Tag #Medicare

cnbc.com
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Social Security, Medicare Changes for 2025

In 2025, Social Security recipients will see a 2.5% cost of living increase, while some public pensioners will receive additional benefits due to the Social Security Fairness Act eliminating the Windfall Elimination Provision and Government Pension Offset. Medicare Part D will have a $2,000 annual o...

Progress

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smh.com.au
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Labor Unveils Major Medicare Reforms Ahead of Australian Federal Election

Australia's Labor government is proposing major Medicare reforms ahead of the federal election, including increased bulk-billing incentives, expanded urgent care clinics, and GP workforce expansion, aiming to improve healthcare accessibility and affordability while contrasting its approach with the ...

Progress

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us.cnn.com
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Medicare Drug Cost Cap Set at $2,000 Annually Starting in 2025

The Inflation Reduction Act of 2022 caps out-of-pocket Medicare Part D prescription drug costs at $2,000 annually starting in 2025, benefiting over 3 million enrollees initially, rising to over 4 million by 2029, with roughly 40% seeing annual savings of at least $1,000; insurers received roughly $5...

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cbsnews.com
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Florida Blue Sues Federal Agencies Over Lower Medicare Star Ratings Following Broward County Floods

Florida Blue sued the federal government due to lower Medicare Advantage and prescription drug plan star ratings following the April 2023 Broward County floods, claiming that the ratings should have been adjusted due to the flooding's impact on patient access to care; the company expects to lose ten...

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npr.org
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Federal Waiver Expiration Threatens Hospital-at-Home Programs

The impending expiration of a federal waiver threatens 378 hospital-at-home programs offering intensive in-home care paid for by Medicare and Medicaid, potentially leading to increased hospital readmissions and emergency room overcrowding; Congress is considering a five-year extension.

Progress

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nbcnews.com
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Senators Question Oz's Medicare Privatization Stance Amidst CMS Nomination

Democratic senators are demanding answers from President-elect Trump's nominee to lead the Centers for Medicare and Medicaid Services (CMS), Mehmet Oz, over his past advocacy for Medicare privatization and his financial ties to private insurers, particularly UnitedHealth, which is under antitrust in...

Progress

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smh.com.au
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Australian Adults Pay More for GP Visits Despite Government Bulk-Billing Investment

Analysis of Medicare data reveals that while the Albanese government's \$3.5 billion investment in bulk billing increased free GP visits for children and older Australians, adults aged 16 to 64 are paying more for GP appointments, with bulk-billing rates declining and out-of-pocket costs rising from...

Progress

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forbes.com
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Biden's Healthcare Legacy: A Series of Setbacks

President Biden's healthcare initiatives have fallen short of expectations, marked by a $266 billion Medicare diversion, Medicaid disenrollments, rampant ACA fraud costing taxpayers billions, and inadequate cost-control measures, leaving millions uninsured and exacerbating systemic problems.

Progress

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cnn.com
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Medicare Part D Drug Cost Cap Set at $2,000 Annually Starting in 2025

The Inflation Reduction Act institutes a $2,000 annual out-of-pocket cap on Medicare Part D prescription drug costs starting in 2025, benefiting over 3 million enrollees without low-income subsidies, with this number projected to reach over 4 million by 2029; insurers will cover 60% of costs in the ...

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nbcnews.com
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Medicare Caps Annual Out-of-Pocket Prescription Drug Costs at $2,000

Starting January 1, 2025, Medicare will cap annual out-of-pocket prescription drug costs at $2,000 for its 65 million enrollees, a move expected to significantly aid cancer patients and other older adults facing high medication expenses, particularly those on fixed incomes.

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dailymail.co.uk
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Democratic Lawmakers Question Dr. Oz's Medicare Stance and Financial Ties Amidst Growing Public Support for Government Healthcare

Seven Democratic senators are questioning President Trump's nominee to lead the Centers for Medicare and Medicaid Services (CMS), Dr. Mehmet Oz, over his past calls to eliminate traditional Medicare and his financial ties to the private insurance industry; this comes as a Gallup poll shows 62% of Am...

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forbes.com
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Congress Faces Deadline to Prevent End of Expanded Telehealth Coverage

The Telehealth Modernization Act of 2024, if not passed by December 31, will end expanded telehealth coverage under Medicare and Medicaid, impacting millions and potentially increasing healthcare costs.

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