Keeping on top of your business' numbers may not be the most engaging way to spend your time, but it's necessary to keep the business viable. Personal finance writer Taylor Gordon explains that regular monitoring allows business managers to address what's not working, stop cash flow problems before they become serious, catch discrepancies and ensure that the business is on target to meet goals.
The Trump administration has proposed new rules that would make short-term health insurance, with low prices and less coverage, more widely available. Proponents say the move will allow for greater choice and affordability in the market, but critics say it will destabilize insurance markets.
More than 160 health care organizations sent a letter to HHS Secretary Alex Azar urging him to revoke CMS guidance for states requesting work requirements for Medicaid recipients and to withdraw related waiver approvals, saying the policy could inhibit health care access for people with chronic conditions, particularly those dealing with substance abuse and mental health disorders. The groups said the policy interferes with the government's efforts to curb opioid abuse and improve re-entry from the criminal justice system.
More states are seeking to fundamentally change their Medicaid programs through waivers, and their requests involve more than just work requirements for enrollees. Among the ideas are lifetime limits, temporary lockouts if beneficiaries fail to report income changes or renew enrollment on time, charges for missed appointments, cost-sharing requirements and moving more recipients to private coverage.
Legislation in Wisconsin would let small businesses within an industry association or chamber of commerce self-insure for employees' health care. The bill's author says the measure would mitigate soaring health care costs, while an opponent says it would undermine the Affordable Care Act marketplace and lead to health plans with fewer benefits.
A bill that would establish a state drug importation program, which will allow drug imports from Canada at lower prices, was approved by Utah's House of Representatives. The bill, which now advances to the state Senate for consideration, seeks HHS approval for Utah to allow contracted wholesale pharmacies to buy prescription drugs from approved wholesalers in Canada.
FDA Commissioner Scott Gottlieb said the agency is taking steps to prevent the potential misuse and abuse of gabapentinoids, which could result in serious adverse events. The agency was alarmed by reports of off-label prescribing of gabapentinoids to treat pain, and as an alternative to opioids.
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Men go to far greater lengths to avoid what they fear than to obtain what they desire.
Dan Brown, writer
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