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All Posts Tagged Tag: ‘Medicare’

Medicare Part D: Lower Deductibles Might Not Save Money

With Medicare prices rising and U.S. prescription drug prices still safe from government bargaining, it’s understandable that seniors might be searching for the best deal possible when it comes to healthcare. For those who require a constant supply of medications the higher tiers of Medicare Part D drug plans might seem like a cost-saving option, but a new study has …

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Medicare Drug Premiums Set to Rise Yet Again

In a sign of what may become the new normal over the next few decades, the U.S. Department of Health and Human Services this week announced that the price of Medicare premiums for prescription drugs will be rising again this year. This would mark the second year in a row that the average monthly Medicare prescription drug plan premium has …

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Medicare Official Jonathan Blum Resigns

Jonathan Blum, a key U.S. health official in the U.S. Centers for Medicare and Medicaid Services (CMS) has resigned. This, according to an internal CMS memo

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Medicare Part D: Is Obama Going To Limit Coverage?

There are proposed changes to Medicare Part D that have come under fire from groups ranging from drug providers to physicians to patient advocacy groups. It began with a proposal put forth by the Centers for Medicare and Medicaid Services with regard to private insurance coverage for certain drugs as well as changing up the network of physicians available to …

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Medicare: Contributing To Painkiller Addiction

Addictions to painkillers for Medicare patients is growing rapidly, but could Medicare be fueling this dangerous trend? It has been discovered that nearly one in three patients who get prescriptions for painkillers, can get them from multiple doctors, and the physician prescribing them is unaware that they are already receiving prescriptions from another doctor. This is a trend that could …

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Medicare Paid Millions For Drugs Provided To Prison Inmates

Medicare improperly paid out millions for prescription drugs provided to incarcerated persons, a new government report finds. How this slipped through the cracks is beyond belief. Not only are most people who are incarcerated ineligible for federal health care benefits, even more so when it comes to coverage under Medicare Part D, but Medicare still paid out millions for prescription …

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Medicare Funding Decreases, Hurts UnitedHealth

The UnitedHealth Group (UNH) spoke out this Thursday about its fourth-quarter profits, which was the first quarter under ObamaCare. UNH says that they still saw a slightly better than expected fourth quarter, due to an “overall lower medical spending trend” as fewer customers were checking into hospitals. (The rise was from $29 billion to $31 billion, about 8%.) However, funding …

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AARP And Social Security Benefits

If you’re not 50 or older, you may not be interested in AARP – the American Association of Retired Persons. AARP is a group designed to help retirees with their financial lives after the age of retirement – 62 years old. The requirement to join this advocacy group for older folks heading into retirement age is that you have reached …

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Obamacare’s Medicare Part D Disparities

According to new information from U.S. News and World Report, the Affordable Care Act Medicare Part D is feasible, but extremely “wasteful.” This information comes after months of problems with Obamacare, including the failures of the ACA website. On Tuesday, the CMS reported that the new plan is saving senior citizens billions of dollars, but ProPublica, an investigative journalism organization …

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Medicare Open Enrollment – Is It Really That Confusing?

It’s time for the annual Medicare fall open-enrollment period. For those of you who aren’t familiar with open-enrollment, it means that seniors and those who are eligible for Medicare can choose which plan they will use or make changes to their current plan to better fit their needs. Although this may seem like a convenience, it can actually cause a …

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IBM Retirees: Obamacare, IRS looms large on corporate America, Tea Party?

Will Obamacare destroy America and unleash long lines, death panels, IRS oppression and rationing? Or will it usher in the promised utopia of universal medical care and blessings of liberty and equality as espoused by Thomas Jefferson? If IBM’s recent announcement – that it will move some of its retirees from company sponsored medical plans to private insurance exchanges – …

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Medicare Rule Could Increase Hospitalization, Shows Study

A new study shows that a medicare rule that blocks some nursing home residents from receiving simultaneous reimbursement for hospice and skilled nursing facility (SNF, a medicare-certified nursing home) care may be responsible for those residents receiving “more aggressive” treatment or hospitalization. “This study is the first, to the knowledge of the authors, to attempt to understand how treatments and …

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