HEALTHCARE

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Healthcare reform may not be toxic to drugmakers

(Reuters) - U.S. healthcare reform spawned a wave of lowered profit forecasts this week as drugmakers quantified the costs, but the pain should be manageable until the new law starts helping results in 2014.

Bernanke says prompt action needed on deficit

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Federal Reserve Chairman Ben Bernanke said on Tuesday the country's budget deficit is on an unsustainable path and requires near-term action from policymakers to avoid dangerous outcomes.
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Boeing profit beats; outlook cut on healthcare

Boeing Co , the world's second-largest plane maker, reported a higher-than-expected quarterly profit on Wednesday, despite making fewer deliveries as the company held down costs at its commercial airplane division.
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Healthcare stocks drag on Wall Street

U.S. stocks drifted lower on Wednesday on losses by healthcare and energy stocks, offsetting strong gains by blue chips Apple Inc and Morgan Stanley.
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UnitedHealth profit beats but reform cloud lingers

UnitedHealth Group Inc's first-quarter profit soared past Wall Street estimates on strong performance for its array of health plans, but fears that the new reform law will prevent such gains in the future undercut stock gains.
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J&J profit beats forecast, but drug sales slump

Johnson & Johnson on Tuesday reported better-than-expected first-quarter earnings, with strong sales growth of medical devices offsetting revenue declines for its prescription drugs and tepid growth for its array of consumer products.
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Changing old habits could save big on drug costs

(Reuters) - Making simple changes like getting people to take their medicines exactly as directed or to refill their prescriptions on time could save employers and their workers as much as $163 billion a year in healthcare costs, U.S. researchers said on Tuesday.
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Government plans to help the aged with household chores

Old age people are prone to accident risk in their own home. Changes in vision, hearing, muscle strength, co-ordination and reflexes make older people vulnerable to falls; they may fall on a staircase because of poor lighting, sprained their muscles when lifting heavy things or burn themselves while using the kitchen. While these accidents may be small for young people but for the aged, special ai...
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GE profit beats Street view

General Electric Co reported a sharply higher profit than Wall Street had expected and sees potential for upside to its earlier forecast of flat 2010 results.
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Sweden, Canada outrank U.S. on healthcare

(Reuters) - People living in countries with government-run healthcare systems like Sweden and Canada are far more confident than Americans that their families can get good, affordable care, according to a 22-nation survey released on Thursday.
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Healthcare reform baton passes to states

(Reuters) - Now that the U.S. healthcare reform plan is law, the federal government is turning to states to institute key components -- some of which have never existed before -- and do so in a tight timeframe.
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Florida says challenge to healthcare reform widens

(Reuters) - Five more states are joining a Florida-led group of states in a lawsuit challenging President Barack Obama's overhaul of the U.S. healthcare system, Florida's attorney general said on Wednesday.
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Obama touts healthcare reform benefit to business

(Reuters) - President Barack Obama on Thursday touted the immediate benefits small businesses will receive from his healthcare reforms, in his second speech this week promoting the sweeping plan to a skeptical public.
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More breastfeeding could save U.S. billions: study

NEW YORK (Reuters Health) - If most new mothers could follow medical experts' recommendation to exclusively breastfeed for six months, the U.S. might save $13 billion in healthcare and other costs each year, a study published Monday suggests.
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Wireless technology to improve life of diabetics

Online communities within-reach via mobile phones and the internet, can be easily utilized to help people with chronic disease like diabetes. The approach outlined in the International Journal of Networking and Virtual Organizations, would cut down healthcare costs and empower patients to manage their condition more effectively.
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Summers: Economy on path to growth: FT

The U.S. economy is on the path to achieving self-sustaining growth, although the jobs outlook remains uncertain, White House economic adviser Larry Summers said in a newspaper interview to be published on Saturday.
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Democrats lie low after healthcare victory

(Reuters) - The week after passing landmark healthcare reform and handing President Barack Obama an important victory, members of the U.S. Congress returned to their home districts for a recess to face constituents and justify their votes after the bruising legislative battle.
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Boeing to take charge for healthcare reform

Boeing Co on Wednesday said it would take an income tax charge of about $150 million, or 20 cents per share, against first-quarter results due to recently enacted U.S. healthcare reform.

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