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The Latest Breaking News from Medicare

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.

Tribune News Service

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.

Al Jazeera

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.

The New Daily

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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.

Chicago Sun-Times

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.

Roll Call

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.

Tribune News Service

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.

WEKU

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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

The Independent UK

Big Insurance "bailed out by taxpayers"

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

Salon

It takes an average of 8 years for a rare disease patient to get diagnosed. Why is it so hard to get life-altering genetic testing in the U.S.?

An increasingly inexpensive genetic test stands in the way of a diagnosis for many rare disease patients, who are as common as one in 10 worldwide.

Fortune

Biden sketching dire picture of GOP desire to cut spending

President Joe Biden is aiming to use the leadup to the release of his proposed budget next week to sketch a dire picture of what could happen to U.S. health care if congressional Republicans have their way with federal spending

The Independent UK

Trump rages at Paul Ryan over 2024 snub

Ryan "couldn’t get elected dogcatcher in the Republican Party!" Trump declared

Salon

Veterans are being forced to pay for healthcare that should be free as GPs opt out

Some clinics not accepting the gold card that entitles war veterans to free healthcare as rebates fail to keep up with cost of delivering care

The Guardian - AU

Newcastle's first urgent care clinic opens: what you should know

The service aims to ease pressure on general practice and emergency rooms.

Newcastle Herald

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ABC News

Breast cancer diagnosis derails Chilean migrant's dream of permanent residency

After five years in Australia, Chilean migrant Lisbett Lillo thought she was on the path to permanent residency. But after receiving a breast cancer diagnosis she found out Australia doesn't accept migrants who will incur large medical bills.

ABC News

Women share difficulties and stigma around accessing abortion care with Senate inquiry

Feeling shamed and judged, travelling hundreds of kilometres and ending up significantly out of pocket — in their own words, these are some of the issues identified by women with access to abortion services in Australia.

The Independent UK

Pence urges Ukraine support as GOP hopefuls split on US aid

Former Vice President Mike Pence says the U.S. should step up support for Ukraine, marking the one-year anniversary of the Russian invasion with calls for faster military aid that put him out of step with some of his likely 2024 presidential rivals

Roll Call

The politics of Medicare funding - Roll Call

CQ Budget podcast unpacks the basis of GOP claims that the Biden administration wants to cut benefits in Medicare Advantage plans.

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Roll Call

At the Races: Train wreck — it’s not just a metaphor - Roll Call

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

Reason

Paul Krugman Says Social Security Is Sustainable. It's Really Not.

Krugman sees benefit cuts as "a choice" but believes that implementing a massive tax increase on American employers and workers would be "of course" no big deal.

Tribune News Service

A bitter battle over the ‘orphan drug’ program leaves patients’ pocketbooks at risk

A prescription drug that helps Lore Wilkinson walk and talk despite a rare muscle disease cost her so little for more than a decade that she didn’t even use her insurance to pay for it. But now, her Medicare insurance is shelling out about $40,000 for a one-month supply of…

Los Angeles Times

Michael Hiltzik: Right-wing culture warriors say wokeness is dead. They can't even define it

Across the intellectual heavens, the cry is heard: "Wokeness is dead."

Tribune News Service

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.

Fortune

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.

The Guardian - AU

Jim Chalmers signals cap on super balances to rein in tax concessions for wealthy

The treasurer suggested that the small percentage of people with pots over $3m should not receive tax benefits, but prime minister more cautious

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