Tuesday, August 18, 2026

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Karl Wadensten

Healthcare should measure outcomes, not just approvals

Ten days ago, my 82-year-old mother-in-law, Jane, was living a remarkably active and independent life. She walked regularly, swam at the YMCA and did water...

Aetna drives CVS to $2.98B profit in Q2

WOONSOCKET – CVS Health Corp. on Wednesday reported a second-quarter profit of $2.98 billion, a 192% increase from a year ago, driven by solid performance by...

Some worry McKee attack ads reinforce state’s bad business reputation

Gov. Daniel J. McKee’s latest campaign ad attacking former CVS Health Corp. executive Helena Foulkes has sparked a backlash from some in the business...
CVS CAREMARK, CVS Health Corp.’s pharmacy benefit manager, has reached a settlement with the Federal Trade Commission over insulin prices and rebate practices. / AP FILE PHOTO/GENE J. PUSKAR

CVS Caremark settles with FTC, agrees to drug-pricing changes

WOONSOCKET – CVS Caremark, CVS Health Corp.’s pharmacy benefit manager, has reached a settlement with the Federal Trade Commission over insulin prices and rebate practices.  The agreement resolves the...
LOCAL HEALTH insurers have submitted requested commercial health insurance rate hikes for 2027 for individual, small- and large-group plans, according to the R.I. Office of the Health Insurance Commissioner announced Monday. Five insurers – Blue Cross & Blue Shield of Rhode Island, UnitedHealthcare, Harvard Pilgrim Health Care of New England Inc, Aetna and Cigna each filed large-group rates, shown above. / COURTESY R.I. OFFICE OF THE HEALTH INSURANCE COMMISSIONER

Health insurers seek rate increases for 2027

PROVIDENCE – Local health insurers have submitted requested commercial health insurance rate hikes for 2027 for individual, small- and large-group plans, the R.I. Office of the...

CVS Health tops Q3 forecasts but absorbs hefty charge for struggling...

CVS Health Corp. rode double-digit sales growth from drugstores and its pharmacy benefits management business to a better-than-expected third quarter. The health care giant also...

Trump’s new $100K H-1B visa fee could affect some R.I. businesses

PROVIDENCE – President Donald Trump’s executive order to impose a $100,000 application fee for a new H-1B visa could affect CVS Health Corp. and...

R.I. health insurance commissioner approves double-digit 2026 rate hikes

CRANSTON – The R.I. Office of the Health Insurance Commissioner on Monday approved the commercial health insurance premiums for 2026. While the rate changes...

CVS Health hikes 2025 forecast again, boosted by insurance, pharmacy businesses

CVS Health Corp. topped Wall Street expectations for the second quarter and hiked its full-year forecast again, as the health care giant continued to...

Insurers submit highest rate increase requests to OHIC in more than...

PROVIDENCE – Insurers' rate increase requests for individual, small and large group plans in 2026 were the highest the Office of the Health Commissioner has...
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