Gloomier-Than-Expected Forecast For Medicare

By Phil Galewitz and Mary Agnes Carey   KHN Staff Writers   May 13, 2011   Medicare will start running out of money in 2024 — five years earlier than projected last year — as a result of the sluggish economic recovery, the program’s trustees reported today.   The outlo
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Analysis: ACOs Could Have The Medicare Muscle To Transform Health System

A radical change just getting underway in the U.S. health system could transform how medical treatment has been paid for since Hippocrates made his first house call. But the new payment method faces conflicting dangers: either it won’t be strong enough to upend entrenched incent
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ENQUIRER EXCLUSIVE: Insurance plan pits hospitals vs. employers

A standoff over a new health care plan just being introduced here has some workers facing the threat of new medical bills. At least nine local employers with more than 5,000 employees already have signed up for the new plan, called TrueCost. Read More..
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Mark Farrah Associates Finds Medicare Supplement Growth Continues

KENNEBUNK, Maine–(BUSINESS WIRE)–The latest Medicare Supplement membership figures show continued growth in the number of new policies being issued, according to a new Healthcare Business Strategy report released by Mark Farrah Associates (MFA). MFA found that the number o
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U.S. watchdog blasts Medicare quality insurance project

(Reuters) – Medicare, the U.S. healthcare program for the elderly, is spending $8.3 billion on a test project that is supposed to improve the quality of private health coverage but has mainly rewarded mediocre insurance plans, a government watchdog said on Monday. Read More..
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New report: Competitive bidding saving money for taxpayers and people with Medicare

People with Medicare are already saving money on durable medical equipment (DME) through the Medicare competitive bidding program, according to a report released today by Health and Human Services Secretary Kathleen Sebelius. Read More..
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Medicare Coverage Less Generous Than Coverage In Large Employer Plans, When Available

For individuals ages 65 and older, Medicare fee-for-service coverage, even including the Part D prescription drug benefit, continues to less generous on average compared with preferred provider option (PPO) coverage in the standard Federal Employee Health Benefit Plan (FEHBP) and in t
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HHS, Department of Justice highlight Obama administration efforts, Health Reform tools to combat Medicare fraud

At a Chicago summit highlighting a new high-tech war against health care fraud, Health and Human Services (HHS) Secretary Kathleen Sebelius and Attorney General Eric Holder today discussed how the Affordable Care Act and the Obama administration’s Health Care Fraud Prevention and Enfo
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CMS ANNOUNCES 2013 PAYMENT AND POLICY UPDATES FOR MEDICARE DRUG AND HEALTH PLANS TO ENSURE CHOICE AND IMPROVE QUALITY

The Centers for Medicare & Medicaid Services (CMS) today announced payment and policy guidance for Medicare Advantage (Part C) and Medicare prescription drug (Part D) plans for Calendar Year (CY) 2013 that will continue the trend of lower premiums and stable or improved benefits
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CMS APPROVES PROGRAM CHANGES FOR MEDICARE ADVANTAGE AND PRESCRIPTION DRUG BENEFIT PROGRAMS FOR CONTRACT YEAR 2013

The Centers for Medicare & Medicaid Services today issued a final rule with comment period for the Medicare Advantage (MA) and prescription drug (Part D) benefits programs for Calendar Year 2013. These regulations, posted today at the Federal Register, implement MA and Part D tec
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