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Buchanan Speaks Out Against Medicare Advantage Cuts at Congressional Hearing
U.S. Rep. Vern Buchanan (R-Longboat Key) urged the Obama Administration to reverse cuts to subsidies to Medicare Advantage plans that are part of the Affordable Care Act. The plans, which have been criticized as non-competitive and inefficient, serve more than…
ADVOCACY GROUPS SAY MEDICARE SHOULD NEGOTIATE WITH DRUGMAKERS
Medicare could save billions if Congress overcame its reluctance to anger the drug industry and allowed the program to demand rebates or negotiate prices, Rep. Henry Waxman, D-Calif., said Wednesday. He added that’s something polls show many Americans support. Expensive new…
Cut? For older directors, retirement isn’t in script
While visiting a retired Frank Capra at his Sierra Nevada hideaway, Clint Eastwood was baffled. “I always thought: ‘He could be making a film right now. He’s as lucid as could be. Here’s the great Frank Capra not doing it,’ ” Eastwood recalled…
Don’t bank on breaking even
Although Social Security started in 1937, it was not until 1956 that things started getting complicated. That was the year women were given the option to claim early benefits at age 62 instead of waiting until 65. The penalty for…
More ads are including models with disabilities
It’s not easy to find models with disabilities in ads for the fashion industry — unless you look in the Nordstrom catalog. The company has been using models with disabilities since 1997. This summer’s Nordstrom Inc. catalog includes among others a woman…
Medicare puts target on diabetes, heart disease
Medicare will urge health providers to do more to help patients with diabetes and heart disease. New contracts awarded to quality improvement organizations require them to address the chronic health conditions as they help hospitals and physicians enhance care. Qsource was…
Undercover probe finds health law failings
Congressional investigators using fake identities were able to obtain taxpayer-subsidized health insurance under President Barack Obama’s law, according to testimony to be delivered Wednesday. The nonpartisan Government Accountability Office says its undercover investigators were able to get subsidized health care under…
An Ominous Health Care Ruling
Millions of low- and moderate-income people who signed up for health insurance with the help of federal tax-credit subsidies could find themselves without coverage or facing big premium bills if a destructive decision handed down by a federal appeals court…
12 Baby Boomer Retirement Trends
It is not news that baby boomers, people born between 1946 and 1964, are starting to turn 65 and beginning to retire in droves. A new Census Bureau report details how quickly the baby boomers are retiring and how they…
Latest Obamacare Legal Knot Won’t Be Easy To Untangle
U.S. judges have their work cut out for them untangling a legal knot created on Tuesday when two federal appeals courts released conflicting rulings hours apart going to the heart of the role the federal government will play in Obamacare. The…