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☆ Idaho asks US Supreme Court to allow near-total abortion ban
▼ + stars: | 2023-11-27 | by ( John Kruzel | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +3 min

The sun sets on the U.S. Supreme Court building after a stormy day in Washington, U.S., November 11, 2022. Idaho's Republican attorney general and top Republican state lawmakers in court papers told the Supreme Court that Winmill's ruling has permitted "an ongoing violation of both Idaho's sovereignty and its traditional police power over medical practice." Winmill that month agreed, blocking the Idaho law from being enforced in cases of abortions needed to avoid putting the woman's health in "serious jeopardy" or risking "serious impairment to bodily functions." Circuit Court of Appeals in September agreed to let Idaho enforce its ban amid an appeal. But the full 9th Circuit this month reversed the panel's ruling, granting the Biden administration's request to block the Idaho law while the appeal proceeds.

Persons: Leah Millis, Joe Biden's, District Judge B, Lynn Winmill's, Wade, Roe, Biden, James Wesley Hendrix, preliminarily, John Kruzel, Will Dunham Organizations: U.S, Supreme, REUTERS, Rights, Monday, Republican, Democratic, District Judge, Defense, U.S . Department of Health, Human Services, Labor, Biden, Circuit, Appeals, District, Thomson Locations: Washington , U.S, Idaho, In Idaho, U.S, San Francisco, Texas, New Orleans

☆ Senators Call for Investigation of Health Insurers’ Role in Driving Up Drug Costs
▼ + stars: | 2023-11-22 | by ( Joseph Walker | ) www.wsj.com time to read: 1 min

Sen. Elizabeth Warren, a Democrat from Massachusetts, is one of the two lawmakers who sent the federal government a letter urging a probe into high drug prices. Photo: Al Drago/Bloomberg NewsA pair of U.S. senators called on the federal government to investigate health insurers that are paying high prices for generic drugs for serious diseases like cancer and multiple sclerosis. Sen. Elizabeth Warren (D., Mass.) and Sen. Mike Braun (R., Ind.) sent a letter on Wednesday to the U.S. Department of Health and Human Services’ Office of Inspector General requesting an investigation into the high drug prices and any role played by health insurers’ shared ownership with the pharmacies that often fill the prescriptions.

Persons: Sen, Elizabeth Warren, Al Drago, Mike Braun, ’ Organizations: Bloomberg, U.S . Department of Health, Human Services ’ Locations: Massachusetts, Ind

☆ The price of love: Three important money tips for caregivers
▼ + stars: | 2023-11-21 | by ( Chris Taylor | ) www.reuters.com time to read: +5 min

For three years, Miura chipped in time, money and care, taking her grandmother to the emergency room so often that she got to know all the hospital security guards by name. "It was very stressful," said Miura, now 28, who helps others in this situation at her advisory Spark Financials. "What stands out for me is the number of people who are not only caregivers, but financial caregivers too," said Surya Kolluri, who heads the TIAA Institute. No wonder caregivers' financial lives are impacted: On average they have fewer assets and higher debt than non-caregivers, the report found. Remember that others could likely contribute money or time or both as well, including siblings, children, friends, cousins and in-laws.

Persons: Michaela Rehle, Danielle Miura, Neda, Miura, Surya Kolluri, Mary Naylor, Penn, –, Chris Taylor, Lauren Young, Richard Chang Organizations: REUTERS, TIAA Institute, University of Pennsylvania School of Nursing, NewCourtland, Transitions, U.S . Department of Health, Human Services, Alliance, National Alliance for Caregiving, Thomson Locations: Planegg, Munich, GERMANY, Ripon , California

☆ It's open enrollment season for health coverage. If you're self-employed, you can't afford to ignore it
▼ + stars: | 2023-11-13 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +6 min

Picking health insurance on your own — without the help of a human resources department — can be daunting. Instead of throwing up your hands in frustration, here are answers to questions self-employed individuals often have about open enrollment. Doing nothing will mean they are automatically reenrolled in last year's marketplace plan. How much health insurance costs the self-employed Cost will vary, depending on the plan you choose, who is covered and what subsidies you're eligible for. If you want more specific help, you can also choose to work with an agent or broker who is trained and certified to sell marketplace health plans in the state they are licensed.

