Welcome to Business Insider ‘ s daily healthcare newsletter , your daily dose of pharma, biotech, and healthcare news. Subscribe here to get this newsletter in your inbox every weekday. Hi, The UK has approved Pfizer and BioNTech’s coronavirus vaccine, becoming the first Western country to give a vaccine an […]

Andrea, a 36-year-old woman going through egg-freezing, faced an $US18,000 charge for her prescriptions. The amount would have used up most of the $US20,000 fertility benefit she had with her employer. After a stressful process of arguing with her insurer and the pharmacy she used, she found that if she […]

Cigna and New York Life are launching The Brave of Heart Fund to provide grants for the families of healthcare workers who have died while fighting the coronavirus pandemic. The insurers contributed a combined $US50 million to the fund. New York Life will also match the first $US25 million of […]

3 in 5 Americans feel lonely, according to the results of a new survey released by health insurance company Cigna. A big contributing factor seemed to be workplace loneliness. Loneliness can serious health consequences, with some experts calling it as dangerous as smoking. To decrease workplace loneliness, experts told Insider […]

Wendell Potter, a former health insurance executive and now pro-Medicare for All activist, apologised for his role in designing the biggest argument against industry reform in a New York Times op-ed published Tuesday. He was referring to the idea of choice, or put another way, the freedom of Americans to […]

Hello, Well, it’s official: Bristol-Myers Squibb and Celgene are likely going to form the megamerger of their dreams, after shareholders approved the $US74 billion union. Before heading into the weekend on that note, I wanted to leave you with a recap of all the news that kept Business Insider’s healthcare […]

In February, Congress brought in a group of pharmaceutical CEOs and executives from seven companies to testify about the high price of prescription drugs. On Tuesday, Congress kept the conversation going, this time grilling pharmacy benefit managers, the little-known middlemen responsible for negotiating drug prices. During the hearing executives from […]

For the 1.25 million Americans living with Type 1 diabetes, insulin is a life-saving drug that helps them process the sugar in their blood. Price increases for insulin have put pressure on people living with diabetes who don’t have insurance, or whose insurance plans require them to pay the full […]

The annual J.P. Morgan Healthcare Conference kicks off on January 7 in San Francisco. The event is the start to an already-busy year for biotech, pharma, and healthcare executives. From Amazon’s healthcare ambitions, to who will pull off the next mega-merger, here’s what we expect to hear a lot about […]

Cigna is set to officially close its deal to acquire pharmacy benefits manager Express Scripts. The deal was announced in March but took some time clearing regulatory hurdles from state insurance agencies as well as the Department of Justice. The deal combines a health insurer and a company that helps […]

Healthcare dealmaking hit a record this year, and the transactions could reshape how we pay for our prescriptions and treat diseases. Big pharma companies, health insurers, and care providers have agreed to about $US421 billion in transactions this year, according to data from Refinitiv. That’s a record high, and amounts […]

Loneliness is a big issue in the US, particularly among younger people. There’s a scientific way to determine how lonely you are, called the UCLA Loneliness Scale. Health insurer Cigna on Wednesday released a 10-question version of the tool, made in partnership with Dr. Daniel Russell, who created the initial […]

The US Department of Justice has now cleared two healthcare megamergers, after CVS Health and Aetna’s $US69 billion merger got the green light from the agency on Wednesday. In September, the agency also cleared Cigna’s $US67 billion merger with Express Scripts. The acquisitions, once officially closed, will redraw the healthcare […]

The Department of Justice just cleared Cigna‘s $US67 billion merger with Express Scripts. The deal combines a health insurer and a company that helps negotiate lower prices for prescription drugs in the form of rebates on behalf of health plans. Cigna and Express Scripts said Monday that they expect the […]

Cigna is launching a $US250 million venture fund called Cigna Ventures. Cigna Ventures will be tasked with finding startups and growth stage companies in healthcare, specifically with focuses on analytics, digital health, retail, and managing and delivering care. The hope is to tap into companies at earlier stages who might […]

The Department of Justice is getting close to approving two healthcare megamergers, The Wall Street Journal reported Wednesday. The mergers – one between the pharmacy CVS Health and the insurer Aetna, and the other between the insurer Cigna and the pharmacy benefit manager Express Scripts – were announced at the […]

The lines around what defines a healthcare company have been changing drastically with a slew of mega-merger deals like CVS’s proposed combination with Aetna and Cigna’s deal with Express Scripts. The bets CVS and others are making is that the future of healthcare won’t be in the hospital any more. […]