Keyword: medicare

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  • REPORT: The Obama Administration is RAIDING MEDICARE ACCOUNTS To Feed Illegal Youths

    11/30/2016 8:40:41 AM PST · by COUNTrecount · 31 replies
    Gateway Pundit ^ | November 20, 2016 | Aleister
    The Obama administration is now stealing money which was appropriated for services to help American citizens. And he’s using it to feed people who are in the country illegally. Whose side is he on? The Washington Examiner reports: “ Feds cut $167 million in domestic programs to house, feed illegals for just 1 month The Department of Health and Human Services is raiding several of its accounts, including money for Medicare, the Ryan White AIDS/HIV program and those for cancer and flu research to cover a shortfall in housing illegal youths pouring over the border at a rate of 255...
  • Schumer: Republicans Are 'Plotting a War on Seniors'

    11/30/2016 6:18:08 AM PST · by Olog-hai · 114 replies
    Cybercast News Service ^ | November 30, 2016 | 5:45 AM EST | Susan Jones
    During the presidential campaign, Republican Donald Trump said he would not cut Social Security, Medicare or Medicaid, but no matter. Sen. Chuck Schumer, the next Senate minority leader, on Tuesday warned that Republicans are “plotting a war on seniors.” The New York Democrat said he was “so disappointed” that Trump has nominated Rep. Tom Price (R-Ga.) to be his Health and Human Services secretary. “When it comes to issues like Medicare, the Affordable Care Act and Planned Parenthood, Congressman Price and the average American couldn’t be further apart,” Schumer told a news conference on Capitol Hill. …
  • Feds cut $167 million in domestic programs to house, feed illegals for just 1 month

    11/29/2016 5:11:51 PM PST · by pissant · 23 replies
    Wash Examiner ^ | 11.29.16 | Paul Bedard
    The Department of Health and Human Services is raiding several of its accounts, including money for Medicare, the Ryan White AIDS/HIV program and those for cancer and flu research to cover a shortfall in housing illegal youths pouring over the border at a rate of 255 a day. HHS is trying to come up with $167 million to fund the Office of Refugee Resettlement that is accepting the youths, according to the Center for Immigration Studies. Policy Director Jessica Vaughan said that insiders have told her that the funding crisis has forced the department to squeeze programs for money. She...
  • Is Trump taking aim at Obama’s Medicaid expansion with CMS pick, Seema Verma?

    11/29/2016 11:30:37 AM PST · by SeekAndFind · 8 replies
    Hotair ^ | 11/29/2016 | Ed Morrissey
    Republicans in Congress pledge to use the first opportunity of the Donald Trump presidency to repeal ObamaCare. Trump has met that pledge by appointing people most likely to dismantle it from the inside. First Trump appointed staunch ObamaCare opponent Rep. Tom Price to head HHS, and now he’s picked a health-industry expert to run the agency responsible for its Medicaid expansion. Seema Verma has plenty of experience in working the margins of ObamaCare’s Medicaid expansion to push back against it: President-elect Donald Trump on Tuesday morning picked the founder and CEO of a health policy consulting firm, Seema Verma,...
  • HHS nominee Price opposes Obamacare, backs Medicare vouchers

    11/29/2016 8:43:37 AM PST · by Olog-hai · 35 replies
    Associated Press ^ | Nov 29, 2016 10:46 AM EST | Andrew Taylor
    As a congressman, Georgia Republican Tom Price has been thwarted in his hopes to repeal the Affordable Care Act and transform Medicare into a voucher-like program for future participants. Now, as President-elect Donald Trump’s choice to run the Department of Health and Human Services, Price will wield great power as Trump’s top health policy adviser and preside, Republicans hope, over the dismantlement of President Barack Obama’s signature health care law. Price, 62, carries himself with a surgeon’s confidence and possesses deep knowledge of health policy. He is one of very few Republicans to actually propose a replacement for Obamacare, and...
  • A Battle to Change Medicare Is Brewing, Whether Trump Wants It or Not

    11/25/2016 5:14:55 PM PST · by WilliamIII · 36 replies
    NY Times ^ | Nov 25 2016 | NY Times
    WASHINGTON — Donald J. Trump once declared that campaigning for “substantial” changes to Medicare would be a political death wish. But with Election Day behind them, emboldened House Republicans say they will move forward on a years-old effort to shift Medicare away from its open-ended commitment to pay for medical services and toward a fixed government contribution for each beneficiary. The idea rarely came up during Mr. Trump’s march toward the White House, but a battle over the future of Medicare could roil Washington during his first year in office, whether he wants it or not.
  • Walgreen's $140 Million Lawsuit Shows Theranos Is Way Worse Than We Thought

