Health
Millions at risk of losing Medicaid in the spring under provision tucked inside $1.7 trillion federal spending bill
Millions of people who enrolled in the Medicaid public health insurance program during the Covid pandemic could lose their coverage in the spring if their state determines they no longer meet the program’s eligibility requirements. Enrollment in Medicaid surged 30% to more than 83 million people during the pandemic, after Congress basically barred states from […]
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FDA Commissioner urges parents not to stockpile children’s flu meds amid shortages
The surge in flu cases and Covid-19 infections this month, along with elevated levels of childhood respiratory syncytial virus, or RSV infections, has caused elevated demand for children’s over-the-counter cold and flu medications this year. The Commissioner of the Food and Drug Administration says his agency is working with producers to improve supply, but the […]
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Health-care stocks are looking good for 2023 and not just because the sector is a ‘safe haven’
Investors looking for cover this year would have done well if they sought a safe haven in large-cap pharmaceutical stocks, a trend that is likely to continue into 2023. The NYSE Arca Pharmaceutical Index has gained 3.8% year to date as of Tuesday’s close, compared with a 19.8% drop in the S & P 500 […]
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Walgreens, CVS limit sales of children’s medications amid ‘tripledemic’
A sign is placed near the section for children’s medicine, Monday, Dec.19, 2022 at a Walgreens, in New York, United States. Fatih Aktas | Anadolu Agency | Getty Images CVS and Walgreens are limiting how many children’s pain relief medications people can buy at once amid a winter “tripledemic” of respiratory viruses, the companies said Monday. […]
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Jim Cramer’s Investing Club meeting Monday: Industrials, buying tech, Eli Lilly
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. We like industrials Believing in Amazon Still bullish on LLY 1. We like industrials Wall Street was lower Monday, especially the Nasdaq , continuing last week’s losses. Morgan Stanley said […]
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Drug overdose deaths among teenagers surged during the pandemic driven by illicit fentanyl
Drug overdose deaths among adolescents surged during the Covid-19 pandemic, driven overwhelmingly by illicit fentanyl, according to a report from the Centers for Disease Control and Prevention. Monthly drug overdose deaths nearly tripled among adolescents ages 10 to 19 during the first two years of the pandemic. Deaths rose from 31 in July 2019 to […]
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White House’s Covid coordinator urges people to get vaccinated ahead of holidays
White House COVID-19 Response Coordinator Ashish Jha at the White House in Washington, October 25, 2022. Jonathan Ernst | Reuters As Covid and flu hospitalizations have climbed in the weeks since Thanksgiving, White House’s Covid-19 coordinator Dr. Ashish Jha said families will be safer at upcoming holiday gatherings if they get their updated vaccines. This year, […]
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We’re adding to an oil stock and see 3 other names as good buys in a down market
Markets are once again in selloff mode Friday. Source
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Senate sends Biden military bill that would lift Covid vaccine mandate for troops and authorize more Ukraine funding
Preventative Medicine Services NCOIC Sergeant First Class Demetrius Roberson administers a COVID-19 vaccine to a soldier on September 9, 2021 in Fort Knox, Kentucky. Jon Cherry | Getty Images The Senate passed a massive military policy bill Thursday that would direct the Defense Department to lift a Covid vaccination mandate for service members and authorize […]
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Most nursing home residents haven’t had omicron booster ahead of expected winter Covid wave
Less than 50% of nursing home residents, one of the country’s most vulnerable populations to severe illness from Covid-19, have received an omicron booster ahead of an expected wave of infection this winter. The Biden administration has made increasing booster uptake among nursing home residents a central part of its strategy to prevent a major […]
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