Health Care Service to buy Cigna Medicare business in $3.7 billion sale – USA TODAY

Healthcare Service Co., Ltd. announced It announced on Wednesday that it would acquire Cigna’s Medicare business. The $3.7 billion sale will give Healthcare Services, the nation’s largest customer-owned health insurance company, control of Cigna’s Medicare Advantage, Supplemental Benefits and Part D customers. Care Allies business We work with health care providers. Cigna’s Medicare plans cover […]
Humana's Dire Forecast Shows Private Medicare Boom Is Ending – Yahoo Finance

(Bloomberg) – Private Medicare plans, which have driven growth for U.S. health insurers for years, may become less profitable and burden older people, Humana Inc.’s results show, leading to an industry-wide decline in profitability. Stock prices fell. Most Read Articles on Bloomberg Humana, the No. 2 Medicare Advantage company, struck a pessimistic tone after it […]
Clarence Center man allegedly defrauded Medicare of millions, now faces 7.5 years in prison – Buffalo News

A Clarence Center man is facing prison time for his alleged role in an elaborate, multi-layered scheme that the U.S. Department of Justice said resulted in $29 million in false and fraudulent claims to Medicare. Jeffrey Brooks, 40, was sentenced Wednesday to 7 1/2 years in federal prison, followed by three years of court-ordered supervised […]
Asante pays $430,000 to settle Medicare fraud allegations | Asante Investigation | kdrv.com – KDRV

Doctors at the medical center were accused of performing unnecessary procedures to increase Medicare and Medicaid bills. Updated January 16th at 10:20am: Asante Health System and Dr. Charles Carmesi paid $430,000 to settle Medicare fraud allegations. According to a news release from the U.S. Attorney's Office, District of Oregon, the charges allege […]
Medicare Part D Premiums Skyrocket ‘Thanks to Bidenomics’

Rep. Brett Guthrie (R-Ky.) said in exclusive comments to Breitbart News on Friday that Medicare Part D premiums, like just about everything else in the U.S., are skyrocketing thanks to “Bidenomics.” He said he did. Guthrie, chairman of the House Energy, Commerce and Health Subcommittee, spoke to Breitbart News amid a significant increase in Medicare […]
MCGARRY: Actually, Voters Do Want Washington To Reform Social Security And Medicare

The Republican Party has made great strides since the early 2010s, when rebellious fiscal conservatives led the party to advocate reducing the size and scope of government. In recent years, the government has presided over massive spending increases, a soaring national debt, and unreformed entitlement spending that is on autopilot and rapidly falling into a […]