Insurance News
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Doctors, hospitals and drugmakers raised prices faster than inflation in 2010, driving U.S. health costs higher as fewer Americans sought care after the recession.
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A lawyer for New York asked a judge to dismiss a challenge to the approval of MBIA Inc.’s 2009 restructuring, saying that the state insurance department’s decision was rational.
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DaVita Inc., a provider of kidney dialysis care, agreed to buy HealthCare Partners for about $4.42 billion in cash and stock, expanding into broader medical services as it sees dialysis moving to a new payment model.
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Stephen Stanley, chief economist at Pierpont Securities LLC, has derided the Federal Reserve for downplaying improvement in the U.S. economy. Yet his 2.6 percent forecast for growth this year is below the midpoint in the central bank’s projection of 2.4 percent to 2.9 percent.
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