non-life insurance
Amazon Among Bidders for Signify Health
Amazon.com Inc. is among the bidders for healthcare company Signify Health Inc., joining other heavy hitters vying in an auction for the home-health-services provider, according to people familiar with the matter. Signify is for sale in an auction that could value it at more than $8 billion, the people said. Bids are due around Labor …
Health care will cost this much in retirement — but probably even more
A 65-year-old couple retiring this year should expect to spend about $295,000 on health care costs alone in retirement — but quite frankly, that estimate is conservative. The figure, calculated by Fidelity Investments as part of its annual Health Care Cost Estimate, includes Medicare Part A, Part B and Part D premiums and deductibles, but …
Want a relatively painless way to curb retiree health care costs? Look to North Carolina
It’s often reported that underfunded public employee pension systems create barriers to state and local governments’ ability to provide ample public services like education, parks, and libraries. Too often overlooked, however, is another looming fiscal challenge: the rising costs of paying for health insurance for America’s retired public employees. The Federal Reserve estimates that the …
Sanders Could Win in Iowa. What It Means for Health-Care Stocks.
Text size Victories by Bernie Sanders tend to rock health-care stocks. Photograph by Joe Raedle/Getty Images Sen. Bernie Sanders has the best shot in the Democratic primary field at winning the Iowa caucuses this evening, according to pollsters. Sanders is a bit of a boogeyman for health-care investors, given his commitment to a health-insurance scheme …
More Uninsured People, Faster Growth in Health-Care Spending Due to ACA Tax, Report Says
More Americans are going without health coverage and the pace of spending on health care nationally is rising in part because of an Affordable Care Act tax on insurers, Trump administration officials said Thursday. A federal report from actuaries at the Centers for Medicare and Medicaid Services revealed trends that are likely to further fuel …
Deval Patrick’s Ties to Health-Care Industry Could be a Liability
DEVAL PATRICK’S TIES to health-care and drug companies could make him a punching bag for Democratic candidates who support single-payer health care and criticize the pharmaceutical industry. Since leaving the governorship of Massachusetts in 2015, Patrick has served on the boards of American Well Corp., a telemedicine company, and Global Blood Therapeutics, a pharmaceutical firm. …
Universal Health Services to Negotiate Compliance Agreement in Billing Case
An exterior view of the U.S. Health and Human Services Building in Washington, D.C. Universal Health Services Inc. expects to enter into a compliance agreement with the inspector general’s office at the U.S. Department of Health and Human Services. Photo: tom brenner/Reuters Universal Health Services Inc. is preparing to negotiate a compliance agreement with the …
Health companies start reporting earnings next week: Here are 3 things to keep in mind
Health companies will begin reporting second-quarter earnings next week, starting with two Dow components, Johnson & Johnson and UnitedHealth Group Inc. It has been a tumultuous few months for managed-care companies, pharmaceutical companies and biotechs. Fears around “Medicare for all” weighed on earnings last quarter. UnitedHealth …
Cigna, CVS Health Soar as Dow Jones Industrial Average Rises
Illustration by Michael George Haddad Text size Stocks are poised to push higher as investors respond to Congressional testimony by Federal Reserve Chairman Jerome Powell that raised expectations for an interest-rate cut at the end of the month. Powell will conclude two days of testimony on Thursday. He is scheduled to appear before the Senate …
GE Is Touting Its Health-Care Business, but It Isn’t Helping the Stock
Industrial conglomerate General Electric hosted an investor “teach-in” in Chicago at a medical conference on Monday. The company reviewed its health-care franchise in a “post-biopharma” world. GE is selling its biopharma business to Danaher for $21 billion. Now investors have to evaluate the growth and margin potential of what is left. “GE Healthcare is a …