Good morning ... Sometimes, home DNA kits help catch suspected serial killers. Other times, they can't tell a dog from a human and inform the dog that it would be a good basketball player.
Illustration: Sarah Grillo/Axios
Health care companies are rushing to buy or invest in areas that focus on the elderly population, as baby boomers are reaching an age where they require more health care services, Bob Herman reports this morning.
The big picture: More of the nation's health care spending is going toward government programs, especially Medicare and Medicaid, so the industry is naturally running to where the dollars will be. But that doesn't guarantee seniors will get better care.
Driving the news: Companies are investing in seniors in a few ways, many of which involve home health, assisted living, nursing homes, hospices and drugs.
Go deeper: Bob has more at Axios.com.
Seema Verma. Photo: Alex Wong/Getty Images
“Our programs have to have a dual purpose — they have to address the immediate needs at hand but they also have to be a bridge” out of poverty, Seema Verma, Centers for Medicare & Medicaid Services administrator, told reporters yesterday.
Why it matters: Under Verma’s leadership, CMS has been approving states’ requests to add work requirements to their Medicaid program.
Where it stands: Twelve states have submitted requests to add work requirements to their Medicaid programs. Verma said she’s working with states to help them write more thorough requests that CMS can approve more quickly, without much back-and-forth.
Intrigue: This press availability was initially planned so that Verma could reject Kansas' request to impose lifetime limits on Medicaid coverage, but that announcement was scrapped at the last minute due to internal disagreements, The Hill reports.
“Well, the individual mandate is one of those things that actually is driving up the costs for the American people in terms of coverage.”— Tom Price, on ABC’s “This Week,” July 30, 2017
“And there are many, and I’m one of them, who believes that that actually will harm the pool in the exchange market, because you’ll likely have individuals who are younger and healthier not participating in that market, and consequently, that drives up the cost for other folks within that market.”— Tom Price on individual mandate repeal at the World Health Care Congress yesterday, per Washington Times
Wall Street has been buzzing about health care earnings. Bob gathered some highlights from this very busy week thus far.
Don’t forget to follow our spreadsheet for other earnings.
Loneliness is as bad for our long-term health as smoking, and we're pretty lonely, according to a new survey from Cigna.
By the numbers: In Cigna's survey of 20,000 American adults ...
The impact: Among people who said they never have in-person interactions, 50% are in fair or poor overall health, compared with just 12% of those who have daily in-person interactions.
What we're watching today: HHS secretary Alex Azar speaks at the World Health Care Congress at 7:35 am.
Get in touch: I'd love to hear from you. Simply reply to this email or find me at firstname.lastname@example.org.