NEW YORK (Reuters) – U.S. President Donald Trump is considering a sweeping executive order that would cut prices on virtually all branded prescription drugs sold to Medicare and other government programs, according to two industry sources who had discussions with the White House. FILE PHOTO: A pharmacist refills a container in a drug dispensing machine… Read More »
The Medicare Payment Advisory Commission is recommending that payments in 2020 to acute care hospitals increase by 2 percent instead of the 2.8 percent expected under current law, and that the remaining .8 percent be used as a financial reward under a single quality incentive program. In also recommending that hospitals keep the money assessed… Read More »
Part of the reason why, he said, can be boiled down to simple numbers. Prevention programs must include huge numbers of people to be effective, making them expensive, and there is no guarantee they will work. As an example, Cutler pointed to smoking cessation. “If you stop smoking and then you don’t have a heart… Read More »
According to new data released by the American Hospital Association, Medicare and Medicaid underpaid U.S. hospitals by $ 76.8 billion in 2017. Medicare underpayments totaled $ 53.9 billion and Medicaid underpayments $ 22.9 billion for 2017. Meanwhile, in 2017, hospitals provided $ 38.4 billion in uncompensated care, the AHA said. THE IMPACT This means hospitals… Read More »
(NewsUSA) – If you are eligible for Medicare, prescription drug benefits should be an important consideration when it comes to choosing among various Medicare coverage options.It’s important to know that Original Medicare provides very little prescription drug coverage. Therefore, if you have Medicare and want drug coverage – known as Medicare Part D – you… Read More »