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The Latest Breaking News from Medicare

Latitude hack now under state investigation as customers struggle to protect their accounts

Latitude Financial has revealed that a cyber attack that hit the company last week is now under investigation by the Australian Federal Police (AFP). The company said on 16 March that it had detected unusual activity on its systems. Today, it confirmed that the activity is a sophisticated and malicious…

IT Pro

Latitude Financial, skin cancer survey hack are some of the latest cyber attacks. What to do if you think you're at risk

Personal details of Australians are feared to have been accessed by hackers. Here's what to do if you think you're at risk.

ABC News

Latitude Financial warns customer data breach could widen and hack 'remains active'

The amount of customer data stolen from Australian company Latitude Financial may grow, with the non-bank lender confirming that drivers licences, passports and Medicare numbers of more than 300,000 people have already been hacked.

ABC News

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Skin cancer survey hack may have 'compromised' personal details, Medicare numbers of participants

Australia's biggest skin cancer study has been hit by an unpublicised data breach, with the personal details of more than 1,000 people feared to have been accessed by hackers.

ABC News

Seniors looking for unbiased answers to their big Medicare questions should be taking advantage of this government program

Looking for information on how to choose the best Medicare plan for yours needs? Your local SHIP is here to help.

Fortune

4 Millionaire-Maker Stocks You Won't Regret Buying

Investor sentiment has been significantly affected due to the recent bank failures and concerns over the Fed’s forthcoming rate hike. With the end to the current market volatility not in sight, investors may consider buying fundamentally strong stocks, The Coca-Cola Company (KO), Oracle (ORCL), Humana (HUM), and Gartner (IT), to…

StockNews.com

Medicare fraudster behind bars with child for a year

A mother who stole more than $180,000 from Medicare to fund a lavish lifestyle with better clothes and a car has been jailed for at least 12 months.

The New Daily

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Anti-obesity drug demand expected to skyrocket, but will insurance cover the cost?

New weight loss drugs can cost more than $1,000 a month, but most health plans don’t cover them.

Chicago Sun-Times

Dow Jones Hits Session Highs; Tesla Faces New Lawsuit From Customers, Agrees To Open 7500 Charging Stations

The Dow Jones rose, although initial jobless claims suggest a Fed pivot is a ways off.

Investors Business Daily

Medicare Negotiation Undercuts Biotech Stocks Regeneron, Halozyme

Confusion over new Centers for Medicare and Medicaid Services negotiating plans sent REGN and HALO stocks tumbling Thursday.

Investors Business Daily

Why it's hard for the US to cut or even control Medicare spending

President Joe Biden’s 2024 proposed budget includes plans to shore up the finances of Medicare, the federal health insurance program that covers Americans who are 65 and up and some younger people with disabilities.

The Conversation

Editorial: Seniors beware: Biden policies threaten entitlements

Older Americans tend to vote, and they also tend to be wary of politicians who propose entitlement reform. That combination typically leads to inertia among elected officials whose objective is self-preservation.

Tribune News Service

Biden speaks in Las Vegas on prescription drug costs

LAS VEGAS — President Joe Biden on Wednesday urged lawmakers to work together to lower drug prescription costs for Americans.

Tribune News Service

Federal government to penalize AbbVie over the price of its blockbuster drug Humira

North Chicago-based drugmaker AbbVie must pay back Medicare for raising the price of its blockbuster drug Humira too quickly, the federal government said Wednesday.

Chicago Tribune

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ABC News

ACOSS suggests superannuation, wine and soft drink tax changes as part of budget submission

From introducing a new tax on wine and sugary drinks to going further on superannuation changes, the Australian Council of Social Service outlines how it thinks the government should collect more money in the May budget.

The Independent UK

When will Medicare cover medical marijuana?

Many older adults are using medical marijuana to treat a variety of conditions, but experts say that conflicting laws, unclear safety standards and complicated rulemaking processes mean it could be years before Medicare may cover the drug

The Independent UK

Biden drawing contrast to Republicans on lower drug costs

President Joe Biden will highlight the stark differences in how Democrats are tackling skyrocketing drug prices compared to their Republican counterparts as he gears up for an expected reelection announcement

Boston Herald

Joe Battenfeld: Bank failures fueling insecurity and angst among American voters

The collapse of Silicon Valley Bank and two other large banks is fueling economic insecurity and angst among an already rattled American public and is prompting a major damage control effort by President Joe Biden.

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AAP

Woman stole from employer because she 'worked too hard'

A Melbourne mum who stole $180,000 from Medicare while working as a medical receptionist did it because she felt she was working too hard, a judge believes.

WEKU

Why Medicare is suddenly under debate again

As the White House and Republicans in Congress gear up for negotiations over the U.S. debt ceiling, how to pay for senior health care could be a sticking point, even if cuts are "off the table."

Tribune News Service

Why does insulin cost so much? Big Pharma isn’t the only player driving prices

Eli Lilly & Co.’s announcement that it is slashing prices for its major insulin products could make life easier for some diabetes patients while easing pressure on Big Pharma.

Tribune News Service

New obesity drug would cost Medicare $27 billion, even with limited uptake

Covering Novo Nordisk A/S’s new obesity drug Wegovy could strain the budget of US government insurance program Medicare, according to a new analysis in the New England Journal of Medicine.

The Independent UK

Haley wants entitlement program changes for younger people

Republican presidential candidate Nikki Haley is proposing changes to entitlement programs for younger generations, opening the door to potential cuts to Social Security and Medicare if elected

The Independent UK

Trump sidesteps looming criminal probes as he goes after DeSantis in Iowa speech

The former president makes his case in Iowa as the 2024 campaign kicks off in earnest

ABC News

Inequity in mental health care is widening, with treatment 'out of reach' for many Australians

The cutting of Medicare-subsidised mental health sessions sparked fierce debate. But for many lower-income earners, it ignored a bigger, more important picture.

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