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 […]
HHS moves to assist Medicare providers affected by Change Healthcare hack – The Washington Post
Federal officials on Tuesday crippled healthcare payment networks across the country, after healthcare industry leaders warned that some organizations were at risk of going out of business and called for federal intervention. announced plans to assist hospitals, doctors, and other health care providers affected by cyberattacks. . The Department of Health and Human Services said […]
Without Medicare Part B's shield, patient's family owes $81,000 for a single air-ambulance flight – Reno Gazette Journal
Debra Pritchard was a retired factory worker who was careful with her money, including medical expenses, said her daughter Alicia Wieberg. She said, “She was someone who would never go to the doctor no matter what.” That ended last year when the rural Tennessee native suffered a severe stroke and several aneurysms. She was rushed […]
South Florida call centers linked to multi-billion dollar Medicare fraud scheme – NBC 6 South Florida
Investigators have described it as a multibillion-dollar fraud scheme targeting people who rely on Medicare services. Call recordings provided to NBC6 by federal agents show how criminals are targeting seniors from their own backyards. In the recording, used as evidence in a criminal case, an 84-year-old man receives a phone call from someone claiming to […]
Federal judge tosses PhRMA lawsuit challenging Medicare drug negotiations
A federal judge in Texas on Monday dismissed a lawsuit filed by the pharmaceutical industry lobby group PhRMA challenging the Biden administration’s Medicare drug price negotiations. The ruling marks a modest victory for the Biden administration, marking the first time a court has completely rejected a challenge to Medicare’s new price-negotiating powers. Eight other lawsuits […]
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 […]