Persons: Anthony Lopez, Alexa Irish, Laura Speyer, enrollees, Lopez, You'll Organizations: Getty, Centers, Medicare, Medicaid Services, U.S . Department of Health, Human Services, deductibles, state's Department of Insurance Locations: trepidation, eHealth

☆ Exclusive: Cigna explores shedding Medicare Advantage business -sources
▼ + stars: | 2023-11-06 | by ( David Carnevali | ) www.reuters.com time to read: +4 min

Cigna is working with an investment bank to evaluate options for its Medicare Advantage business, which could fetch several billions of dollars in a potential divestment, the sources said. Cigna's Medicare Advantage business generated 4.4% of the company's $179.4 billion in revenue from external customers in 2022. Cigna also said profit margins in Medicare Advantage in 2023 continue to be below its long-term target of 4% to 5%, which it expected to remain the case in 2024. Cigna has said it expects changes to the government's star rating system, which informs some of the reimbursement decisions, will lead to a decrease in the rating of its Medicare Advantage business in payment-year 2024. Cigna said in September it would pay about $172 million to settle charges from U.S. prosecutors that it overcharged the Medicare Advantage program by making patients appear more ill than they actually were.

Persons: Andrew Kelly, Cigna, Goldman Sachs, David Carnevali, Bill Berkrot Organizations: REUTERS, Cigna, Reuters, Medicare, U.S . Centers, Services, U.S . Department of Health, Human Services, Thomson Locations: Queens , New York City, U.S, HealthSpring, Bloomfield , Connecticut, New York

☆ US Shifting COVID Antivirals to Commercial Market on Nov. 1
▼ + stars: | 2023-10-27 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +2 min

The government has been overseeing distribution of the treatments, alongside vaccines and tests, but has transferring that work to traditional commercial channels. Commercial ordering for the treatments is set to start on Nov. 1. The U.S. government paid around $530 per course for Paxlovid, the most commonly prescribed at home COVID-19 treatment in the country, and made it available at no cost. Returns will begin on Nov. 15, the official said, and will be accepted through the end of the year. The government is recommending returns start in December enough time for the establishment of patient assistance programs and securing of commercially-labeled doses.

Persons: Ahmed Aboulenein WASHINGTON, Lagevrio, Ahmed Aboulenein, Marguerita Choy Organizations: U.S, Pfizer, Paxlovid, U.S . Department of Health, Human Services Locations: U.S

The government has been overseeing distribution of the treatments, alongside vaccines and tests, but has transferring that work to traditional commercial channels. Commercial ordering for the treatments is set to start on Nov. 1. Returns will begin on Nov. 15, the official said, and will be accepted through the end of the year. The government is recommending returns start in December enough time for the establishment of patient assistance programs and securing of commercially-labeled doses. Reporting by Ahmed Aboulenein Editing by Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

Persons: Lagevrio, Ahmed Aboulenein, Marguerita Choy Organizations: U.S, Pfizer, Paxlovid, U.S . Department of Health, Human Services, Thomson Locations: U.S

“We are suing to stop the federal government from playing politics with the health of Tennessee women,” Skrmetti said in a statement. In 2021, the Biden administration reversed a ban on abortion referrals by clinics that accept Title X funds. Under the latest rule, clinics cannot use federal family planning money to pay for abortions, but they must offer information about abortion at the patient's request. Then, last year, the U.S. Supreme Court overturned Roe v. Wade, allowing many Republican-led states like Tennessee to impose abortion bans. Tennessee has increasingly called for rejecting federal funding rather than comply with requirements over LGBTQ+ rights, abortion access and other hot-button issues.

Persons: —, Jonathan Skrmetti, ” Skrmetti, Biden, Donald Trump, Roe, Wade, Bill Lee, ” Organizations: U.S . Department of Health, Human Services, U.S, Supreme, Republican, HHS, Tennessee, Republican Gov, Volunteer State Locations: Tenn, U.S, Knoxville, Tennessee, United States

LANSING, Mich. (AP) — Federal law that prohibits insurers from denying healthcare based on preexisting conditions, or kicking dependents off their parent’s coverage until age 26, is now codified separately into Michigan law. Gretchen Whitmer signed legislation Thursday that attempts to duplicate the Affordable Care Act, known as “Obamacare,” into state law. Earlier this year, a federal judge struck down the ACA preventive care provision. The U.S. Department of Health and Human Services estimates that 150 million people in private health plans have benefited from the no-cost preventive services. A number of other states have codified Affordable Care Act provisions into state law.

