HEALTHCARE

Obama, Democrats ponder next healthcare moves

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After a seven-hour healthcare summit that did little to change Republican hearts and minds, President Barack Obama and congressional Democrats face a challenge on Friday in deciding their next moves to reform the costly U.S. system.
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Diabetes to exact huge costs on poor countries

Diabetes is moving from being a disease of developed countries to a disease in developing countries like India and China, and this could put pressure on healthcare systems through rising healthcare costs, said Philip Clarke, associate professor at University of Sydney's School of Public Health.
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Triton buys Ambea from 3i

British private equity firm 3i Group agreed to sell Ambea to rival buyout firm Triton for 850 million euros ($1.16 billion)
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Obama proposes $950 billion health bill

President Barack Obama made a last-ditch bid to revive his stalled healthcare overhaul on Monday with a plan to make insurance more affordable and to bolster government authority to regulate premium hikes.
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Stocks flat on Bernanke watch

Stocks finished flat on Monday as investors held back before congressional testimony by Fed Chairman Ben Bernanke, while scattered buying lifted shares of health insurers and banks.
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Wall Street flat on Fed jitters but banks rise

U.S. stocks were little changed on Monday as investors were cautious before the head of the Federal Reserve was due to discuss interest rate policy this week after the Fed's hike in the discount rate.
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Obama offers plan to revive healthcare push

President Barack Obama tried to rejuvenate his stalled healthcare overhaul on Monday with a revised plan to make insurance coverage more affordable and bolster federal authority to regulate premium hikes.
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Obama to spell out new healthcare plan

President Barack Obama is expected to publish his healthcare plan as early as Sunday or Monday, combining features of the two Democratic bills passed by the Senate and House of Representatives, congressional aides and healthcare advocates said on Friday.
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Q+A: How would a commission fix the U.S. budget crunch?

President Barack Obama on Thursday set up a bipartisan commission to tackle stubborn U.S. budget deficits, though many are skeptical Washington has the stomach right now for the tough remedies needed to address spiraling deficits and debt.
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White House insists healthcare summit no trap

The purpose of the Obama administration's upcoming summit on healthcare is to find solutions to issues like soaring insurance premiums, not score political points against the Republicans, the White House insisted on Tuesday.
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Democratic Senator Bayh will not seek re-election

Democratic Senator Evan Bayh of Indiana will not seek re-election this fall, a Democratic aide said on Monday, potentially adding to President Barack Obama's difficulty in pushing his initiatives through a balky Congress.
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Top drug lobbyist resigns, clouds health reform

Pharmaceutical Research and Manufacturers of America (PhRMA) President and CEO Billy Tauzin said late Thursday he was resigning effective June 30 after five years as head of one of the most powerful lobby groups in Washington.
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White House to post health bill before Feb 25 meeting

The Obama administration on Friday invited 12 Democratic members of Congress and nine Republicans to a February 25 conference on healthcare and said it would post its proposal for a legislative overhaul online before the event.
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U.S. sets grants for health technology, job training

Members of President Barack Obama's Cabinet announced nearly $1 billion in grants on Friday to increase the use of health information technology, pushing a key component of Obama's healthcare overhaul and job creation plans.
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Small businesses sick of healthcare debate

Amy Nichols, a small business owner, is tired of the healthcare debate and is relieved President Obama has turned his attention toward her biggest concern: access to credit.
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Low IQ among top heart health risks, study finds

Research by Britain's Medical Research Council (MRC) found that lower intelligence quotient scores were associated with higher rates of heart disease and death, and were more important indicators than any other risk factors except smoking.

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