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 [...]
March 2, 2013 By Leave a Comment
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 [...]
March 2, 2013 By Leave a Comment
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 [...]
March 1, 2013 By Leave a Comment
Is Obama’s $500 million crackdown on Medicare fraud doomed to failure? (video)
Reason TV talks with the National Association of Medicaid Directors’ Matt Salo, former director of the Centers for Medicare and Medicaid Services, Thomas Scully, and Reason magazine’s Peter Suderman, who agree that despite recent headlines, there’s little reason to think that Medicare and Medicaid fraud will become a thing of the past. In February, the Health and [...]
March 1, 2013 By Leave a Comment
Negotiations fail and the sequester is on, but what does it mean for Medicare?
President Obama blamed GOP lawmakers at a press conference Friday after an eleventh hour meeting between the White House and congressional leaders failed to come up with a plan to avert sequestration. Republicans blame the president for persisting that tax hikes are part of the deal. Budget reduction ideas have been put forth and rejected [...]
