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Medicare

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  • 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...

  • April 28- Aetna Inc, the third-largest U.S. health insurer, on Tuesday reported first-quarter profit that beat analyst expectations and said spending on medical claims in the first quarter remained low. Wall Street analysts said that the company's earnings were likely ahead of expectations because of better-than-expected profitability in its Medicare...

  • Passing a budget will allow Republicans the opportunity to use budget "reconciliation" procedures to dismantle "Obamacare" with only a simple majority vote in the Senate, rather than a near-impossible 60 vote margin that would require some Democratic support. As reported by Reuters last week, the compromise budget will exclude Representative Paul Ryan's...

  • WASHINGTON, April 24- Aiming to acquire more budget powers and take a swipe at Obamacare, Republicans will likely scrap a proposal that stirred controversy and helped launch Wisconsin congressman Paul Ryan on the national stage: privatizing the Medicare health program. Ryan's bold Medicare "premium support" plan would be sacrificed to ensure passage of...

  • Obama signs bill fixing Medicare doctors' pay Thursday, 16 Apr 2015 | 5:36 PM ET

    President Barack Obama signed a bill into law on Thursday that repairs the formula for reimbursing Medicare physicians after Congress, in rare bipartisan fashion, passed a fix earlier this week to prevent a 21 percent cut in doctors' pay. The measure replaces a 1990 s formula that linked Medicare doctor pay to economic growth, with a new formula more focused on...

  • WASHINGTON, April 14- The U.S. Senate should pass, without any amendments, legislation overwhelmingly approved by the House of Representatives to avert drastic cuts of payments to doctors treating Medicare patients, House of Representatives Speaker John Boehner warned on Tuesday. "Unless the Senate passes the House-passed' doc fix' bill, significant cuts to...

  • U.S. HOUSE SPEAKER BOEHNER WARNS SENATE AGAINST CHANGES TO HOUSE-PASSED MEDICARE "DOC FIX" BILL.

  • Top court rejects Obamacare 'death panel' challenge Monday, 30 Mar 2015 | 10:19 AM ET
    A demonstrator holds a sign in support Obamacare in front of the Supreme Court in Washington.

    The U.S. Supreme Court on Monday declined to hear a new challenge to the Obamacare law that took aim at the so-called death panel.

  • WASHINGTON, March 30- The U.S. Supreme Court on Monday declined to hear a new challenge to President Barack Obama's healthcare law that took aim at a bureaucratic board labeled by some Republicans as a "death panel" because it was designed to cut Medicare costs. The high court left intact a ruling by the San Francisco- based 9th U.S. Circuit Court of Appeals that threw...

  • *Measure spares doctors 21 percent pay cut if passes Senate vote. WASHINGTON/ NEW YORK, March 26- The U.S. House of Representatives on Thursday overwhelmingly approved a bill to permanently repair the formula for reimbursing Medicare physicians, marking a rare bipartisan achievement and sending the issue next to the Senate. The measure drafted and driven...

  • *Measure spares doctors 21 percent pay cut if passes Senate vote. WASHINGTON/ NEW YORK, March 26- The U.S. House of Representatives on Thursday overwhelmingly approved a bill to permanently repair the formula for reimbursing Medicare physicians, marking a rare bipartisan achievement and sending the issue next to the Senate. The measure drafted and driven...

  • U.S. HOUSE OF REPRESENTATIVES PASSES BIPARTISAN, PERMANENT FIX FOR MEDICARE DOCTOR PAYMENTS.