UnitedHealth pays $13B for Catamaran’s drug clients
UnitedHealth Group Inc. agreed to buy Catamaran Corp. for about $12.8 billion, bulking up its drug-benefits business to get better negotiating power in talks with pharmaceutical companies over prices.
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Aetna has agreed to reduce out-of-pocket payments for most HIV and AIDS medicines after pressure from an advocacy group, revising coverage that had some patients paying $1,000 a month for the drugs. more »
At current savings rates, Americans are on track to replace over half of their current income in retirement. Having access to a workplace-sponsored retirement plan, meanwhile, is the No. 1 factor in determining retirement success. more »
Aflac says it will now pay out certain voluntary benefit claims in one business day, an announcement that industry experts say will likely force competitors to follow suit. more »
Premera Blue Cross, serving the Northwest and Alaska, was hacked beginning last May, and even more sensitive data was exposed than in the Anthem hack. more »
Controlling rising health care costs is crucial for all employers, and conducting regular dependent eligibility audits can help. more »
Starwood Hotels & Resorts Worldwide is the latest big-name company to move its active employee base to a private exchange, joining other brand-name companies such as Time, Inc., Sears, Darden Restaurants and Walgreens. more »
Proposed changes to the Affordable Care Act’s summary of benefits and coverage and uniform glossary are coming under fire from business groups who say the implementation time frame does not give them enough time to comply with the new requirements. more »
The broker-carrier relationship, especially one as long-lasting as Bob and William Taylor’s with Florida Blue and Darnell Smith, is dynamic and continuously evolving. EBA examines what makes this necessary partnership tick and introduces the top large-group insurance carriers in the country. more »
The Affordable Care Act does not appear to have seriously eroded employees’ appetite for and confidence in receiving health benefits from their employer. more »
Private exchanges present an opportunity to engage employees in their health plans year-round, not just during open enrollment. more »
A Supreme Court decision in favor of the petitioner in King v. Burwell could trigger the end of the employer mandate, legal experts say, but it’s far from certain how the court will decide. more »
The Supreme Court today will hear arguments in King v. Burwell, the highly anticipated case challenging the legality of subsidies available for individuals purchasing health insurance on the federal exchange under the Affordable Care Act. more »
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