WASHINGTON— A safeguard for Medicare beneficiaries has become a way for drugmakers to get paid billions of dollars for pricey medications at taxpayer expense, government numbers show. The cost of Medicare's "catastrophic" prescription coverage jumped by 85 percent in three years, from $27.7 billion in 2013 to $51.3 billion in 2015, according to the program's... » Read More
CNBC's John Harwood reports House Republicans are going to propose to extend the debt limit until April 15; and Max Richtman, National Committee to Preserve Medicare; and Bill George, Harvard Business School professor, debate whether eligibility for these programs should be raised to age 70.
Sen. Lamar Alexander, (R-TN), explains why he voted "yes" on the "fiscal cliff" bill, and why Congress needs to reduce entitlement programs.
CNBC's Bertha Coombs countdowns the the crippling cuts to the Medicare program set to take effect if no deal is reached on the "fiscal cliff."
A back brace can be found on the Internet for $99, but Medicare pays $900, points out Tom Schatz, Citizens Against Government Waste president.
Insight on Medicare and Medicaid fraud, with David Callahan, Demos Public Policy Center New York City, and Diana Furchtgott-Roth, Senior Fellow, Manhattan Institute.
CVS Caremark is looking at changes in U.S. healthcare as an opportunity to serve more customers, whether they are picking up prescriptions, getting them through the mail or stopping by an in-house MinuteClinic for a checkup.
Bill Frezza, Competitive Enterprise Institute fellow, explains how the rise in single family households will eventually impact entitlement programs such as Social Security and Medicare.
If a fiscal cliff deal does not happen, what happens to Medicare and the health care industry? New York Presbyterian Hospital CEO Steve Corwin offers insight.
If we do not get our economy in order, what could happen to America? Debt Commission co-chairs Alan Simpson and Erskine Bowles, offer insight. "Absolutely, the U.S. could go bankrupt," says Bowles.
Debt Commission co-chairs Alan Simpson and Erskine Bowles, discuss the impact going over the fiscal cliff could have in next year's economy.
Debt Commission co-chairs Alan Simpson and Erskine Bowles, discuss tax rates, spending cuts, and how likely it is that cuts in health care could occur.
Is it time to put spending cuts front and center in the debate? Rep. Barney Frank (D-MA), discusses the odds of getting a deal on the fiscal cliff. "The country is ready for substantial reductions in military spending," he says.
Dennis Van Roekel, President of the National Education Association, discusses the meeting he had with President Obama on the fiscal cliff.
Dallas Fed President Richard Fisher told Larry Kudlow if the worst happens and the nation goes over the fiscal cliff, he doesn't see the Fed providing a backstop.
They criticized his plan only last week, but now top Democrats are suggesting that Mitt Romney's plan to stem the fiscal cliff may be best for America.
President Obama met with labor union and progressive leaders at the White House today. Damon Silvers, AFL-CIO Special Counsel, discusses getting the labor union back in shape, and tax reform. Karen Finney, The Hill and James Freeman, Wall Street Journal, weigh in.
Mayan end times prophesies aside, it's Washington's Sisyphean effort to balance its books that might bring about Armageddon.
Raising taxes on the wealthy along with entitlement reform and spending cuts need to be part of any solution to the country’s fiscal problems, Jeff Gural, Newmark Knight Frank Chairman, told CNBC’s “Squawk on the Street” on Monday.
Anyone looking at their paycheck stub and seeing the laundry list of taxes taken out might be saying to themselves 'Why am I paying these and where does all that money go?'CNBC explains
A new study suggests that many workers are waiting to retire at least until they are eligible for Medicare.