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The Latest Breaking News from Medicare

It’s "telehealth vs. no care"

Telehealth use among Medicare beneficiaries grew from less than 1% pre-pandemic to more than 32% in April 2020

Salon

I helped balance the federal budget in the 1990s – here's just how hard it will be for the GOP to achieve that same rare feat

Kevin McCarthy reportedly promised many things to Republican hardliners en route to clinching his job as speaker of the U.S. House of Representatives. One of them was a “balanced budget” in 10 years.

The Conversation

Humana Tops Q4 Views, Touts Medicare Advantage Gains; HUM Stock Flirts With Buy Signal

Humana earnings topped Q4 estimates. The top-rated managed care stock gave positive 2023 guidance. HUM stock flirted with a buy signal.

Investors Business Daily

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They openly ripped off Medicare

Health plans will be allowed to pocket hundreds of millions of dollars in overcharges for audits before 2018

Salon

Medicare: When to Sign Up, What to Sign Up for

If you’re turning 65 this year, you’ll likely need to join some 64 million other Americans and enroll in Medicare at some point. Generally, you're first eligible to sign up for Part A and Part B starting three months before you turn 65 and ending three months after the month…

The Street

Karl Smith: Republican tax proposals aren’t as bonkers as they sound

Among the many concessions Kevin McCarthy agreed to in order to become speaker of the House is one that would give the so-called Fair Tax Act a full hearing on Capitol Hill. To describe the bill as radical would be an understatement. Not only would it abolish the Internal Revenue…

Tribune News Service

Urgent care clinics due soon amid health reform calls

The government's new urgent care clinics are designed to ease pressure on hospital emergency departments but doctors have cast doubt on whether they will.

AAP

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White House to send its budget to Congress in early March

WASHINGTON — The Biden administration will send its budget for the next fiscal year up to Capitol Hill on March 9, according to a memo from top White House aides.

Tribune News Service

McCarthy to gather with fellow Republicans before Biden meeting on debt limit

WASHINGTON — Hours before House Speaker Kevin McCarthy meets with President Joe Biden to discuss the approaching U.S. debt ceiling crisis, he’ll preside over a closed-door session with fellow Republicans to discuss strategy.

Tribune News Service

Mum will be jailed for $180,000 Medicare fraud

A Melbourne mum with a conviction for defrauding a hospital will go to jail after admitting she defrauded Medicare of $180,000 in dodgy patient claims.

AAP

Prescription powers and Medicare rebate up for debate as premiers push for healthcare reform

State and territory leaders outline their wishlists before national cabinet meets on Friday

The Guardian - AU

How will life change once the COVID-19 emergency ends?

The declaration of a COVID-19 public health emergency three years ago changed the lives of millions of Americans by offering increased health care coverage, beefed-up food assistance and universal access to coronavirus vaccines and tests

The Independent UK

The U.S. COVID health emergency is set to end in May. From the end of free COVID tests to the return of copays, here's what it means for you

Access to free COVID vaccines will continue until the federal supply runs out. But for many, free COVID tests could soon be a thing of the past.

Fortune

Queensland medical bodies warn of escalating costs to visit GPs due to payroll tax clash

Queensland's peak medical bodies warn the cost of going to the doctor could skyrocket as general practice comes under more strain due to a clash over tax law.

ABC News

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Chicago Sun-Times

Medicare Advantage plans overcharged government hundreds of millions but get to hang onto the money

The federal Medicare agency will require next to nothing from insurers for excess payments they got from 2011 to 2017 and won’t impose big penalties until audits for 2018 and beyond are conducted, which could be years.

The Street

Stocks Edge Lower, Samsung, Medicare, Exxon and AMD In Focus - Five Things To Know

Stock futures lower as Fed decision looms, earnings in focus; Samsung confirms weakest quarterly profit in eight years, maintains capex plans; UnitedHealth, Humana slide as Medicare plans overpayment clawback; Exxon earnings on deck after Chevron miss and AMD earnings in focus as chip sector feels global demand slump.

The Guardian - AU

MyGov app facing overhaul to centralise online identification

Audit review of government tool housing Medicare and Centrelink services recommends significant changes

The Guardian - AU

Only three of Australia’s 201 public hospitals are providing care in recommended time, AMA says

Damning report is part of doctors’ push for 50-50 federal and state funding ahead of national cabinet meeting

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ABC News

Drivers licences, births and deaths and the census could feature in myGov expansion

The federal government flags significant changes to its myGov platform, recognising the service is now "critical national infrastructure" like roads, hospitals or the power grid.

AAP

Digital wallet for government services on the cards

An audit into the myGov app, which houses services like Medicare and Centrelink, has recommended making it a one-stop digital wallet for identification.

AAP

Medicare, hospital funding reform on cabinet agenda

The Australian Medical Association has called for extra health funding, saying almost no public hospitals are delivering care in the recommended time-frame.

The Independent UK

Feds expect to collect $4.7B in insurance fraud penalties

The Biden administration is estimating that it could collect as much as $4.7 billion from insurance companies with newer and tougher penalties for submitting improper charges on the taxpayers’ tab for Medicare Advantage care

WEKU

Wegovy works. But here's what happens if you can't afford to keep taking the drug

The new weight-loss drugs can be life-changing for people facing health conditions worsened by obesity, but price and spotty insurance coverage may keep them out of reach.

Tribune News Service

Biden, McCarthy to meet Wednesday for debt limit talks

WASHINGTON — President Joe Biden agreed to meet House Speaker Kevin McCarthy on Wednesday to discuss raising the debt ceiling and avoiding a U.S. default as Republicans seek a deal that includes government spending cuts.

Salon

Did your health plan rip off Medicare?

Previously secret government audits reveal millions of dollars in overpayments to Medicare Advantage health plans

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