    11/23/2016 11:10:50 PM PST · by CorporateStepsister · 15 replies
    Thrill List ^ | 11/23/2016, 2:58 PM | By Christina Stiehl
    <p>Theranos, the biotech company started by a 19-year-old Stanford dropout, has another hurdle to cross in its whole "we're totally a legit blood-testing company" campaign. This time, it turns out that tens of thousands of blood tests were voided, making them totally invalid. Whoops!</p>
  • Theranos's Insane Campaign To Punish Whistleblower, Who Happened To Be Famous Boardmember's Grandson

    11/21/2016 7:48:00 PM PST · by CorporateStepsister · 40 replies
    TechDirt ^ | Mon, Nov 21st 2016 5:13pm | by Mike Masnick
    We haven't really written much about the insane Theranos scandal, though we discussed it on our podcast. The whole story is pretty crazy -- involving a heavily hyped up company that appeared to basically be flat out lying to everyone about what it could do. The company still exists, but barely. The company's founder and CEO, who was plastered across magazine covers and compared frequently to Steve Jobs, has been banned from running a lab for two years, and the company is now facing a $140 million lawsuit from its biggest partner, Walgreens, who claims that Theranos repeatedly lied to...
  • Theranos and David Boies Cut Legal Ties

    11/19/2016 12:07:29 AM PST · by CorporateStepsister · 13 replies
    The Wall Street Journal ^ | Nov. 18, 2016 7:12 p.m. ET | By John Carreyrou
    Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Mr. Boies, 75 years old, has been one of the country’s best-known litigators since the late 1990s. He became Theranos’s outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Those efforts included threatening to take legal action against The...
  • Theranos and David Boies Cut Legal Ties

    11/18/2016 11:53:04 PM PST · by CorporateStepsister · 7 replies
    Wall Street Journal ^ | Nov. 18, 2016 7:12 p.m. ET | By John Carreyrou
    Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Mr. Boies, 75 years old, has been one of the country’s best-known litigators since the late 1990s. He became Theranos’s outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Those efforts included threatening to take legal action against The...
  • Why is Elizabeth Holmes still leading Theranos?

    11/18/2016 11:38:20 PM PST · by CorporateStepsister · 25 replies
    San Francisco Business Times ^ | Nov 18, 2016, 1:40pm PST | Ron Leuty Reporter San Francisco Business Times
    It's worth asking why Elizabeth Holmes is still leading the embattled blood testing company Theranos Inc. But there may be a good reason why she still is in charge, one that has little to do with the scandal-ridden company's performance to date. Forget what venture capitalist Tim Draper — one of the first to invest in the Palo Alto company — implied this week that Holmes is being attacked because she's a young, female entrepreneur. The simple fact is that Theranos has not been able to deliver on its technology from a commercial, scientific or regulatory standpoint, and that falls...
  • Theranos Whistleblower Tells All On Intimidation And Coercion Tactics Employed To Silence Him

    11/18/2016 12:05:55 AM PST · by CorporateStepsister · 26 replies
    Zero Hedge ^ | Nov 17, 2016 7:20 PM | by Tyler Durden
    2016 has not been too kind to Elizabeth Holmes, the Steve-Jobs wannabe in charge of fraudulent Theranos. She has thus far been banned for 2 years from operating labs, removed from hosting fundraisers for Hillary and lost her entire net worth. And now, the Wall Street Journal has published the "tell-all" story of the whistle-blower, 26 year old Tyler Shultz, who brought the the whole Theranos farce crashing down. It's a sordid tale complete with all the expected twists and turns of a Jason Bourne thriller including intimidation, coercion and private detectives. Tyler Shultz is the grandson of George Shultz,...
  • Three Ways Trump, GOP May Cut Social Security, Medicare

