Tag: individual
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U.S. attorneys argue Aetna-Humana deal violates antitrust law
A U.S. Justice Department attorney told a federal judge on Monday that health insurer Aetna Inc's planned acquisition of Humana Inc would break antitrust law by reducing competition in Medicare Advantage and Obamacare exchange businesses, kicking off a trial expected to last weeks. The Justice Department filed a lawsuit in July asking the court to…
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Many smartphone health apps don’t flag danger, says review
NEW YORK (AP) — Don’t count on smartphone health apps in an emergency: A review shows many don’t warn when you’re in danger.
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UnitedHealth sees more growth in 2017 when it exits Obamacare
The company said losses in that business were within expectations in the third quarter, news that boosted the recently weak shares of competitors like Anthem Inc , which plan to stay in those markets next year. Shares of UnitedHealth, which beat Wall Street third-quarter earnings estimates, raised its full-year outlook and signaled 2017 earnings could…
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St. Jude and Abbott to sell some medical devices for $1.12 billion
(Reuters) – Abbott Laboratories, which is in the process of buying St. Jude Medical Inc for $25 billion, said the companies would sell some of their medical devices to Japan-based Terumo Corp for about $1.12 billion. Abbott said on Tuesday the deal is an important step toward completion of the St. Jude acquisition, which is…
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J&J says pharma future bright, despite threat to Remicade
Pfizer Inc late on Monday said it would begin U.S. shipments of Inflectra, its biosimilar form of Remicade, by late November at a 15 percent discount to J&J's current wholesale prices. With annual U.S. sales of about $5 billion, Remicade is J&J's biggest product. “We are confident our pharma business will go well with or…