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The Latest Breaking News from Medicare

Money's tight for young people. Adding a Medicare-style levy to everyone's tax bill is the wrong way to increase aged-care funding

The funding of Australia’s aged care is fast reaching a critical point. As our recent report shows, the costs of providing high-quality services will likely escalate to A$40 billion by 2026 as the first baby boomers reach their eighties.

The Conversation

Will Weight-Loss Drugs Spike Medicare Costs?: Kiplinger Economic Forecasts

Lawmakers are trying to get weight-loss drugs like Wegovy covered by Medicare. Long-term savings are possible, but it could cost the program $27 billion.

Kiplinger

Ozempic and Wegovy maker courts prominent Black leaders to get Medicare's favor

Drugmaker Novo Nordisk focuses on Black lawmakers and opinion leaders to spread the message that obesity is a chronic disease — worth treating at a cost of $1,000 or more a month.

WEKU

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ACT govt 'undercutting' efforts to make GP visits cheaper, doctors say

Canberrans could end up paying $15 more to see their GP.

The Canberra Times

Tempur Sealy Resumes Operations After Cyber Attack

The mattress giant says a forensic investigation is ongoing.

Kiplinger

The High Costs of Senior Caregiving

Out-of-pocket costs for caregivers average about $7,000 per year. Here's how to get some help.

Kiplinger

Does Medicare provide a grocery allowance? What seniors need to know to buy the food they need

Assistance is available through some Medicare Advantage plans and other federally funded programs.

Fortune

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Data Breach Exposes Personal Information of 612K Medicare Recipients

CMS is notifying beneficiaries and offering free credit monitoring services.

Kiplinger

Does Medicare cover the shingles vaccine? What to know about the cost

The shingles vaccine is free for most Medicare beneficiaries.

Fortune

Federal Government’s Massive Fiscal Shortfall Revealed In Treasury Report

U.S. Treasury's Shocking Report: $124.1 Trillion in Debts and Unfunded Obligations

Zenger

Does Medicare cover acupuncture?

Acupuncture is a popular non-invasive treatment option for a variety of health issues.

Fortune

What's a fair price for a prescription drug? Medicare's about to weigh in

Medicare soon will start something it hasn't done in its 58-year history: Negotiate on drug prices. On Sept. 1, Medicare will target the first 10 drugs for price negotiations.

WEKU

They billed Medicare late for his anesthesia. He went to collections for a $3,000 tab

Medicare was supposed to cover the entire cost of his procedure. But the anesthesia provider failed to file its claims in a timely manner and billed the patient instead.

WEKU

The $500 million ATO fraud highlights flaws in the myGov ID system. Here's how to keep your data safe

The Australian Tax Office (ATO) paid out more than half a billion dollars to cyber criminals between July 2021 and February 2023, according to an ABC report.

The Conversation

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Fortune

Does Medicare pay for glasses? Learn what’s covered—and your other options

92% of Medicare beneficiaries wear glasses, yet Medicare only covers them in one instance.

The Guardian - AU

‘I don’t want treatment’: study shows financial toll of cancer is leading Australians to delay or stop care

Research reveals managing ‘financial toxicity’ for those diagnosed is crucial but there is a lack of resourcing and training to help deal with costs

The Conversation

Where the government draws the line for Medicaid coverage leaves out many older Americans who may need help paying for medical and long-term care bills – new research

The Research Brief is a short take about interesting academic work.

Fortune

Does Medicare cover chiropractic care?

This condition happens when the vertebra is out of alignment.

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The Independent UK

Was a top psychiatrist ‘imprisoning’ patients as part of a Medicare scam – or is he a victim of a smear campaign?

One patient likened her stay to a prison, and said she was ‘terrified’ after being given a sedative against her will, writes Graig Graziosi

Chicago Sun-Times

Remembering Tony Bennett at Ravinia

Despite the rain, a suburban reader writes, a performance by Tony Bennett years ago “was absolutely worth it.”

The Philadelphia Inquirer

President Biden talked ‘Bidenomics’ at the Philly Shipyard. Here’s what it means.

President Biden has a new reelection campaign catchphrase: Bidenomics.

Fortune

What does Medicare Part B cover? Here’s everything you need to know about its benefits and costs

Part B has the widest array of health benefits—and the widest array of coverage exclusions.

The Independent UK

Jill Biden welcomes proposal for Medicare to pay for navigation services for cancer patients

Jill Biden is welcoming a federal proposal to have Medicare pay for navigation services for cancer patients

Fortune

What does Medicare Part A cover? Here’s everything you need to know about its benefits and costs

Medicare Part A helps cover hospital stays, and sometimes covers skilled facility care, home health care and hospice care.

McClatchy Washington Bureau

Republicans love to bash Kamala Harris going into the 2024 election. Here’s why

WASHINGTON — The 2024 presidential campaign has a new kind of message from Republicans: A vote for Joe Biden, age 80, is a vote for a President Kamala Harris.

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