    11/17/2016 8:34:20 AM PST · by MadIsh32 · 50 replies
    Forbes ^ | November 16th | John Wasik
    “We’re not going to hurt the people who have been paying into Social Security their whole life,” Trump declared, calling the payment of promised benefits “honoring a deal.” But the man heading the Trump transition team’s Social Security effort? Michael Korbey, a former lobbyist who has spent much of his career advocating for cutting and privatizing the program, according to Yahoo News. “It’s a failed system, broken and bankrupt,” Korbey said as a lobbyist in the mid 1990s. Korbey acknowledged that some of the reforms his group backed would hurt retirees, but “our constituents aren’t just senior citizens,” he told...
  • Social Security checks get measly $3.92 bump in 2017

    10/19/2016 11:09:59 AM PDT · by MaxistheBest · 122 replies
    CNN.com ^ | 10/19/2016 | Chris Isidore
    The typical retiree's monthly Social Security check will get only $3.92 bigger next year. That amounts to an increase of just 0.3% -- the smallest ever put in place to help cover higher prices. That's still an improvement from this year, when the lack of inflation kept benefits from increasing at all. The average retiree's monthly benefit is currently $1,305.30. "Over the last five years, Social Security COLA's have remained small or nonexistent," said AARP. "Every cent can matter to beneficiaries and their families. After last year's zero COLA, this year's announcement doesn't offer much help to the millions of...
  • Taxpayers Were The Largest Purchaser of EpiPens Last Year

    10/09/2016 10:00:52 AM PDT · by Kaslin · 21 replies
    Townhall.com ^ | October 9, 2016 | Christine Rousselle
    Perhaps this is the reason the price of lifesaving EpiPens increased so dramatically: the single-largest purchaser of the pens in 2015 were taxpayers.The largest source of Mylan's increased revenue came from increased spending from Medicaid and Medicare for the devices. The price of the EpiPens has increased by over 400 percent since Medicaid and Medicare became a larger percentage of EpiPen's revenue. "The majority of Mylan's EpiPen revenue growth came from Medicare and Medicaid," Senator Chuck Grassley told NBC News in a statement after the Iowa Republican's office published an analysis of newly released data on rebates paid by the...
  • Death of a Society

    09/19/2016 8:39:48 AM PDT · by Morgana · 4 replies
    Sensus Fidelium youtube ^ | Published on Aug 30, 2015 | Sensus Fidelium
    Death of a Society Destroying Marriage & the Family: An Essential Principle in the Culture of Death. Homily from 2008 before the election on the culture of death in our land. Father speaks of a story of an assisted suicide vote then brings in how the culture of death has attacked marriage & sex. For more please go to http://www.romans10seventeen.org/ & please say 3 Hail Marys for the priest Marriage provides a proper structure for family, and family is the unit cell of society. Society is made of families. Family is the building block of society. Changing the nature of...
  • Small Social Security cost-of-living adjustment likely for 2017

    09/16/2016 11:34:17 AM PDT · by JoeProBono · 25 replies
    investmentnews ^ | Sep 12, 2016 | Mary Beth Franklin
    Although we are still a month away from an official announcement about the size of the annual cost-of-living adjustment (COLA) for Social Security benefits in 2017, the latest Social Security Trustees report projects a 0.2% increase in benefits next year. That would boost the average Social Security retirement benefit of $1,341 per month by about $2.70 and increase the maximum benefit of $2,663 per month in 2016 by about $5.30 next year. While that would be an improvement over this year when there was no inflation adjustment over 2015 benefit levels, a small COLA will do little to shield seniors'...
  • Surgeons protest CMS proposal requiring them to code every 10 minutes

    09/10/2016 12:42:53 PM PDT · by buckalfa · 26 replies
    Becker's Hospital Review ^ | 09/09/2016 | Kelly Gooch
    Surgeons are speaking out against a Medicare proposal that would require them to use new billing codes to track their work in 10-minute increments during global surgical "packages" that span 10 days and 90 days, reports Medscape Medical News. The "packages" include preoperative and postoperative care as well as the procedure itself.
  • I Told You So: Health Care, ACA

    08/20/2016 9:14:02 AM PDT · by BDParrish · 16 replies
    Market Ticker ^ | August 18,2016 | Karl Denninger
    This rate of acceleration will, as I have repeatedly pointed out, bankrupt the Federal Government within the next administration's term. It will in fact exceed all current federal spending within the next 10 years. Neither of these events will actually come to pass because you cannot have a government when you can't pay the light bill in Washington DC. There is exactly one way to stop this from happening and that is to start prosecuting and imprisoning, right now, each and every instance of price-fixing (Sherman/Clayton), attempts to monopolize markets (Sherman/Clayton again), pricing discrimination of like kind and quantity for...
  • Some seniors surprised to be automatically enrolled in Medicare Advantage plans

