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Government Programs Medicare

  • Feb 14- Health insurers Aetna Inc and Humana Inc walked away from their $34 billion merger deal on Tuesday, after a U.S. judge ruled in January the combination would stifle competition in the private Medicare Advantage program for retirees. Aetna will pay Humana a $1 billion breakup fee, or $630 million after taxes, and terminated its plan to sell some Medicare...

  • Blue Cross- Blue Shield carrier Anthem Inc. is attempting to buy Cigna Corp. for $48 billion. The deal would have given Aetna the opportunity to significantly expand its presence in Medicare Advantage coverage, which involves privately run versions of the federal Medicare program for people who are over 65 or disabled. Regulators worried, in particular, about...

  • WASHINGTON, Feb 10- Tom Price was sworn in as U.S. secretary of health on Friday, putting in place a determined opponent of Obamacare to help President Donald Trump dismantle his predecessor's law and reshape the nation's healthcare system. The Senate voted 52-47 earlier on Friday to approve the conservative Georgia Republican, former U.S. lawmaker and...

  • The companies struck the deal 18 months ago, but the U.S. Justice Department sued to block the transaction this summer. Excluding charges, the company reported higher-than-expected fourth-quarter earnings on strength in its Medicare Advantage business for older and disabled people. Leerink Partners analyst Ana Gupte said Humana's comments about 2017...

  • White House says Trump wants Medicare negotiation on drugs

    CNBC's Meg Tirrell takes a closer look at drugs with the biggest exposure to Medicare spending, as President Trump leans towards Medicare negotiation. The "Fast Money" traders weigh in.

  • WASHINGTON, Feb 7- The U.S. House of Representatives' Republican leader said on Tuesday that legislation to replace former President Barack Obama's signature healthcare law would be completed this year, trying to dispel the idea that the party is retreating from its campaign promise to dismantle Obamacare quickly. Ryan was responding to questions about...

  • Feb 7- WellCare Health Plans Inc's fourth-quarter profit more than tripled, handily beating analysts estimates, driven by strong growth in enrolments in its Medicaid plans for low-income families. The amount WellCare spent on medical claims out of the premiums it earned, a key measure of costs known as medical benefits ratio, decreased in the Medicare...

  • Why you should stop paying the nanny with cash

    By paying child care workers in cash, families risk reprisal from the Internal Revenue Service.

  • WASHINGTON, Feb 2- While the era of "alternative facts" dawned in Washington last week, experts from across the ideological spectrum gathered in the capital for a review of real facts about our two most important retirement programs: Social Security and Medicare. Here are a few facts on Social Security and Medicare that caught my eye:. FACT: Social Security benefits...

  • WASHINGTON, Feb 2- While the era of "alternative facts" dawned in Washington last week, experts from across the ideological spectrum gathered in the capital for a review of real facts about our two most important retirement programs: Social Security and Medicare. Here are a few facts on Social Security and Medicare that caught my eye:. FACT: Social Security benefits...

  • WASHINGTON, Feb 2- While the era of "alternative facts" dawned in Washington last week, experts from across the ideological spectrum gathered in the capital for a review of real facts about our two most important retirement programs: Social Security and Medicare. Here are a few facts on Social Security and Medicare that caught my eye:. FACT: Social Security benefits...

  • Feb 1- A former senior executive of Tenet Healthcare Corp has been indicted on charges that he participated in a scheme to pay bribes for patient referrals, enabling the U.S. hospital chain to fraudulently bill state Medicaid programs for $400 million. John Holland, a former senior vice president, was charged in an indictment filed in federal court in Miami with...

  • NEW YORK, Feb 1- The U.S. government on Wednesday proposed an increase of 0.25 percent on average in payments to health insurers who offer Medicare Advantage insurance, which provides health benefits to more than 18 million elderly or disabled people. It is not clear if Republicans will make any broad changes to the Medicare Advantage program, or to Medicare.

  • NEW YORK, Feb 1- The U.S. government on Wednesday proposed an increase of 0.25 percent on average in payments to health insurers who offer Medicare Advantage insurance, which provides health benefits to more than 18 million elderly or disabled people. UnitedHealth Group Inc and Humana Inc are two of the largest providers of these plans, which cover more than...

  • NEW YORK, Feb 1- The U.S. government on Wednesday said it was proposing an increase of 0.25 percent on average in payments to health insurers who offer Medicare Advantage insurance, which provides health benefits to more than 18 million elderly or disabled people. The government will finalize the proposed rate in April. UnitedHealth Group Inc and Humana Inc are...

  • Scully: Plenty of ways to drive down drug prices without government negotiation

    Tom Scully, former head of The Center for Medicare and Medicaid Services, discusses the Trump administration's vow to get drug prices lower including the plan for the government to negotiate prices.

  • President Donald Trump meets with leaders of the pharmaceutical industry in the Oval Office at the White House in Washington, DC, on January 31, 2017.

    "We have to get the prices down," Trump tells drugmakers at the White House.

  • dialysis

    Health regulators warned that third-party financial help for insurance premiums to patients could drive up health costs.

  • Jan 24- President Donald Trump's nominee to run the U.S. Department of Health and Human Services told a congressional panel on Tuesday that he does not support the privatization of Medicare and defended his ethics record. Price, a Georgia orthopedic surgeon, previously supported privatization of Medicare. "I would just convey to the Medicare population of this...

  • Jan 24- President Donald Trump's nominee to run the U.S. Department of Health and Human Services told a U.S. congressional panel on Tuesday that he does not support the privatization of Medicare. Speaking before the Senate Committee on Finance, one of two committees that oversee the health department, Representative Tom Price, a Georgia orthopedic surgeon, also...