• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

3

Current price of oil as of June 23, 2026

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting

3

Current price of oil as of June 23, 2026
NewslettersThe Capsule

President Biden’s health care sprint begins

By
Sy Mukherjee
Sy Mukherjee
Down Arrow Button Icon
By
Sy Mukherjee
Sy Mukherjee
Down Arrow Button Icon
January 28, 2021, 3:40 PM ET
Add Fortune on Google for similar content.

Good afternoon, readers.

Today marks the beginning of a health care blitz by the nascent Biden administration.

On Thursday, President Joe Biden began long-expected moves to undo several health care policies and administrative directives enacted by the Trump administration. While these steps are cloaked in the fog of the COVID pandemic, they also show a lens into Biden’s thinking on health policy at large and the direction he wants to take it.

On the COVID front, the administration is set to reopen the Affordable Care Act’s individual insurance marketplaces, which provide subsidized coverage for people who don’t have insurance through an employer or other public program like Medicare.

With millions of Americans losing their jobs over the course of the pandemic, this would give people another three months to enroll during a special enrollment period. Typically, you can only sign up for insurance during a set period of months at the end of the year, a policy meant to prevent someone from only buying a plan when they’re sick.

But there’s another order Biden is issuing Thursday which could have a more long-term policy effect: Instructing the Department of Health and Human Services (HHS) to reexamine a Trump-era policy which allows states to impose work requirements on people who want to sign up for Medicaid, the health program for some of the poorest Americans. Such requirements have been previously struck down in the courts and will eventually wind up before the Supreme Court. Other changes include loosening restrictions on federal funding for clinics which provide abortions.

Many of these orders have to trickle down the rungs of the administrative state and likely make their way through the legal process.

But the American Medical Association (AMA), the nation’s largest physician trade group, praised the initial moves. “Opening the ACA exchanges provides a crucial lifeline at a time when people are losing insurance because of job layoffs as a result of the pandemic,” said the organization in a statement. “We also applaud the Administration’s move to eliminate barriers to Medicaid enrollment, which will repair holes in the health care safety net.”

More widespread changes will require Congressional action given that administrative policies don’t carry the same staying power as a law, as proven by Biden’s undoing of Trump-era regulations.

Read on for the day’s news, and see you next week.

Sy Mukherjee
sy.mukherjee@fortune.com
@the_sy_guy

DIGITAL HEALTH

Roche wants to use quantum computing to discover drugs. Swiss drug giant Roche is teaming up with a U.K.-based tech firm to use quantum computing in order to fuel drug discovery, my colleague Jeremy Kahn reports. The computing company, Cambridge Quantum Computing, designs algorithms which can be run on a quantum computer which can essentially mimic the types of kinds of chemical reactions which occur at some of the smallest levels. This could potentially allow Roche to simulate the effect a specific may have on a disease such as, say, Alzheimer's. A.I. has already been a part of multiple drug giants' drug discovery strategies for a while now. Now, things are going quantum. (Fortune)

INDICATIONS

Germany balks at using AstraZeneca vaccine for the elderly. Citing concerns over data, Germany is considering whether or not to administer U.K.-based AstraZeneca's COVID vaccine to people over the age of 65. There has been some debate abouut just how effective this particular vaccine is among that older cohort, though AstraZeneca vehemently denies any issue. "The latest analyses of clinical trial data for the AstraZeneca/Oxford COVID-19 vaccine support efficacy in the over 65 years age group," said the company in a statement, also pointing out the European Medicines Agency (EMA), essentially Europe's equivalent of the FDA, will make a decision on the issue by the end of the week. "We await a regulatory decision on the vaccine by the EMA in the coming days."(Fortune)

Sanofi to help produce Pfizer COVID-19 vaccine. As demand for COVID vaccines across the globe ramps up, rival firms are clasping their corporate hands. Pfizer and French drug giant Sanofi have struck a partnership wherein the latter aims to help produce 100 million doses of the Pfizer/BioNTech vaccine this year. One striking element of this collaboration is that Sanofi itself is working on a COVID vaccine with its British partner GlaxoSmithKline. But that has yet to be authorized, leading the firm, a vaccine specialist, to use its production capabilities in Europe in the meantime to help meet the global demand. (CNN)

THE BIG PICTURE

How Intermountain conducted a record number of organ transplants during the pandemic. As readers know, elective surgeries and procedures have been hit hard by the pandemic. But Intermountain Healthcare, a Utah-based nonprofit health system, managed to set a record for organ transplants in 2020, including for critical procedures such as liver transplants. How did the system pull it off? A combination of a spike in organ donors and a transplant surveillance system meant to minimize the risk of coronavirus transmission for people receiving such sensitive procedures. "To continue these life-saving procedures during the COVID-19 pandemic, the Intermountain Transplant Program, which is based at Intermountain Medical Center in Murray, implemented key safety protocols and turned to telemedicine and tele-video visits whenever possible to continue evaluating and treating potential transplant patients," said the company in an emailed statement.

REQUIRED READING

Apple CEO defends privacy push, by Aaron Pressman

Yes, GameStop is a Fortune 500 company, by Lee Clifford

Biden moves to rapidly adopt climate policies, by Bloomberg

About the Author
By Sy Mukherjee
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Newsletters

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Newsletters

How Home Depot is rebuilding retailing with AI
NewslettersCIO Intelligence
How Home Depot is rebuilding retailing with AI
By John KellJune 24, 2026
3 hours ago
As America turns 250, women’s financial independence remains a work in progress
NewslettersMPW Daily
As America turns 250, women’s financial independence remains a work in progress
By Emma HinchliffeJune 24, 2026
4 hours ago
As mega-funds grab 72% of all capital raised, the gap between VC’s haves and have-nots keeps widening
NewslettersTerm Sheet
As mega-funds grab 72% of all capital raised, the gap between VC’s haves and have-nots keeps widening
By Allie GarfinkleJune 24, 2026
10 hours ago
Business is moving past the tech bro era and learning to value ‘real people, real places’
NewslettersCEO Daily
Business is moving past the tech bro era and learning to value ‘real people, real places’
By Diane BradyJune 24, 2026
10 hours ago
Tencent COO and interactive entertainment group president Ren Yuxin on July 9, 2020 in Shanghai, China. (Photo: Wu Jun/VCG/Getty Images)
NewslettersFortune Tech
Tencent winds down its Japanese game studio investments
By Andrew NuscaJune 24, 2026
10 hours ago
Google DeepMind CEO Demis Hassabis (left) stands on a spiral staircase next to Google DeepMind researcher John Jumper.
NewslettersEye on AI
Defections from Google DeepMind prompt questions about Alphabet’s efforts to stay at the forefront of AI
By Jeremy KahnJune 23, 2026
1 day ago

Most Popular

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
1 day ago
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
Economy
The Pentagon said Iran War costs $29 billion, but the real cost is closer to $200 billion—and counting
By Jacqueline MunisJune 24, 2026
13 hours ago
Current price of oil as of June 23, 2026
Personal Finance
Current price of oil as of June 23, 2026
By Joseph HostetlerJune 23, 2026
1 day ago
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Banking
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
By Jim EdwardsJune 23, 2026
1 day ago
Current price of gold as of June 23, 2026
Personal Finance
Current price of gold as of June 23, 2026
By Danny BakstJune 23, 2026
1 day ago
Texas and Charlotte used to build huge McMansions—now they're copying the California design tricks they once mocked
Real Estate
Texas and Charlotte used to build huge McMansions—now they're copying the California design tricks they once mocked
By Sydney LakeJune 22, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.