A study by the Journal of the American Medical Association found that prices of labor, pharmaceuticals and devices, and administrative costs of care — activities relating to planning, regulating, and managing health systems and services — are among factors driving healthcare spending
Hannover Re has intensified efforts to fix the large block of U.S. life business
Centene Corp. made an initial, strategic investment in RxAdvance Corp., a full-service pharmacy benefit manager
The Hawaii legislature is mulling proposals to protect parts of the Affordable Care Act
Turning to M&A
Acrisure LLC closed the acquisition of 100% of Beach & Associates following the receipt of all necessary regulatory approvals.
Featured news
House blocks US right-to-try bill; Americans spend more on healthcare: The U.S. right-to-try bill, which would allow expanded use of experimental drugs, failed to gain enough support; and the U.S. spent 17.8% of its gross domestic product on healthcare in 2016, nearly twice the rate of 10 other high-income nations.
Financial news in other parts of the world
Asia-Pacific: ICBC NY branch faces regulatory action; Chinese wealth fund exits Blackstone
Europe: Pru to demerge UK, European ops; EU banks face new bad loan provision rules
Middle East & Africa: Bahrain exits EU tax haven blacklist; Angola issuing bonds to tackle bad debts
The day ahead
Early morning futures indicators pointed to a higher opening for the U.S. market.
In Asia, the Hang Seng fell 0.53% to 31,435.01 and the Nikkei 225 dropped 0.87% to 21,777.29.
In Europe, around midday, the FTSE 100 rose 0.26% to 7,157.38 and the Euronext 100 rose 0.24% to 1,026.40.
On t
The Atlanta Fed Business Inflation Expectations and EIA Petroleum Status Report are due out today.
