Aetna to Sell Medicare Part D Drug Business to WellCare Health

Aetna Inc. said Thursday it agreed to sell its Medicare Part D prescription business to a WellCare Health Plans Inc. subsidiary, as the company waits for its merger with CVS Health Corp. to be approved by federal and state officials. The deal with the WellCare subsidiary will be effective at the end of this year,… Continue reading Aetna to Sell Medicare Part D Drug Business to WellCare Health

Survey: Willis Towers Watson Finds Increasing Satisfaction with the Benefit Marketplace Experience

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Willis Towers Watson, a leading global advisory, broking and solutions company, released its 2018 Employee and Employer Experience on a Benefit Marketplace Report and found that overall employee and employer satisfaction rates with the benefit marketplace are increasing. From 2016 to 2018, overall employee satisfaction rose from 92% to 95%, and overall employer satisfaction rose… Continue reading Survey: Willis Towers Watson Finds Increasing Satisfaction with the Benefit Marketplace Experience

Health Law’s Constitutionality Is Back in Focus with GOP Lawsuit

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Republican state attorneys general plan to argue Wednesday before a federal judge that the Affordable Care Act is unconstitutional and should be struck down, making their case as some GOP candidates are trying to shift focus away from the health law. The lawsuit asserts that the health law is illegitimate now that Congress has repealed… Continue reading Health Law’s Constitutionality Is Back in Focus with GOP Lawsuit

Amazon, Berkshire, JPMorgan’s Healthcare Venture Names COO

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The newly formed healthcare venture of Amazon.com Inc, Berkshire Hathaway Inc and JPMorgan Chase & Co on Tuesday hired Jack Stoddard as chief operating officer. Stoddard was previously general manager for digital health at Comcast Corp. His appointment is effective Tuesday, a spokeswoman for the venture said on Tuesday. Amazon, Berkshire and JPMorgan announced the… Continue reading Amazon, Berkshire, JPMorgan’s Healthcare Venture Names COO

Senate GOP Tax Plan to Include Repeal of Health Law Individual Mandate

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Senate Republicans signaled Tuesday they would seek to repeal the Affordable Care Act requirement that most Americans must have insurance coverage as part of their tax-overhaul package, adding an uncertain element to an already complex legislative effort. The package is expected to be released later Tuesday. GOP Senate members met to discuss the repeal measure,… Continue reading Senate GOP Tax Plan to Include Repeal of Health Law Individual Mandate