CVS Health called “insane” for attempting to step into insurance industry

CVS Health insurance

Wall Street Analysts are baffled by the pharmacy and drug store chain’s potential Aetna purchase. CVS Health revealed its intentions to purchase nationwide insurance provider, Aetna. This would represent the company’s first steps into the health insurance industry. At the same time, it has Wall Street analysts puzzled over the decision. This entry into health insurance within the current atmosphere has analysts completely confused. Jeffries health care desk analyst, Jared Holz, called the CVS Health decision “insane.” Moreover, he also said that this move to acquire Aetna has arrived much…

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Health insurance market is experiencing a growth rate slowdown

affordable care act health insurance coverage

A government survey has shown that the growth rate within that market dropped significantly in 2016. A federal report has confirmed that the health insurance market growth rate is slowing down. In fact, this year saw a notable growth reduction when compared to the rates seen since the launch of the Affordable Care Act. Still, there is progress being made and at the start of the year, uninsured rates hit record lows. During the first three months of the year, the health insurance market was providing coverage for an additional…

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Health insurance mergers may impede value-based care

health insurance mergers industry care

The Justice Department determined that if large insurers come together it would hinder new coverage model adoption. Health insurance mergers have been increasingly common lately. That said, they’ve also been generating a considerable amount of controversy at the same time. According to the U.S. Justice Department, if very large insurers should merge as they have been doing, it could be damaging to current industry model trends. Among the main changes in health care is the move away from fee-for-service medicine. Instead, private insurance and the government have been shifting toward…

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Could health insurance discrimination result from DNA data collection?

health insurance discrimination dna genetic testing

In all but one G7 country, there are laws to protect people from losing rights based on their genetics. There is a rising belief among geneticists that the completion of genome sequencing would cause people to discover things about themselves that they don’t want to know, but many don’t realize that health insurance discrimination could also result from this type of test. These tests produce a detailed analysis of a person’s complete genetic code and they are not expensive to obtain. Naturally, DNA tests will not guarantee that a person…

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Insurance industry placed in the spotlight in Hillary Clinton ad

Hillary Clinton health insurance industry

The Democratic presidential candidate made several points that villainized health insurers. Hillary Clinton has used one of her latest ads as a Democratic presidential candidate to focus on taking control over the rising expenses people are facing when buying prescription drugs and has put some blame on the health insurance industry. The design of the ad clearly pointed to the insurance companies as participants in keeping the those expenses high. The ad was first released over the weekend and appeared before Iowa and New Hampshire viewers. Within it, Clinton discussed…

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