left the most common form of inheritance, called an accidental bequest, which is simply the money left over when someone dies. The New York Times reported on a coming inheritance wealth boom in 2023, 2019, 2014, 2008, and 1999. Even for families with incomes in the 51% to 90% range of earners, the average inheritance was $46,000 — hardly life-changing money. Researchers have been talking about the coming Great Wealth Transfer for at least a quarter of a century. But the reality is that all the wealth boomers are sitting on probably won't end up fixing our collective financial problems.
Persons: Grandma Sue, Grandma Sue's, , Xers, Gen Zers, Xer, shouldn't, Edward Wolff of, Maury Gittleman, Wolff, Gittleman, Michael Bloomberg, Warren Buffett, Larry Ellison, Bill Gates, Isabel Sawhill, It's, Penn, there's, they're, Bank of America cardholders, Joseph Smith, haven't, boomer, Ann Logue Organizations: Social Security, Medicaid, Boomers, Federal Reserve, New York Times, Edward Wolff of New York University, US Bureau of Labor Statistics, Federal, Brookings Institution, University of Pennsylvania, Penn, Medicare, Family Foundation, Bank of America, Consumer, Department of, Northwestern Mutual, IRS Locations: Northwestern, Chicago
The program, called the U.S. President’s Emergency Plan for AIDS Relief Program, or PEPFAR, started in 2003 by President George W. Bush. Congress missed the Sept. 30 deadline to renew funding for PEPFAR before it expired. The policy had not been included as a part of PEPFAR funding until 2017, when the Trump administration expanded the policy to include it as a part of the program. Advocates for PEPFAR contend the program does not directly or indirectly fund abortion services. For some countries, the health benefits of the PEPFAR program go beyond its mission of reducing the spread of AIDS.
Persons: George W, Joe Biden, PEPFAR, , , Chris Smith, Biden, Ronald Reagan, Trump, Bush, George Ingram, Matthew Miller, ” Miller, reauthorization, Ingram, ” Ingram, Carlos del Rio Organizations: U.S, President’s, AIDS Relief, U.S . State Department, PEPFAR, Congress, House Republicans, Biden Administration, House Global Health, Senate, Senators, Republicans, Center for Sustainable Development, Brookings Institute, Kaiser Family Foundation, Program, Emory University School of Medicine, State, Committee, Infectious Diseases Society of America Locations: U.S, New Jersey, Mexico, Washington, Africa, China, Russia
Insurers and the drug-industry middlemen they own stand to earn more as healthcare spending increases. AdvertisementAdvertisementFor US health insurers, explosive demand for new weight-loss drugs likely means bigger profits. Insurers and the drug-industry middlemen they own stand to earn more as weight-loss drugs drive up healthcare spending, BofA analysts wrote. Meanwhile, if the drugs help people live longer, insurers could earn more from higher enrollment in their health plans. As weight-loss drugs drive up healthcare spending, insurers will make more moneyWeight-loss drugs, which can cost around $1,000 a month, are driving up healthcare spending.
Persons: Li Ran, Brian Evanko, Evernorth Organizations: Trilliant Health, Bank of America Global Research, Getty, Cigna, CVS Health, UnitedHealth Group, CVS, Kaiser Family Foundation Locations: Xinhua, GLP
This year's hot girl summer was led by the women who propped up the US economy. The aid has been funding childcare for the past two years, which helps keep many moms working. The study polled 3,661 women and 1,144 men between November 19, 2020, and December 17, 2020. Simultaneously, if childcare centers closed, working women would bear the brunt — in a 2020 report, the National Women's Law Center found that 95% of childcare workers were women . AdvertisementAdvertisementParents, experts, and lawmakers have previously told Insider how vital childcare is to working parents.