    07/30/2016 7:52:46 AM PDT · by BobL · 92 replies
    Chicago Tribune ^ | July 29, 2016 | Susan Jaffe
    Only days after Judy Hanttula came home from the hospital after surgery last November, her doctor's office called with bad news: Records showed that instead of traditional Medicare, she had a private Medicare Advantage plan, and her doctor and hospital were not in its network. Neither the plan nor Medicare now would cover her medical costs. She owed $16,622. -- snip -- Hanttula said she ignored all mail from insurers because she had chosen traditional Medicare. "I felt like I had insured myself properly with Medicare," she said. "So I quit paying attention to the mail."
  • Postal Reform Bill Doesn't Address USPS Problems

    07/27/2016 7:44:11 AM PDT · by Kaslin · 42 replies
    Townhall.com ^ | July 27, 2016 | Brian McNicoll
    Despite a packed legislative agenda and shortened calendar, postal reform legislation has advanced in Congress. Both of the Senate bills shepherded by Sen. Tom Carper, D-Del., have stalled, but the “Postal Service Reform Act of 2016” passed unanimously through the House Committee on Oversight and Government Reform barely a month after it was introduced.The legislation, offered by Chairman Jason Chaffetz, R-Utah, Ranking Member Elijah Cummings, D-Md., and others, includes a variety of measures members hope will shore up the Postal Service’s financial position. Unfortunately, the legislation fails to address either the financial situation or the need for the Postal Service...
  • Feds break up $1 billion Medicare scam in Miami — biggest in U.S. history

    07/23/2016 11:37:59 AM PDT · by reaganaut1 · 30 replies
    Miami Herald ^ | JULY 22, 2016 | JAY WEAVER
    One of the state’s wealthiest healthcare operators was arrested Friday at his Miami Beach waterfront estate on charges of orchestrating the nation’s biggest Medicare fraud scheme — $1 billion. Philip Esformes, 47, charged with two other defendants, is accused of exploiting his network of about 20 Miami-Dade skilled-nursing and assisted-living facilities to fleece the taxpayer-funded Medicare by filing false claims for services that were not necessary or in some instances not provided over the past 14 years. An unidentified local hospital referred some of the thousands of Medicare patients to his network through kickback payments to physicians and other medical...
  • The CBO Looks Ahead to a U.S. Fiscal Disaster

    07/23/2016 5:59:34 AM PDT · by reaganaut1 · 100 replies
    Barron's ^ | July 23, 2016 | THOMAS G. DONLAN
    The American debt problem was almost entirely ignored at the Republican National Convention last week, and we can expect nothing more when the Democrats gather this week. Both parties support the entitlement spending system and the decrepit tax system that fails to support it. They compete on the fiscal side of politics with impossible promises to spend more and tax less. Imagine the U.S. Treasury as an airplane beginning to roll down the runway to take off. For a mile or so, the plane gains no altitude, then the wings start to generate lift. The wheels leave the ground and...
  • After Medical Marijuana Legalized, Medicare Prescriptions Drop For Many Drugs

    07/06/2016 7:19:24 PM PDT · by BenLurkin · 36 replies
    npr ^ | 07/06/2016
    Prescription drug prices continue to climb, putting the pinch on consumers. Some older Americans appear to be seeking an alternative to mainstream medicines that has become easier to get legally in many parts of the country. Just ask Cheech and Chong. Research published Wednesday found that states that legalized medical marijuana — which is sometimes recommended for symptoms like chronic pain, anxiety or depression — saw declines in the number of Medicare prescriptions for drugs used to treat those conditions and a dip in spending by Medicare Part D, which covers the cost on prescription medications. Because the prescriptions for...
  • America’s Next President Must Fix Autopilot Entitlement Spending

    07/06/2016 11:38:05 AM PDT · by milton23 · 46 replies
    Daily Signal ^ | 7/6/2016 | Christian Chelak & Romina Boccia
    A recent report by the Committee for a Responsible Federal Budget raises concerns that proposals by this year’s presidential candidates would further increase the national debt. America’s major entitlement programs—Medicare, Medicaid, Obamacare, and Social Security—are driving the nation’s greatest fiscal challenge, and yet Americans have heard very little about how the candidates will address these programs. Autopilot entitlement spending on federal health care programs and Social Security, along with the net interest the nation must pay on the federal debt, are projected to consume all federal tax revenues by 2033.
  • Obama is gutting Medicare

