Healthcare reporter for Bloomberg News

Aetna to Cut Co-Payments for Most AIDS Drugs After Complaint

bloomberg.com — (Bloomberg) -- Aetna Inc. has agreed to reduce out-of-pocket co-payments for most HIV and AIDS medicines to between $5 and $100 after deductibles, according to the AIDS Institute. Aetna now places almost all HIV drugs in its highest tier and charges U.S.

Kraft a Menu at the Buffett Buffet With Warren’s Latest Deal

bloomberg.com — (Bloomberg) -- Warren Buffett's taste for junk food -- namely Cherry Cokes and ice cream -- is well known. And the billionaire has long used Berkshire Hathaway Inc. to make business bets on the sorts of indulgences people can't resist, from See's Candies to Dairy Queen.

Heinz Says Severance Cost Climbs to $300 Million

bloomberg.com — Dec. 11 (Bloomberg) -- HJ Heinz Co., the ketchup maker taken private this year by Warren Buffett's Berkshire Hathaway Inc. and Jorge Paulo Lemann's 3G Capital, almost doubled its projection for severance costs after cutting more jobs. Severance will cost about $300 million for the fiscal year that began in late April, the Pittsburgh-based company said today in its second-quarter regulatory filing.

Humana Sells Clinic Unit Back to Investment Fund for $1 Billion

bloomberg.com — (Bloomberg) -- Health insurer Humana Inc. will sell its Concentra clinics unit for $1.06 billion in cash, less than five years after buying the business to expand into occupational health and physical therapy services.

Regeneron Stops Paying CEO’s Club Membership Dues, Filing Shows

bloomberg.com — (Bloomberg) -- Biotechnology-drugs maker Regeneron Pharmaceuticals Inc., which has a $50 billion market valuation, said it's cutting some benefits for top executives. Chief Executive Officer Leonard Schleifer and Chief Scientific Officer George Yancopoulos will no longer have credit card fees and automobile allowances paid by the firm, Tarrytown, New York-based Regeneron said in a proxy filing.

Washington, Alaska Lead Probe Into Hacking of Health Insurer

bloomberg.com — (Bloomberg) -- Insurance regulators in states including Washington and Alaska are launching an investigation into the cyberattack on health insurer Premera Blue Cross. State watchdogs will look into "what happened, how it happened, and what the end result or consumer impact is," Lori Wing-Heier, director of Alaska's Division of Insurance, said Friday.

Aging Baby Boomers Make Health Insurer Humana a Target: Real M&A

bloomberg.com — (Bloomberg) -- As more former hippies need hip replacements, health insurers from Humana Inc. to WellCare Health Plans Inc. are turning into hot targets. Humana and WellCare, both providers of Medicare coverage, are generating record revenue as aging U.S. baby boomers drive an increase in enrollment in the government-sponsored program for the elderly.

Premera Blue Cross Says Data on 11 Million Exposed by Hackers

bloomberg.com — (Bloomberg) -- Premera Blue Cross, which sells health insurance in the northwestern U.S., said information on 11 million people may have been exposed in a cyberattack uncovered six weeks ago. Hackers may have accessed information including names, Social Security numbers, bank accounts and medical information, Mountlake Terrace, Washington-based Premera said today in a statement.

Top Court’s Obamacare Ruling Raises Risks to Hospitals, Insurers

bloomberg.com — (Bloomberg) -- U.S. hospital companies and health insurers face the highest corporate stakes when the Supreme Court hears arguments Wednesday to decide the fate of Obamacare's subsidies that help people buy health coverage. Since the law's 2010 signing, shares of HCA Holdings Inc., Tenet Healthcare Corp. have more than doubled.

ING Plans $2 Billion Sale of Voya Stock to Exit U.S. Insurer

bloomberg.com — (Bloomberg) -- ING Groep NV, the biggest Dutch bank, said it will end an investment in its former U.S. insurance unit, Voya Financial Inc., by selling 45.6 million shares. Voya will repurchase $600 million of its shares in connection with the offering, according to a statement Tuesday from the New York-based insurer.
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Mar 27, 2015

Google is going to help JnJ build robots to cut your insides (surgically, that is): bloomberg.com/news/articles/… via @CynthiaLKoons

Mar 27, 2015

RT @crayton_h: Aetna confirms it's cutting copayments nationally for pricey AIDS drugs, @ZTracer reports. bloom.bg/1NkCYtr

Mar 27, 2015

@AnthonyBrino the prick on my finger that still kinda hurts says not just yet

Mar 27, 2015

RT @GeogheganMC: @ZTracer @InsuranceInside thanks for RT - forgot to link where the issue is - the lead article is good fun! insiderquarterly.com

Mar 27, 2015

RT @GeogheganMC: Our IQ @InsuranceInside quarterly spring M&A dating app front cover is causing a bit of a stir! pic.twitter.com/hyiBYldtCY

Mar 26, 2015

Lululemon yoga pants for men. Slim fitting, spacious where it matters: bloomberg.com/news/articles/… via @lcrupp

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