CVS Health Raises Insurance Outlook, Defies Industry Profit fears
CVS Health (CVS.N) exceeded Wall Street expectations for its first-quarter profit and revenue results on Wednesday and raised its full-year 2026 guidance, driven by a significant recovery in its insurance operations. The healthcare giant’s robust performance comes despite persistent market anxieties that the Trump administration’s health policies could negatively impact industry profits, a concern CVS […]
$5M Settlement Reached in Texas Healthcare Insurance Case
A Texas-based health insurance agency has agreed to pay $5 million to settle allegations of unfair and deceptive business practices in Massachusetts, the state’s Attorney General announced. The settlement with Adroit Health Group LLC, including affiliates The Adroit Group, LLC and A1 Health Group, LLC (collectively “Adroit”), resolves claims that the company sold health plans […]
Millions of Americans are abandoning the Affordable Care Act (ACA) marketplace
In what analysts describe as a “deep retrenchment” for the landmark healthcare program, sparked by the expiration of enhanced federal subsidies that had previously shielded consumers from the full weight of rising premiums. Preliminary data and industry reports indicate that enrollment has plummeted since Congress allowed pandemic-era tax credits to lapse at the end of […]
FDA Ushers In Expanded Access To Promising Experimental Pancreatic Cancer Drug
The Food and Drug Administration has revealed that some patients suffering from pancreatic cancer will be authorized for early use of the highly-promising treatment drug daraxonrasib. The announcement was immediately seen as a highly significant development for those following the dramatic and encouraging trial results of daraxonrasib, which have reported greatly prolonged survival rates. Friday’s […]
American Workers Ditching Corporate Health Plans as Premiums Rise
For decades, a salaried position with employer-sponsored health insurance was considered the “gold standard” of American employment. But a growing number of young, healthy professionals are now walking away from company plans, according to a report by Bloomberg, opting instead for cheaper alternatives or going without coverage entirely as rising premiums eat into their take-home […]
Former Disease Official Indicted Over COVID Concealment
A former top official at the National Institute of Allergy and Infectious Diseases (NIAID) was indicted on Tuesday for his alleged role in a scheme to conceal federal records and evade transparency requirements during the COVID-19 pandemic. David M. Morens, 78, who served as a senior advisor to the NIAID Director from 2006 to 2022, […]
Research Claims Link Found Between Junk Food and Dementia
Consumption of ultraprocessed foods (UPFs) is significantly associated with an increased risk of dementia and a measurable decline in attention span, according to new research published in the journal Alzheimer’s and Dementia. The study, conducted by researchers at Australia’s Monash University, analyzed more than 2,000 dementia-free adults between the ages of 40 and 70. The […]
Conn. Doctors Lead Medical Debt Lawsuits as Hospital Cases Plunge
Doctors study for years to learn how to save lives and cure their patients but increasingly they are lawyering up and suing the people they are meant to be serving. Private physicians and non-hospital medical providers now dominate healthcare debt litigation in Connecticut, accounting for more than 80% of collections cases as hospital-led lawsuits have […]
Trump Backs Fast-track Federal Review of Psychedelics and Effects
President Donald Trump signed an executive order on Saturday aimed at fast-tracking the federal review of psychedelic drugs to treat mental health conditions, a move the administration says is necessary to address a national crisis. The directive, signed in the Oval Office, orders the Food and Drug Administration (FDA) to expedite the review of substances […]
UnitedHealth Beats Predictions and Raises 2026 Profit Outlook
Every day we read of a ‘crisis’ in healthcare, of Americans struggling with rising costs across the board but for the health insurance industry it appears to be business as usual — it least when it comes to making a profit. UnitedHealth Group reported first-quarter results on Tuesday that exceeded Wall Street expectations and prompted […]