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☆ Many women still face barriers to getting regular mammograms, CDC study finds
▼ + stars: | 2024-04-09 | by ( Mira Cheng | ) edition.cnn.com time to read: +5 min

Research shows that Black women and women of lower socioeconomic status are more likely to die from breast cancer. The earlier breast cancer is caught, the easier it is to treat, according to the National Breast Cancer Foundation. Routine screening mammograms have been shown to reduce breast cancer deaths by 22%, Houry said in a news conference. However, these new findings show that other health-related social needs also play a role, Miller said. “Health care providers can now assess whether women have health-related social needs and help women get the services they need.

Persons: Dr, Debra Houry, Houry, Jacqueline Miller, Miller, ” Miller, Sanjay Gupta, Lisa C, Richardson, ” Houry, “, ” Organizations: CNN, Centers for Disease Control, Health, Research, CDC, National Breast Cancer Foundation, US Preventive Services Task Force, Medicare, Services, CNN Health, CDC’s Division of Cancer Prevention Locations: United States, Rhode Island, Wyoming, CDC’s

☆ Why Retirement Feels so Scary for Millennials and Gen Z
▼ + stars: | 2024-04-09 | by ( Emily Stewart | ) www.businessinsider.com time to read: +9 min

Then you get to collect Social Security, on top of drawing from the nest egg you've built up over your career. In a recent CNBC survey, over half of respondents in the US said they thought they were behind on saving and planning for retirement. The burden of saving for retirement — and the anxiety that comes with it — is a fairly new phenomenon. There's nothing irrational about being nervous that you won't have enough money to live on to last your whole life. AdvertisementIt's not likely that Social Security will just dry up — Congress could increase the retirement age or up the funding for the program.

Persons: they'll, Teresa Ghilarducci, —, they'd, Larry Fink, there's, Fink, It's, they're, Norman Stein, Drexel University's Thomas R, Chris Woods, They're, Stein, Riley Moynes, it's, Woods, Emily Stewart Organizations: Social, CNBC, The New School, Workers, BlackRock, Drexel, Kline School of Law, Silvis, Social Security, GOP, Security, Business Locations: America, New, Charlotte , North Carolina

☆ How America's Retirement System Turned Into a Stressful Nightmare
▼ + stars: | 2024-04-09 | by ( Emily Stewart | ) www.businessinsider.com time to read: +9 min

Then you get to collect Social Security, on top of drawing from the nest egg you've built up over your career. The burden of saving for retirement — and the anxiety that comes with it — is a fairly new phenomenon. There's nothing irrational about being nervous that you won't have enough money to live on to last your whole life. The new system also allows people to dip into their retirement piles if need be — which can be both a blessing and a curse. AdvertisementIt's not likely that Social Security will just dry up — Congress could increase the retirement age or up the funding for the program.

☆ CPAP replacement works well for the overweight, not obese, study finds
▼ + stars: | 2024-04-04 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

CNN —An implant for obstructive sleep apnea — a serious sleep malady in which breathing stops for 10 seconds to two minutes many times an hour each night — works best in people who are overweight but not severely obese, a new study found. “There’s a huge unmet need of patients that are suffering with obstructive sleep apnea and not able to tolerate CPAP,” Landsness said. nicolesy/iStockphoto/Getty ImagesAbout a third of patients have difficulty using a CPAP and may ultimately abandon the device, Landsness said. Obstructive sleep apnea is also connected to type 2 diabetes, asthma, obesity, kidney disease, chronic obstructive pulmonary disease, thyroid disease and mental illnesses such as depression and anxiety. “As an alternative treatment for sleep apnea, this hypoglossal nerve stimulation surgery could revolutionize some people’s lives,” he said.