    06/23/2016 12:23:35 AM PDT · by Boomer · 37 replies
    The New York Post ^ | June 21, 2016 | Betsy McCaughey
    Under the guise of “reform,” President Obama is dismantling Medicare — dooming seniors to needless pain and disability and shortening their lives. The stakes are high, because Medicare and the access it gives patients to medical innovations have transformed aging. Before Medicare, older folks languished in nursing homes or wheelchairs with crippling illnesses. Now, seniors dodge that fate, thanks to hip and knee replacements, cataract operations and heart procedures — all paid for by Medicare.
  • Donald Trump Rolls Out Winning Platform: Cut Taxes, Save Social Security and Medicare

    06/19/2016 9:30:19 PM PDT · by detective · 84 replies
    Breitbart ^ | 19 Jun 2016 | Patrick Howley
    Republican candidate Donald Trump focused this weekend on his economic platform: Cut taxes and regulations across the board while also saving Social Security, Medicare, and other government safety-net programs. Trump’s platform is nearly invincible in the general election if he stresses it enough, polling shows. Trump’s plan will also have a transformational effect on how people view his party. But he still needs to make the accounting work to ensure that his Third Way platform is feasible.
  • Spiraling drug costs prompt call for major Medicare changes

    06/17/2016 6:53:34 AM PDT · by Lorianne · 16 replies
    AP ^ | 15 June 2016 | RICARDO ALONSO-ZALDIVAR
    Calling the rising cost of drugs "unsustainable," congressional advisers on Wednesday recommended major changes to Medicare's popular outpatient prescription program, now 10 years old. The proposal from the nonpartisan Medicare Payment Advisory Commission, or MedPAC, steers clear of calling for the government to negotiate drug prices directly, an option both presidential candidates advocate. For beneficiaries, the plan is a mixed bag. All seniors would get better protection from extremely high costs, but some may have to spend more. The recommendations are unlikely to gain traction in Congress during an election year, but they will get a serious look from staff...
  • Theranos founder's net worth goes from $4.5 BILLION to nothing amid fraud claims

    06/01/2016 11:50:25 AM PDT · by CorporateStepsister · 30 replies
    Daily Mail ^ | 1 June 2016 | Regina F. Graham For Dailymail.com
    Last year she was on top of the world, but now Elizabeth Holmes has a net worth of zero. Holmes, who is the founder of blood-testing company Theranos, was at the top of Forbes' list of the richest self-made women in America with a net worth of $4.5billion last year. However, Forbes has lowered their estimate of her net worth to nothing, amid allegations that the blood-testing company she founded in 2003 has inaccurate tests and is being investigated by federal agencies. Theranos Inc was sued on Thursday, accused of endangering customer health through 'massive failures' that misrepresented the accuracy...
  • Your vanishing health coverage: Employers are cutting retiree health benefits at a rapid rate

    05/11/2016 2:38:14 PM PDT · by Oldeconomybuyer · 15 replies
    Los Angeles Times ^ | May 11, 2016 | By Michael Hiltzik
    The shrinkage of employee retirement resources in the US has been well documented, as employers shift more risk onto their workers. Less so is the rate at which employers have been eliminating healthcare benefits for retirees. As the Kaiser Family Foundation recently reported, retiree health coverage is becoming an endangered species. "Employer-sponsored retiree health coverage once played a key role in supplementing Medicare," observe Tricia Neuman of the foundation. "Any way you slice it, this coverage is eroding." The chances of reversing this trend, plainly, are nil. But it's important to keep an eye on it, if only as a...
  • Simple Math Shows America Is Headed for an Economic Disaster

    04/18/2016 7:21:40 PM PDT · by george76 · 52 replies
    The Daily Reckoning ^ | March 30, 2016 | Jody Chudley
    Stan Druckenmiller ... when I look at the current picture of expected tax revenues combined with benefits promised to future generations, this is the most unsustainable situation I have seen ever in my career. The disaster that Druckenmiller sees coming for the United States is all about changing demographics and entitlement spending. They don’t add up to a sustainable situation. In 1940, entitlement payments, which include everything from disability payments to Social Security to Medicare, amounted to just over 20% of annual government spending in the United States. Today, entitlement spending has swelled to nearly 70% of the annual federal...
  • 'Innovation Center' tries to reinvent Medicare

