Amazon's entry into health care probably have only narrowed by the Cigna-Express Scripts bargain
Health insurer Cigna's reported move Thursday to purchase pharmacy benefit manager Express Scripts probably have only narrowed Amazon's entry into health care. But, the Cigna offer represents a premium of about double which stock move based on where Express Scripts closed on Wednesday. Extremely -called PBMs, like Express Scripts, negotiate drug advantages for insurance plans & employers. Scott Sperling, co-president of the private equity firm THL Partners, told CNBC said the Cigna-Express Scripts bargain makes sense after Cigna's bargain by Anthem was blocked by antitrust regulators. "Everyone is looking for ways to lower the cost of providing health care," he told "Squawk Box."$eight mn alleged health care fraud scheme detect in riverbank province
according to The head of the riverbank Regional Surgery Center & a convicted felon who went to prison for his role in a multi-mn mortgage fraud scheme were between 4 men catched Thursday & found guilty by various felonies stemming from an alleged $eight mn health care fraud scheme. 3 of the defendants were participate in an alleged bogus scheme to provide health insurance to further than 300 needy patients in the Midwest. The head of the riverbank Regional Surgery Center, Dr. Babar Iqbal, allegedly worked by 2 of the defendants to provide health care for fraudulently claimed "employees" they had sent his method. The money was supposed to be used to provide health insurance to 333 poor people in the Midwest for 1 year. The UnitedHealthcare Researchers interviewed 4 people who had gone to riverbank Regional Surgery Center as employees of Kingmakers.Texas deserves credit for running health care the right method
Texas is frequently criticized in the media for having the top uninsured average in the nation. The presumption is that uninsured Texans & uninsured inhabitants in other states are not getting health care because they lack health insurance, particularly Gov. supported insurance. with contrast, Texas has the top uninsured average in the U.S., 17.one %, that is triple the number in N.Y.. Contrary to what is called Common wisdom, having health insurance, especially Gov.-provided no-charge coverage, doesn't get you in to the doctor's office. Dr. Deane Waldman (@SystemMD), MD, MBA, is a retired pediatric cardiologist & director of the Center for Health Care Policy at the Texas Public Policy base.collected by :Lucy William
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