Persons: Taylor Swift, Barbie, Christopher Nolan's, Oppenheimer, doesn't, Annie E, Lisa Hamilton, who've, Sen, Patty Murray Organizations: Service, Bloomberg, of Labor Statistics, American, Century Foundation, Labor Department, Family Foundation, National Women's Law Center, Casey Foundation Locations: Wall, Silicon, America, it's
In Toledo, Ohio, 41,000 residents will see around $240 million in medical debt relieved. Communities across the country have allocated at least $16 million toward relieving medical debt, according to the White House . Cook County officials connected Grim with RIP Medical Debt, a nonprofit that buys up medical debt across the country and wipes it out completely. "If you have your medical debt relieved, they can go back to the doctor again, they can put food on the table." Do you have medical debt, or have received medical debt relief?
Persons: Michele Grim, It's, Grim, Joe Biden, Grim — Organizations: Service, Kaiser Family Foundation, Consumer Financial, Bureau, American, ARPA Locations: Toledo , Ohio, Wall, Silicon, Ohio, Lucas County, Toledo, Cook County , Illinois, Cook, Cook County
Trump widened his lead among rural voters to 65% in 2020 from 59% in 2016. That includes $20 billion for rural health systems, $20 billion for clean-energy agriculture projects, $11 billion for rural electrification and $13 billion towards rural clean energy projects, the White House calculates. "You get out into the rural areas, and the folks are older and don't have the educational level. USDA data shows 21% of working-age adults in rural areas have at least a bachelor's degree compared to 37% in urban areas. "Biden and [Democratic] Maine Governor Janet Mills: they're too much bleeding hearts.
Persons: Joe Biden's, Andrea Shalal, Rhiannon Hampson, she's, Hampson, We've, Donald Trump, Trump, Barack Obama, Mark Brewer, Suzanne Mettler, Trevor Brown, Brown, Ron Kaufman, Kaufman, Mitt Romney, George H, Bush, Biden, Tom Perez, I'm, John Piotti, James Gimpel, Gimpel, Orange, Dick Bouchard, Janet Mills, Jared Golden, overplaying, TRUMP, Paul Tewes, Matt Hildreth, Nathan Layne, Heather Timmons, Suzanne Goldenberg Organizations: REUTERS, Rights, U.S . Department, Republicans, Democratic, Biden, Republican, Reuters Graphics Reuters, Trump, University of Maine, Cornell, Republican National Committee, Democratic National Committee, Political, Trust, Pew, Center for Information, Research, Civic, Tufts University . White, Family Foundation, Data, University of Maryland, Pew Research, DEMOCRATS Maine, Maine, Reuters, Democrats, Democratic Party, Thomson Locations: Waterville , Maine, U.S, Waterville, Presque Isle, America, North Carolina, Georgia, Wisconsin, Pennsylvania, Maine, Orono, Nebraska, Massachusetts, Utah, Maine's, Vietnam, Poland, Iowa, Ohio , Montana
Its maker, Novo Nordisk (NONOF), has raked in almost 49 billion Danish krone in profit ($7 billion) over the first six months of this year, up 32% from the same period in 2022. Novo Nordisk also produces Ozempic, a drug developed to treat type 2 diabetes but which contains the same active ingredient as Wegovy. Surging demandShares in Novo Nordisk have soared 34% since the start of 2023 to give the company a market capitalization of 2.2 trillion Danish krone ($322 billion). The stock shot up earlier this month after Novo Nordisk published the results of a five-year trial on the impact of Wegovy on cardiovascular disease. Novo Nordisk now expects its profits to grow by up to 37% this year, much higher growth than the maximum 19% rise it forecast in February.
Persons: Jens Naervig Pedersen, Pedersen, Jaap Arriens, ” Pedersen, “ We’ve, Andrew Kenningham, , juggernauts Roche Organizations: London CNN, Nordic, Novo Nordisk, Danish, Danske Bank, European Central Bank, CNN, Capital Economics, AstraZeneca, Kaiser Family Foundation Locations: United States, Denmark, Danish, Europe
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