UPDATE: Honeywell to terminate retiree health care coverage for thousands

The finish of July can mark the finish of health insurance coverage for retired Honeywell workers, their spouses & dependents. Earlier version |Honeywell is planning to cut health care coverage for thousands of retirees & their covered spouses & dependents. Honeywell is planning to finish its retiree medicinal & prescription drug coverage on July 31. The final Master CBA at issue in which litigation -- the 2011 Master CBA -- expired on probably three, 2016. which CBA doesn't provide health care advantages to retirees (or their eligible spouses & dependents), & therefore Honeywell has no legal obligation to still providing retiree medicinal coverage.

Bill Gates glad Amazon is taking on health care — however tells it's complicated

Bill Gates is glad his fellow billionaires Warren Buffett, Jeff Bezos, & Jamie Dimon are getting into health care. He's not Extremely sure their Fresh effort going to help open resolution for the entire U.S. health care system. Their outline to form an independent health care Inc. for employees of their companies — Amazon, Berkshire Hathaway, & JPMorgan Chase — has been hailed as a method to "disrupt" health care. In an interview by STAT, Gates said which When the industry titans perhaps be enable to of curb costs & get better the health of their own employees, the broader U.S. health care system is "super complex" & rife by misincentives.

Has Maine found a bipartisan solution to easing health care costs?

according to perhaps we ever see a bipartisan health care bill which addresses costs & receives unanimous legislative backing? Americans spend over $three trillion a year on health care, by out-of-sine costs to patients topping $353 bn in 2016. Yet the national debate on health care largely fails to tackle health care prices, including those increasingly paid by patients. such as many legislatively driven health care resolution, Maine's Fresh law certainly won't resolveall the crises in health care. Indications of bipartisan interest in the Maine law on the portion of state lawmakers across the country propose this approach can help break today's partisan health care legislative gridlock.

collected by :Lucy William