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New York state filed civil charges on Thursday accusing Johnson & Johnson of insurance fraud for downplaying the risks of opioid painkillers, including to doctors and elderly patients. Governor Cuomo said the charges by New York’s Department of Financial Services in that regulator’s opioid industry probe follow charges against Teva Pharmaceutical Industries, Allergan, Endo International …
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US health insurance giants doubled their profits as the coronavirus pandemic killed thousands of Americans — sparking a federal investigation. Three of the nation’s largest health insurers raked in a collective $10.7 billion in profits from April through June with the virus raging across the country, up from just $5.3 billion in the same period …
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UnitedHealth Group on Wednesday warned of rising costs later this year as Americans catch up on less urgent surgeries delayed by the coronavirus pandemic but stuck to its full-year forecast after posting a near 102 percent surge in quarterly profit. Shares of UnitedHealth, the first US health insurer to report second quarter results, were down …
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Hint: it would be a dystopian disaster. magine if you purchased food like most Americans obtained healthcare. No, I really want you to try to envision it… Struggling? I am a family physician whose father worked in a grocery store, and I enjoy eating at Mexican restaurants immensely, so maybe I can help. An ‘Affordable’ …
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Shares of SelectQuote jumped more than 40 percent in their stock market debut on Thursday, giving the insurance policy comparison Web site a market valuation of over $4 billion. The company’s stellar offering is the latest sign of thawing in the initial public offering market, which was shut to most companies when the coronavirus outbreak …
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Harvard surgeon and author Atul Gawande will step down as chief executive officer to take on the role of chairman at Haven, the healthcare joint venture of Amazon, Berkshire Hathaway and JPMorgan Chase. Boston-based Haven said on Wednesday Gawande was taking the new role to focus on company strategies, and form policies related to the …
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Animal pharmaceutical maker Zoetis is launching a new pet insurance business amid a spike in pet adoptions during the coronavirus pandemic, The Post has learned. The Parsippany, NJ-based business plans to announce its new Pumpkin Pet Insurance, which it created with entrepreneur Alex Douzet, of dog food company Ollie, on April 30. It will be …
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Unemployed and looking for health insurance? New York state has promised to help, but it may be endangering its call center workers in the process, The Post has learned. The contract workers responsible for helping the growing throngs of unemployed New Yorkers find affordable health insurance say they are taking off work to avoid catching …
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It’s going to be a tough spring for people who used to work at restaurants. After abruptly losing their jobs because of the coronavirus crisis, former waitstaff and kitchen workers at thousands of closed eateries citywide face a dismal job market, spotty health coverage and uncertain hopes for government handouts. “My biggest concern is for …