News

Aetna and Optum have finalized a nearly $8.4 million settlement in a class-action lawsuit that has been litigated for almost a decade.

The dental plan renewal market is probably "about six to 12 months away from seeing some increases that drive brokers and advisors to look for other partners to do business with," Amy Friedrich, president of Principal Financial's benefits business, predicted.

A class-action lawsuit was filed last week against CVS Caremark in the Southern District of New York over its decision to replace Eli Lilly’s popular GLP-1 weight-loss drug Zepbound with Wegovy from Novo Nordisk.

The plaintiffs alleged that the company and State Street Global Advisors violated fiduciary requirements under the Employee Retirement Income Security Act.

The project also includes regulations for an air ambulance services provision in the act, which is supposed to protect patients with health coverage from huge bills when they use an out-of-network service to cope with a medical emergency.

The long-awaited proposal, designed to incentivize Musk to lead Tesla for years to come, sets a series of ambitious benchmarks he must meet to earn the full payout, including expanding Tesla’s nascent robotaxi business and growing the company’s market value to at least $8.5 trillion from about $1.1 trillion today.