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Government Programs Medicare


  • WASHINGTON, July 9- Andy Slavitt, the acting administrator of the Centers for Medicare and Medicaid Services, which oversees the Obamacare healthcare program, has been nominated as head of the agency, the White House said on Thursday. Slavitt, who joined CMS last year to oversee the once-troubled HealthCare.gov website, has been acting administrator since...

  • CHICAGO, July 9- When presidents call Americans together to talk about aging, major change is possible. The first White House Conference on Aging in 1961 played a midwife's role in the birth of Medicare; the 1971 conference led to creation of the automatic cost-of-living adjustment for Social Security, which has been in place since 1975.. While I'd love to be...

  • July 3- Health insurer Aetna Inc said it would buy smaller rival Humana Inc for about $37 billion in cash and stock, in the largest ever deal in the insurance industry. The combination will push Aetna close to Anthem Inc's No.2 insurer spot by membership, and would nearly triple Aetna's Medicare Advantage business. Antitrust authorities, who were aggressive in...

  • Long-term impact of ACA? More costs: Pro Friday, 26 Jun 2015 | 7:08 AM ET
    Long-term impact of ACA? More costs: Pro

    Dr. Scott Gottlieb, American Enterprise Institute, and Steve Rattner, Willett Advisors chairman, discuss the future of health care following the Supreme Court ruling on Obamacare. Also Rattner and Gottlieb discuss consolidation within the hospital space.

  • What health care ruling means for you: Dr. Toby Cosgrove

    Dr. Toby Cosgrove, Cleveland Clinic CEO, provides insight to the Supreme Court's ruling on Obamacare subsidies and its impact on patients, hospitals and health insurers.

  • Humana shares jump amid Aetna takeover report Thursday, 25 Jun 2015 | 2:09 PM ET
    Humana and Aetna signage.

    Shares of Humana jumped on Thursday after a report surfaced that the takeover bid by Aetna was moving forward.

  • Tackling the high costs of big health-care users Wednesday, 24 Jun 2015 | 9:45 AM ET
    Doctor and patient healthcare

    An estimated 5 percent of the population is responsible for about half—or $1.4 trillion—of all U.S. health spending.

  • CBO: Repeal of Obamacare would increase US deficit Friday, 19 Jun 2015 | 12:07 PM ET
    Supporters of the Affordable Care Act gather in front of the U.S Supreme Court during a rally in Washington last March.

    The CBO says a repeal of Obamacare would increase the US deficit by $353 billion over the next 10 years.

  • Medicare fraud bust charges 243 across nation Thursday, 18 Jun 2015 | 1:06 PM ET
    Attorney General Loretta Lynch.

    More than 240 people were charged with $712 million in false Medicare billing, the biggest health-care fraud takedown ever.

  • June 18- The U.S. Department of Justice said on Thursday that 243 people have been arrested across the country, charged with submitting fake billing for Medicare, a government healthcare program, that totaled $712 million. The charges are based on a variety of alleged fraud schemes, the government said, including submitting claims to Medicare and Medicaid, the...

  • CHICAGO, June 18- Americans are living longer, so why not lower the eligibility age for Medicare? That prescription might sound upside down: rising longevity often is used as an argument for delaying Medicare eligibility past age 65. However, one of the country's top experts on geriatric medicine actually thinks Medicare should start covering preventive...

  • A major inflection point for US health-care costs Monday, 8 Jun 2015 | 9:19 AM ET
    Medicine doctor blood pressure

    Two divergent U.S. core inflation readings could be related to the price of medical care. CNBC explores.

  • NEW YORK, June 3- Despite the promise of coverage through the U.S. Sign-ups at eHealth Inc to the short-term plans it offers through its website were up to 140,000 in 2014 from 60,000 in 2013, an increase of 134 percent, according to the company. At another short-term carrier, Agile Health Insurance, a subsidiary of Health Insurance Innovations Inc, new policies...

  • NEW YORK, June 1- Medicare, the government-run health insurance program for elderly and disabled Americans, paid physicians $90 billion in 2013, up 17 percent from $77 billion in 2012, U.S. healthcare officials reported on Monday. Physician payments accounted for less than one-fifth of Medicare's 2013 net outlays of $492 billion, which rose from $466 billion...

  • How to save $500M in Rx spending? Write an article Friday, 8 May 2015 | 1:10 PM ET
    U.S. Highway 83 in McAllen, Texas

    A damning 2009 New Yorker article was followed by "unprecedented" savings on Medicare costs in a Texas town.

  • WASHINGTON, May 7- Sixteen hospitals will pay $15.69 million to resolve allegations they were reimbursed from Medicare for services that were unnecessary, the U.S. Justice Department said on Thursday. As part of the settlement, Health Management Associates Inc and 14 of its formerly associated hospitals will pay $15 million, Community Health Systems and its...

  • As part of the settlement, Health Management Associates Inc and 14 of its formerly associated hospitals will pay $15 million, Community Health Systems and its subsidiary Wesley Medical Center will pay $210,000, and North Texas Medical Center will pay $480,000, the Justice Department said.

  • May 4- DaVita HealthCare Partners Inc, one of the largest U.S. kidney dialysis providers, said it agreed to pay $450 million to settle a whistleblower lawsuit accusing it of deliberately wasting medicines in order to receive higher Medicare payments. The lawsuit alleged that DaVita, whose largest shareholder is Warren Buffett's Berkshire Hathaway Inc, used...

  • April 29- U.S. health insurer Humana Inc said on Wednesday there was an unexpected pick-up in the rate of hospital admissions late in March and in April, sparking a sell-off in its own and other insurers' shares. Shares in Humana, which specializes in Medicare health insurance and drug plans for the elderly and disabled, fell more than 6 percent to $168.66 and...

  • April 29- Anthem Inc, the second-largest U.S. health insurer, reported a better-than-expected quarterly profit, helped by rise in memberships for government plans, particularly Medicaid. It also provides plans for Medicare, the government's insurance program for the elderly, and Medicaid, for lower-income families. Medicaid memberships rose 25 percent to...