Medicare

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Medicare Fraud Runs Rampant
 Medicare Fraud Runs Rampant 
Jun 13, 2008 1:34 PM CDT

Medicare Fraud Runs Rampant

Most claims are filled automatically

(Newser) - Health care fraud is rampant, especially in South Florida and the LA area, and surprisingly easy to pull off, reports the Washington Post. The 11-digit annual price tag could be smaller if investigators focused more on the fact that Medicare, for example, is "highly vulnerable" to scam artists and...

Congress: No More Scribbled Scrips, Doc

Legislation will nudge MDs toward electronic prescription system

(Newser) - Senators from both sides of the aisle are pushing doctors away from their prescription pads and towards electronic prescribing, the Chicago Tribune reports. Politicians and lobbyists hope the new system will cut down on mis-filled prescriptions and harmful, but avoidable, drug interactions.

Medicare May Be Behind Prostate Treatment Move

After funding cut, more doctors used surgical castration over injection

(Newser) - Slashed Medicare reimbursement might have altered how doctors treat prostate cancer, pushing them to favor castration surgery over hormone therapy, USA Today reports. A study in the journal Cancer shows hormone-therapy injections jumped in the 1990s and early 2000s, while castration surgeries decreased. But when Medicare halved what it paid...

Clinton Pitches Cap on Health Insurance

Proposes to limit premiums to 5-10% of median income

(Newser) - Hillary Clinton has proposed putting a cap on premiums in her universal health care plan, limiting them to between 5% and 10% of family income, the New York Times reports. The average cost of a family policy bought by an individual last year was $5,799, or 10% of median...

Social Security, Medicare Woes Unchanged

Programs bound for insolvency, annual status report says

(Newser) - Social Security and Medicare still face financial problems down the road, but the situation became no worse last year, trustees for the programs said today. The trustees predict that Social Security will become insolvent in 2041, Medicare in 2019. True to form, Republicans sounded alarms about the issue while Democrats...

US Braces for Explosion in Knee and Hip Surgeries

$65B cost will be born largely by public

(Newser) - The number of hip and knee replacements performed in the US will explode in the next several decades—knee operations surging fivefold and hips doubling—as aging baby boomers opt to stay out of wheelchairs, the American Academy of Orthopedic Surgeons estimates. The pricetag will reach $65 billion in less...

Dems May Block Record $3T Bush Budget 'Til Next Prez

Mammoth budget combines tax cuts with huge security spending hikes

(Newser) - President Bush today introduces a record $3 trillion budget into opposition from congressional Democrats so fierce that they could hold up the spending plan until the next president takes office, reports AP. Bush's plan envisions at least $400 billion in deficits this year and next, twice 2007's $163 billion debt....

Bush Legacy of Debt May Stymie Successor

He will unveil record $3T budget as deficit soars

(Newser) - The next president may inherit a US government so deeply in debt it could lose its Triple-A credit rating for the first time since Moody's Investors Service began grading securities 90 years ago, warns the Wall Street Journal. The White House is preparing to unveil a record $3 trillion budget...

Obese US Facing Diabetes Crisis
Obese US Facing Diabetes Crisis
Jan 24, 2008 3:35 AM CST

Obese US Facing Diabetes Crisis

A million new cases reported a year

(Newser) - America is facing a diabetes epidemic—a health disaster more economically catastrophic than a Hurricane Katrina each year, USA Today reports. The disease killed 284,000 people last year, and a staggering million new cases are diagnosed each year as more Americans become morbidly obese, according to a new study...

US Health Care Spending Tops Record $2T

Medicare jumps record 19% with new drug subsidy

(Newser) - US health-care spending in 2006 increased 6.7% to a record $2.1 trillion—an average of  $7,000 for every person in America. Medicare spending jumped 19%, its fastest growth rate in 25 years, according to the latest government statistics published yesterday in the journal Health Affairs. The Medicare...

