It was a rough day for the already-roiled U.S. health insurance market: One giant merger was abandoned, another is threatened by infighting, and a major insurer announced it will stop selling coverage on public exchanges in 11 states. Both merger deals had already been rejected by federal regulators and judges, but the companies were considering appeals to those decisions.
Category: Medicare
Pick for Medicare post faces questions
President Donald Trump’s pick to oversee Medicare and Medicaid advised Vice President Mike Pence on health care issues while he was Indiana’s governor, a post she maintained amid a web of business arrangements – including one that ethics experts say conflicted with her public duties. A review by The Associated Press found Seema Verma and her small Indianapolis-based firm made millions through consulting agreements with at least nine states while also working under contract for Hewlett Packard.
2 big insurance breakups on Valentine’s Day
It was a rough day for the already-roiled U.S. health insurance market: One giant merger was abandoned, another is threatened by infighting, and a major insurer announced it will stop selling coverage on public exchanges in 11 states. Both merger deals had already been rejected by federal regulators and judges, but the companies were considering appeals to those decisions.
Fitch Removes Humana’s Ratings from Rating Watch Positive; Affirms Ratings
… its reliance on MA membership to generate revenues and EBITDA. Absent a transformational transaction with another health insurer, Fitch believes that such growth would require several years to emerge; –A reduction in targeted and run-rate reported …
Aetna, Humana call off $34 billion deal
Aetna and Humana called off a $34 billion proposal to combine the two major health insurers after a federal judge, citing antitrust concerns, shot down the deal. The announcement Tuesday comes several days after another federal judge rejected a tie-up between two other massive insurers.
Texas Judge Upends Effort To Limit Charity Funding For Kidney Care
… in finance at the University of North Texas at Dallas, turned to a charity for financial assistance to cover his health insurance costs. Such “third-party payments” by nonprofit groups, health care providers and others are controversial. The federal …
Governments urged to help recruit rural doctors
… clinics to either increase out-of-pocket costs or set aside less time per patient. Late last year, then federal Health Minister Sussan Ley was urged by an industry working group to consider increasing the Medicare payments for rural doctors. “The …
Bernie Sanders: Trump’s ‘racist’ immigration moves distract from health reform
Sen. Bernard Sanders accused President Trump on Sunday of using his “extreme vetting” order and raids on illegal immigrants to distract from his decision to stack the Cabinet with bankers and billionaires and potentially overhaul popular health programs. Mr. Sanders , Vermont independent and hero of the progressive left, said U.S. vetting systems are “very, very strong,” so Mr. Trump should not be trying to temporarily halt the American refugee program or migrants from seven predominantly Muslim countries.
The doctora s not admitting he did anything wrong. Hea s just paying $750,000
… debridements. For its part, the government claimed Tartell commonly billed Medicare and the Federal Employment Health Benefits Program for claims arising from laryngeal video stroboscopies that weren’t needed or that he didn’t do. As stated in the …
The doctora s not admitting he did anything wrong. Hea s just paying $750,000
… debridements. For its part, the government claimed Tartell commonly billed Medicare and the Federal Employment Health Benefits Program for claims arising from laryngeal video stroboscopies that weren’t needed or that he didn’t do. As stated in the …
N.J.’s newest congressman to host Obamacare forum Monday
… Gottheimer said he would support improving the law, but that repealing it without a replacement in place could worsen health care premium costs and decrease coverage, among other complications.
N.J.’s newest congressman to host Obamacare forum Monday
… Gottheimer said he would support improving the law, but that repealing it without a replacement in place could worsen health care premium costs and decrease coverage, among other complications.
AARP lays down marker on Medicare
Throughout his presidential campaign, Donald Trump repeatedly vowed to protect Medicare because so many older Americans depend on the federal program to help cover their health-care costs. One of the most influential senior lobbying groups wants to remind Trump of his promise.
Health insurers say they need insurance protection from big claims
In Minnesota’s individual market, health insurers can lose big money if they wind up with a disproportionate share of sick patients who rack up massive bills. Of the roughly 336,000 Minnesotans who were covered by individual plans at some point during 2015, slightly less than 2a …percent – or 5,300 people – generated roughly 40 percent of all medical bills, according to the state’s trade group for insurers.
