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Johnson & Johnson to consult ethicists on requests for experimental drugs

Johnson & Johnson to consult ethicists on requests for experimental drugs
Written by Lance Stover on 2015-05-13


Johnson & Johnson will become the first pharmaceutical company to formally seek advice from outside medical ethicists on "compassionate use" requests, in which desperate patients ask drugmakers to let them take an experimental medication, the company announced on Thursday. The ethicists' recommendations will be advisory, with J&J making the decision. But the drugmaker must "give us a...(Read More)

Prudential names Mike Wells as CEO to replace Thiam

Prudential names Mike Wells as CEO to replace Thiam
Written by Lance Stover on 2015-05-06


Thiam: Always going to leave PrudentialTidjane Thiam, outgoing CEO of Prudential, says that he always knew he'd leave Prudential someday, and that he doesn't know who will take his position. British insurer Prudential has appointed Mike Wells, head of its U.S. business,as its new chief executive to replace Tidjane Thiam. Wells will take up the CEO position on June 1, Prudential said...(Read More)

Escaped Prisoner Turns Himself In After 39 Years for the Health Care

Escaped Prisoner Turns Himself In After 39 Years for the Health Care
Written by Lance Stover on 2015-04-29


Ronnie Dickinson of Frankfort, Kentucky, turned himself in to authorities with an incredible story, sheriff's officials said Tuesday: His name isn't Ronnie Dickinson, he's been a fugitive for nearly 39 years and he wants to go back to prison for the health care. Clarence David Moore, 66, called the Franklin County Sheriff's Office on Monday and said he wanted to turn himself in, the sheriff's...(Read More)

Could these guys help save Obamacare from the Supreme Court?

Could these guys help save Obamacare from the Supreme Court?
Written by Lance Stover on 2015-04-22


This might be a lifeline for states that want to keep Obamacare health plans affordable for millions of their residents. The online health insurance brokerage GetInsured this week revealed it is offering to help states create their own Obamacare marketplace in just 60 days—for very little, if any, upfront costs. Such a quick turnaround might soon become an attractive option for a number...(Read More)

Giving Out Private Data for Discount in Insurance

Giving Out Private Data for Discount in Insurance
Written by Lance Stover on 2015-04-13


Andrew Thomas's life insurer knows exactly when he arrives at his local gym. The company is notified when he swipes his membership card, and 30 minutes later, it checks that he is still there, tracking his location through his smartphone. The insurance company has a vested interest in keeping Mr. Thomas alive and well. In return for sharing his exercise habits, his cholesterol level and other...(Read More)

Air crash payouts: How they work

Air crash payouts: How they work
Written by Lance Stover on 2015-04-06


In the wake of Tuesday's Germanwings Airbus A320 crash, owner Lufthansa could already be offering settlements to the families of the 150 passengers who were killed in the French Alps, industry experts have told CNBC. The plane's flight recorder or "black box," recovered after the crash, seems to indicate that the flight's co-pilot deliberately locked the commanding pilot out of the cockpit, before...(Read More)

‘Beats paying $10K’: Some uninsured opt for Obamacare fine over coverage: WSJ

‘Beats paying $10K’: Some uninsured opt for Obamacare fine over coverage: WSJ
Written by Lance Stover on 2015-03-30


Anecdotal evidence suggests that a moratorium for uninsured Americans to avoid paying a tax penalty under the Affordable Care Act may not be accomplishing its desired goal, The Wall Street Journal reported Saturday, as many citizens appear to be opting to pay a fine rather than sign up for coverage. The Journal reported that the special enrollment period extended to taxpayers without insurance...(Read More)

California 'blues': Insurer stripped of tax exemption

California 'blues': Insurer stripped of tax exemption
Written by Lance Stover on 2015-03-23


The Golden State soon could be getting a good deal of gold from this big insurer. California has stripped its third-biggest health insurer, Blue Shield of California, of its state tax-exempt status and ordered the non-profit to file tax returns retroactively to 2013, it was revealed Wednesday. The move, which Blue Shield is protesting, could leave the insurer owing tens of millions of dollars...(Read More)

Specialty drug spending sees record increase

Specialty drug spending sees record increase
Written by Lance Stover on 2015-03-16


Prescription drug prices rising: ReportCNBC's Meg Tirrell has the details on a report from Express Scripts which shows prices on some prescription drugs are soaring. Spending on specialty medicines took a record rise in the U.S. last year, driven primarily by new drugs for hepatitis C, according to pharmacy benefits manager Express Scripts, which has been waging a war against the therapies'...(Read More)





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