Employers must act upon this price information to redesign their health plans to better align hospital prices with the value of care provided, since price transparency alone will not lead to changes, according to a new RAND report.
The FTC has issued a revised Health Breach Notification Rule, aimed at protecting consumer medical information on digital health and wellness apps, such as GoodRx and Cerebral, by requiring them to notify consumers of a breach.
As Eli Lilly and Novo Nordisk are scrambling to meet demand for their popular weight-loss drugs, Bristol-Myers Squibb is the latest drugmaker to wield the restructuring ax, with plans to cut $1.5 billion in costs by the end of 2025.
Now, with only 6 months before the presidential election, the Biden administration is working to secure its health care policies, such as abortion data privacy, otherwise lawmakers may nullify new executive branch rules.
Due to low unemployment and rising wages, Medicare's trust fund for hospital expenses will see its reserves depleted in 2036, and Social Security's funds will pay full benefits until 2035, according to a new report.
Republican-led states have joined 1 of 2 lawsuits challenging the administration's Saving on a Valuable Education plan, which takes effect on July 1, unless the courts grant an injunction to prevent SAVE from being implemented.