Aetna to Sell Medicare Part D Drug Business to WellCare Health

Aetna Inc. said Thursday it agreed to sell its Medicare Part D prescription business to a WellCare Health Plans Inc. subsidiary, as the company waits for its merger with CVS Health Corp. to be approved by federal and state officials The deal with the WellCare subsidiary will be effective at the end of this year,…

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Warren Buffett on Stocks, Health Care and Banking

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Big businesses have ideas for health care — that only they can use

Large employers from the Rust Belt to Silicon Valley are turning inward as they try to find cheaper, higher-quality health care, embracing ideas like onsite clinics or direct contracts with specific hospitals. Why it matters: Employer-based benefits are the backbone of the U.S. health care system. But for all the talk about revolutionizing the system,…

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Tech Giants Pledge to Ease Patient, Provider Access to Health Data

WASHINGTON—Major tech companies committed Monday to removing technological barriers that have hindered patient and provider access to health-care data online. At a Trump administration event focused on developing more health-care apps, companies including Amazon.com Inc., Alphabet Inc. unit Google and Microsoft Corp. said they would “share the common quest to unlock the potential in health…

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Tech giants want to fix electronic health records

A group of tech firms including Alphabet, Amazon and Microsoft say they’re “jointly committed to removing barriers for the adoption of technologies for healthcare interoperability,” CNBC’s Christina Farr reports. Between the lines: Patients often have a hard time accessing their own records, and providers’ systems often don’t communicate well. Those are widely recognized problems in…

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Democrats’ midterm health care message: It’s not just the ACA

Senate Democrats are running on health care, but it’s not just against the GOP’s Affordable Care Act repeal agenda. They’re also finding health care attack angles unique to their opponents. Why it matters: Polling shows that health care is at the top of voters’ minds, and Democrats are hoping that piling onto last year’s unpopular…

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Primaries cement the health care status quo

Last night’s primaries didn’t shake anything up on health care. The bottom line: But they did reaffirm some things that we already knew. Any number of polls show that Democrats have an edge on health care and, most importantly for these midterms, that it will motivate Democratic turnout. Read more toggle Show less Go deeper100…

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Why Americans Spend So Much on Health Care—In 12 Charts

The U.S. spends more per capita on health care than any other developed nation. It will soon spend close to 20% of its GDP on health—significantly more than the percentage spent by major Organization for Economic Cooperation and Development nations. What is driving costs so high? As this series of charts shows, Americans aren’t buying…

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Singapore Data Breach Could Damage Banks’ Health

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