Tag: Innovation Rx

Why Mark Cuban’s Drug Cost Message Resonates: It’s Simple

Mark Cuban (center), co-founder of Cost Plus Drugs explains his company’s discussions with Humana to develop “direct-to-employer” prescription drug programs that bypass traditional pharmacy benefit companies. Humana CEO Jim Rechtin (right) also spoke with Cuban on a special panel on improving pharmacy experience moderated by Forbes Senior Contributor Bruce Japsen (L) at the Forbes Healthcare […]

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CVS’ Aetna To Meld Drug And Medical Approvals As Insurers Cut Hurdles

Holding to a health insurance industry commitment to reduce the need for prior authorization, CVS Health’s Aetna health insurance unit said Thursday it will “integrate pharmacy prescriptions and medical procedures into a single clinical review.” Aetna’s CEO Steve Nelson is speaking about some of the health insurer’s business practices centered around improving patient experience at […]

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Health Insurers Expanding Obamacare Despite U.S. Shutdown Over Tax Credits

Oscar Health is expanding its market footprint selling individual health insurance under the Affordable Care Act despite the lack of commitment from the Republican-led Congress to tax credits that would make policies more affordable. Oscar Health Cigna, UnitedHealthcare and Oscar Health are among health insurers expanding their market footprint selling individual health insurance under the […]

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AMA: Trump’s $100,000 H-1B Visa Fee Worsens The U.S. Doctor Shortage

Tired doctor with glasses in hand holding his eyes in clinic. Emotional burnout of medical workers increased workload concept getty The American Medical Association and more than 50 other medical societies Thursday asked the Trump administration to exempt physicians from the new $100,000 H-1B visa application fee. The White House this week announced that all […]

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Hospitals Lose $32 Billion If Congress Doesn’t Extend ACA Tax Credits

Senator John Barrasso, a Republican from Wyoming, left, Senate Majority Leader John Thune, a Republican from South Dakota, center, and Senator Steve Daines, a Republican from Montana, during a news conference at the US Capitol in Washington, DC, US, on Friday, Sept. 19, 2025. Congress moved closer to an Oct. 1 government shutdown this week […]

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Employee Share Of Health Costs To Eclipse $5,000 Next Year

Employee health costs are likely to surpass $5,000 next year as companies see their biggest cost increases in at least five years, according to projections from Aon. getty Employee health costs are likely to surpass $5,000 next year as companies see their biggest cost increases in at least five years, according to projections from Aon. […]

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Electronic Health Record Giant Epic Rolling Out New AI Tools

Epic, which has been led by its 82-year-old founder Judy Faulkner for 46 years is best known for its dominance in the electronic health record software space, is pushing deeper into AI in a healthcare industry known for its complexities and fragmentation. In this photo, Faulkner speaks at the 2024 Forbes Healthcare Summit at NYU […]

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CVS Profits Eclipse $1 Billion As Aetna’s Costs Begin To Stabilize

CVS Health reported $1 billion in second quarter net income as the company begins to get a handle on the health benefit costs that have dogged its Aetna health insurance business as well as industry rivals, the company said Thursday, July 31, 2025. In this photo is .CVS Health Corp. signage on the floor of […]

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Cigna Profits Hit $1.5 Billion Despite Higher Costs

The Cigna Group reported a second quarter profit of $1.5 billion as its Evernorth health service business performs well and despite rising costs in its employer health benefits business, the company said July 31, 2025. Pictured here is the Cigna Group headquarters in Bloomfield, Connecticut, US, on Friday, Oct. 27, 2023. Photographer: Joe Buglewicz/Bloomberg © […]

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Centene Latest Insurer Facing Higher Costs As GOP Preps Bigger Hit

Care workers with the Service Employees International Union (SEIU) participate in a living cemetery … More protest at the US Capitol June 23, 2025 in Washington, DC. Workers denounced the impact to patients, families and workers if Republicans cut Medicaid, healthcare and SNAP to pay for tax cuts for the wealthy. (Photo by Tasos Katopodis/Getty […]

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