Persons: Eric Landsness, St . Louis, ” Landsness, ”, Kristen Knutson, “, Landsness, CPAP, Brandon Peters, Mathews, ” Peters, Raj Dasgupta, Dasgupta, “ I’ve Organizations: CNN, Washington University School of Medicine, Medicare, BMI, Northwestern University’s Feinberg School of Medicine, Virginia Mason Medical Center, Food and Drug Administration, Huntington Health, Mayo Clinic, telltale Locations: St ., Chicago, Seattle, Pasadena , California

☆ Why is there nostalgia for the Trump economy in the battleground states?
▼ + stars: | 2024-04-03 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

Yet those numbers are reversed when asked to rate the state’s economy. In Wisconsin, negative views of the national economy outweigh positive ones by 16 points, while positive views of the state economy outweigh negative ones by 17 points. Across these battleground states, 46% of registered voters said their personal financial situation is headed in the right direction. Now, more than half of registered voters in the Wall Street Journal poll of battleground states said they either strongly or somewhat approve of the job Trump did as president. Biden is neck-and-neck with Trump among registered voters in those seven swing states on the question of protecting democracy.

Persons: Joe Biden, Donald Trump, Larry Summers, Summers, Biden, Ariel Edwards, Levy, Edwards, “ People’s, ”, It’s, Trump, Biden’s, Joe, Jill Biden, Robert F, Kennedy Jr, “ He’s, ” Jill Biden, Will, Sen, Bernie Sanders, Sanders “, George W, – Trump’s, Bush Organizations: CNN — Voters, Wall Street, Biden, Treasury, Federal Reserve, Gallup, Journal, Street, CBS, Vermont, White, Big Pharma, Medicare, CNN, Republican, Trump, Capitol Locations: Arizona, Georgia, Michigan, North Carolina , Nevada , Pennsylvania, Wisconsin, North Carolina, brag, Iraq

☆ Some people are being given thousands of dollars with no strings attached in universal basic income trials. They mostly spend the cash wisely.
▼ + stars: | 2024-04-03 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +7 min

Interest in universal basic income has grown due to the pandemic, Elon Musk, Sam Altman, and economic pain. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementYet a common question and concern about UBI remains how people spend the money. Related storiesThe Guaranteed Income Pilots Dashboard , a joint project from the Stanford Basic Income Lab and the Center for Guaranteed Income Research, pulls together data from more than 30 pilot programs in the US involving nearly 8,300 participants. GiveDirectly, a nonprofit, is providing universal basic income to 20,000 people across 200-odd royal villages in Kenya over 12 years.

Persons: Elon Musk, Sam Altman, —, It's, Karl Widerquist, Fabian Wendt, Rebecca Hasdell, UpTogether, Monique Gonzalez, Stephanie Hendon, Widerqist, Matt Bruenig, Douglas MacKay, Chapel Hill, MacKay Organizations: Service, Georgetown University, Qatar, Stanford, Income, Center, Research, UNC, Chapel Locations: Virginia, Kenya, San Antonio , Texas

☆ Retirement crisis looms as Americans struggle to save
▼ + stars: | 2024-04-02 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

“However, I am fully aware that I’m creating another problem for myself down the road.”For now, his retirement plans sit on the back burner. Retirement savings in the United States were long thought of as a three-legged stool. Americans had pension plans, Social Security benefits, and defined contribution plans like the 401(k). Social Security payments still provide about 90% of income for more than a quarter of older adults, according to Social Security Agency surveys. She’s had to rely on her 401(k) retirement savings to support her and her son more than once.

Persons: Eric Payne, there’s, ”, Payne, I’ve, he’ll, What’s, Larry Fink, “, –, ” Fink, Fink, Jamie, She’s, – Jamie, wasn’t, Donald Trump, ” Trump, Joe Biden, Karoline Leavitt, Trump, Biden, Bernie Sanders, Sanders, BlackRock’s Fink, Beth, ” Beth Organizations: New, New York CNN, CNN, Social Security, Social, Social Security Agency, Security, Lawmakers, BlackRock, CNBC, Vermont Independent, Medicare Locations: New York, Portland , Maine, United States, Central Texas, Pittsburgh

