Items tagged with health insurance:
News & Updates:
Faculty Affiliates Mark V. Pauly and Kevin Volpp write about Trump’s detrimental impact on Medicare in their Op-Ed for Marketplace.
“President Trump has proposed some modest steps to slow the apparently inexorable growth in Medicare entitlement spending, breaking with his campaign promise to leave alone government-funded programs for seniors.
Although there is often little correlation between presidential budget proposals and budgets eventually approved by Congress, the administration’s budget, which calls for reducing Medicare spending by about $270 billion over 10 years, may start the conversation about what to do to slow growth in Medicare spending.
While cuts in provider payments in some areas will be significant, the administration has left alone the harder questions of whether we can afford to provide generous Medicare benefits to all seniors and to continue to make coverage decisions largely without considering cost.”
Trump administration opens access to insurance outside Obamacare; Final TPP deal leaves out US rules; Business leaders confident in economy, but worried about the skills gap; Oil falls on US stockpiles.
Trump administration expands access to health insurance plans not meeting ObamaCare requirements; Trump supports effort to improve gun background checks; Federal Chairman Powell taps two senior advisers.
Walgreens is reportedly in talks to acquire Valley Forge’s AmerisourceBergen. Walgreens already owns 26 percent of Amerisource and may move to take over the rest of the company.
“When firms do not know what to do about the future they tend to circle the wagons by merging,” Faculty Affiliate Mark V. Pauly, Wharton health care management expert, told Philadelphia magazine. “It does not help that much based on evidence, but you have to do something.”
To Pauly, Walgreens’ potential deal with AmerisourceBergen wouldn’t be daring at all, just purely defensive. “This seems like a fairly safe thing for Walgreens to do after buying and closing all those stores from Rite Aid,” he said.
Senate leaders close to making a two-year budget deal to avoid government shutdown; House bill cuts ObamaCare public health fund by $2.85 billion and reallocates it; U.S. trade deficit reaches a nine-year high as import levels soar.