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CIGNA HAS MADE an offer to buy pharmacy-benefits manager Express Scripts, the last remaining large and independent PBM in the nation, in a deal whose total value is $69.6 billion. / BLOOMBERG NEWS FILE PHOTO/RON ANTONELLI

Cigna to buy Express Scripts as health shakeout speeds up

NEW YORK – Cigna Corp. agreed to buy Express Scripts Holding Co. in an about $54 billion deal that builds on the rapid transformation...
INVESTORS THAT BOUGHT the bonds that CVS Health sold Tuesday to help finance its purchase of Aetna already have seen a gain in the value of their holdings, as the debt market reacts favorably to the deal.

CVS bond buyers get $450M windfall after mega sale

NEW YORK – Investors who managed to grab a piece of CVS Health Corp.’s mammoth $40 billion bond sale are already a little richer.The...
ACCORDING TO HSRI officials, the individual mandate expiration will cause as much as 50 percent premium spike for individual plans over the next three years.

Sherman: HSRI premiums may spike 50% without mandate

PROVIDENCE —  HealthSource Rhode Island’s 12 percent enrollment increase was the greatest among state-based Affordable Care Act exchanges this year, but the individual mandate...

Health stocks, including CVS, slump as Amazon-led group unveils efficiency plans

WILMINGTON, Del. – Health care stocks plunged after three companies led by Internet giant Amazon.com Inc. said they plan to collaborate on developing ways...
HIGHER RATES: The Office of the Health Insurance Commissioner has approved 18-20 percent increases in health insurance rates for silver-level plans in the individual marketplace, due to the elimination of cost-sharing reduction payments to insurers from the federal ­government. / BLOOMBERG 
FILE ­PHOTO/
ANDREW ­HARRER

OHIC’s approach saves R.I.ers significant financial pain

It might seem counterintuitive to praise Health Insurance Commissioner Marie L. Ganim for keeping the average cost increases in 2018 for the benchmark silver...
THE OFFICE OF THE HEALTH Insurance Commissioner and HealthSource RI announced that new rates for silver-level plans in the individual health insurance market place will increase 18-20 percent due to the elimination of Cost Sharing Reduction payments to insurers from the federal government. However, these increases will largely be offset by federal tax credits as mandated by law. / BLOOMBERG FILE PHOTO/ANDREW HARRER

OHIC announces new 2018 rates in response to Trump’s CSR cut

PROVIDENCE – The R.I. Office of the Health Insurance Commissioner has approved new rates increases for HealthSource RI’s silver-level health plans sold on the...

Health care reform in hands of R.I.

While panelists for Providence Business News’ Oct. 5 Health Care Summit came to the conclusion that “repeal and replace” was not in the cards...
THE SENATE GOP has revived its effort to repeal the Affordable Care Act but is running out of time to pass the measure with a simple majority. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Does the Graham-Cassidy bill to alter the Affordable Care Act deserve...

As the U.S. Senate prepares to consider the health care bill being presented by Sens. Lindsay Graham, R-S.C., and Bill Cassidy, R-La., the issue...

California’s ‘modest’ proposal for single-payer system may be worth trying

This past spring California’s Senate proposed a single-payer health care financing system. Gov. Jerry Brown was immediately skeptical.“This is called ‘ignotum per ignotius.’ In...
SENATE MAJORITY LEADER, Mitch McConnell / BLOOMBERG FILE PHOTO/ANDREW HARRER

GOP’s Obamacare repeal would cut insured by 32 million, CBO says

WASHINGTON - A Republican fallback plan to repeal all of Obamacare without a replacement health program would lead to 32 million more people uninsured than under...
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