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Medicare Enrollment Deadline Extended with Restrictions

December 7th, 2011
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Federal officials have announced that the Medicare enrollment deadline, which is set to expire today, has been extended through Dec. 10 due to a jump in last-minute sign-ups. However, the officials caution that seniors may only qualify for the extension if they take important steps before the close of business today.

Panel Considers Limits on Supplemental Medicare Plans

Posted in Health Insurance , Medicare

October 10th, 2011
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Supplemental Medicare health plans could become the victim of budget cuts, according to sources who have been following deliberations of the special deficit-reduction panel of the U.S. Congress. The panel is responsible for making cuts where needed to reduce the national debt and may have to cut specific Medicare plans to meet their goal.

Obama’s Debt Plan Affects Medicare, Medicaid

Posted in Health Insurance , Medicaid , Medicare

September 19th, 2011
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President Barack Obama is expected to release a debt plan on Monday that will involve making cuts to Medicare and Medicaid over the next decade. His administration says the cuts will not impact beneficiaries negatively, but will reduce overspending.

91 Arrested Nationwide in Medicare Fraud Sting

Posted in Health Insurance , Medicare

September 9th, 2011
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Federal investigators announced on Wednesday that 91 people in eight different cities were charged for attempting to steal millions of dollars from the Medicare system. This attempt is now being called by Attorney General Eric Holder the biggest take-down in Medicare task force history.

The Medicare Fraud Epidemic

Posted in Health Insurance , Medicare

September 1st, 2011
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medicare fraud

Medicare fraud has become a growing epidemic throughout the United States. With millions of people still struggling to acquire health insurance and medical professionals hoping to make a quick buck, the government-run system has turned upside-down.

Medicare Prescription Costs to Drop in 2012

Posted in Health Insurance , Medicare

August 5th, 2011
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The Department of Health and Human Services announced on Thursday that Medicare participants are expected to see a drop in prescription costs next year. Medicare Part D, which is a portion of the health insurance program specifically dedicated to prescription benefits, will see costs decline slightly from 2011.

Cutting Medicare and Medicaid to Solve Debt Ceiling Issue Will Only Shift Health Care Costs

Posted in Health Care , Health Insurance , Medicaid , Medicare

July 13th, 2011
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Health care experts say that the Medicare and Medicaid budget cuts that have been proposed by lawmakers to resolve the debt ceiling issue would only shift health costs, not eliminate them, according to a new Wall Street Journal story. So far, abut $350 billion in cuts have been proposed to the two programs over the next 10 years, but most think these government savings would actually become new costs for others.

Medicare and Medicaid Fraud Conducted by Criminals Posing as Pharmacies

Posted in Health Insurance , Medicaid , Medicare , Private Health Insurance

June 20th, 2011
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Criminal enterprises are stealing millions from the health care system as they pose as pharmacies. federal officials say these so-called “phantom pharmacies” are billing Medicare, Medicaid and private insurance companies for fake prescriptions.

Industry Execs Targeted for Health Fraud

Posted in Health Insurance , Medicaid , Medicare

June 1st, 2011
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A new report has found that individual executives in health care are now being targeted in fraud cases that used to be reserved for corporations as a whole. The report, released by The Associated Press, revealed that federal enforcers are making it their business to blame the execs at the top of corporation chain for fraud issues related to Medicaid and Medicare.

Obama Plans to Reduce Spending in Medicare and Medicaid

Posted in Health Care , Health Insurance , Medicaid , Medicare

April 13th, 2011
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President Barack Obama plans to make a speech on Wednesday that addresses numerous debt issues, including that of the Medicare and Medicaid programs. Media reports predict his discussion will lean towards reducing spending in both programs to contribute to reducing a $4 trillion deficit over the next 10 years.

Medicare Current Rates, News & Information

Medicare Enrollment Deadline Extended with Restrictions

Panel Considers Limits on Supplemental Medicare Plans

Obama’s Debt Plan Affects Medicare, Medicaid

91 Arrested Nationwide in Medicare Fraud Sting

The Medicare Fraud Epidemic

Medicare Prescription Costs to Drop in 2012

Cutting Medicare and Medicaid to Solve Debt Ceiling Issue Will Only Shift Health Care Costs

Medicare and Medicaid Fraud Conducted by Criminals Posing as Pharmacies

Industry Execs Targeted for Health Fraud

Obama Plans to Reduce Spending in Medicare and Medicaid

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