The number of new opioid prescriptions is falling while the number of new prescriptions for medication-assisted therapy to treat opioid addictions is slowly starting to rise, according to a new IQVIA paper.
Why it matters: We've barely scratched the surface when it comes to reversing the opioid epidemic, but both of these statistics are good news. They suggest that providers are cutting back on unnecessary opioid prescriptions, while more people addicted to opioids are on the path to recovery.
Health Care Service Corp., the parent company of Blue Cross Blue Shield insurers in five states, pulled in nearly $1.3 billion of profit in 2017 — which included large gains on its Affordable Care Act plans in the individual market. Crain's Chicago Business first reported the financials.
Why it matters: This builds on our previous reporting that many health insurance companies, like HCSC, fared quite well in 2017 despite the political wars in D.C.