☆ Health insurer stocks slide as final Medicare Advantage rates disappoint
▼ + stars: | 2024-04-02 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +1 min

Shares of U.S. health insurers fell Tuesday after the Biden administration didn't boost payments for private Medicare plans as much as the insurance industry and investors had hoped. Shares of CVS Health fell more than 8% on Tuesday, while UnitedHealth Group 's stock slid nearly 7%. Shares of Elevance Health dropped more than 3% and Centene 's stock fell 6%. Meanwhile, Humana 's stock fell more than 10%. The health-care giant is far more dependent on those private Medicare plans, known as Medicare Advantage, than its rivals.

Persons: Biden, Humana Organizations: Humana Inc, CVS Health, Elevance Health Locations: Louisville , Kentucky, U.S

☆ Stocks making the biggest moves midday: Tesla, GE Vernova, UnitedHealth Group and more
▼ + stars: | 2024-04-02 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Tesla — Tesla shares sank more than 6% after the electric vehicle maker reported an 8.5% year-over-year decline in deliveries in the first quarter. GE Vernova — Shares jumped more than 3% after GE Vernova started trading on the New York Stock Exchange on Tuesday under the ticker "GEV," following its spinoff from General Electric. Shares of GE Aerospace , which was formerly General Electric and is keeping the "GE" ticker symbol, gained roughly 1%. Figs — Shares of the health-care apparel maker slipped 6.2% following a Bank of America downgrade to underperform from neutral. Horton — The homebuilder's shares slipped 3.7%.

Persons: PVH, Calvin Klein, Tommy Hilfiger, Blackstone, Nextracker, Horton —, Wedbush, Horton, Brent Bowman, Tim Cabral, —, Sarah Min, Alex Harring, Samantha Subin Organizations: GE, —, GE Vernova, New York Stock Exchange, General Electric, GE Aerospace, SLB, CVS, Health, Medicare, Medicaid Services, CVS Health, UnitedHealth, Endeavor, Silver, Blackstone —, UBS, Barclays, Bank of America, Veeva Locations: Europe, D.R

☆ Stocks making the biggest moves premarket: PVH, UnitedHealth, CVS Health, ChampionX and more
▼ + stars: | 2024-04-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

PVH — Shares of the Calvin Klein and Tommy Hilfiger parent tanked more than 21% on weak revenue guidance for the first quarter and full year. Humana , UnitedHealth — Health insurance managed care stocks declined after the Center for Medicare and Medicaid Services announced rates for the 2025 calendar year will increase 3.7%, as previously proposed. Humana shed 9.6%, while CVS Health tanked 5.3%. GE Aerospace — General Electric shares ticked higher by 0.6% after the company completed spinning off its energy business from its aerospace business. GE Vernova will begin trading on the New York Stock Exchange at market open under the ticker GEV, while General Electric — which becomes GE Aerospace — will keep the GE ticker symbol.

Persons: Calvin Klein, Tommy Hilfiger, Estee Lauder —, Estee Lauder, Blackstone — Blackstone, —, Sarah Min, Hakyung Kim, Jesse Pound Organizations: Center, Medicare, Services, CVS, UnitedHealth, Citi, Blackstone, UBS, Trump Media, Technology, Truth, Bank of America, GE Aerospace — General Electric, GE Vernova, New York Stock Exchange, General, GE Aerospace, GE, SLB Locations: Europe

☆ Jim Cramer shares his thoughts on GE Aerospace, GE Vernova, UnitedHealth, Tesla, PVH and Paychex
▼ + stars: | 2024-04-02 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. GE Aerospace , GE Vernova : General Electric completed its breakup into three publicly traded companies. Its renewable energy and power unit began trading Tuesday as GE Vernova with the stock ticker GEV. The GE Vernova business "turned out to be far better than I thought," Cramer acknowledged. Cramer's CNBC Investing Club has owned shares of GE Healthcare for nearly a year .