    04/18/2016 8:42:12 AM PDT · by Olog-hai · 6 replies
    Associated Press ^ | Apr 18, 2016 4:08 AM EDT | Ricardo Alonso-Zaldivar
    They work for the government and even their closest relatives have no idea what they do. It’s not because they’re spies or nuclear scientists, but because their jobs are so arcane: trying to reinvent Medicare to improve it, and maybe save taxpayers money. In a sprawling, nondescript office park near Baltimore, some 360 people at the Center for Medicare & Medicaid Innovation are trying to change the health care system, using the government’s premier insurance program as leverage. If they prevail, the U.S. may no longer have the worst of both worlds: unsustainable spending and unenviable results. […] Because the...
  • Psychologist, judge, lawyer charged in plot to steal $600 million

    04/06/2016 4:41:43 AM PDT · by huldah1776 · 13 replies
    Washington Examiner ^ | April 6, 2016 | Anna Giaritelli
    A retired judge, lawyer and psychologist have been charged in a plot to scam the federal government of $600 million through false disability claims. Various federal agencies, including the Justice Department, Social Security Administration, Health and Human Services, Internal Revenue Services, and FBI, announced late Tuesday the indicment of David Daugherty of Myrtle Beach, S.C., Eric Conn and Alfred Adkins, both of Pikeville, Ky., on 18 charges. "While Social Security disability programs are designed to support the disabled, the defendants allegedly used it to enrich themselves. Today's arrests demonstrate, however, that the Criminal Division will root out greed and corruption...
  • Dem Donors Plead Guilty to $33 Million Medicare Fraud Scheme

    04/02/2016 2:42:29 PM PDT · by Kaslin · 19 replies
    The Washingon Free Beacon ^ | April 1, 2016 | Joe Schoffstall
    Five individuals who have donated to Democratic politicians pleaded guilty to a scheme that drained Medicare out of $33 million dollars. Two physicians and three owners of hospice and home care companies based out of Detroit, Mich., were charged on June 18, 2015 as part of the largest Medicare fraud case in history for submitting fraudulent claims for home health care and hospice services that were either not provided or deemed medically unnecessary.The elaborate operation revolved around Muhammad Tariq, Shahid Tahir, and Manawar Javed—the owners of the home health care and hospice companies—paying kickbacks and bribes to physicians for referrals...
  • Vote for Cruz, screw your parents

    03/21/2016 10:05:26 AM PDT · by Dana1960 · 29 replies
    Market Ticker ^ | 3/21/16 | Karl Denninger
    Let me remind you that Medicare and Medicaid are the entire problem space within our federal budget, and that same issue -- retiree health care costs -- are the entire issue with state and local budgets, along with private pensions. There is only one candidate from either major political party that has put forward any sort of cogent plan of any kind of deal with the Medicare and Medicaid mess -- along with the mess of health care in private industry. This, as I've written about pretty-much since The Market Ticker began publication, is the intermediate and longer-term issue that...
  • Vote For Trump, Go Broke, Or Die

    03/03/2016 4:24:04 AM PST · by SatinDoll · 42 replies
    The Market-Ticker ^ | March 3, 2016 | Karl Denninger
    I know, the headline sounds dramatic. It's true. Trump has just released his health care reform proposal. He is the only candidate that has put forward a plan that will force down the cost of medical care by as much as 80%, rendering Obamacare unnecessary along with Medicare. Require price transparency from all healthcare providers, especially doctors and healthcare organizations like clinics and hospitals. Individuals should be able to shop to find the best prices for procedures, exams or any other medical-related procedure. .... Remove barriers to entry into free markets for drug providers that offer safe, reliable and cheaper...
  • Kasich: I'll drop out if I lose Ohio

    02/27/2016 3:45:45 PM PST · by xzins · 97 replies
    The Hill ^ | February 27, 2016, | Harper Neidig
    Republican presidential hopeful John Kasich said on Saturday that he will drop out of the race if he doesn't win his home state of Ohio. "I will beat Donald Trump in Ohio, and that will be the beginning of a new day," Kasich told a crowd in Nashville, according to the New York Times. "Some of the other candidates, if they can't win their home state, they got to get out, OK?" he added. "If I don't win my home state, I'll get out. But you know what? I'm going to win Ohio." The remark was a dig at his...
  • Ridge, former homeland security chief, endorses Kasich

