health care reform

New Congress: How Will Gridlock Affect Economy?

With the two houses divided, the parties will have to compromise to get legislation passed. But will they? The challenge will become acute if the Fed's latest stimulus gambit falls short, leaving the economy gasping. The GOP's aversion to spending could be tested.

The Price of Aging: Will It Break National Budgets?

Thirty out of 49 major developed countries could see their credit ratings plummet to junk status if they don't make changes soon, says a Standard & Poor's study. The biggest problem is health care spending on the elderly, particularly for long-term care.

World Drug Sales to Hit $880 Billion in 2011

Global pharmaceutical sales are expected to grow by 5% to 7% in 2011 to around $880 billion, thanks to robust growth in emerging markets, especially China, as well as new innovative treatments, and despite patent expirations and budget pressures in the developed world.

Health Care Reform Is Here, Cost Debate Rages

Changes to the U.S. health care system take effect on Thursday when provisions of the "Patients Bill of Rights" become law. But while its changes will clearly benefit many Americans, the new law's real price tag is still a subject of fierce disagreement.

Tech and Reform Will Boost Health Care Costs

Development of technologically advanced -- and expensive -- lifesaving treatments will continue to increase as the new health care reform law is phased in over the next few years.

Health Care Costs Will Rise About 10.6% in Next Year

Health care costs will increase between 10.5% and 11% over the next year, marginally higher than last year's rise, consulting firm Aon said Wednesday. Aon pins the increase on factors such as rising prescription drug costs and the effects of the health care reform law passed this spring.

One in Six Americans Is Now on Medicaid

One in Six Americans A record one in six Americans are on Medicaid, the government's health program for the poor, according to USA Today. And Medicaid is just one of several government anti-poverty programs that have seen large increases in caseloads and in costs.

Robo Doc: Will Your Next Doctor Be a Robot?

There's a massive doctor shortage coming. One solution: develop artificial intelligence that is as good or better at diagnosis than a real physician. But will patients be willing to trust robot doctors with their health?

Legal Briefing: Missouri Voters Reject Health Care Reform

Among the legal news Wednesday: Missouri voters passed a ballot measure that would block the government from forcing people to buy health insurance; BP faces a class action suit from pollution at a Texas refinery, art dealer Lawrence Salander, who defrauded his clients of $120 million, is sentenced to state prison.

Medicare Reform Means Some Seniors Face Benefit Cuts

As part of rule changes coming as part of America's new health reform law, seniors enrolled in private health insurance programs known as Medicare Advantage may soon find some benefits cut as part of the government's plan to save billions of dollars each year.

Virginia's Health Care Reform Lawsuit Goes Forward

U.S. District Court Judge Henry E. Hudson ruled Monday that Virginia's lawsuit against the health care reform law can proceed to a hearing on the merits. By agreeing that the state has a right to bring the suit, he has, in effect, agreed to rule on the constitutionality of health care reform.

Report Says Health Reform Will Save Medicare $575 Billion

A report to be released by the Obama administration shows that the reform will add 12 years of solvency to Medicare's trust fund for inpatient care and will save seniors nearly $200 a year in monthly premiums by 2018. The report shows that the reform will add 12 years of solvency to Medicare%u2019s trust fund for inpatient care and will save seniors nearly $200 a year in monthly premiums by 2018, The Associated Press reported.

WellPoint Earnings: Health Insurer Beats Estimates

WellPoint's second-quarter net income rose 4% due to favorable reserve development, which offset a decline in commercial enrollment caused by the tough economy. The health insurer said it earned $722.4 million in the second quarter, up from $693.5 million in the year-ago period.

Preventative health care costs to drop

Health care costs going down? It may seem that the impossible is happening, but it's true. The government announced some of the regulations for the...

Will Federal Health Care Costs Cripple Deficit-Cutting?

By some calculations, the Obama plan will help trim future budget gaps, but by others it'll only make things worse. The problem is, at this point no one knows for sure, and that makes sensible spending choices even harder to make now.

Legal Briefing: House Acts to Aid BP's Widows and Orphans

The House of Representatives has passed the "SPILL Act," which -- if also passed by the Senate -- will allow families of men killed in the Deepwater Horizon accident to sue BP for normal damages. Under current maritime law, BP might get away with payments as low as $1,000 per death.

White House to Health Insurers: Big Changes Are Coming

Most health insurers will soon be banned from rejecting children with preexisting medical conditions under provisions contained with new health-care overhaul legislation, the White House said Tuesday. The benefit is just one of several safeguards the administration detailed as officials met privately with state insurance commissioners and insurance company executives.

COBRA Insurance Subsidies Coming to an End

Unemployed workers who have been getting a federal COBRA subsidy are about to experience health insurance sticker shock. The subsidy is about to expire for its first group of recipients.

Pfizer and Merck Earnings Send Shares Climbing

The Dow is getting boost Tuesday from Pfizer and Merck. The two drug giants are the only ones in the index that are climbing, other than Walmart, after both reported quarterly results that beat Wall Street estimates.