Persons: Gretchen Whitmer, Obamacare, Whitmer Organizations: —, Democratic, “, U.S, Supreme, U.S . Department of Health, Human Services, Michigan House, Republicans, Democrats Locations: LANSING, Mich, Michigan, ”

☆ Over 7 million Americans have gotten updated COVID vaccines
▼ + stars: | 2023-10-12 | by ( Patrick Wingrove | ) www.reuters.com time to read: +2 min

Millions of doses of another updated COVID vaccine from Novavax (NVAX.O) have also been made available to Americans this week, according to the company. Last year's booster targeting the original virus and another variant was rolled out about 10 days earlier. By Sept. 28, 2022, almost 7.6 million Americans had received the updated shots. U.S. public health officials have been optimistic that Americans will get the new vaccines and have recommended that everyone ages 6 months and older receive one. About 17% of the U.S. population, or 56.5 million people, ultimately received last year's version of the vaccines.

Persons: Emily Elconin, Patrick Wingrove, Bill Berkrot Organizations: REUTERS, U.S . Department of Health, Human Services, Pfizer, Moderna, U.S . Centers, Disease Control, Thomson Locations: Waterford , Michigan, U.S, Moderna, Novavax

☆ Israel pummels Gaza after Hamas attack
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: 1 min

Future of Health category · October 12, 2023 · 4:04 PM UTCMore than 7 million Americans had rolled up their sleeves for the updated COVID-19 vaccines as of Wednesday, according to the U.S. Department of Health and Human Services, despite reports that some people are still finding it difficult to book vaccination appointments or find the shots at no cost.

Organizations: U.S . Department of Health, Human Services

The U.S. government in May ended the COVID public health emergency declaration during which it bought the shots and provided them to all Americans for free. In the current privatized system, health insurance plans by law must cover the shots at no cost. McKesson (MCK.N), one of the largest U.S. wholesalers, said it has distributed over 3.8 million shots so far. "Health insurance providers continue to educate Americans about where and how to get their COVID vaccines within their plan’s coverage," David Allen, a spokesperson for insurance lobby group AHIP said. Now that the government is no longer footing the bill for their vaccine supply, pharmacy owners need to pay for the shots.

Persons: Kate MacDowell, MacDowell, Kaiser, David Allen, AHIP, David Kohll, James Daily, he's, Suzanne Berman, Michael Erman, Ahmed Aboulenein, Caroline Humer, Bill Berkrot Organizations: Pfizer, U.S . Department of Health, Human Services, Kaiser Permanente, COVID, Moderna, CVS, Walmart, Walgreens, Walgreens Boots Alliance, Cardinal Health, Reuters, Kohll's Pharmacy, Thomson Locations: WASHINGTON, U.S, Portland , Oregon, Oregon, California, Nebraska, Readington , New Jersey, Crossville , Tennessee, New York, Washington

Advocates for comprehensive sex education say the restrictions in early education may prevent kids from getting age-appropriate foundational knowledge that they build on each year, said Alison Macklin, director of policy and advocacy at the progressive sex education organization SIECUS. To comply with the new law in Kentucky, for example, the state’s education agency advised schools eliminate fifth-grade lessons on puberty and reproductive body parts. Twenty-eight states require sex education, and 35 require HIV education, according to tracking by the Guttmacher Institute, a research group that supports abortion rights. Massachusetts, for example, recently announced new sexual health education guidelines, which were last updated in 1999. She remembers just one optional day of sex education in middle school.

Persons: Anne, Marie Amies Oelschlager, Alison Macklin, “, Macklin, aren't, ”, David Walls, Kathleen Ethier, Ethier, don’t, ” Ethier, Hope Crenshaw, aren’t, ” Crenshaw, Kayla Smith, ” Smith, Holly Ramer, Rebecca Boone Organizations: DES, Republican, Seattle Children's Hospital, The, Foundation, Guttmacher Institute, U.S . Centers for Disease Control, U.S . Department of Health, Human Services, Public Health, HHS, New, PREP, CDC’s, Adolescent, School Health, CDC, Teen Health Mississippi, University of Mississippi, Associated Press Locations: DES MOINES, Iowa, Seattle, Indiana, Arkansas, In Kentucky, Florida, Kentucky, ”, Massachusetts, New Hampshire, Alabama, Colorado , Florida , Idaho , Iowa, South Carolina, Tampa, Orlando, Jacksonville, Miami, agency’s, Mississippi, U.S, Concord , New Hampshire, Boise , Idaho

☆ US plans shift of Merck COVID treatment to commercial market
▼ + stars: | 2023-10-04 | by ( Michael Erman | ) www.reuters.com time to read: +3 min