    02/22/2016 10:00:08 AM PST · by Olog-hai · 29 replies
    Associated Press ^ | Feb 22, 2016 11:20 AM EST
    Ohio Gov. John Kasich has won the endorsement of Tom Ridge, a former director of homeland security and Pennsylvania governor. Ridge had been supporting former Florida Gov. Jeb Bush for president since early 2015 and joined him on the campaign trail in South Carolina. ...
  • Who's advising Trump on health care? His ideas are as unorthodox as his candidacy.

    02/21/2016 12:14:29 PM PST · by SeekAndFind · 118 replies
    Politico ^ | 02/21/2016 | Paul Demko
    Donald Trump has a plan to make America's health care great again. It's very simple, he says: Lock the best health care policy minds in a room -- and don't let them out until they've crafted a plan for providing terrific coverage for everyone. But the strategy, laid out in Trump's most recent book, begs the question: Who exactly would be locked in that room? And who is advising him on ideas which are as unorthodox for a GOP frontrunner as his candidacy? Trump has repeatedly said everyone should have access to health care -- going so far as to...
  • Exploiting the Poor: Hospitals and Chain Drug Stores

    02/12/2016 5:19:13 PM PST · by Kaslin · 6 replies
    Townhall.com ^ | February 12, 2016 | Dan Horowitz
    Recently, a number of purportedly conservative commentators have been making the case against reform of a gaping loophole in the Department of Health and Human Services (HHS) "340b" program. But like the seedy snake oil salesmen of the Old West, these boisterous naysayers are not merely engaged in a game of corporate Three Card Monty. Sadly, these shills are now working - both in public and through quiet lobbying of Congress - to stop recommended improvements seeking to put a stop to wasteful and unnecessary spending. The Centers for Medicare & Medicaid Services (CMS), part of HHS, oversees the 340b...
  • Federal Debt Just Exceeded $19 Trillion: $58,000 for Each Person in U.S.

    02/03/2016 2:41:30 PM PST · by Olog-hai · 43 replies
    Cybercast News Service ^ | February 3, 2016 | 10:18 AM EST | Romina Boccia
    On Monday the U.S. national debt hit a new record: $19,012,827,698,418. This is the first time the national debt has ever exceeded $19 trillion. That's more than $58,000 for each person who lives in the U.S. today (including children). The main culprit behind the rising deficits and debt is growing federal spending--especially among Social Security, Medicare, Medicaid, and Obamacare. Traditionally, Congress has set a limit for how much debt the U.S. may take on, known simply as the debt limit. But rather than put a higher limit on the debt, lawmakers and the president have repeatedly suspended the debt limit,...
  • Trump: I'll save $300 billion a year making Medicare negotiate on drug prices

    01/26/2016 9:18:54 AM PST · by SeekAndFind · 51 replies
    Hotair ^ | 01/26/2016 | Ed Morrissey
    If people want some insight into the Donald Trump phenomenon, this issue might make for a good starting point. Trump’s positions on health care have not exactly hewn to Republican or conservative orthodoxy, to be sure, but the polling frontrunner has refused to back down from them. Last night in New Hampshire, Trump stuck to his government-as-arbiter guns, demanding that Medicare leverage its market presence to force pharmaceutical companies to negotiate on price — an option expressly prohibited in the 2003 Plan D program passed by Republicans.Note how the Associated Press frames this, too: Trump told an enthusiastic crowd...
  • Federal healthcare spending tops Social Security for the first time

    01/26/2016 6:40:06 AM PST · by artichokegrower · 22 replies
    The Hill ^ | 01/25/16 | Sarah Ferris
    The government spent $936 billion last year on health programs including Medicare, Medicaid and subsidies related to the Affordable Care Act, a jump of 13 percent from 2014, according to the Congressional Budget Office. Spending on Social Security, in contrast, totaled $882 billion, the Congressional Budget Office (CBO) reported.
  • Obamacare Was Supposed To Reduce Healthcare Costs, Right?

