Medicare to cover obesity drugs, but not for weight loss
The Centers for Medicare and Medicaid Services (CMS) has issued guidance allowing anti-obesity drugs, but only if they are indicated to treat conditions other than obesity. CMS cited the recent expansion of indications for the anti-obesity drug Wegovy as influencing its decision. The Food and Drug Administration (FDA) granted Wegovy approval earlier this month to […]
Pharma execs tell investors Medicare negotiations won’t have a big impact
What they are saying: AstraZeneca CEO Pascal Soriot told reporters last month that the initial proposal from the Centers for Medicare and Medicaid Services (CMS) was “relatively encouraging,” while Pfizer Chief Financial Officer David Denton said The company’s chief financial officer (CFO) told investors that the impact of the negotiations would be “modest.” Far from […]
Drugmakers give surprising response to Medicare drug price offers
Pharmaceutical executives have reacted surprisingly optimistically to Medicare’s initial offer to negotiate drug prices, signaling they are walking away from industry lawsuits warning of dire consequences for the program. While the details of the proposal remain secret and some believe the price cuts are relatively modest, patient groups say the CEO may be paying lip […]
DOJ Says James Biden Associate Conspired to Defraud Medicare
In a filing Friday, the Department of Justice (DOJ) charged James Biden’s colleague, Mississippi businessman Keaton Langston, with conspiring to commit Medicare fraud. The number of applications may increase.”scrutiny” About James Biden, and perhaps President Joe Biden. President Joe Biden’s brother James Biden and attorney Paul Fishman arrive for a personal interview with House Republicans […]
Donald Trump clarifies he will ‘never do anything’ to ‘jeopardize’ Social Security and Medicare
Former President Donald Trump vowed he would not “jeopardize” Social Security or Medicare after causing an uproar earlier this week. President Trump (77): “I would never do anything that would jeopardize or harm Social Security or Medicare.” He spoke in a wide-ranging interview with Breitbart. At Mar-a-Lago. “We’ll have to do it elsewhere. But we’re […]
‘I Will Never Do Anything that Will Jeopardize or Hurt Social Security or Medicare’
PALM BEACH, Fla. — Former President Donald Trump told Breitbart News exclusively Wednesday night that he would never touch Social Security or Medicare. Asked about reducing government waste in an exclusive 90-minute interview (his first in print since blocking the Republican presidential nomination for three consecutive years), Trump said he would never cut Social Security […]
Joe Biden Claims He Will Stop ‘Anyone’ Who Tries to Cut Medicare
Claim: President Joe Biden claimed in Thursday’s State of the Union address that he will stop “anyone” who tries to cut Medicare. Verdict: False. Biden has moved aggressively to cut Medicare Advantage, an increasingly popular Medicare option for older Americans. biden I went out for a short run It’s the well-worn rhetoric that Republicans are […]
Medicare announces emergency funds for doctors affected by Change Healthcare hack – The Washington Post
Federal health officials said Saturday that doctors, physical therapists and other professionals who provide outpatient care have been cut short after a cyberattack crippled the nation’s largest medical claims processing agency and left many organizations in financial trouble. announced that it would provide emergency funding to The Centers for Medicare and Medicaid Services also announced […]
Joe Biden says Medicare should negotiate prices for more drugs
President Joe Biden said Wednesday that Medicare should negotiate higher prices for at least 50 prescription drugs each year than the president’s current goal. “Medicare should not be limited to negotiating just 20 drugs a year,” the White House said. fact sheet The announcement was made ahead of Biden’s previously reported State of the Union […]
GOP leaders demand answers from Medicare on alleged $2B catheter fraud – The Washington Post
House Republicans on Wednesday called on federal health officials to address allegations of Medicare fraud estimated at more than $2 billion. Medical groups have warned that the scheme has ensnared hundreds of thousands of patients and continues to grow. At least 10 companies charge more for intermittent urinary catheters, low-cost devices used to alleviate urinary […]