A COVID-19 treatment pill, called molnupiravir developed by Merck & Co and Ridgeback Biotherapeutics LP is seen in this undated handout photo released by Merck & Co Inc and obtained by Reuters May 17, 2021. Merck & Co Inc/Handout via REUTERS/File photo Acquire Licensing RightsOct 4 (Reuters) - The U.S. government will stop distributing free doses of Merck & Co's (MRK.N) COVID-19 antiviral treatment molnupiravir by the middle of next month and expects it to be sold on the commercial market instead. Molnupiravir was initially hailed as a potential breakthrough when few treatment options were available but was soon eclipsed by Pfizer's (PFE.N) rival treatment Paxlovid, which had more impressive data. Merck said the study was limited and that it is confident in the clinical profile of the drug. Merck said it would have a patient assistance program for people who cannot afford the drug.

Persons: Ridgeback Biotherapeutics, Molnupiravir, Merck, Michael Erman, Bill Berkrot Organizations: Merck & Co, Merck & Co Inc, Reuters, Merck, Co Inc, REUTERS, U.S, Co's, Administration, Strategic Preparedness, U.S . Department of Health, Human Services, U.S . Food, Drug Administration, Pfizer's, Thomson Locations: U.S, United States

☆ About 4 Million Americans Got Their Updated COVID Vaccines in Sept
▼ + stars: | 2023-10-04 | by ( Oct. | At P.M. | ) www.usnews.com time to read: 1 min

(Reuters) - Around 4 million Americans received the updated COVID-19 vaccines in September, according to a spokesperson for the U.S. Department of Health and Human Services, even as some have found it difficult to book appointments or pay for the vaccines. "The Biden-Harris Administration, through HHS, has been working directly with manufacturers and distributors to ensure that the vaccines are getting to pharmacies, hospitals, clinics, and other vaccination sites, including long-term care facilities as quickly as possible," the spokesperson said in an emailed statement.

Persons: Harris Organizations: Reuters, U.S . Department of Health, Human Services, Biden, Harris Administration, HHS

☆ About 4 mln Americans got their updated COVID vaccines in Sept.
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: 1 min

[1/2] An exterior view of the United States Health and Human Services Building on C Street Soutwest in Washington, U.S., July 29, 2019. REUTERS/Tom Brenner/File Photo Acquire Licensing RightsOct 4 (Reuters) - Around 4 million Americans received the updated COVID-19 vaccines in September, according to a spokesperson for the U.S. Department of Health and Human Services, even as some have found it difficult to book appointments or pay for the vaccines. "The Biden-Harris Administration, through HHS, has been working directly with manufacturers and distributors to ensure that the vaccines are getting to pharmacies, hospitals, clinics, and other vaccination sites, including long-term care facilities as quickly as possible," the spokesperson said in an emailed statement. Reporting by Michael ErmanOur Standards: The Thomson Reuters Trust Principles.

Persons: Tom Brenner, Harris, Michael Erman Organizations: United States Health, Human, REUTERS, U.S . Department of Health, Human Services, Biden, Harris Administration, HHS, Thomson Locations: Washington , U.S

REUTERS/Erica Dischino/ File Photo Acquire Licensing RightsSept 27 (Reuters) - A U.S. Senate committee on Wednesday voted to advance a marijuana banking bill, raising hopes for the cash-dependent cannabis sector to get access to regular banking services. The Secure and Fair Enforcement Regulation Banking Act (SAFER) bill, introduced by a bipartisan group of senators last week, will now move to the Senate floor. Shares of SNDL (SNDL.O), Trulieve Cannabis (TRUL.CD), Cronos Group (CRON.TO), rose between 1% and 3% following the vote. An earlier version of the bill, the SAFE Banking Act, had failed to secure a Senate vote despite the House of Representatives passing it seven times. "Realizing this first vote out of the Senate signals strong bipartisan support from both chambers of Congress," said Trulieve CEO Kim Rivers.

