Health Care

Major employers, health plans launch program aimed at opioid addiction prevention

The Centers for Disease Control and Prevention reports that more than 90 Americans are dying due to opioid overdoses every day, but Express Scripts (NASDAQ:ESRX) – the nation’s largest pharmacy benefits manager – has teamed up with 600 employers and health plans to launch a program aimed at patients that are newly prescribed opioids.

Anthem to exit ObamaCare marketplace in Ohio

The nation’s second largest health insurance company, Anthem (NYSE:ANTM), will extract itself from the ObamaCare exchanges in the state of Ohio by 2018, the company announced Tuesday.

Study: New taxes could fund universal California health care

A longshot California proposal to replace insurance companies with government-funded health care for all could be paid for with a sales tax hike and a new tax on business revenue that together would generate $106 billion annually, according to a report released Wednesday.

Health records vendor settles false-claims lawsuit for $155M

One of the country's largest vendors of electronic health records will pay a $155 million settlement to resolve allegations it caused health care providers to submit false claims to the federal government, the U.S. Department of Justice and federal prosecutors in Vermont announced Wednesday.

Did EpiPen maker Mylan cheat taxpayers out of $1.27B?

Drug maker Mylan (NASDAQ:MYL), which manufactures the allergy treatment EpiPen, found itself at the center of yet another controversy Wednesday, after the Department of Health and Human Services said the government may have overpaid the company by $1.27 billion from 2006-2016.

How major US stock market indexes fared on Wednesday

U.S. stock indexes edged lower for the second day in a row Wednesday as a sharp drop for banks and a rare loss for technology companies canceled out gains for drugmakers and consumer-focused companies.