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Senate Republican pitches swapping enhanced ACA tax credits with HSAs
CNBC Television· 2025-11-18 23:00
So, the shutdown might be over, but the race to figure out a solution on health care is on, and senators only have weeks to do it. So, remember those Affordable Care Act tax credits, a big reason for the shutdown, they're still expiring at the end of the year. And while Democrats want to extend them, Republicans say that if they try that, there's no way it's going to get enough support to pass.So, enter Senator Bill Cassidy. He's the top Republican on the Senate panel on healthcare. And his proposal is basi ...
CNBC Investigations: U.S. health plans tap prescriptions that feds say are illegal
CNBC Television· 2025-11-13 14:10
Key Concerns Regarding Prescription Drug Costs - The cost of specialty medications can reach tens or even hundreds of thousands of dollars annually, with US prescription drug prices averaging nearly three times more than in other countries [2] - Employers and families are seeking solutions due to skyrocketing prescription drug prices [1][2] - Alternative funding programs (AFPs) source medications from overseas at a fraction of the cost, but these drugs may not be FDA approved [3][7] Risks Associated with Imported Drugs - Imported drugs may be counterfeit, mislabeled, or improperly handled, potentially rendering them ineffective or unsafe [9][10] - Lack of FDA oversight raises concerns about the quality and safety of these medications [7][8] - The FDA has issued warning letters to companies importing counterfeit or mislabeled drugs [10] Legality and Regulatory Issues - The FDA states that importing drugs available domestically is illegal [4][17] - AFPs argue they are facilitating patients' rights under the personal importation policy, allowing a 90-day supply for personal use, but the FDA disputes this [16][17] Insurance Schemes and Employer Responsibility - Some employer-sponsored insurance plans carve out coverage for expensive specialty medicines and contract with AFPs to source drugs from overseas [6] - Employees need to check their specialty medicine coverage and inquire about the source of their medications [14] - AFPs may claim to source drugs from safe countries like the UK or Canada, but drugs may be transhipped from other countries like Turkey [15]
GLP-1 prices are dropping: Who exactly will benefit?
CNBC Television· 2025-11-11 15:05
employer plans and individual plans who also don't have access to GLP1s. What can you do to make those insurers and PBMs get these same prices so they can put access for those. >> I'll ask or or Bobby that question would be very it's a good question.>> Absolutely. Many Americans receive their insurance uh through the commercial markets. The companies have committed to ensure that at worst prices are at MFN on GLP1s and are committed to continue to negotiate those prices down based on volume just as they do ...
X @aixbt
aixbt· 2025-11-04 12:33
stream finance created $530m in fake collateral through recursive minting with elixir protocol. $285m bad debt across euler, silo, morpho. elixir's $67m exposure is 44% of their treasury. nexus mutual and insurace about to see massive demand surge as every protocol scrambles for coverage. insurance infrastructure becomes mandatory, not optional. ...
X @Bloomberg
Bloomberg· 2025-10-31 13:28
RT Bloomberg New Economy (@BBGNewEconomy)Billions in climate losses go uninsured each year.Maria Mateo Iborra, Co-Founder & CEO of IBISA and a 2025 Bloomberg New Economy Catalyst, is closing that gap with satellite-driven insurance protecting 600K+ people across Asia and Africa from climate shocks. #BloombergCatalysts https://t.co/ItvmbUzwR2 ...
X @The Economist
The Economist· 2025-10-31 02:40
Jamaicans are famously resilient, but most have no insurance, and the country will need all the aid it can get. The island’s government says it is in touch with the United States https://t.co/aFykiU7hY3 ...
X @The Economist
The Economist· 2025-10-30 17:00
Jamaicans are famously resilient, but most have no insurance, and the country will need all the aid it can get. The island’s government says it is in touch with the United States https://t.co/rY9flIdI2PPhoto: Getty Images https://t.co/rYVYYdCGdL ...
X @Bloomberg
Bloomberg· 2025-10-29 13:20
From changes to prescription drug coverage to rising deductibles, even some Americans with good insurance are experiencing sticker shock this open enrollment season, @lisamjarvis says (via @opinion) https://t.co/zrXU02VhYZ ...
X @The Economist
The Economist· 2025-10-09 21:40
Buying insurance that protects against such losses would encourage firms not just to try to stop attackers getting in, but also to ensure their computer systems can recover quickly https://t.co/LwIhbly0cz ...
X @Bitcoin
Bitcoin· 2025-10-09 00:41
Bitcoin Integration into Finance - Bitcoin is transitioning from a speculative asset to a reserve denominator, penetrating the insurance sector, a core component of the financial system [1][2] - The structure is reflexive, where Bitcoin collateral generates increased Bitcoin demand, creating a feedback loop as insurance premiums are held in Bitcoin and lent out [2][3] - Major financial institutions like Apollo, Bain, Northwestern Mutual, and Pantera are participating, signaling Bitcoin's recognition as a financial substrate [4][5] Bitcoin's Evolving Role - Bitcoin's role is evolving from being priced against risk (trading) in the 2010s to yield (ETFs, reserves) in the 2020s, with a trajectory towards being priced against time and mortality (insurance, pensions) in the 2030s [6] - Insurance capital's movement into Bitcoin signals deep structural belief, potentially rewiring the discount rate logic of the entire financial system [6] - Northwestern Mutual's involvement signifies a conservative endorsement of Bitcoin, akin to JP Morgan holding Bitcoin on its balance sheet [6] Societal Implications - Insuring human life in Bitcoin terms signals trust in Bitcoin's long-term continuity, potentially surpassing the sovereign promise [7] - Bitcoin is moving deeper into the time structure of civilization, becoming a denominator of trust [7]