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UK PM May’s healthcare funding rise wins broad cabinet support: spokesman

“LONDON (Reuters) – British Prime Minister Theresa May’s pledge to increase healthcare funding by 20 billion pounds ($26.51 billion) won broad approval from her cabinet of top ministers on Monday, her spokesman said” writes Midwest Communications Inc for 95kqds.com. “They were all supportive both of the funding … and the scale of the announcement … The chancellor will be coming forward with further detail on the funding arrangements later in the year.”.  Source: 95kqds.com Share This:

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Spain brings back free healthcare for undocumented migrants

“MADRID, June 15 (Reuters) – Spain’s new socialist government promised on Friday it would restore free healthcare for undocumented migrants, a right removed by the former administration as part of cost-cutting” writes Aol Staff for aol.com. The former center-right government of Mariano Rajoy withdrew the right to general healthcare for undocumented migrants in 2012 as part of a program of spending cuts.The government later reinstated some rights like access to emergency healthcare in 2015, but fell short of returning full coverage to an estimated 800,000 people residing in Spain without…

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Soaring costs, loss of benefits top Americans’ healthcare worries: Reuters/Ipsos poll

“(Reuters) – For over a year now, Americans have listed healthcare as the most important problem facing the country, according to Reuters/Ipsos polling” writes Midwest Communications Inc for 95kqds.com. This concern is consistent throughout the country: A majority of both millennials and baby boomers, whites and minorities, Democrats and Republicans were worried about healthcare costs. Source: 95kqds.com Share This:

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Texas’ effort to gut Obamacare would have ‘a devastating impact,’ health groups say

“The states behind the Texas lawsuit are seeking a preliminary injunction to invalidate the law” reports washingtonexaminer.com. The brief added that eliminating the protections for pre-existing conditions would have “a devastating impact on doctors, patients, and the American healthcare system as a whole.”. Major healthcare groups and mostly blue states on Thursday filed “friend of the court” briefs to argue against a lawsuit from Texas and several other states that says the healthcare law is unconstitutional.But the brief from the American Cancer Society and American Heart Association said that reasoning…

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A judge just approved AT&T and Time Warner’s merger — and it could be good news for a series of healthcare mega-mergers

“A decision about a proposed merger between two telecommunications companies could be good news for a series of healthcare mergers” writes Lydia Ramsey for businessinsider.com. On Tuesday, a judge approved the case of Time Warner and AT&T, another so-called vertical merger that the Department of Justice took to court.”We’re in the Wild West somewhat as to what antitrust policy is going to look like, as we are with so many aspects of the Trump administration, ” Cantor said.The termination fee for the merger, should it be called off, is $2.1…

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Markets News Stocks 

Investors ready to resuscitate Johnson & Johnson’s ailing stock

“NEW YORK (Reuters) – Johnson & Johnson shareholders have endured a painful year amid worries about prospects for its many businesses, but investors capitalizing on the stock’s relatively cheap valuation may be set to apply a Band-Aid to the declines” writes Midwest Communications Inc for 95kqds.com. Aside from paying its dividend, some investors want J&J to use its cash for a stock buyback or for an acquisition to improve its growth prospects.”Sentiment remains fairly negative for the group, so that by and large does not help Johnson & Johnson,” said…

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News Regulators 

Fed up with rising costs, big U.S. firms dig into healthcare

“Cisco said costs for Stanford plan patients are 10 percent lower than conventional coverage still used by most of its employees” writes Midwest Communications Inc for 95kqds.com. Santa Clara, Calif.-based Intel says it has found such partners since it launched its Connected Care health plan five years ago.Still, Intel employees will sometimes ask Mitchell for help when they cannot see specialists quickly enough.Cisco last year began offering its employees a plan it negotiated directly with nearby Stanford Health medical system. Source: 95kqds.com Share This:

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Health insurers are warning that the Trump administration would further destabilize Obamacare through its request to have a court strike down the healthcare law’s key regulations, joining Democrats in opposing the move.

“Health insurers are warning that the Trump administration would further destabilize Obamacare through its request to have a court strike down the healthcare law’s key regulations, joining Democrats in opposing the move” writes Healthcare Gov Via for washingtonexaminer.com. The Trump administration angered Obamacare advocates and Democrats by asking a court Thursday to undo the requirements that health insurers must sell coverage to people with pre-existing illnesses and cannot charge them more than other customers.Frank Pallone, the top Democrat on the Energy and Commerce Committee, called it a “stunning attack on…

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