Sanders, Schumer call on senators to lead nationwide health care rallies
… said in a joint statement Saturday. “The American people increasingly understand that throwing 20 million people off health insurance, privatizing Medicare, raising prescription drug costs for seniors and doing away with life-and-death patient …
Schumer, Sanders call for rallies against Obamacare repeal
… and Sanders said in the letter. “The American people increasingly understand that throwing 20 million people off health insurance, privatizing Medicare, raising prescription drug costs for seniors and doing away with life-and-death patient …
Tom Price as HHS Secretary: A Disaster for U.S. Health Care
The Senate’s vote to confirm Rep. Tom Price, R-Ga., as secretary of health and human services, while widely expected, should set off national alarm bells. Price’s congressional track record, combined with his extensive health-policy paper trail, have shown him to be unabashedly pro-big-business and contemptuous of human needs – particularly when it comes to women’s and poor people’s needs.
What Donald Trump’s presidency means for your retirement
… worried about their future and the possibility that changes in Social Security, insufficient savings, and escalating health care costs could tarnish their golden years. Ultimately, the key to withstanding any White House administration is by staying …
The False Debate about the Future of the Democratic Party: Time to End Either/Or Politics
When a political party loses a big election , and finds itself out of power at every level of government, a debate needs to be had about the future of that party. The Democratic party is having such a debate, but when the frame of the debate is as twisted up as it currently is, we aren’t going to make much headway in terms of finding the best answers.
Public loses with Ryan’s plans
… for those with other sources of earnings, i.e. IRA income. No increases in revenue, only cuts in benefits. Ryan and Health and Human Services Secretary Tom Price intend to do away with traditional Medicare and replace it with a voucher program. …
3 Ways Seniors Can Save on Prescriptions This Year
If you signed up for a new Medicare plan during Open Enrollment, it’s important to understand how your prescription drug costs may be affected. Even if you did nothing to alter your coverage, some features of your plan may have changed for 2017.
Senate confirms polarizing pick for health secretary
A polarized Senate voted early Friday morning to confirm Tom Price, the conservative Georgia congressman who has been one of Congress’s most vehement opponents of the Affordable Care Act, as secretary of the Department of Health and Human Services. The 52-47 vote made Price the latest in a series of controversial Cabinet nominees whom the Senate’s Republican majority has been strong enough to muscle through on party-line votes.
Doctor wrongly diagnosed patients with cancer
Dr. Gary Marder in Port St. Lucie, Florida has agreed to pay up to $18 million to reimburse the government for Medicare payments on patients who were not ill. Prosecutors allege that Dr. Marder falsely diagnosed patients with skin cancer and put them through medically unnecessary radiation treatments, pocketing millions from the insurance companies.
Our View: Government should be able to negotiate drug prices
… Thursday he is reintroducing a bill that would allow Medicare to negotiate lower prices. The Prescription Drug and Health Improvement Act could save the federal government up to $24 billion. The Veterans Administration and Medicaid already negotiate …
Sanders to Trump: Tell GOP you’ll veto entitlement cuts
… hours before the Senate is expected to take a final vote on Rep. Tom Price’s nomination to lead the Department of Health and Human Services, which will give him wide sway over the future of the programs. Sanders, reading a series of statements from …
Florida Doctor Wrongly Diagnosed Patients with Cancer
Dr. Gary Marder in Port St. Lucie has agreed to pay up to $18 million to reimburse the government for Medicare payments on patients who were not ill. Prosecutors allege that Dr. Marder falsely diagnosed patients with skin cancer and put them through medically unnecessary radiation treatments, pocketing millions from the insurance companies.
Florida Doctor Wrongly Diagnosed Patients with Cancer
Dr. Gary Marder in Port St. Lucie has agreed to pay up to $18 million to reimburse the government for Medicare payments on patients who were not ill. Prosecutors allege that Dr. Marder falsely diagnosed patients with skin cancer and put them through medically unnecessary radiation treatments, pocketing millions from the insurance companies.
Local woman asks Republicans to keep ACA
The Affordable Care Act [ACA] has helped to standardize health insurance plans for all Americans. All plans provide 10 essential health benefits such as preventative care services, prescription drug coverage, capped out-of-pocket expenses, no lifetime limits and coverage for individuals with pre-existing conditions.
Price nears Senate confirmation as Trump health secretary
Republicans are ready to overpower Democrats and push another of President Donald Trump’s Cabinet nominees through the Senate, the man who will help lead the GOP drive to erase and replace the health care law.