Persons: Erica Dischino, Kim Rivers, Arunima Kumar, Sourasis Bose, Sriraj Organizations: Red, REUTERS, U.S, Cronos, Cannabis ETF, Holdings, SAFE, U.S . Department of Health, Human Services, Drug Enforcement Agency, Thomson Locations: Red Lake, Red Lake , Minnesota, U.S, Bengaluru

☆ US government restarts delivery of free COVID tests
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: 1 min

People walk next to coronavirus disease (COVID-19) testing sites in New York City, New York, U.S., December 12, 2022. REUTERS/Eduardo Munoz/File photo Acquire Licensing RightsSept 20 (Reuters) - The U.S. Department of Health and Human Services (HHS) said on Wednesday it will deliver COVID-19 tests for free to households across the country. Beginning Sept. 25, households will again be able to order four free tests through COVIDTests.gov, the health agency said, adding that the tests can detect currently circulating COVID-19 variants and are intended for use through the end of 2023. HHS also announced an investment of $600 million in 12 domestic COVID-19 test manufacturers. Reporting by Mariam Sunny and Seher Dareen in Bengaluru; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

Persons: Eduardo Munoz, Mariam Sunny, Seher, Shounak Dasgupta Organizations: REUTERS, U.S . Department of Health, Human Services, HHS, Thomson Locations: New York City , New York, U.S, Bengaluru

☆ US Declares Public Health Emergency in Georgia After Hurricane Idalia
▼ + stars: | 2023-09-13 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) - The U.S. Department of Health and Human Services (HHS) on Wednesday declared a public health emergency (PHE) for the state of Georgia to deal with the ramifications of Hurricane Idalia. The hurricane hit Florida's Gulf Coast in late August with fierce winds, torrential rains and pounding surf before turning to southeastern Georgia, where floodwater trapped some residents in their homes. With the PHE declaration, healthcare providers and suppliers will have greater flexibility in meeting emergency needs of people covered by the Medicare and Medicaid health plans, the HHS said. "We are working closely with state and local health authorities, as well as our partners across the federal government, and stand ready to provide additional public health and medical support," said health secretary Xavier Becerra. The declaration waives certain requirements such as physicians or other healthcare professionals needing to hold licenses in the state in which they provide services.

Persons: floodwater, Xavier Becerra, Christy Santhosh, Rahul Paswan, Krishna Chandra Eluri Organizations: Reuters, U.S . Department of Health, Human Services, Wednesday, HHS Locations: Georgia, Coast, Bengaluru

☆ Cannabis ETFs boom as HHS recommendation to ease restrictions raises hopes for federal reform
▼ + stars: | 2023-09-12 | by ( Stefan Sykes | ) www.cnbc.com time to read: +2 min

An employee of Aurora Deutschland GmbH, a manufacturer of medical Cannabis products, inspects a flowering Cannabis plant in a greenhouse in Leuna, Germany September 11, 2023. Marijuana-related ETFs are soaring in September as investors flood back into the sector after months of waning interest. It marked a swift turnaround for a quasi-legal industry curtailed by the anemic pace of federal reform. Last month's announcement also sent shares of several cannabis companies higher, including Canopy Growth, Tilray Brands and Cronos Group. At the time of the closure announcement, fund co-founder Morgan Paxhia told CNBC that it was not "immune to the broader macroeconomic environment and, more specifically, the dramatic shift in investor sentiment that has impacted the cannabis industry."

Persons: Canaccord, Matt Bottomley, Morgan Paxhia Organizations: Aurora Deutschland GmbH, U.S . Department of Health, Human Services, Dow Jones Industrial, Dow, Tilray Brands, Cronos Group, Marijuana, CNBC Locations: Leuna, Germany

☆ Legal Actions Seek Guarantee of Abortion Access for Patients in Medical Emergencies
▼ + stars: | 2023-09-12 | by ( Pam Belluck | More About Pam Belluck | ) www.nytimes.com time to read: +1 min

Early in her pregnancy, Jaci Statton was in her kitchen when she felt like she was going to pass out and saw that her jeans had become soaked with blood. Doctors told her the pregnancy was not viable and that it could threaten her life if an abortion was not performed soon, she said. But Ms. Statton lives in Oklahoma, a state that bans most abortions. At the third, “they said, ‘We can’t touch you unless you’re like crashing in front of us,’” Ms. Statton, 26, said in an interview. Her case is part of several legal challenges filed Tuesday involving patients and doctors in three states — Idaho, Tennessee and Oklahoma — who claim that those states’ abortion bans are preventing women with serious pregnancy complications from getting abortions, even in cases where the medical need is clear.

Persons: Jaci Statton, Doctors, Statton, “, ’ Organizations: U.S . Department of Health, Human Services, Oklahoma Children’s Hospital Locations: Oklahoma, — Idaho , Tennessee

☆ Covid-19, flu, RSV: Here are the vaccine recommendations for fall—and the best time to get them
▼ + stars: | 2023-09-12 | by ( Renée Onque | ) www.cnbc.com time to read: +6 min

Updated Covid vaccinesOn Monday, the Food and Drug Administration approved the new Covid vaccine, which will target a variant of Omicron called XBB.1.5. When should you get your updated Covid vaccine? Older adults, and people with heart and lung disease, should also consider getting the RSV vaccine, says Pavia. "Because the ACIP gave a softer recommendation to the RSV vaccine, coverage is going to be variable," says Pavia. For those with certain Medicare plans, the RSV vaccine should be covered, specifically under a Part D plan.

