Since 2023, Dr. Mehmet Oz, the celebrity doctor nominated by President Trump to head the Centers for Medicare and Medicaid Services, has been a high-priced pitchman for iHerb, a California supplement retailer. He has aggressively promoted iHerb products on social media, recommending supplements that he says will stimulate hair growth and provide smoother skin. Olive…
Medicare can cover most of your health care needs when you turn 65, but it doesn’t pay for everything. And one of the most significant financial challenges to watch out for are the out-of-pocket costs you can face aside from monthly premiums — including deductibles and other types of cost sharing. Just how much you’ll…
Amid the global turmoil of this young new year comes a flurry of welcome developments that will help many people — especially retirees and those close to retirement — supercharge their savings, cut prescription drug costs, keep more of the money they earn and, possibly, raise their credit scores. Fair warning, though: It’s complicated. The…
The nonpartisan Congressional Budget Office projected that thanks to the negotiations, Medicare’s prices for semaglutide products “will fall substantially beginning in 2027.” That would also open the door to lower prices for competing obesity drugs like Eli Lilly’s Zepbound. Pharmacy benefit managers, which negotiate drug prices, would have more leverage to demand lower prices closer…
UnitedHealth Group reported on Thursday that it earned less than expected this past quarter, citing higher medical costs and pressure on its insurance division at a time when the company is still reeling from the shocking murder of a top executive last month. Revenues for UnitedHealth Group amounted to $100.8 billion for the fourth quarter,…
Since his cancer diagnosis last year, Kent Manuel has regularly seen an oncologist near his home in Indianapolis. It’s been a tough time: After spinal surgery for paralysis caused by his cancer, he is regaining the use of his legs with physical therapy but still uses a wheelchair. Now, Mr. Manuel said, “I’m dealing with…