Persons: Jim Cramer's, Jim Cramer, Cramer, Humana, Biden, It's, Tesla, Calvin Klein, Tommy Hilfiger Organizations: CNBC, Club, GE Aerospace, GE Vernova, Electric, GE, Boeing, GE Healthcare, UnitedHealth, Ford, PVH Corp, TJX Companies

☆ Hospitals Must Get Written Patient Consent for Pelvic Exams, H.H.S. Says
▼ + stars: | 2024-04-01 | by ( Emma Goldberg | More About Emma Goldberg | ) www.nytimes.com time to read: +1 min

The Department of Health and Human Services said on Monday that hospitals must obtain written informed consent from patients before they undergo sensitive examinations — like pelvis and prostate exams — especially if the patients will be under anesthesia. A New York Times investigation in 2020 found that hospitals, doctors and doctors in training sometimes conducted pelvic exams on women who were under anesthesia, even when those exams were not medically necessary and when the patient had not authorized them. Sometimes these exams were done only for the educational benefit of medical trainees. “The Department is aware of media reports as well as medical and scientific literature highlighting instances where, as part of medical students’ courses of study and training, patients have been subjected to sensitive and intimate examinations,” the letter said. “It is critically important that hospitals set clear guidelines to ensure providers and trainees performing these examinations first obtain and document informed consent.”

Persons: ” Organizations: of Health, Human Services, New York Times, Health, department’s Centers, Medicare, Services, Civil Rights

☆ S&P 500 futures are little changed Monday evening: Live updates
▼ + stars: | 2024-04-01 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange on April 1, 2024. Futures tied to the S&P 500 were little changed Monday night after the broad market index and the Dow Jones Industrial Average slipped to begin April. S&P 500 futures and Nasdaq 100 futures each dipped lower by less than 0.1%. Futures tied to the 30-stock Dow slipped 118 points, or 0.3%, as shares of UnitedHealth fell. To conclude Monday's session, the Dow fell nearly 241 points, or 0.6%, while the S&P 500 slid 0.2%.

Persons: Dow, UnitedHealth, David Miller, — Organizations: New York Stock Exchange, Dow Jones, Nasdaq, Medicare, Services, Humana, CVS Health, Federal Reserve, Catalyst Capital Advisors, CNBC, Labor, Survey Locations: UnitedHealth

☆ Byron Donalds, potential VP pick, once attacked Trump and praised outsourcing, privatizing entitlements
▼ + stars: | 2024-03-29 | by ( Andrew Kaczynski | Em Steck | ) edition.cnn.com time to read: +7 min

“President Trump is considering Byron as his running mate because of the Congressman’s steadfast support for the 45th President and his historic policy agenda. Donalds rose to prominence in Trump world last year when the Florida congressman endorsed Trump over Florida Gov. While Trump has asked allies their thoughts on Donalds as vice president, advisers have acknowledged the complications of this scenario given they both are residents of Florida. But Donalds’ embrace of Trump when running for Congress was a far cry from his tea party activism a decade ago. During his 2012 campaign for Congress, Donalds heavily embraced calls to privatize Social Security and Medicare – two programs Trump (and Donalds) now promise not to cut.

Persons: Byron Donalds, Donald Trump, Donalds, Barack Obama, “ Trump, ” Donalds, CNN’s KFile, Trump, –, Obama, Facebook “ Trump, Bush, ” “ Trump, Trump’s, Byron, ”, Ohio Sen, J.D, Vance, Elise Stefanik, Florida Sen, Marco Rubio, Joe Biden, Ron DeSantis, He’s, Mitt Romney, Romney, it’s, “ I’m, Paul Ryan Organizations: CNN, Florida Republican Rep, Facebook, White, Social Security, “, Republican, New York, Trump, Florida Gov, Fox News, GOP, Congress, statehouse, Democrats, Rep, Republicans Locations: China, Michigan, Ohio, Florida, Trump, let’s, Bangladesh, Taiwan, Chile