Sequence Health to Show Healthcare Providers How to Improve Outcomes…
Sequence Health will host an educational seminar on improving outcomes and increasing the number of surgeries performed by optimizing the patient journey through the healthcare continuum at the 2017 Healthcare Information and Management Systems Society conference, attended by 40,000 health IT professionals, clinicians, and healthcare executives. Entitled Increase Surgical Procedures and Patient Outcomes, the information packed session is scheduled for February 22, 12:30pm – 12:50pm inside Booth 7281 at the Orange County Convention Center in Orlando, Florida.
Sanders-Cruz debate is a ratings hit, but their views aren’t winning the Hill
Sen. Bernie Sanders , left, and Sen. Ted Cruz CNN scored a surprise hit last night with a broadcast from a parallel universe – a debate about “the future of Obamacare,” starring presidential primary season runners-up Sens. Bernie Sanders and Ted Cruz . According to AdWeek, the nearly two-hour special attracted 2.46 million viewers, and 932,000 from the coveted demographic of viewers ages 25 to 54. Those were the kind of numbers enjoyed by Fox News, which typically laps CNN for viewers – and they came not for a tabloid special but for a debate about health insurance.
Somerset ambulance fee increased
The selectmen last Wednesday approved of an increase in the ambulance fee from Medicare plus 150 percent to rought “We’re still well below the maximum allowable cost and we’re still well below the average of the top 50 that our billing company, Comstar, does the billing for,” Somerset Fire Chief Scott Jepson said. Selectman Holly McNamara said the town has not raised its ambulance fee since February of 2015.
Trump backs negotiating drug prices under Medicare -White House
FILE PHOTO: U.S. President-elect Donald Trump speaks at his election night rally in Manhattan, New York, U.S., November 9, 2016. President Donald Trump supports the government negotiating directly with drug companies on prices for drugs covered by the Medicare insurance program, the White House said on Tuesday.
Haven’t Gotten Your W-2? Take These Steps
You’re ready to file your taxes – except for one thing: You’re still awaiting an IRS Form W-2 from an employer. Each January, companies issue W-2s to inform workers, and Uncle Sam, of the amount of money the worker made during the previous year and how much in income, Social Security and Medicare taxes was withheld.
The Five Most Affordable Retirement Havens of 2017?InternationalLiving.com
The majority of recent studies on retirement show that most Americans are not adequately prepared for it: They haven’t saved enough, they’ll likely outlive their nest egg, and so they are instructed to work longer, spend less, and lower their expectations for their retirement lifestyle. With the future of Social Security and Medicare uncertain under the new administration in Washington, Baby Boomers have reason to be worried about what their ?golden years” might look like.
Most Changes Affecting Seniors Require Public Debate
… rules so that care and services can be delivered. At this time, according to a Harvard T. H. Chan School of Public Health study only 28% of Trump supporters want to change Medicare. That number drops to 15% in the overall population. Medicare Part D …
Facts About Social Security, Medicare in the Age of Trump May Surprise You
While the era of “alternative facts” dawned in Washington, experts from across the ideological spectrum gathered in the capital for a review of real facts about our two most important retirement programs: Social Security and Medicare. The annual policy research conference of the National Academy of Social Insurance focused on the group’s new report to the Donald Trump administration and Congress on the future of all our social insurance programs – those that cover retirement, but also those that protect the disabled, jobless, impoverished poverty and frail.
Wrong prescription: Government charges hospital high rate to repay Medicare funds
In case representatives of one federal agency haven’t noticed, health care facilities are dealing with quite a bit lately. One of their biggest concerns is what changes members of Congress and the Trump administration may make to the Affordable Care Act.
Scam attempts on seniors
Beware of any official looking mailer that is purporting to be from Medicare or Social Security..IT DOESN’T! it’s a prepaid pink postcard to SD Reply Center. PO Box 2528, Rockwall TX 75087-9891. If you receive one of these, throw it away! It’s an attempt ton steal your identity!
10,000 U.S. seniors die within week of er discharge every year: Study
Each year, about 10,000 generally healthy U.S. Medicare patients die within seven days of discharge from a hospital emergency department, a new study contends. “We know that hospitals vary a lot in how often they admit patients to the hospital from the ED [emergency department], but we don’t know whether this matters for patient outcomes,” said lead researcher Dr. Ziad Obermeyer.