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After year of Obamacare, health insurers' profits rise
2014-11-02 00:53:41| Beverages - Topix.net
Wellpoint, one of the nation's biggest insurers, reported higher profits than expected last week, along with Aetna and UnitedHealth. The nation's biggest health insurers entered last fall cautious about a major coverage expansion initiated by the health care overhaul, the federal law that aims to cover millions of uninsured people.
Tags: year
health
rise
profits
Obamacare disappoints for those seeking drug, alcohol, mental health treatment
2014-10-06 00:37:10| IT Services - Topix.net
When Vice President Joe Biden , perhaps overcome with excitement during his speech congratulating President Obama on the passage of health care reform, dropped an F-bomb on live television, it seemed like he was onto something and many would benefit from this landmark legislation, especially for those in need of drug, alcohol, and mental healthcare treatment. One of the key features of the American Affordable Care Act or Obamacare involves the Mental Health Parity and Addiction Equity act, which in layman terms means insurance companies now are required to treat drug, alcohol, and mental health claims the same as other medical conditions like cancer or diabetes.
Tags: health
treatment
drug
mental
How cost pressures under Obamacare can be a boon to the biotech industry
2014-09-16 22:22:54| Biotech - Topix.net
President Barack Obama's signature Affordable Care Act has spurred plenty of attacks on the pharmaceutical industry, but it has also created opportunities, according to Flagship Ventures partner Harry Wilcox. The recent launches of drugs with high up-front costs have revived the longstanding debate over how much new medicines ought to cost.
Insurers pay more tax on executive compensation under Obamacare: study
2014-08-27 07:05:41| Beverages - Topix.net
When Washington eliminated corporate tax deductions on health insurance executive compensation above $500,000 under President Barack Obama's healthcare reform law in 2013, it generated more than $72 million in additional tax revenue for the U.S. government, a left-leaning think tank said on Wednesday.
Oracle slaps Oregon with a lawsuit over troubled Obamacare website
2014-08-11 23:26:17| InfoWorld: Top News
Oracle has sued Oregon for breach of contract, seeking more than $20 million in fees the state is withholding for its work on Cover Oregon, a troubled insurance exchange website developed as part of President Barack Obama's health care policy overhaul. The move is a preemptive strike by Oracle against Oregon, whose governor, John Kitzhaber, has advocated suing Oracle.
Tags: website
oregon
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lawsuit
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