☆ Opinion | The Great Tension Inside the Trump G.O.P.
▼ + stars: | 2024-03-29 | by ( Ross Douthat | ) www.nytimes.com time to read: +2 min

How might these commitments be paid for if these pro-government Republicans had their way? A different poll, from Bloomberg and Morning Consult, suggested one possible answer: Surveying voters in seven swing states, it found that 58 percent of self-described conservative Republicans strongly or somewhat supported raising taxes on Americans making $400,000 or more a year. These populist perspectives — tax the upper class and spend on health care and income support — aren’t especially surprising, given the Republican Party’s slow transformation into a more downscale coalition, a process in which it has gained blue-collar and non-college-educated supporters and lost affluent suburbanites to the Democratic Party. But good luck finding evidence of this populist transformation in the party’s current policy proposals. Consider, for instance, the latest budget proposal from the Republican Study Committee, the conservative House caucus that claims about 80 percent of Republican representatives as members.

Persons: Newt Gingrich, Paul Ryan Organizations: American Compass, Republican, Social Security, Republicans, Bloomberg, Morning, Democratic Party, Committee, House, Trump

☆ Eli Lilly climbs on win for rival weight-loss drug, and we still feel good about Abbott Labs
▼ + stars: | 2024-03-28 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Abbott update : Shares of Abbott Laboratories were slightly higher Thursday, on pace for their third straight day of gains. The embattled cosmetics company was the top-performing Club stock in Thursday's session, boosted by an upgrade at Bank of America . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Eli Lilly, Wegovy, Abbott, Louis, Jim, Reckitt's Mead Johnson, Mead, Johnson, Stanley Black, Decker, Estee Lauder, Lauder, there's, Jim Cramer's, AJ Mast Organizations: CNBC, Stocks, Bloomberg, Amazon Pharmacy, Rite, Abbott Laboratories, Abbott, NEC, Home, U.S, Bank of America, Jim Cramer's Charitable, Getty Locations: U.S, St, Illinois, China, Indianapolis , Indiana

☆ Bernie Sanders wants to make Ozempic cheaper
▼ + stars: | 2024-03-28 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +2 min

Sen. Bernie Sanders said the price of Ozempic is "outrageously high." A recent study found that Ozempic can be made for less than $5 per month — but it costs nearly $1,000. AdvertisementSen. Bernie Sanders is outraged by the price of Ozempic — so much that he wants to meet with the CEO of its maker, pharma giant Novo Nordisk, Bloomberg reports. Related stories"A new Yale study found that Ozempic costs less than $5 a month to manufacture," Sanders said in a statement. Novo Nordisk also spent $5 billion on R&D globally in 2023, the company said.

Persons: Sen, Bernie Sanders, —, Sanders, Lars Fruergaard Jørgensen, Sanders — Organizations: Novo Nordisk's, Bloomberg, Service, pharma, Novo Nordisk, Health, Education, Labor, Yale, Nordisk Locations: Novo, GLP, Canada, Germany, U.S, America

☆ A 68-year-old athlete shares 5 workout rules that keep him young, fit, and energized
▼ + stars: | 2024-03-27 | by ( ) www.businessinsider.com time to read: +6 min

National Senior Games athlete Paul Ostermann said working out has kept him healthy and energized. Having a workout goal and community can help you stay motivated and be consistent, he said. AdvertisementPaul Ostermann doesn't just want to be a centenarian — he plans to stay competitive every step of the way. Bench presses, military presses, and bodyweight moves like pull-ups all help to build a strong core and good stability. You can use this technique even if you only work out two days a week instead of six.

