CVS Health on Wednesday its deal to acquire the health insurer Aetna has officially been completed. The deal, announced in December 2017, forms a new kind of healthcare company that includes the largest retail pharmacy in the US as well as one of the largest insurance companies. The combined company is already shaping to change the healthcare system as we know it. Almost a year after it was announced, CVS Health has officially on its deal to acquire the health insurer Aetna.

David Cordani, CEO of Cigna, told Business Insider in an interview last week that the central reason why these costs have skyrocketed is because the country focuses more on intervention after a person gets sick rather than illness prevention. 

"We spend the majority of our money and resources addressing people once they're sick. We need to spend some more of our resources keeping people healthy in the first case, and identifying people who are at risk of health events and lowering those health risks," he said.

California just became the first state in the country to require all new homes to be built with rooftop solar panels. The California Energy Commission hearing room was packed full on Wednesday as the commission voted unanimously in favor of the proposed rule.

Starting on January 1, 2020 any new home that's three stories tall or shorter, be it a single-family dwelling, apartment building, or condo, will need to include energy-harvesting solar panels on top.

California is no paragon of affordability, particularly when it comes to housing.

In five California metro areas — including San Francisco, Los Angeles, and San Diego — the salary needed to qualify for a mortgage to buy a median-priced home is over $100,000 a year.

How direct primary care works Dustin and Lauren Clark, who operate Black Bag Family Healthcare. Courtesy Lauren Clark For Brent Long and his family, paying for healthcare is now like paying a cellphone bill. Since they joined Black Bag Family Healthcare in Johnson City, Tennessee, about two years ago, the family has paid about $150 a month to belong to the practice.

The wildfires that ravaged Northern California wine country two months ago have generated $9 billion in insurance claims, far more than the single costliest fire in U.S. history, officials said Wednesday.

The figure is not likely to increase much more, California Insurance Commissioner Dave Jones said. It represents residential, commercial, automobile and other property claims filed with 260 insurers by Dec. 1.

Republican Rep. Steve Scalise of Louisiana, who on Thursday returned for his first full day of work in the House since being wounded in a shooting this summer, said the mass shooting in Las Vegas on Sunday had only "fortified" his position on gun control.

Scalise, however, remained adamant that legislation favoring gun control would not be beneficial and instead would infringe upon the rights of many Americans.

The hyperbolic stereotypes that surround millennials – that they are entitled, pampered, narcissistic and suspicious of anyone besides other millennials – fall apart once you listen to them and do your investment homework.

Then you realize that practically from day one of adulthood, a great many millennials have been shoved up against a financial wall.

Medicare and Medicaid may sound alike, but these government health insurance programs are dramatically different from one another.
Here’s a brief overview.

The video opens with a close-up shot of a great white shark swimming in a turquoise ocean. But when it zooms out, the camera reveals the bustling coast of a Southern California beach.

'You are paddleboarding next to approximately 15 great white sharks,' says a voice. 'The sharks are as close as the surf line.'

The TSA allows passengers to carry firearm while traveling through US airports, but strict rules govern how passengers are supposed to handle them.

Firearms must remain unloaded and kept 'in a locked hard-sided container as checked baggage only,' according to the Transportation Security Administration's website.

A common weight loss surgery is associated with long-term gastrointestinal problems and food intolerance, a recent study suggests.

Researchers examined data on 249 extremely obese patients who had what’s known as laparoscopic Roux-en-Y gastric bypass, which reduces the stomach to a small pouch about the size of an egg.

Opioid death rates just jumped again. The drug, many forms of which remain legal with a doctor's prescription, is killing more Americans than heroin and cocaine combined.

Global ad spend growth may have slowed slightly in 2015, but top advertising agency executives' compensation packages remained high.

This year's ranking of the richest people in advertising, according to their annual take-home, sees most of the same familiar faces from last year.

The Orange County International Auto Show kicked off on Thursday in Anaheim, California, and it's filled with everything from the latest sedans and trucks to gorgeous exotic supercars.

Shutterstock According to real estate site Trulia , buying a home is 23% cheaper than renting for millennials (defined as age 25 to 34) across the US. In the 2015 report, " Should Millennials Rent or Buy? " Trulia compared the costs of owning and renting for young homebuyers in the nation's 100 largest metropolitan areas. The real estate site looked at median home value and rent, and factored in ...

Xerox Corp will split into two companies and give activist investor Carl Icahn three seats on the board of one of the companies, the Wall Street Journal reported.

One of the companies will house Xerox's hardware operations and the other its services business, the Journal reported on Thursday, citing people familiar with the matter.

Tax deductions can be a big deal. And there's no reason for you to feel guilty for taking advantage of them: They were put in place by legislators to encourage behaviors that are largely considered pro-social -- like donating to a charity or raising a family. It's a shame more families don't realize they could easily qualify for larger tax breaks. Consider a household with a husband, wife, and ...

Flickr / Parker Knight Most financial advisers and articles on financial planning for retirement start with the topic of the right number for you to save for your next chapter in life. Often they cite having six to eight times your current salary, and they recommend you only take out 3-4% of current liquid savings each year on which to live. They ask you to estimate your current expenditures and ...

Do you have an HSA? It wouldn't be surprising if you did. HSA consultancy Devenir found that as of summer 2015 , there were 14.5 million such accounts in the US, holding over $28 billion in assets. The research predicts the account will only get more popular as time goes on. Here's why. A health savings account is exactly what it sounds like. Health savings accounts were first offered in 2004 as ...