BOSTON, Mass. (WLNE) – Blue Cross Blue Shield of Massachusetts will not be covering Aduhelm, a controversial new Alzheimer's drug. Blue Cross says while the drug shows promise, studies do not demonstrate that the benefits outweigh the risks.
More than a dozen former NBA players have been charged in New York federal court in an alleged multi-million-dollar health insurance fraud scheme to rip off the league's benefit plan, according to an indictment unsealed in the Southern District.
With expansion officially underway after nearly a year of funding uncertainty and a court battle, the Biden administration is hoping to persuade a dozen other Republican holdout states to expand eligibility, more than a decade after the option was created by the Obama administration.
Shares of health insurance technology Oscar Health (NYSE:OSCR) dropped 11% in September, according to data provided by S&P Global Market Intelligence. The company has lost nearly 50% of its value since its initial public offering in February as its loss widens, and that streak continued into September.
Participants in the Federal Employees Health Benefits Program can expect to pay, on average, about 3.8% more toward their health premiums in 2022. Overall premiums will go up — again, on average — 2.4% next year, with the government's share rising by about 1.9% in 2022.