New Tech Tracks Things Left Behind
New Tech Tracks Things Left Behind
Jan 2, 2008 2:12 PM CST

New Tech Tracks Things Left Behind

Chips, bar codes keep surgeons from leaving sponges in patients

(Newser) - Hospitals are turning to technology to cut down on incidents of doctors sewing up surgical patients with sponges and other items left inside, the Chicago Tribune reports. A bar-coding system to ensure what goes in comes back out is one solution; another involves tagging items with chips that allow them...

Rule Threatens Retiree Health Benefits

New regulation allows bosses to dump health insurance for those over 65

(Newser) - A new policy will let employers cut or drop medical benefits for retirees once they pass the age of 65 and qualify for Medicare. The Equal Employment Opportunity Commission has created a specific exemption from age discrimination rules that will allow employers to create two classes of retirees with different...

Uninsured Cancer Patients Die More Often

Study finds 5-year mortality rate almost twice as high

(Newser) - Cancer patients without health insurance are 1.6 times more likely to die within five years of diagnosis than the insured, the AP reports. A new study by the American Cancer Society examined records for 600,000 patients under 65 in 1,500 US hospitals and found that 35% of...

Social Security's 2.3% Hike Most Stingy Since '04

Increases don't keep up with rising medical costs, critics say

(Newser) - Social Security benefits will rise 2.3% in 2008—or an average of $24 monthly—netting the 54 million recipients their smallest increase in four years. The cost of living adjustment, now $1,079 per month for the average retiree, is based on the third-quarter change in consumer prices, the...

Solid Fred Joins Heated Debate
Solid Fred Joins Heated Debate
Oct 10, 2007 5:27 AM CDT

Solid Fred Joins Heated Debate

Giuliani, Romney have sharp exchanges

(Newser) - In the first debate of his nascent quest for the White House, Fred Thompson stuck to a traditional Republican agenda as the gloves of rivals Mitt Romney and Rudolph Giuliani came off in some of the sharpest clashes so far. The LA Times reports that Thompson, a former senator, appeared...

'Privatized' Medicare Dupes Elderly: Audits

Providers accused of cutting coverage, ignoring complaints

(Newser) - Dems are likely loading political ammo after audits show that Medicare providers have cut thousands from coverage and snubbed those who complain. What's more, HIV/AIDS patients have been booted, standards flouted and phones left ringing. Dems have long opposed efforts to "privatize Medicare," but feds say the changes...

Stocks Dip on Mortgage Fears
Stocks Dip on Mortgage Fears
Sep 28, 2007 3:22 PM CDT

Stocks Dip on Mortgage Fears

Foreclosure worries continue to simmer

(Newser) - The markets dropped today on news that mortgage defaults last month climbed 30% from a year earlier, more evidence that foreclosures are on the rise. Wells Fargo and Washington Mutual tumbled, and the Dow dipped 17.31 to 13,895.63. Stocks bottomed out after a Fed official said players...

House Passes Health Plan for 4M More Kids

Dems take step toward universal coverage over GOP objections

(Newser) - The House has passed a sweeping expansion of the Children’s Health Insurance Program that will extend covered to 4 million uninsured kids using revenue from cigarette taxes and cuts in subsidies to private Medicare plans. The bill, which was approved 225-204, is a step toward universal coverage over Republican...

Big Pharma Loses Generic Drug Fight
Big Pharma Loses Generic
Drug Fight
May 17, 2007 10:23 AM CDT

Big Pharma Loses Generic Drug Fight

Deal for developing nations first blow by Dems in Congress

(Newser) - Congress and the White House have agreed to give developing nations more access to affordable generic drugs by easing some patent enforcement rules. Tucked into a broader trade agreement passed last week, the provision is the first blow to American pharmaceutical companies since the Democrats won control of Congress, the ...

Doctors Paid Millions To Use Anemia Drugs

Among the world's top-selling medicines, the FDA now says they may be unsafe

(Newser) - Doctors are paid millions of dollars by drug companies to give their patients anemia medicine which regulators now say may be dangerous. Spurred by competiton between several similar drugs, companies reward doctors with rebates, which allow them to make a significant profit, the New York Times reports.

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