Tag Archives: CNBC

Government to make August CSR payment to health insurers; meanwhile, CBO says Trump threat to Obamacare would send premiums 20% higher.

The News: The federal government will make crucial Obamacare-related subsidy payments to health insurers in August despite threats by President Donald Trump to end them, a White House spokesman said last week…. Read more »

Centene rescuing Obamacare as just two US counties still lack insurers for 2018.

The News: Centene Corp. (St. Louis MO) on Tuesday (August 15, 2017) said it will sell Obamacare plans in Nevada’s remaining 14 “bare” counties in 2018. The insurer previously announced… Read more »

Trump pushes revised healthcare bill, saying, “The plan gets better and better;” well, not really

The News: President Donald Trump, when asked last week whether he would choose to either push an Obamacare repeal bill or government funding measure through Congress this week, said he… Read more »

Week’s opening stock roundup: gainers include Novocure, Steadymed; but Corvus, NewLink rocked

Here to start your trading week are the major movers from last week and where they stand this morning: Novocure (Nasdaq: NVCR) led advancing issues, soaring $3.25, or 40% over the… Read more »

Reasons why Valeant/Ackman divorce better than staying in a bad marriage

Steve’s Take: [“Life is far too short to spend it immersed in an unhealthy relationship.”—Jeffrey M. Cohen, Esq., professional mediator.] This week (March 13, 2017), billionaire Bill Ackman exited one… Read more »

Express Scripts says prescription drug spending slowed in 2016; but compared to what, a speeding train?

The News: According to a recent report released by Express Scripts Holding Co. (St. Louis MO), the average list price of the most commonly used branded drugs in the US… Read more »

Mylan’s EpiPen faces competition from Kaleo Pharma; just what the doctor ordered

Privately held drugmaker Kaleo Inc. (Richmond VA), the main competitor to Mylan NV’s (Amsterdam) EpiPen, announced plans on Wednesday (October 26, 2016) for a US relaunch of its Auvi-Q injector… Read more »

Ariad Pharma’s Slide Continues as Bernie Sanders Seeks Data on Leukemia Drug; Recent Drug Price Hikes Put Company on Familiar Hot Seat

Ariad Pharmaceuticals Inc. (Cambridge MA) continued to plummet Thursday (October 20, 2016) after Vermont Sen. Bernie Sanders and Maryland Rep. Elijah Cummings sent a letter to the company, demanding more information about… Read more »

Humana, Cigna Bomb Latest Medicare Plan Ratings; Shares Slide

Shares of Humana Inc. (Louisville KY) sank 5% through Thursday, Oct. 13, after the insurer indicated a downgrade in a key Medicare quality measure could lower its federal reimbursements. Although… Read more »

Mylan Agrees to $465 Million EpiPen Settlement with US; But the Matter is Far From Over

Mylan NV (Amsterdam) will pay the US government $465 million in a swift settlement over how the drugmaker charged Medicaid for its allergy shot EpiPen, according to Bloomberg News. The… Read more »