CVS to Buy Aetna for $66 Billion. Is a consolidation about to occur?

October 27th, 2017

By Zachary Tracer and Robert Langreth
(Bloomberg) -- Aetna Inc. gained in New York trading after
the Wall Street Journal reported that CVS Health Corp. is in
talks to buy the insurer for more than $66 billion.
Aetna jumped 12 percent to $178.60, closing at a record
high, while CVS fell 2.9 percent to $73.31. Spokesmen for Aetna
and CVS declined to comment.

NAHU “Operation Shout”

October 24th, 2017

Take Action

NAHU is excited to announce that earlier this month Senators Mark Warner (D-VA) and Rob Portman (R-OH) introduced S. 1908, and Representatives Diane Black (R-TN) and Mike Thompson (D-CA) introduced H.R. 3919. These bipartisan bills will provide much-needed relief for employers seeking to comply with the reporting requirements under Sections 6055 and 6056 for enforcement of the ACA's individual and employer mandates.

Many U.S. Cities Lack Health Insurance Competition

October 24th, 2017

MONDAY, Oct. 23, 2017 (HealthDay News) -- A single company dominates the health insurance market in many U.S. cities -- and that dangerous trend is increasing, according to a new American Medical Association (AMA) report.

Analyzing 2016 data, researchers found that in 43 percent of 389 cities, just one health insurer had at least a 50 percent share of the market.

Mitch McConnell said he’s waiting to hear if President Trump will support a proposed bipartisan healthcare fix before bringing the measure up for a vote.

October 23rd, 2017

Senate Majority Leader Mitch McConnell said he's waiting to hear if President Trump will support a proposed bipartisan healthcare fix before bringing the measure up for a vote.

The plan to fix parts of the Affordable Care Act and stabilize health insurance markets is backed by 12 Republican and 48 Democratic senators.

The CEO’s Guide To Restoring The American Dream

October 23rd, 2017

For a preview of David Chase's new book on Restoring the American Dream through Healthcare watch him speak at TED talks here

Below is the forward written by Brian Klepper followed by the full book attached if you care to read about David's analysis on bringing efficient Healthcare to America.

Anthem Joins With CVS to Start Its Own Pharmacy Business

October 20th, 2017

Could this be the continuation of a shift in RX? Note that we've highlighted a possible new entrant with $20 Billion dollars of cash on hand in the story below.

Anthem, one of the nation’s major health insurance companies, said on Wednesday that it planned to start its own business to manage prescription drug plans by partnering with CVS Health, the large pharmacy benefit manager and drugstore chain.

NAHU Washington Update 10/20/17

October 20th, 2017

Our friends over at NAHU have some important updates for you with the news cycle heating up in Washington.

Stay tuned and consider joining your local chapter at NAHU  (((Consider that your career is in the hands of Congress)))

NAHU-supported market stability legislation was introduced with bipartisan support from 24 senators to provide funding for the ACA's cost sharing reduction program, provide additional state flexibility through waivers, and other provisions.

ERISA Self Compliance Tool

October 20th, 2017

ERISA self compliance tool

Have a group with concerns about compliance with ERISA obligations. Have them use this link to assess their business and keep the DOL from knocking on the door.

Filco October 2017 Newsletter

Group Benefits Industry News

October 2017

A Note from The FILCO Executive Team:

It's that time of the year again!  The 4th quarter is when carriers are releasing their new plans, rates, benefit changes, commission and broker bonus program for 2018.  We understand how important this information is to the success of your benefits business, therefore we have been meeting with all of the carriers over the past month to learn about their plans for 2018 so we can advise our broker partners.