HEALTHCARE

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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.

J&J profit beats forecast, but drug sales slump

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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.

Changing old habits could save big on drug costs

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(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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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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Obama signs final healthcare changes, defends law

(Reuters) - President Barack Obama made another push to sell his healthcare overhaul to a skeptical public on Tuesday, calling it a victory over special interests that will help the middle-class and defending the courage of legislators who backed it.
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Poll charts concerns about healthcare costs

(Reuters) - Nearly two-thirds of Americans say the healthcare overhaul signed into law by President Barack Obama costs too much and expands the government's role too far, according to a poll published on Tuesday.
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Cost burden of chronic illness in Asia growing

(Reuters) - Chronic illnesses like heart disease, cancer and depression affect Asians as much as those in Western countries and governments must draft plans to cope with long-term costs, health experts said on Monday.
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UAW healthcare trust to sell Ford stock warrants

The United Auto Workers healthcare trust on Tuesday plans to auction Ford Motor Co stock warrants for at least $1.27 billion, capitalizing on the automaker's share price rise to fund its retiree plan.
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AT&T sees $1 billion healthcare related charge

AT&T Inc said on Friday it would record a $1 billion non-cash charge for the current quarter related to the new U.S. health care reform law, as lawmakers called on the company and three other large employers to testify about expected cost hikes.
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Healthcare changes head to Obama for signature

(Reuters) - U.S. House of Representatives Speaker Nancy Pelosi on Friday formally signed and sent to President Barack Obama the final installment of landmark healthcare overhaul legislation.
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Healthcare costs burden more Americans: study

(Reuters) - A growing number of Americans spend more than 10 percent of their income on out-of-pocket expenses for healthcare services and insurance, according to a study published on Thursday.
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Obama signs historic healthcare reform into law

(Reuters) - A jubilant President Barack Obama signed the most sweeping U.S. social policy legislation in decades into law on Tuesday, putting his name on a healthcare bill that will help shape his legacy and the Democrats' chances of holding on to power in Congress.
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Wall Street edges up after home sales data

Stocks were modestly higher on Tuesday after data showed existing home sales declined less than expected in February, while healthcare stocks gave back some gains from the previous session.
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Obama to revel in hard-fought healthcare victory

(Reuters) - President Barack Obama will revel on Tuesday in the passage of landmark healthcare legislation, a hard-fought win that will help shape his legacy and the Democrats' chances of holding power in the Congress.

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