Medicaid

Millions of Americans are being kicked off of Medicaid, in a move that could impact the success of the Democratic party in the upcoming presidential election. In the last three months, almost 4 million Americans lost their Medicaid coverage as the program's continuous enrollment provisions came to...

Republicans are pushing ahead with an agenda of spending cuts, with most GOP-controlled states reportedly removing scores of people off the Medicaid beneficiary list. What Happened: Over 1 million people have been eased out of Medicaid in recent months, with failure to file paperwork cited as the...

An inability to agree on the conditions surrounding a raise of the national debt ceiling has put the U.S. on the verge of default. While President Joe Biden and House Speaker Kevin McCarthy are set to meet on Tuesday to negotiate a deal for the new raise, Treasury Secretary Janet Yellen is warning...

Do Medicaid and Medicare cover medical marijuana? The short answer is no, even though one in five Medicare recipients are users of medical cannabis, according to last year's poll by the Medicare Plans Patient Resource Center. In that Medicare and Medicaid are federal health...

Missouri's ballot initiative to legalize marijuana for adult use in 2022 is currently short of the necessary signatures in four of the six Congressional districts necessary to make the ballot. However, the effort to bring recreational marijuana to legalization next November in the state is...

One of the largest SPAC deals of all time was announced Monday morning with MSP Recovery announcing a merger. The SPAC Deal: MSP Recovery announced a SPAC merger with Lionheart Acquisition Corp II (NASDAQ: LCAP) valuing the company at a pro forma enterprise value of $32.6 billion. There was not a...

Only two traditional IPO listings are expected to price during the week of March 1. Here is a look at what investors should expect from the IPO offerings. Oscar Health: Health insurance company Oscar Health (NYSE: OSCR) will be the biggest IPO of the week. The health insurance technology...

The two largest pharmacy chains in the U.S. have grown through unit expansion and several major acquisitions. The companies have seen their share prices fall on concerns surrounding Amazon.com's entry into the market. Benzinga is looking at how CVS Health Corporation (NYSE: CVS)...

Piper Sandler analyst Sarah E. James initiates coverage on CVS Health Corp (NYSE: CVS) with an Overweight rating and a $72 price target. The CVS Takeaways: “CVS is well positioned to transform health care access,” James wrote in a note. The company’s large footprint,...

Mizuho recommended buying three health insurer stocks as it initiated coverage of the sector Thursday.  The Analyst Mizuho's Ann Hynes initiated coverage of Humana Inc. (NYSE: HUM) with a Buy rating and $316 price target.  Hynes started Cigna Corp. (NYSE: CI) with a Buy and...

Health insurer Centene Corp (NYSE: CNC) said Wednesday it reached an agreement to acquire WellCare Health Plans, Inc. (NYSE: WCG), a provider of government-sponsored managed care services, for more than $15 billion. What Happened The combination of St. Louis-based Centene and Tampa-based WellCare...

Shares of Molina Healthcare, Inc. (NYSE: MOH) are now fairly valued after eclipsing the $90 level, according to JPMorgan. The Analyst JPMorgan's Gary Taylor downgraded Molina from Overweight to Neutral with a price target lifted from $91 to $106. The Thesis Molina is a "pure play...

The American health care system is an unsustainable, half-century-old design that engages in price discrimination and has failed to employ technology to its potential to lower costs and expand access, Eli Lilly And Co (NYSE: LLY) CEO David Ricks told the Detroit Economic Club Thursday. The pharma...

WellCare Health Plans, Inc. (NYSE: WCG), a managed care company, is well positioned to take advantage of favorable industry-wide conditions both domestic and international, according to Argus. The Analyst Argus Research's John Staszak initiated coverage of WellCare Health Plans with a Buy...