    12/21/2015 8:25:03 AM PST · by Oldpuppymax · 20 replies
    Coach is Right ^ | 12/21/15 | Michael D. Shaw
    We won’t bury the lede. “National Health Spending In 2014: Faster Growth Driven By Coverage Expansion And Prescription Drug Spending.” That’s the title of an article from the January, 2016 print version of Health Affairs, published online December 2nd. Here are a few key findings… 1. US healthcare spending increased 5.3 percent to $3.0 trillion in 2014. That represents 17.5 percent of the gross domestic product. 2. The 2013 growth in spending figure was 2.9 percent. 2014’s higher growth in spending rate is due mostly to the major coverage expansions under the Affordable Care Act, particularly for Medicaid and private...
  • Ezra Klein Twitter Post

    04/13/2015 5:52:47 PM PDT · by Beowulf9 · 11 replies
    https://Twitter.com ^ | 4/13/2015 | Ezra Klein
    From an Ezra Klein Twitter post: User Actions Follow Ezra KleinVerified account ‏@ezraklein Here's what Marco Rubio tostada on taxes, Medicare, marijuana, same sex marriage, and more: http://www.vox.com/2015/4/13/8406787/marco-rubio-issues …
  • Fate of ObamaCare co-ops uncertain after half collapse

    11/28/2015 5:07:46 PM PST · by Beave Meister · 17 replies
    Fox News ^ | 11/28/2015 | Brooke Singman
    The fate of a network of alternative “co-op” health plans started under ObamaCare remains uncertain going into 2016, after half of them collapsed amid deep financial problems. The co-ops are government-backed, nonprofit health insurers propped up with over $2 billion in taxpayer loans. Twelve of the 23 co-ops established under the Affordable Care Act, though, have gone or are expected to go under by the end of the year, leaving customers who used them scrambling for coverage and taxpayer money at risk. But, as lawmakers on Capitol Hill demand answers on what’s being done, the Obama administration is offering few...
  • How Retirement Benefits Will Change in 2016

    11/17/2015 9:03:42 AM PST · by Steve Schulin · 17 replies
    U.S. News & World Report ^ | Nov 16, 2015 | Emily Brandon
    Retirement savers will get the option to participate in a new type of retirement account next year, the myRA. There will also be fewer Social Security claiming options for married couples and a small Medicare premium increase for some beneficiaries. Here are some of the important ways retirement benefits will change in 2016...
  • Donald Trump's Liberal Stripes Are Starting To Show

    11/06/2015 4:04:41 AM PST · by IBD editorial writer · 155 replies
    Investor's Business Daily ^ | 11/05/2015 | Staff
    As Donald Trump's poll numbers have faltered, his rhetoric, if you can believe it, has heated up. Except now he's starting to attack his Republican opponents from the left.
  • Donald Trump Changes Views on Medicare: "It's Actually a Program that's Worked"

    10/27/2015 3:47:36 PM PDT · by randita · 73 replies
    ABC ^ | 10/27/15 | John Santucci
    Republican presidential candidate Donald Trump has reversed his views on America’s premiere health insurance program. Speaking to MSNBC’s “Morning Joe” today, the New York real estate mogul said he is in full support of Medicare. "Ben [Carson] wants to knock out Medicare. I heard that over the weekend. He wants to abolish Medicare,” Trump said of Carson’s comments that Medicare “probably won’t be necessary” under his health care plan. Trump added: “Abolishing Medicare, I don't think you'll get away with that one. It's actually a program that's worked. It’s a program that some people love, actually.” But it was just...
  • Gee, Do You Think Dems Will Use Carson's Plan to End Medicare Against GOP in 2016 Election?

    10/25/2015 6:10:55 PM PDT · by conservativejoy · 15 replies
    The Gateway Pundit ^ | 10/25/2015 | Jim Hoft
    In 2009 Democrats ran this ad claiming Republicans wanted to end Medicare. DNC TV Ad: “Republicans Want to End Medicare” It was a lie. But Democrats know it is an effective tactic to scare seniors away from voting Republican. Fast forward to 2015… This week The Politico reported that Republican presidential candidate Dr. Ben Carson wants to abolish Medicare. ben carson Via Politico: “ Republicans have fended off accusations for years that they’d gut Medicare for seniors and end the program “as we know it.” Not Ben Carson. The former neurosurgeon acknowledges he would abolish the program altogether. Carson, who...