Health Care

Sen. Mike Lee met with Vice President Mike Pence on Monday to inform him that his Consumer Freedom Amendment will likely not be part of the final version of the Senate’s health care bill to repeal and replace ObamaCare.

As the GOP gets ready for a critical vote to open debate on overhauling the U.S. health care system, one of the biggest insurers on the ObamaCare exchanges cautioned the government against destabilizing the consumer marketplace.

Eli Lilly reported a 35 percent rise in quarterly profit as the U.S. drugmaker benefited from higher sales of its diabetes treatment Trulicity as well as its psoriasis drug Taltz.

Martin Shkreli, the pharmaceutical entrepreneur vilified as the "pharma bro" for raising the price of a life-saving drug by 5,000 percent, said on Monday in federal court that he would not testify in his securities fraud trial.

WASHINGTON (AP) — John McCain will make a dramatic return to the Senate for a make-or-break vote on GOP health care legislation Tuesday, just days after getting diagnosed with a brain tumor.

In an attempt to turn Senator Mike Lee (R-Utah) from a no to a yes on the Senate health care bill, White House officials and advisers assured him that his Consumer Freedom Amendment will be fully implemented in the new health care bill, the FOX Business has learned.

President Donald Trump urged Republican senators Monday to keep their promise to the American people to repeal and replace ObamaCare, as a critical vote looms Tuesday to advance a debate on the Senate floor.

Senate Republicans are expected to vote on health care this week – either an ObamaCare repeal and replace plan or a repeal-only measure – and in a tweet Monday morning, President Donald Trump indicated he is still pushing for a full replacement strategy.

Molina Healthcare, a health insurer that specializes in the Obamacare and Medicaid healthcare programs for low-income and poor people, plans to cut about 1,400 jobs in the next few months, according to an internal company memo reviewed by Reuters.

Office of Management and Budget Director Mick Mulvaney on Monday said health care reform must happen before September and he expects tax cuts to pass within the year.