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Government Programs Medicare

  • The biggest savings would come from cuts to the Medicaid healthcare program for the poor, which are embedded in a Republican healthcare bill passed by the House of Representatives. Trump wants lawmakers to cut at least $610 billion from Medicaid and more than $192 billion from food stamps over a decade. The White House said its proposed tax cuts would help fuel...

  • Although it is not expected to survive on Capitol Hill, the proposal puts numbers on Trump's vision of the role of government: a budget with radical cuts to government assistance to lower-income Americans. The biggest savings would come from cuts to the Medicaid healthcare program for the poor made as part of a Republican healthcare bill passed by the House of...

  • The Pentagon would get a spending hike, and there would be a $1.6 billion down payment to begin building a wall along the border with Mexico, which was a central promise of Trump's presidential campaign. The biggest savings would come from cuts to the Medicaid healthcare program for the poor made as part of a Republican healthcare bill passed by the House of...

  • The proposal in its current form is unlikely to be approved by lawmakers as they craft their own tax and spending plans but the document sets out Trump's budget priorities and lays down a marker with Congress. The biggest savings would come from cuts to the Medicaid healthcare program for the poor made as part of a Republican healthcare bill passed by the House...

  • WASHINGTON, May 23- The White House on Tuesday will ask Republicans who control the U.S. Congress- and federal purse strings- to slash spending on healthcare and food assistance programs for the poor as they push ahead on plans to cut taxes and trim the deficit. More than $800 billion would be cut from the Medicaid healthcare program for the poor and more than $192...

  • A sign painted on top of a mural says 'We accept food stamps,' in Harvey, Ill. About 45 percent of food stamp benefits went to children under 18 in 2013.

    Trump promised not to touch Social Security and Medicare, but most everything just got proven fair game.

  • Trump's new budget proposal

    CNBC's Ylan Mui reports the latest how the Trump Administration’s budget proposal is expected to be released Tuesday and what to expect.

  • CHICAGO, May 18- Delaying your Social Security benefit as long as possible is a great way to boost retirement income, but the strategy comes with one built-in downside. Most seniors enroll in Medicare at 65, but those who are not yet receiving Social Security run the risk of much larger annual increases in their Part B premiums. So that leaves a question: how...

  • PORTLAND, Maine— Medicaid recipients in Maine told state regulators Wednesday they shouldn't be forced to work to continue getting their health care benefits as the Republican governor has proposed. The health care bill recently approved by U.S. House Republicans would let states require certain Medicaid enrollees to work— an unprecedented change to the...

  • WASHINGTON— Another year of big premium increases and dwindling choice is looking like a distinct possibility for many consumers who buy their own health insurance— but why, and who's to blame? President Donald Trump has seized on early market rumbles as validation of his claim that "Obamacare" is a disaster, collapsing of its own weight. Democrats, meanwhile,...

  • May 16- The U.S. Justice Department for the second time in a month sued UnitedHealth Group Inc on Tuesday, accusing the nation's largest health insurer of obtaining over $1 billion from Medicare to which it was not entitled. The complaint, filed in federal court in Los Angeles, came after the Justice Department brought a separate but similar case against...

  • A patient is monitored in an examination room inside the Clinical Decision Unit at Kaiser Permanente's Capitol Hill Medical Center in Washington, D.C.

    Low-income Medicare enrollees and those with high health needs spend a larger share of their income on health costs.

  • Charlie Munger: There's a lot to be said for health care for all

    Warren Buffett, Berkshire Hathaway chairman and CEO; Charlie Munger, Berkshire Hathaway vice chairman; and Bill Gates, Microsoft founder and co-chair of the Bill and Melinda Gates Foundation, provide perspective on fixing the health-care system.

  • Munger: We should have single-payer medicine

    Warren Buffett, Berkshire Hathaway chairman and CEO; Charlie Munger, Berkshire Hathaway vice chairman; and Bill Gates, Microsoft founder and co-chair of the Bill and Melinda Gates Foundation, provide perspective on health-care reform. There is a lot of fraud in the system, says Munger.

  • May 3- U.S. health insurer Humana Inc reported higher-than-expected quarterly profit on Wednesday due to strength in Medicare Advantage, a program in which it manages government health benefits for the elderly and people with disabilities. Medicare Advantage plans account for about a third of the more than 55 million people covered by Medicare and is the...

  • A million bucks just isn't what it used to be

    $1 million nest egg could leave you short in retirement according to financial advisors from around the country and here's why.

  • *Q1 adj profit $2.75/ shr vs est $2.50/ shr. May 3- U.S. health insurer Humana Inc reported a higher-than-expected quarterly profit on Wednesday, due to strength in its Medicare Advantage business, which sells plans to the elderly and to people with disabilities. The fast-growing and profitable Medicare Advantage plans account for about a third of Medicare...

  • May 3- U.S. health insurer WellCare Health Plans Inc reported a better-than-expected first-quarter profit, driven by higher enrolments in its Medicaid plans for low-income families, and the company also raised its full-year profit forecast. WellCare said its Medicaid memberships increased 10.3 percent to about 2.6 million as of March 31, mainly due to the...

  • The complaint, filed in federal court in Los Angeles on Monday, came after the Justice Department earlier this year intervened in two separate whistleblower lawsuits against the country's largest health insurer. "This action sends a warning that our office will continue to scrutinize and hold accountable Medicare Advantage insurers to safeguard the...

  • *Aetna raises 2017 adjusted forecast to $8.80- $9.00/ share. Like other U.S.-based health insurers including Anthem Inc and Molina Healthcare Corp, Aetna faces deadlines to file 2018 plans but is uncertain about components of premium rates such as the continuation of government subsidies and the mandate for Americans to have insurance.