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The Latest Breaking News from Medicare

Biden's Budget Will Raise Taxes Without Addressing the Federal Government's Spending Problem

Biden is set to propose a new tax on unrealized investment gains and to quadruple a recently imposed tax on stock buybacks.

Reason

Biden's Medicare budget proposals may have some bite

Some experts argue that talking about stronger Medicare negotiations could hurt R&D.

Axios

Biden unveils his budget plan in a campaign-style speech. Here's what is in it

President Biden is using his budget to show how he could cut the deficit and still fund his pledges like universal preschool, paid leave and more childcare funding.

WEKU

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Debt limit clouds outlook as Biden budget set to hit Thursday - Roll Call

President Joe Biden’s delayed budget due Thursday will kick off what’s expected to be a lengthy battle over spending levels and priorities.

Roll Call

$35 for insulin? What to know about Eli Lilly’s price slash for the diabetic medicine

Eli Lilly plans to slash the cost of some of its most popular insulin drugs later this year for people with and without insurance, in a move that could make the lifesaving medication more affordable for some patients living with diabetes.

Miami Herald

Biden budget seeks big deficit cuts in challenge to GOP

President Joe Biden is ready to unveil his proposed federal budget, his opening offer in a high-stakes debate about federal finances

The Independent UK

NSW GPs, tax specialists want healthcare clinics excluded from payroll tax

A NSW tribunal ruling about payroll tax may see GP clinics subject to an additional tax burden, which doctors say could make their clinics unviable.

ABC News

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Why CVS Health CEO Karen Lynch wore a 'taking up space' T-shirt on her first day

As CVS starts offering primary care services, the CEO talks full-service health care.

Fortune

Morning Mail: Lidia Thorpe’s shock at anti-voice ads, Black Summer ozone link, UK ‘stop the boats’ furore

Independent senator says the no campaign has used her picture without consent; research says bushfires may have damaged ozone recovery

The Guardian - AU

Debt ceiling catapults new Biden budget into market spotlight

President Joe Biden’s budget proposal is an opening salvo in the looming impasse with Republicans over raising the debt ceiling and funding the U.S. government.

Tribune News Service

Hundreds of GPs warned over incorrect Medicare billing of chronic disease patients

Federal health department sends 596 providers compliance letters after finding they were regularly co-claiming separate subsidies

The Guardian - AU

COVID aid papered over Colorado hospital’s financial shortcomings

Less than two years after opening a state-of-the-art $26 million hospital in Leadville, Colorado, St. Vincent Health nearly ran out of money.

Tribune News Service

How major retailers are trying to change how America consumes health care

Amazon, Walmart, CVS, Dollar General and other big retailers are elbowing their way into primary care, pushing a customized consumer experience driven by digital health products.

Axios

2024 Republican presidential candidates: A list of who is or may be running

Republicans face a likely crowded field for the chance to challenge President Biden, who is expected to announce he's running for reelection. Here's who's in and who's thinking about a 2024 run.

WEKU

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Tribune News Service

For young people on Medicare, a hysterectomy sometimes is more affordable than birth control

Sam Chavarría said her doctor was clear about the birth defects her medication could cause if she became pregnant but agreed to keep her on it as long as she had an IUD.

The Conversation

My kids are behind with their vaccines. How do they catch up?

The vast majority of Australian children are up-to-date with their vaccines. But vaccination rates have dipped slightly over the past few years.

Al Jazeera

Biden proposes taxes on the rich to cover Medicare expenses

US President Joe Biden is expected to unveil his proposed budget on Thursday as he prepares for likely re-election bid.

Tribune News Service

Biden previews Medicare drug price, tax increase proposals

WASHINGTON — President Joe Biden on Tuesday said he’ll propose increasing taxes on some upper-income business owners and expanding prescription drug cost controls enacted in last year’s budget reconciliation package as a means of lowering federal deficits and extending Medicare’s solvency.

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Roll Call

Biden previews Medicare drug price, tax increase proposals - Roll Call

Plan would increase taxes on some upper-income business owners to reduce federal deficits, extend Medicare's solvency.

Tribune News Service

Biden proposes tax hike on income over $400,000 to fund Medicare

President Joe Biden’s budget will propose hiking payroll taxes on Americans making over $400,000 per year and allowing the government new power to negotiate drug prices as part of an effort the White House says will extend the solvency of a key Medicare program for another quarter century.

The Guardian - US

Chuck Schumer attacks ‘shameful’ Fox News over use of January 6 footage – as it happened

Senate majority leader accuses host Tucker Carlson of ‘manipulating’ images of Capitol attack provided by House speaker Kevin McCarthy

WEKU

Biden says his budget plan would extend Medicare to 2050 without adding to the deficit

President Biden is proposing to raise taxes on people who make more than $400,000 per year to make sure there's enough money for Medicare.

The Independent UK

Biden will seek Medicare changes in new budget

President Joe Biden has started to unveil parts of his budget proposal being released later this week

Axios

Medicaid has a target on its back

Some House GOP members told Axios that Medicaid changes could be on the table.

ABC News

Despite Anthony Albanese's promise, no Biloela-style intervention for asylum seekers in limbo

Kabir is one of thousands of asylum seekers living in Australia without a visa. He has not been detained, but without the right to work or access to Medicare, he is trapped nonetheless.

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