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Medicare

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  • WASHINGTON, Jan 26- The Obama administration on Monday unveiled an ambitious plan to control health costs by moving the $2.9 trillion U.S. health systems away from costly fee-for-service medicine, beginning with the Medicare program for the elderly and disabled. About 20 percent of traditional Medicare payments currently go to providers with cost-saving...

  • GOVT UNVEILS PLAN TO TIE 50 PCT OF TRADITIONAL MEDICARE PAYMENTS TO ALTERNATIVE PAYMENT MODELS BY 2018.

  • Between Nov. 15, when enrollment opened, and Dec. 12, nearly 2.5 million people signed up in the 36 states where these plans are sold through the HealthCare.gov website, the U.S. Department of Health and Human Services said in an e-mailed statement that also appeared on its blog. Data from states that operate their own websites, such as California and New York, is not...

  • Politics trumped Medicare probe moves: Report Friday, 12 Dec 2014 | 1:40 PM ET
    Marilyn Tavenner

    The head of Medicare reversed two decisions to halt payments to health providers after being contacted by elected officials, The Wall Street Journal reported.

  • SYDNEY, Dec 9- Prime Minister Tony Abbott on Tuesday abandoned a plan to radically reshape Australia's universal healthcare system by charging patients a fee to see their doctor, a major back flip for his struggling conservative government. The A $7 "co-payment" fee, which had been included in an unpopular May budget, was heavily criticised by the opposition and...

  • SYDNEY, Dec 9- Prime Minister Tony Abbott on Tuesday abandoned a plan to radically reshape Australia's universal healthcare system by charging patients a fee to see their doctor, a major back flip for his struggling conservative government. The A $7 "co-payment" fee, which had been included in an unpopular May budget, was heavily criticised by the opposition and...

  • 'Kickback' flak: Sanofi's caseload grows bigger Friday, 5 Dec 2014 | 4:37 PM ET
    A Sanofi lab worker packages vaccines against the flu.

    Drug giant Sanofi is juggling legal and regulatory issues surrounding three cases involving alleged payments or inducements to medical providers.

  • NEW YORK, Dec 3- U.S. healthcare spending last year increased 3.6 percent over 2012, the smallest rate of growth since 1960, government officials announced on Wednesday. Per capita growth slowed even more, from 3.4 percent in 2012 to 2.9 percent last year, found the Centers for Medicare and Medicaid Services. That modest increase likely reflects pressure that...

  • Lawsuit claims 'kickback' scheme at Sanofi Wednesday, 3 Dec 2014 | 3:27 PM ET
    Ousted Sanofi CEO Christopher Viehbacher

    A lawsuit accuses drug maker Sanofi and top executives, including its ousted CEO, of a million-dollar kickback scheme to promote diabetes drug sales.

  • Sicker seniors: US elder health lags other nations Wednesday, 19 Nov 2014 | 4:03 PM ET
    elderly patient, senior citizen hospital, doctor senior

    Americans seniors are in worse health and under greater financial pressure from medical costs than counterparts in 10 other industrialized nations.

  • Medicare program's payment rate for hospital outpatient services will increase 2.3 percent in calendar year 2015, while the rate for ambulatory surgical services will rise 1.4 percent, the federal government announced on Friday. The Medicare health insurance program for the elderly and disabled will also begin to pay doctors a monthly fee to coordinate...

  • Oct 30- Cigna Corp. said on Thursday that financial losses from the new Obamacare health insurance eased in the third quarter, becoming the second insurer this week to say that business was improving. Cigna, Aetna Inc and Humana Inc have said since the beginning of the year that they were posting losses on the plans because their patients were older and sicker...

  • Medicare agency focus of insider trading probes Wednesday, 29 Oct 2014 | 11:00 AM ET
    Department of Health and Human Services building, Washington.

    Federal authorities are investigating whether officials at the agency that runs Medicare leaked information that landed with Wall Street traders.

  • You better shop around: Medicare's open enrollment Tuesday, 14 Oct 2014 | 2:14 PM ET
    Medicine doctor blood pressure

    Most people don't examine their current Medicare plan—or even consider options. But enrollees need to do that every year, experts say.

  • Oregon senator enrolled in low-income Medicaid Wednesday, 8 Oct 2014 | 6:10 PM ET
    Sen. Jeff Merkley, D-Ore., speaks during a news conference on Capitol Hill in Washington.

    Jeff Merkley, a U.S. senator from Oregon, was improperly enrolled into low-income Medicaid by Cover Oregon.

  • Navigating health care   Wednesday, 30 Jul 2014 | 8:41 AM ET
    Surgeons, Cleveland Clinic's Miller Family Heart and Vascular Institute - Cleveland, Ohio, US

    Toby Cosgrove, Cleveland Clinic CEO, discusses the impact of the Affordable Care Act on patients, including what they will pay and the strain on the nation's Medicare and Medicaid systems. And Aetna CEO Mark Bertolini, weighs in.

  • Medicare & Social Security outlook   Monday, 28 Jul 2014 | 2:54 PM ET
    Medicare & Social Security outlook

    CNBC's John Harwood reports the details from the Social Security & Medicare Trustee Report, which informs Medicare will have sufficient funds until 2030, and disability insurance within social security will be insolvent in late 2016.

  • Main Medicare fund to run out of money in 2030 Monday, 28 Jul 2014 | 1:33 PM ET

    Slower growth in healthcare spending is shoring up the funding outlook for the federal Medicare program that covers hospital bills for the elderly.

  • Social Security: 'Politics' third rail   Monday, 7 Jul 2014 | 8:39 AM ET
    Social Security: Touching the third rail of politics

    Former Sen. Bob Kerrey, (D-Neb.), shares his thoughts on raising the eligibility age for receiving full social security benefits. I'd probably raise it to 68 or 69-years old over the course of 30 thirty years, says Kerrey.

  • Kerrey: Entitlement problem out of control   Monday, 7 Jul 2014 | 8:04 AM ET
    Kerrey: Entitlement problem out of control

    Former Sen. Bob Kerrey, (D-Neb.), shares his thoughts on the runaway costs of government programs, including health care.