Health Care

Health Care

As big health deals bloom in July, Anthem is buying Cigna for $48 billion

The deal, if regulators approve it, will create the nation’s largest health insurer by enrollment, covering about 53 million U.S patients. In just three weeks, starting with Aetna’s $35 billion bid for Humana on July 3, the landscape of health care has been altered in a buyout frenzy that could transform five massive health companies into just three.

Health Care

As drug prices soar, calls for justification intensify

As complaints grow about exorbitant drug prices, pharmaceutical companies are coming under pressure to disclose the development costs and profits of those medicines and the rationale for charging what they do. Bills have been introduced in at least six state legislatures in the last year, aiming to make drug companies justify their prices.

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