Medicare

Joe Biden Could Owe As Much As $500,000 In Back Taxes For Improperly Using “s Corporations” To...

For all the noise about Trump’s taxes, it looks like “middle class” Joe Biden, AKA, “The Big Guy,” is the one who improperly avoided paying taxes before being installed in January. According to a new report,...
Related topics: Joe Biden, Taxes

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New Study Finds Domestic Reference Pricing Could Lower Medicare Spending On New Drugs By 30%

Basing new drug launch prices on historical domestic data could limit manufacturers' power to set extremely high launch prices and could reduce Medicare spending on new drugs by up to 30%, according to a new white paper released today by West Health...
Related topics: Medical Research

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Nurses' Union 'dismayed' Over Halted Medicare Drug Price Cuts

National Nurses United voiced disappointment that House members blocked drug price negotiations that could have lowered costs for Medicare patients, favoring pharmaceutical profits over patients. Medscape Medical News
Related topics: Nursing

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Medicare Expansion Clashes With Health Care For The Poor As Budget Bill Shrinks

Under pressure to cut the bill’s cost, Democrats disagree over whether to offer more benefits to older Americans or to cover more of the working poor.

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It's True: Biosimilars Save Money For Medicare

(MedPage Today) -- Biosimilars were touted as an important answer to the problem of soaring drug costs, but whether they've had a genuine, measurable impact in the U.S. hasn't been obvious. Now, two researchers analyzing Medicare Part B spending...
Related topics: Medical Research

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American College Of Rheumatology Responds To 2022 Medicare Physician Fee Schedule Proposed Rule

In comments submitted to the Centers for Medicare and Medicaid Services (CMS), the American College of Rheumatology (ACR) shared its perspective on the CY 2022 Medicare Physician Fee Schedule and Quality Payment Program proposed rule.
Related topics: Medicaid

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Bernie Sanders Says Senate Democrats Weighing $1,000 Voucher For Seniors To Purchase New Medicare...

Sen. Bernie Sanders (I-VT) arrives at the Capitol on October 20, 2020. Stefani Reynolds/Getty Images Sanders said Senate Democrats are weighing $1,000 vouchers for seniors to buy new Medicare benefits. "I think what we're looking at is...
Related topics: Senate

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Doc Groups Seek To Reinstate Ban On Step Therapy In Medicare Advantage

(MedPage Today) -- WASHINGTON -- Are Medicare Advantage (MA) plans allowed to require patients to go through "step therapy" to get a medication or treatment they need? Yes -- for now -- but physician groups are trying to change that. "On...

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Mayo Clinic Community Accountable Care Organization Delivers High-quality Care, Medicare Savings

The Mayo Clinic Community Accountable Care Organization (ACO) LLC earned a quality score of 97.81% while generating $32.3 million in cost savings for the Medicare program in 2020.
Related topics: Mayo Clinic

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Turning 65 Means A Lot For Americans' Wallets, Health Spending Study Finds

Lowering the age when older adults can enroll in Medicare might save them a lot of money, even if the age drops only a year or two from the current age of 65, a new study suggests. Such a change could especially affect the small percentage of...
Related topics: Medical Research

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Rogue Democratic Senator Says He Will Not Vote For Biden's $3.5 Trillion Budget Plan

Democratic lawmakers pushing the president's $3.5 trillion budget blueprint, which includes investment in climate initiatives, an expansion of Medicare and an extension of child tax credits, among other goodies, need every vote they can get in the...
Related topics: Joe Biden, Taxes, Senate

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A Fourth Stimulus Check For Seniors Only? One Group Is Pushing For It

Trevor Filseth Stimulus, United States The intent is to help offset the cost of Medicare and other expenses. The Senior Citizens League (SCL), a nonpartisan senior advocacy group, is asking Congress to issue a fourth round of stimulus...

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Dc’s Insatiable Urge To Splurge

Last month, trustees for Social Security and Medicare let forth the grim news. Medicare Part A will be insolvent by 2026, and Social Security will follow in 2034. In years past, Washington would have considered the report a call to arms for fiscal...
Related topics: Social Security

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Biden Signals Effort To Cut Drug Prices

“The Biden administration on Thursday endorsed an aggressive proposal to limit prices for prescription drugs, calling for the government to negotiate with drug makers on prices and applying those prices not just to Medicare but to all drug...
Related topics: Joe Biden

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Live Coverage: Ways And Means Begins Day 2 On $3.5t Package

The House Ways and Means Committee on Friday is holding the second day of its markup of key portions of Democrats' $3.5 trillion spending bill.Much of the markup on Friday is expected to focus on health care, including a proposal to expand...

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Senate Democrats Could Send Seniors $1,000 Cash Vouchers To Buy Expanded Medicare Benefits Next Year

Senate Majority Leader Chuck Schumer and Budget Committee Chairman Bernie Sanders hold a meeting with Budget Committee Democrats at the Capitol on June 16, 2021. Samuel Corum/Getty Images Senate Democrats are weighing sending millions of seniors...
Related topics: Senate

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Q&a: Rep. Delbene Talks Fixes To Acos, Affordable Care Act

(MedPage Today) -- Although accountable care organizations (ACOs) appear to be saving money for Medicare, they haven't caught on as fast as proponents would like. As part of our occasional series of interviews with members of Congress, MedPage...

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Astro Submits Comments To Cms: Stop The Draconian Cuts That Will Harm Cancer Patient Care

The American Society for Radiation Oncology (ASTRO) submitted two comment letters to the Centers for Medicare and Medicaid Services (CMS) today urging the agency to reconsider policy changes that will result in $300 million in Medicare cuts for...
Related topics: American Cancer Society, Cancer, Oncology, Medicaid

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White House Plan Backs Medicare Drug Price Negotiation

The Biden administration on Thursday unveiled a detailed blueprint for lowering prescription drug prices that includes aggressive proposals that are backed by congressional Democrats.The blueprint includes few new proposals, and instead emphasizes...
Related topics: White House, Joe Biden

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Phrma Warns Of Dire Consequences If Medicare Allowed To Negotiate Drug Prices

(MedPage Today) -- WASHINGTON -- Pharmaceutical industry representatives said Wednesday that proposals now being considered on Capitol Hill to lower patients' prescription drug costs likely will have damaging effects on new drug development and...

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