The affluent town of Edina, Minn., has been slowly feeling the effects of layoffs and stretched budgets. Annie Baxter visits the town's biggest employer to see how it's coping with the economic stress.
Pfizer announced a deal this morning to buy Wyeth for more than $68 billion, which it will do with the help of bailed-out banks. What does this say about the lending health of these banks? Steve Henn reports.
Reports out this morning say mega pharmaceutical company Pfizer is in talks to buy competitor Wyeth in a potential $60 billion deal. Pfizer may be considering the move because it's running out of options. Ashley Milne-Tyte reports.
Some states have been considering whether to regulate fee-for-service physicians who practice what is sometimes referred to as "concierge" medicine. Tamara Keith explores why the option has garnered controversy.
President Obama wants to tackle Medicare in his first budget, a program he calls "unsustainable." The issue is a tough sell politically, but could be easier if rising health care costs are managed. Sarah Gardner reports.
The House of Representatives will try to hand President-elect Obama a bill expanding the expanding the State Children's Health Insurance Program. But John Dimsdale reports revenue sources may be a concern.
In a settlement with the state of New York, UnitedHealth Group has agreed to overhaul its database system to ensure that patients using out-of-network physicians are fully reimbursed. The settlement may have a major impact on other insurers as well. Sarah Gardner reports.