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
Medicare Advantage Plans grow amid pay cuts by the Obama Administration
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 [...]
February 25, 2013 By Leave a Comment
Will ObamaCare cause franchise employment of seniors to increase?
A recent article by the Wall Street Journal, ObamaCare and the ’29ers’, explains how new mandates and regulations are beginning to reduce full-time employment and reshape hiring practices. As I read the WSJ piece I could not help but wonder if employers have thought about the millions of seniors shoved out of the workplace throughout [...]
February 20, 2013 By Leave a Comment
Medicare budget’s wild ride
In 2010 the Center for Budget Policies and Priorities published their Medicare spending forecast. Now, three years later, the CBPP is forecasting a $511 billion reduction. The half a trillion dollar reduction in spending is said to be due to a dramatic slowdown in health care costs. For three years straight health care costs have [...]
February 19, 2013 By Leave a Comment
ObamaCare reductions to Medicare rocks health insurers with $11 billion in cuts
Last Friday the Centers for Medicare and Medicaid Services (CMS) published its proposed payment reductions for 2014 Medicare Advantage insurance plans. The proposed cuts, estimated at $11 billion by an insurance industry trade group, sent health insurer shares plummeting on Tuesday. Humana Inc, the nations second largest health insurer, said that the cuts proposed by [...]