Persons: there's, Andrew Pavia, It's, Don't, Biden, you've, they're, hasn't, it's Organizations: CNBC, Centers for Disease Control, University of Utah, Children's Hospital, CDC, Food and Drug Administration, COVID, FDA, CDC's, U.S . Department of Health, Human Services, Infants, The New York Times Locations: Pavia

Eight women in Idaho and Tennessee are asking state courts to place holds on their states' abortion laws after being denied access to the procedure while facing harrowing pregnancy complications that they say endangered their lives. Political Cartoons View All 1154 ImagesLike the Texas lawsuit, none of the complaints filed Tuesday are seeking to overturn the states' abortion bans. Spokespersons for attorneys general in Idaho and Tennessee, which are both named as defendants in the cases, did not respond to emailed requests for comment. The legal challenges filed Tuesday comprise deeply personal testimonies from women who were denied abortion services and physicians who were terrified of violating the states' abortion bans. DHHS said the federal Emergency Medical Treatment and Labor Act supersedes state abortion bans that don’t have adequate exceptions for medical emergencies.

Persons: —, Roe, Wade, ”, Nancy Northup, preempts, Nicole Blackmon, Daniel, Blackmon, ” Blackmon, Emily Corrigan, ” Corrigan, Jennifer Adkins, Turner, Adkins, Jaci Statton, DHHS, Joe Biden's, Laura Ungar Organizations: U.S, Republican, Reproductive Rights, Texas Supreme, Center for Reproductive Rights, OU Health, U.S . Department of Health, Human Services, Associated Locations: Tenn, Idaho, Tennessee, Oklahoma, Texas, Idaho and Tennessee, Portland , Oregon, Louisville , Kentucky

☆ Cannabis ETFs are off to a strong September. Will the buzz last?
▼ + stars: | 2023-09-09 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +3 min

"We've seen most cannabis ETFs rally over 30% since the news broke last week on this recommendation," Amplify ETFs CEO Christian Magoon told CNBC's Courtney Reagan on "ETF Edge" on Wednesday. The Roundhill Cannabis ETF (WEED) has soared nearly 71% since the announcement, while the AdvisorShares Pure US Cannabis ETF (MSOS ) and AdvisorShares Pure Cannabis ETF (YOLO) have jumped 64% and 45%, respectively. "Consumer packaged goods and pharmaceutical companies are going to be able to now look at these cannabis companies as M&A targets to partner with them." "The great thing about the ETF industry is there's a lot of opportunity," Lydon said in the same interview on Wednesday. Lydon pointed out that Amplify ETFs holds a great "first mover advantage" with its pair of cannabis-based funds.

Persons: Christian Magoon, CNBC's Courtney Reagan, Magoon, marijuana's, Tom Lydon, Lydon Organizations: Cannabis ETF, U.S . Department of Health, Human Services, HHS, DEA, Cannabis, VettaFi Locations: YOLO

The insurer said the rule, which would apply retroactively, was "arbitrary and capricious," and threatened "unpredictable consequences for Medicare Advantage organizations and the millions of seniors who rely on the Medicare Advantage program for their healthcare." Close to half of the approximately 65 million Medicare enrollees sign up for Medicare Advantage. Medicare Advantage plans differ from traditional Medicare because private companies offer them, and are reimbursed by the government for care. Though Humana is based in Louisville, Kentucky, it filed its lawsuit with the U.S. District Court in the Northern District of Texas. The case is Humana Inc et al v Becerra et al, U.S. District Court, Northern District of Texas, No.

Persons: Andrew Kelly, Humana, Biden, Xavier Becerra, District Judge Reed O'Connor, Becerra, Jonathan Stempel, Leroy Leo, Richard Chang Organizations: Humana Inc, REUTERS, U.S, overcharges, Medicare, Services, Jan, U.S . Department of Health, Human Services, CMS, Northern District of Texas, District, Fort, Affordable, Court, Northern District of, Thomson Locations: Queens , New York City, U.S, Louisville , Kentucky, Northern District, Northern District of Texas, New York, Bengaluru

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