CVS Health shares tumbled early Friday after the company said a big Medicare Advantage plan took a hit in government quality ratings about a week before a key enrollment window opens for the coverage.
Health insurers will flood the Medicare Advantage market again this fall with enticing offers for plans that have no monthly price tag.
The number of so-called zero-premium plans has been growing for years, and they can appeal to retirees who live on fixed incomes.
LONDON, Ky. (AP) — Former Kentucky lawmaker Robert Goforth was sentenced Monday to two years and one month in federal prison for health care fraud and money laundering.
Goforth, who resigned from the Kentucky House in 2021, also faces two years of supervised release, media outlets reported.
PORTLAND, Ore. (AP) — Oregon is set to become the first state in the nation to cover climate change expenses for certain low-income patients under its Medicaid program as the normally temperate Pacific Northwest region sees longer heat waves and more intense wildfires.
LANSING, Mich. (AP) — The Michigan Supreme Court agreed Thursday to decide whether major changes in car insurance law apply to people who were catastrophically injured before summer 2019.
The case is being closely watched by insurers, health-care providers and long-term victims of crashes.
WASHINGTON (AP) — For the first time in a decade, Americans will pay less next year on monthly premiums for Medicare’s Part B plan, which covers routine doctors’ visits and other outpatient care.
The rare 3% decrease in monthly premiums is likely to be coupled with a historically high cost-of-living increase in Social Security benefits — perhaps 9% or 10% — putting hundreds of dollars directly into the pockets of millions of people.
MADISON, Wis. (AP) — Far from shying from his contrarian reputation, Wisconsin Republican Sen.
WASHINGTON (AP) — The Biden administration is laying out its plan to meet an ambitious goal of ending hunger in the U.S. by 2030, including expanding monthly benefits that help low-income Americans buy food.
BOSTON (AP) — Biogen has agreed to pay $900 million to resolve allegations that it violated federal law by paying kickbacks to doctors to persuade them to prescribe its multiple sclerosis drugs, federal prosecutors said.
SANTA FE, N.M. (AP) — A new evaluation of state-operated hospitals for veterans, the mentally ill and the elderly describes inadequate oversight that threatens the ability to provide quality care, including harmful conditions at a care facility for military veterans in Truth or Consequences.
KANSAS CITY, Mo. (AP) — A doctor admitted in federal court on Wednesday that he certified products and tests for thousands of Medicare and Medicaid patients in Missouri whom he never met.
Oluwatobi Alabi Yerokun, 36, of Washington D.C., pleaded guilty to one count of conspiracy to make false statements related to health care matters.
Using a financial adviser for your investment needs is 100% on brand, but what about the other parts of your retirement life? For example, a third of people ages 64 and up have a financial adviser, but only 2% of them asked their adviser to help with their Medicare choices, according to a July 2022 report f rom health care consulting firm Sage Growth Partners.
BOISE, Idaho (AP) — The Idaho Legislature has asked a federal judge to reconsider his decision blocking the state from enforcing a strict abortion ban in medical emergencies.
SAN FRANCISCO (AP) — A Silicon Valley executive who prosecutors said lied to investors about inventing technology that tested for allergies and COVID-19 using only a few drops of blood and charged up to $10,000 per allergy test was found guilty of health care fraud, authorities announced Friday.
Continuing to work past the traditional retirement age gives many the opportunity to add more money to their nest egg — and delay Social Security, which will bump up their eventual benefits check. In May, 21.9% of Americans ages 65 and older were working, compared with 19.5% in May 2020, according to a study released in June by MagnifyMoney, which analyzed U.S.
WASHINGTON (AP) — After decades of failed attempts, Democrats passed legislation that aims to rein in the soaring costs of drugs for some in the United States.
WASHINGTON (AP) — Years before he came to the Senate, Raphael Warnock spent time bedside with Georgia residents suffering from the long-term effects of diabetes, a condition made worse by limited access to life-saving drugs like insulin.
BOISE, Idaho (AP) — Idaho's near-total abortion ban appears to have a serious conflict with a federal law governing emergency health care treatment, a federal judge said Monday.
The U.S. Department of Justice sued the Republican-led state of Idaho earlier this month, saying the abortion ban set to take effect on Thursday violates a federal law requiring Medicare-funded hospitals to provide “stabilizing treatment” to patients experiencing medical emergencies.
ATLANTA (AP) — In a victory for Georgia's Republican governor, a federal judge on Friday reinstated a work requirement in the state's plan to expand Medicaid coverage to more low-income residents.
WASHINGTON (AP) — President Joe Biden signed Democrats’ landmark climate change and health care bill into law on Tuesday, delivering what he has called the “final piece” of his pared-down domestic agenda, as he aims to boost his party’s standing with voters less than three months before the midterm elections.
WASHINGTON (AP) — President Joe Biden arrived at the White House promising to “build back” America, and legislation he signed Tuesday delivers a slimmer, though not insignificant, version of that once sweeping idea.
SAN FRANCISCO (AP) — The deadline to close a nursing home administered by the city of San Francisco has been extended by two months and patients will no longer be transferred or discharged as part of a federally-mandated closure plan, local, state and federal officials said Monday in a joint statement.
WASHINGTON (AP) — The biggest investment ever in the U.S. to fight climate change.
WASHINGTON (AP) — A divided Congress gave final approval Friday to Democrats' flagship climate and health care bill, handing President Joe Biden a back-from-the-dead triumph on coveted priorities that the party hopes will bolster their prospects for keeping their House and Senate majorities in November's elections.
At its current pace, Medicare’s Hospital Insurance trust fund will run out of money in 2028, according to the June 2022 Medicare trustees report.