Persons: Paul Ostermann, —, Paul Ostermann doesn't, Ostermann, I'm, haven't, — Ostermann, they'll, he's, He's Organizations: Senior Games, Service, Business, Senior, MMA Locations: Ohio

☆ UnitedHealth Group has paid more than $3 billion to providers following cyberattack
▼ + stars: | 2024-03-27 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +4 min

UnitedHealth Group has paid out an additional $1 billion to providers that have been impacted by the Change Healthcare cyberattack since last week, bringing the total amount of funds advanced to more than $3.3 billion, the company said on Wednesday. UnitedHealth, which owns Change Healthcare, discovered in February that a cyber threat actor had breached part of the unit's information technology network. The interruptions left many health-care providers temporarily unable to fill prescriptions or get reimbursed for their services by insurers. Many health-care providers rely on reimbursement cash flow to operate, so the fallout has been substantial. Federal agencies like the Centers for Medicare & Medicaid Services have introduced additional options to ensure that states and other stakeholders can make interim payments to providers, according to a release.

Persons: UnitedHealth, it's, Mandiant, Jamie Raskin, Andrew, Raskin, Biden Organizations: UnitedHealth, Healthcare, SEC, CNBC, American Hospital Association, Medicare, Medicaid Services, U.S . Department of Justice, of State, Wednesday, United Health, Palo Alto Networks, Change Healthcare Locations: Palo

☆ Runaway government debt could sink markets and slam the economy, 2 watchdogs warn
▼ + stars: | 2024-03-26 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

The US government's ballooning interest payments are eating a hole in its budget, they said. "We are headed toward record spending levels, record deficit levels, record debt levels, record interest payments — the list goes and on," Maya MacGuineas, the president of the Committee for a Responsible Federal Budget, told Fox Business this week. While the US isn't at imminent risk of that kind of chaos, bond markets could "snap back" if the government's interest payments soar to $1 trillion in 2026 as expected, Swagel said. AdvertisementHowever, she noted that some experts on Wall Street were "incredibly worried" about the national debt and interest payments. DoubleLine Capital CEO Jeffrey Gundlach has also sounded the alarm on debt payments.

Persons: —, MacGuineas, Philip Swagel, Liz Truss, Swagel, bitcoin, Jim Rogers, George Soros, He's, Jeffrey Gundlach Organizations: Investors, Service, Federal Budget, Fox Business, Congressional, Office, Financial Times, Bank of, CBO, Wall, DoubleLine

☆ Biden and Harris team up for a rare joint appearance in North Carolina to take on GOP over health care
▼ + stars: | 2024-03-26 | by ( Arlette Saenz | Tami Luhby | ) edition.cnn.com time to read: +10 min

It’s taking place on the heels of a campaign push slamming Trump for threatening to repeal the Affordable Care Act if he’s elected to a second term. Dunn argued the GOP plan shows “the Affordable Care Act is still very much under attack by Republican officials.”In contrast, Biden and Harris are expected to highlight the success of the Affordable Care Act and discuss efforts to expand access to health care and lower prescription drugs costs. Biden’s team also hopes the popularity of the Affordable Care Act and proposals to lower health care and prescription drug costs will resonate with voters at the ballot box. More than 45 million people in total have gained coverage through the Affordable Care Act, according to the Biden administration. Roy Cooper had advocated for the Affordable Care Act provision for years, finally convincing the Republican-led legislature to drop its long-standing opposition.

Persons: Joe Biden, Kamala Harris, Donald Trump, mifepristone, Tuesday’s, It’s, Trump, “, Biden, Harris, ”, Anita Dunn, he’s, Dunn, Roy Cooper, Josh Stein, Mark Robinson, Cooper Organizations: Washington CNN, Raleigh, Democratic, Trump, Marist, Union, Republican, Affordable, White, What’s, American, Children’s Health Insurance, Medicare enrollees, Medicare, Medicaid, Democratic Gov, GOP, Senate, Gov Locations: North Carolina, Pennsylvania, Georgia , Wisconsin , Michigan, Nevada, Arizona, New Hampshire, Texas, Southern, Georgia, South Dakota, Florida, Kansas, Mississippi

☆ Medicare spending on Ozempic and similar diabetes drugs soars, study finds, and it could end up costing seniors
▼ + stars: | 2024-03-26 | by ( Tami Luhby | ) edition.cnn.com time to read: +2 min

