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The Latest Breaking News from Medicare

CBO director to brief House members ahead of budget release

WASHINGTON — Congressional Budget Office Director Phillip L. Swagel will brief House members Wednesday on the agency’s budget and economic outlook as lawmakers consider whether to adjust spending levels in conjunction with lifting the debt limit.

Tribune News Service

Biden's upcoming budget part of 2024 political messaging

President Joe Biden has decided to get out of the White House to unveil his proposed budget this week in Pennsylvania, a must-win state in 2024

The Independent UK

Aggressive Medicare Advantage marketing floods TV and mailboxes with misleading ads. The Biden administration is cracking down

“These third-party groups have gotten very aggressive and creative.”

Fortune

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CBO director to brief House members ahead of budget release - Roll Call

Congressional Budget Office Director Phillip L. Swagel will brief House members Wednesday on the agency’s budget and economic outlook.

Roll Call

Rural hospitals that were struggling financially even before the pandemic are running out of COVID aid

Financial pitfalls at the U.S.'s highest-elevation hospital in Colorado serve as a cautionary tale.

Fortune

Editorial: What insulin should cost: Eli Lilly comes through for Americans with diabetes

A hearty thank you to Eli Lilly, one of the planet’s top three producers of insulin, for slashing the price of its most widely prescribed form of insulin by 70% while capping related out-of-pocket costs at $35 a month. That means diabetics with private insurance will now pay costs on…

Tribune News Service

Commentary: Want to make drugs, including insulin, affordable? End patent abuse

Drugmaker Eli Lilly on Wednesday said it will drop prices on some versions of insulin, and cap monthly out-of-pocket costs at $35 per product for insured individuals not covered by Medicare’s prescription drug program, which also maintains a $35 cap. The welcome move comes as lawmakers in both major parties…

Tribune News Service

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Biden to unveil budget proposal and deficit cuts in Philadelphia on Thursday, White House says

PHILADELPHIA — President Joe Biden is heading to Philadelphia Thursday to unveil his latest budget proposal and plans to protect Medicare, according to the White House.

The Philadelphia Inquirer

Cessnock Urgent Care Clinic a step closer with calls for interest

"This will help to take the pressure off our local Hospitals at Cessnock, Kurri Kurri, Maitland, Singleton, and John Hunter."

Newcastle Herald

Trump’s war with DeSantis heats up with details of 2024 battle plan

Axios reports Trump’s intention to attack Florida governor for disloyalty as he prepares for likely face-off in presidential primary

The Guardian - US

Dementia care programs help, if caregivers can find them

There’s no cure, yet, for Alzheimer’s disease. But dozens of programs developed in the past 20 years can improve the lives of both people living with dementia and their caregivers.

Tribune News Service

My Health Record is meant to empower patients – but with little useful information stored, is it worth saving?

Australia’s My Health Record is a national, integrated electronic record, intended to overcome the problem of having personal health information “siloed” in different systems.

The Conversation

Decades of Subsidies Have Made the Essentials of Middle-Class Life Increasingly Difficult To Afford

The basics of middle-class life are too expensive. But more subsidies won't help.

Reason

Obscure law contains debt limit escape hatch for Social Security

WASHINGTON — It’s a time-worn argument for raising the debt limit: Without increased borrowing authority, Social Security checks would stop flowing.

Tribune News Service

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The Guardian - AU

GPs in community health centres are withering from neglect

Under Medicare, GP clinics that once could provide time and care for the most vulnerable now have to squeeze in as many patients as possible

Roll Call

Obscure law contains debt limit escape hatch for Social Security - Roll Call

It’s a time-worn argument for raising the debt limit: Without increased borrowing authority, Social Security checks would stop flowing.

Tribune News Service

Eli Lilly is capping consumer insulin costs at $35

Eli Lilly & Co. is capping out-of-pocket costs for insulin at $35 a month, following a public plea from President Joe Biden for lower prices of the diabetes treatment for all Americans.

Al Jazeera

US drug maker to slash some insulin prices, expand cost cap

President Joe Biden hails move by Eli Lilly as a ‘big deal’, calling on other manufacturers to also reduce prices.

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The New Daily

Alan Kohler: The superannuation tax increase is a dress rehearsal

Jim Chalmers has hit upon a clever way to seek an election mandate for superannuation tax increases but book the revenue straight away.

Chicago Sun-Times

Eli Lilly plans to slash prices of some older insulins, expand cost cap

Lawmakers and patient advocates have been pressuring drugmakers to take action on soaring drug prices.

Roll Call

Democrats see laws they passed last year as route back to majority

After losing a net of nine seats in November, House Democrats are holding a party conference with President Joe Biden as a leadoff speaker.

Tribune News Service

Eli Lilly is capping customers’ insulin costs at $35

Eli Lilly & Co. is capping out-of-pocket costs for insulin at $35 a month, following a public plea from President Joe Biden for lower prices of the diabetes treatment for all Americans.

WEKU

Eli Lilly cuts the price of insulin, capping drug at $35 per month out-of-pocket

The moves announced Wednesday promise critical relief to some people with diabetes who can face annual costs of more than $1,000 for insulin they need in order to live.

The Independent UK

Lilly plans to slash some insulin prices, expand cost cap

Eli Lilly will cut prices for some older insulins later this year and immediately expand a cap on costs insured patients pay when they fill prescriptions

Salon

Big Insurance "bailed out by taxpayers"

"The premiums and taxes paid by Americans enabled the Big Seven to make those profits," advocate says

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