SAN FRANCISCO (AP) — A nursing home run by the city of San Francisco will stop discharging patients as part of a federally-mandated closure plan after at least four patients died within days or weeks of being moved from Laguna Honda Hospital, officials said.
A deal on Capitol Hill that could cut prescription drug costs for millions of Medicare beneficiaries was cautiously cheered by older Americans and their advocates Thursday even as many worried it might never come to fruition.
BANGOR, Maine (AP) — Senators from Maine and Maryland have proposed legislation they said would support older residents who are addicted to opioids.
Republican Sen. Susan Collins of Maine and Democratic Sen.
DANVILLE, Va. (AP) — A Virginia company and its owner have agreed to pay $310,000 to resolve allegations that they violated federal and state law by submitting false bills to Medicare and Medicaid, according to the U.S.
BOSTON (AP) — A national medical testing company has agreed to pay $16 million to resolve allegations that it submitted claims for payment for medically unnecessary tests to Medicare and other federal health care programs, federal prosecutors said Wednesday.
Medicare fraud is big business, and like most businesses, it has adapted to the new environment of the COVID-19 pandemic.
“The public health emergency created an opportunity for fraudsters to modify and repurpose existing schemes,” a spokesperson for the Centers for Medicare & Medicaid Services, or CMS, said in an email.
BOSTON (AP) — A Connecticut ophthalmologist has pleaded guilty to receiving kickbacks in a scheme in which he ordered hundreds of medically unnecessary brain scans that resulted in millions of dollars in fraudulent billing to health insurers, federal prosecutors said.
UnitedHealth Group hiked its 2022 forecast Friday after riding both growing health insurance enrollment and its newer care-providing businesses to a better-than-expected second quarter.
The health care giant said a nearly 9% surge in Medicare Advantage customers pushed its total enrollment past 51 million people.
The Biden administration is warning pharmacies not to discriminate against women who may seek reproductive health prescriptions, including some that might be involved in ending a pregnancy.
WEIRTON, W.Va. (AP) — A hospital in West Virginia's Northern Panhandle has agreed to pay $1.5 million to the federal government to settle allegations that the medical center provided financial incentives to physicians for referring Medicare patients there, U.S.
WASHINGTON (AP) — Senate Democrats want to boost taxes on some high earners and use the money to extend the solvency of Medicare, the latest step in the party's election-year attempt to craft a scaled-back version of the economic package that collapsed last year, Democratic aides told The Associated Press.
RALEIGH, N.C. (AP) — A North Carolina woman who controlled two healthcare companies pleaded guilty Wednesday to charges resulting from a scheme in which she collected $17 million after the companies billed Medicare for medical equipment it never delivered, a prosecutor said.
CHARLOTTE, N.C. (AP) — A North Carolina nurse has pleaded guilty to his role in a scheme to defraud Medicare of nearly $15 million by filing claims for medically unnecessary orthopedic braces and other medical equipment, a prosecutor said.
Today in History
Today is Friday, July 1, the 182nd day of 2022. There are 183 days left in the year.
HELENA, Mont. (AP) — The state of Montana's largest department is getting new leadership, Gov. Greg Gianforte said Thursday.
Adam Meier is leaving as director of the Department of Public Health and Human Services on Aug.
CHARLOTTE, N.C. (AP) — A North Carolina doctor has been indicted in connection with a scheme that defrauded federal programs of more than $11 million, a U.S. attorney said.
Dena J. King, U.S. Attorney for the Western District of North Carolina, said in a news release that Sudipta Mazumder, 46, of Charlotte, is charged with six counts of making false statements relating to health care matters and a single count of health care fraud.
WASHINGTON (AP) — The Supreme Court said Wednesday that the federal government improperly lowered drug reimbursement payments to hospitals and clinics that serve low-income communities, a reduction that cost the facilities billions of dollars.
A Cuban man charged in a $4.2 million Medicare fraud scheme is being held as a flight risk after officials said he tried to flee the U.S. on a Jet Ski.
A federal judge in Miami ordered Ernesto Cruz Graveran, 54, of Hialeah, to be detained pending trial Monday, according to court records.
ATLANTA (AP) — Federal officials have fined two Georgia hospitals more than $1 million for failing to meet new requirements to publicly disclose their charges.
Northside Hospital Atlanta and Northside Hospital Cherokee are the first two hospitals in the country to face monetary penalties under the rules that went into effect last year, the Centers for Medicare and Medicaid Services said Friday.
WASHINGTON (AP) — A stronger-than-expected economic recovery from the pandemic has pushed back the go-broke dates for Social Security and Medicare, but officials warn that the current economic turbulence is putting additional pressures on the bedrock retirement programs.
MORGANTOWN, W.Va. (AP) — A mobile lung cancer screening unit that offers service to West Virginia counties without easy access to screenings will be visiting three counties next week.
The unit known as LUCAS will visit Preston, Taylor and Marion counties.
WASHINGTON (AP) — Medicare recipients will get a premium reduction — but not until next year — reflecting what Health and Human Services Secretary Xavier Becerra said Friday was an overestimate in costs of covering an expensive and controversial new Alzheimer's drug.
RICHMOND, Va. (AP) — A Virginia man pleaded guilty Thursday to charges that he failed to pay $1.3 million in taxes to the IRS by withholding payroll taxes from three different companies owned by his family, a federal prosecutor said.
LONDON, Ky. (AP) — A former Kentucky lawmaker and pharmacy owner has admitted in federal court to billing insurance programs for prescriptions that customers didn’t pick up, according to a published report.
RALEIGH, N.C. (AP) — A North Carolina woman has been sentenced to nearly two years in prison for conspiring with others to defraud North Carolina's Medicaid system by turning in more than $4 million in fake claims for behavioral health services.