CNN —Medicare shelled out $5.7 billion on Ozempic and other similar diabetes drugs in 2022, up from $57 million in 2018, according to a new KFF analysis. Medicare began covering Ozempic for people with diabetes in 2018, with Rybelsus and Mounjaro joining in 2019 and 2022, respectively. The KFF study examined gross spending, which does not take into account any rebates paid by drug manufacturers that would lower Medicare spending. The drugs’ popularity and prices could end up raising costs for both the federal government and Medicare enrollees broadly. Medicare could choose Ozempic and Rybelsus for its drug negotiation program as early as 2025, KFF wrote, which could lower spending on the medications.

Persons: Mounjaro, ” KFF, KFF Organizations: CNN, Medicare, US Food and Drug Administration, Congressional

☆ Medicare can now cover certain weight loss drugs in a big step for patients
▼ + stars: | 2024-03-21 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

Medicare can start covering certain weight loss drugs for the first time — as long as they are approved for an added health benefit, the Centers for Medicare and Medicaid Services said Thursday. Medicare prescription drug plans administered by private insurers, known as Part D, currently cannot cover those drugs for weight loss alone. A provision of a 2003 law established that Medicare Part D plans can't cover drugs used for weight loss, but the program does cover obesity screening, behavioral counseling and bariatric surgery. A CMS spokesperson told CNBC last week that Medicaid programs would be required to cover Wegovy specifically for its new cardiovascular use. Around 1 in 5 state Medicaid programs currently cover GLP-1 drugs for weight loss.

Persons: Ozempic, Eli Lilly Organizations: Novo Nordisk, Medicare, Centers, Services, Drug, Food and Drug Administration, CVS, Aetna, International Foundation of Employee, CNBC, FDA Locations: London, Britain, U.S

Congress has until Friday at midnight to pass six major spending bills to avert a partial government shutdown. Six spending bills that cover roughly three-quarters of all federal discretionary spending are at stake:– Defense: Includes funding for nearly all military-related activities. – State, Foreign Operations and Related Programs: Includes funding for U.S. diplomatic activities, cultural exchanges, development and humanitarian assistance. As of Monday morning, appropriators had yet to release any of the six funding bills they’ll need to pass. The stalemate comes in the wake of Republicans killing the bipartisan Senate border deal last month.

Persons: appropriators, they’re Organizations: –, – Financial Services, General Government, Department of, Treasury, of Columbia, – Department of Homeland Security, Federal Emergency Management Agency, Coast Guard, Customs, Immigration Services, Labor, Health, Human Services, Education, Centers for Disease Control, Food and Drug Administration, Social Security, National Labor Relations Board, Senate, U.S . Capitol Police, of Congress, Foreign, House Republican, White House, Department of Homeland Security Locations: U.S, – State

☆ UnitedHealth Group has paid more than $2 billion to providers following cyberattack
▼ + stars: | 2024-03-18 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

UnitedHealth Group said Monday that it's paid out more than $2 billion to help health-care providers who have been affected by the cyberattack on subsidiary Change Healthcare. "We continue to make significant progress in restoring the services impacted by this cyberattack," UnitedHealth CEO Andrew Witty said in a press release. "We know this has been an enormous challenge for health care providers and we encourage any in need to contact us." It also introduced a temporary funding assistance program to help health-care providers experiencing cash flow trouble because of the attack. A survey published by the American Hospital Association on Friday found that 94% of hospitals have experienced financial disruptions from the Change Healthcare attack.

Persons: it's, Andrew, UnitedHealth, Rick Pollack, Biden, UnitedHealth hasn't, Scott Gottlieb Organizations: UnitedHealth, Change Healthcare, Healthcare, Medicare, Medicaid Services, American Hospital Association, Administration, U.S . Department of Health, Human Services, Office, Civil Rights, Palo Alto Networks, Google Locations: Palo

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