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The 2022 Inflation Reduction Act, signed by President Joe Biden, provides measures to reduce prescription drug costs for Medicare beneficiaries, including allowing Medicare to negotiate prices and capping monthly insulin prescriptions at $35. Additionally, it sets an annual out-of-pocket limit for Medicare Part D enrollees at $2,000,…
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Colombian insurance firm Sura is withdrawing from the national health system, citing inadequate funding from the government for managing over 5 million patients. Critics of Colombia's left-wing government accuse it of trying to force private insurers out of the market to favor publicly owned companies. Former President Alvaro Uribe and…
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Palestinian President Mahmoud Abbas has appointed Mohammad Mustafa, a US-educated economist, as the next prime minister as part of the US's push to reform the Palestinian Authority for Gaza's postwar vision. Abbas tasked Mustafa with drafting a plan to reunite administration in the West Bank and Gaza, lead government reforms, and fight…