When the sequester hit the federal budget seven days ago, the budget hawk on the right, Rep. Paul Ryan, started re-floating his 2012 budget plan as the solution. Opponents of the GOP budget will recall that Ryan is in favor of raising the age for Medicare eligibility and privatizing the health care program. The White [...]
The SCOOTER Store Raided by the FBI for Medicare Fraud
Last month, the FBI, Texas State troopers, and the Inspector General raided The SCOOTER Store’s corporate offices for suspected Medicare fraud. According to the government, the largest name in mobility scooters falsely took money from Medicare by encouraging false prescriptions and overcharging the government. In January, CBS This Morning ran a cutting exposé on the [...]
Medicare Advantage Plans grow amid pay cuts by the Obama Administration
Although complaining about the proposed cuts to Medicare Advantage plans, more private insurance companies are entering the government health program to offer health services to seniors. The healthcare insurance industry is in a tizzy over the Obama administration’s proposal to cut payments to Medicare Advantage plans in 2014, with reports claiming a cut by as [...]
President Obama signals readiness to take on Medicare and entitlement spending.
During a Friday news conference on the national budget sequester, President Obama said that some Democrats will not touch the health care entitlement program for older Americans and those with disabilities. “And what I’ve said … is that I’m prepared to take on the problem where it exists, on entitlements, and do some things that [...]