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The Latest Breaking News from Medicare

Biden names 10 drugs for first negotiations to cut Medicare prices

Government claims prices could fall for 9m seniors but pharma companies claim cost-reduction program is unconstitutional

The Guardian - US

See which drugs Biden is targeting first for Medicare price-lowering talks

A pharmaceuticals lobbying group is criticizing the list of drugs President Joe Biden says he’s targeting for price negotiations to cut Medicare costs

The Independent UK

Biden targets diabetes drug Jardiance, blood thinner Eliquis, and 8 others for controversial Medicare price talks. But any relief is still years away

The move is expected to cut costs in a few years for some patients but faces litigation from the drugmakers and heavy criticism from Republican lawmakers.

Fortune

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Biden targets Jardiance, Eliquis and 8 other prescription drugs for Medicare price talks

President Joe Biden says for many Americans the cost of one drug can be “the difference between life and death” as his administration announces the first drugs that’ll be targeted for price negotiations in an effort to cut Medicare costs.

Chicago Sun-Times

US names 10 prescription drugs subject to price negotiations

Move is expected to cut costs for some patients but faces lawsuits from drugmakers and heavy criticism from Republicans.

Al Jazeera

HHS lists first 10 drugs subject to Medicare price negotiation - Roll Call

The program is a major priority for Joe Biden, who ran for president in part on the promise to allow Medicare to negotiate drug prices.

Roll Call

Here are the first 10 drugs that Medicare will target for price cuts

The government will negotiate new prices for the commonly prescribed drugs, but the cuts won't take effect until 2026. In the meantime, drugmakers are fighting the negotiations with lawsuits.

WEKU

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Does Medicare pay for nursing home care?

One of the biggest expenses Medicare beneficiaries are likely to face will be long-term care.

Fortune

Transcranial magnetic stimulation can treat depression. Developing research suggests it could also help autism, ADHD and OCD

Since the start of the COVID pandemic, there has been more attention given to problems of mental ill-health including depression than ever before. A new therapeutic option, especially for depression, transcranial magnetic stimulation, is slowly helping to address some of these considerable unmet needs in our community.

The Conversation

Does Medicare cover stair lifts? What older adults need to know to age in place

A stair lift can cost thousands of dollars and is not covered by traditional Medicare.

Fortune

Scientists reveal how living alone can put people with cognitive decline at risk

One in every four senior Americans with dementia or mild cognitive impairment lives alone, making them vulnerable to risky driving, wandering outside the home, mixing up medications, and skipping appointments. Read further on Dynamite News:

Dynamite News

3 Medical Stocks Dominating the Industry

Thanks to the non-cyclical nature and the increasing demand for healthcare services, the healthcare industry should continue to brave most market challenges. Hence, it could be an opportune time to explore dominating medical stocks: Elevance Health (ELV), Centene Corp. (CNC), and Molina Healthcare (MOH), which might garner substantial returns for…

StockNews.com

Does Medicare Part D still have a donut hole? What you need to know

The donut hole is closed, but that doesn't mean there's not a coverage gap.

Fortune

Are Medicare premiums tax deductible? Yes—but only in certain circumstances

An expert helps cut through the confusion.

Fortune

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Fortune

How to choose a Medicare Part D prescription drug plan

Taking the time to figure out which plan is right is vitally important for the 53 million Medicare beneficiaries with prescription drug coverage.

Kiplinger

Hospitals Say Increased Medicare Reimbursement Is Not Enough: Kiplinger Economic Forecasts

Medicare will bump up hospital reimbursements by 3.1% in 2024, but the industry says it's not enough as it comes off its worst financial year of the pandemic.

Roll Call

Mucarsel-Powell enters race to challenge Scott in Florida - Roll Call

Former one-term Rep. Debbie Mucarsel-Powell is running to be the Democratic challenger to Republican Sen. Rick Scott in Florida.

Newcastle Herald

'Far from ideal': travel to Western Sydney to see bulk-billing GP

Healthcare access increasingly determined by 'fees you can afford to pay'.

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news in one place.

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The Times of India

People who live alone are at danger of cognitive decline: Study

Washington DC [US], August 20 (ANI): One in every four older Americans with dementia or mild cognitive impairment lives alone, placing them at risk of dangerous driving, wandering outside the home, mixing up medications, and missing medical appointments.

Salon

Big Pharma’s playbook for expensive meds

Here are just a few of the many examples of drug pricing practices that have driven consumers to demand change

Kiplinger

Benefits of Doing Roth IRA Conversions Early in Retirement

Retirees could cut their lifetime tax burden as well as minimize taxes’ impact on the long-term wealth of their heirs.

Dynamite News

People who live alone at risk of cognitive decline: Study

One in every four older Americans with dementia or mild cognitive impairment lives alone, putting them at risk of risky driving, wandering outside the home, mixing up medications, and failing to attend medical appointments. Read further on Dynamite News:

Kiplinger

Kroger Adds to Its Medicare Advantage Plan Offerings

Savings on groceries and prescription drugs possible under Kroger and Select Health’s co-branded Medicare Advantage plans.

Roll Call

At the Races: Inflation confrontation - Roll Call

The CQ Roll Call newsroom tracks campaigns nationwide, sharing the best stories, with some extras, in the At the Races newsletter.

WEKU

Schumer says Inflation Reduction Act provides contrast with Republicans in 2024

The Senate majority leader concedes it will take time for law's full impact to be felt, but says its effect is "cumulative" and Democratic candidates would be persistent in touting the law.

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