Content Tagged As medicare

1 year 5 months ago

Annual Trustees Report comes out today

All eyes in Washington will be on the annual Trustees Report on the status of Social Security and Medicare today. Trustees and members of President Obama's cabinet will speak to the press on what the reports hold. Last year's report brought future issues to light, most notably the need...

3 years 5 days ago

Local jobs at stake in budget stalemate

Thousands of local jobs are in jeopardy after the Congressional "Supercommittee" failed to agree on spending cuts. The stalemate triggered $1 trillion in automatic cuts to Medicare and defense spending. Economist Fred Crowley of Southern Colorado Economic Forum says any cuts in defense spending will have a direct, negative...

3 years 3 months ago

Medicare prescription premiums unchanged for 2012

WASHINGTON (AP) - The Obama administration says it has good news for seniors: The average monthly premium for Medicare's popular prescription plan won't go up next year. Medicare will share in the bonanza as a number of top-selling brand name drugs get generic competition. Health and Human Services Secretary Kathleen...

3 years 6 months ago

Ryan: Gingrich 'inaccurate' on Medicare plan

WASHINGTON (AP) - The architect of the House Republican plan for overhauling Medicare says presidential candidate Newt Gingrich's critical description of the proposal was deeply inaccurate and a gross mischaracterization. Last week Gingrich called Rep. Paul Ryan's Medicare proposal "right-wing social engineering." Gingrich took his words back a few...

3 years 11 months ago

"Death panels" return

WASHINGTON - A new health regulation issued this month offers Medicare recipients voluntary end-of-life planning, which Democrats dropped from the monumental health care overhaul last year. The provision allows Medicare to pay for voluntary counseling to help beneficiaries deal with the complex and painful decisions families face when a...

4 years 4 months ago

Feds pull off huge Medicare fraud bust

Federal authorities are conducting the largest Medicare fraud bust ever, with raids in five states leading to the arrests of dozens of suspects. Several doctors and nurses were among those authorities hoped to arrest Friday in Miami, New York City, Detroit, Houston and Baton Rouge, La. Authorities said 36...

4 years 6 months ago

$2.5 billion recovered for Medicare trust fund

The government says it recovered $2.5 billion in over-payments for the Medicare trust fund last year as the Obama administration focused attention on fraud enforcement efforts in the health care industry. In a report, the Justice Department and the Health and Human Services Department say their cooperative efforts are...

4 years 11 months ago

Lieberman resists Medicare buy-in plan

Republicans say you shouldn't bet on a health care bill coming out of the Senate before Christmas. Senate GOP leader Mitch McConnell says Americans are "overwhelmingly opposed" to the bill. McConnell says it's a stretch to think the Senate will ignore public opinion and "jam this through before Christmas." Independent...

4 years 11 months ago

US health care tab to keep growing under overhaul

A new government report is sending a sober economic warning to Democrats trying to push President Barack Obama's health care overhaul plan through the Senate. The analysis from nonpartisan economic experts at the Health and Human Services Department concludes that the nation's health care tab will grow more rapidly under...

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