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The Latest Breaking News from Medicare Advantage

Insurers, Republicans square off with Biden on Medicare ‘cuts’

WASHINGTON — The insurance industry and Republicans are using the debt ceiling fight and President Joe Biden’s vows not to cut Medicare to fend off changes to private Medicare Advantage plans, which are popular among the public but have faced criticism about their costs to the government.

Tribune News Service

The 5 most important things to know about Medicare so you don't overpay

Medicare can be complicated to navigate. Author and expert Diane Omdahl has the answers to your hard questions.

Fortune

Insurers, Republicans square off with Biden on Medicare 'cuts' - Roll Call

Medicare Advantage, a Medicare alternative primarily run by private health insurers, becomes a battleground in the war over federal spending.

Roll Call

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read the most diverse news in one place.

It's Medicare Open Enrollment season. Here's what to consider if you want to change plans

Medicare recipients have the opportunity to change their plans between Jan. 1 and March 31.

Fortune

CVS buys Chicago-based Oak Street Health for $10.6B

Oak Street Health runs primary care centers mostly for lower-to-middle income people with Medicare Advantage plans.

Chicago Sun-Times

CVS acquires Oak Street primary care for $10.6 billion

CVS Health is plunging deeper into providing primary care with an approximately $10.6 billion deal to acquire Oak Street Health

The Independent UK

What’s new for Medicare in 2023?

A new year means changes to Medicare, including updated premiums and deductibles and sometimes big policy moves

The Independent UK

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They openly ripped off Medicare

Health plans will be allowed to pocket hundreds of millions of dollars in overcharges for audits before 2018

Salon

Medicare Advantage plans overcharged government hundreds of millions but get to hang onto the money

The federal Medicare agency will require next to nothing from insurers for excess payments they got from 2011 to 2017 and won’t impose big penalties until audits for 2018 and beyond are conducted, which could be years.

Chicago Sun-Times

Feds expect to collect $4.7B in insurance fraud penalties

The Biden administration is estimating that it could collect as much as $4.7 billion from insurance companies with newer and tougher penalties for submitting improper charges on the taxpayers’ tab for Medicare Advantage care

The Independent UK

Did your health plan rip off Medicare?

Previously secret government audits reveal millions of dollars in overpayments to Medicare Advantage health plans

Salon

Medicare coverage can be a bit of a mystery: Here are the big coverage gaps to watch out for

Navigating Medicare can be confusing, especially when you’re trying to understand what the insurance actually covers.

Fortune

Why do so many older adults choose Medicare Advantage?

In 2022, 48% of Medicare beneficiaries were enrolled in Medicare Advantage plans instead of original Medicare, and experts predict the number will be higher in 2023

The Independent UK

Medicare Starter Guide

Medicare is a federal health insurance program available to people 65 years of age or older, as well as to people with certain disabilities

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Tribune News Service

Providers say Medicare Advantage hinders new methadone benefit

In 2018, responding to a wave of overdose deaths, Congress passed legislation requiring Medicare to pay for services at opioid treatment programs for the first time.

Roll Call

Providers say Medicare Advantage hinders new methadone benefit

A new benefit aimed at helping treat opioid use disorder can be hard to access for those who use Medicare Advantage plans, advocates say.

StockNews.com

3 Stocks to Help You Get Through Today's Market Fear

Instead of a Santa Claus rally, the market continues to experience volatility at the end of the year with uncertainties surrounding the reopening of the Chinese economy and a looming recession due to seemingly unending interest rate hikes. Given this backdrop, loading up on fundamentally strong stocks Walmart (WMT), Pfizer…

Salon

Did Medicare Advantage plans overcharge?

Some Medicare Advantage plans failed to produce any records to justify their payments, government records show

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Tribune News Service

How Medicare Advantage plans dodged auditors and overcharged taxpayers by millions

In April 2016, government auditors asked a Blue Cross Medicare Advantage health plan in Minnesota to turn over medical records of patients treated by a podiatry practice whose owner had been indicted for fraud.

Fortune

A frozen capital market and an insurance premium shock: 10 health care predictions for 2023 from top investors

Distressed deals, inflation in insurance premiums, and restrictions on transgender treatments. Here's what the health care sector will look like in 2023, according to top investors.

Chicago Sun-Times

Medicare Advantage health plans dodged auditors, overcharged taxpayers millions

A review of 90 government audits reveals the plans have repeatedly tried to get around mandates to document medical conditions the government paid them to treat.

Salon

The Medicare Advantage plan scandal

Health insurers that issue Medicare Advantage plans have repeatedly tried to sidestep regulations, audits find

WEKU

How Medicare Advantage plans dodged auditors and overcharged taxpayers by millions

A KHN investigation found when some Medicare Advantage plans got a rare federal audit, they couldn't produce billing records for care they said they'd provided. Some blamed fire, flood — or doctors.

Chicago Sun-Times

Over-the-counter hearing aids are here: everything you need to know

First made available in October for adults with mild to moderate hearing loss, they’re cheaper and easier to get. Here’s a guide to who can use them and how to get them.

The Independent UK

FDA change ushers in cheaper, easier-to-get hearing aids

It's now a lot easier and cheaper for Americans to get hearing aids

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