Archive for September, 2010

Experts Say Medicare’s Bidding System for Medical Equipment Will Fail

166 Authorities, Including Two Nobel Laureates in Economics, Share Concerns with Congress Washington, Sept. 30 /PRNewswire-USNewswire/ — Medicare‘s bidding program for durable medical equipment will fail, say 166 leading experts on auctions and competitive bidding systems. New restrictions and steeply reduced prices based on the controversial bidding system are scheduled to take effect on…

AMA, Physician Groups Tell Congress: Action Needed to Stop Medicare Crisis for Seniors

Nearly 30 percent cut scheduled to hit just as Baby Boomers enter Medicare on January 1 Washington, Sept. 30 /PRNewswire-USNewswire/ — The AMA, along with medical societies representing 50 states and the District of Columbia and 65 national physician organizations, united to send a strong message to Congress – immediate action is needed to stop [...]

More prescription options to aid seniors with Medicare coverage

Washington — Seniors with high drug costs will soon have more options to help them cope with Medicare‘s prescription coverage gap. Reversing a steady decline, the number of prescription plans covering at least some brand-name drugs in the “doughnut hole” coverage gap will triple next year, from 35 to 106.

Medicare changes aim to help with bills, seniors told

Alex Owens, Special to the Reporter Medicare officials last week announced changes to one of their subsidies for low-income seniors, a program known as “Extra Help” that is aimed at helping low-income seniors who are struggling to pay their medical bills. Newly allotted funding can be used to pay anything from medication to preventive care. [...]

BusinessWise briefs: No tax on Medicare Part D rebates

You don’t have to pay taxes on your Medicare Part D rebate check.

More plans to fill Medicare drug gap

Seniors with high drug costs will soon have more options to help them cope with Medicare‘s prescription coverage gap.The number of prescription plans covering at least some brand-name drugs in the “doughnut hole” coverage gap will triple next year, from 35 to 106, reversing a steady decline, an analysis of Medicare data by Avalere Health, [...]

More plans will cover brand-name drugs in Medicare gap next year

Seniors with high drug costs will soon have more options to help them cope with Medicare’s prescription coverage gap. Medicare – prescription drug – Brand – Medicare Part D coverage gap – United States

Medicare’s new order: First weigh, then pay

The behemoth Medicare bureaucracy will have to act more like a credit card company in flagging suspicious bills under a new federal law that could save taxpayers billions of dollars a year in wasteful government healthcare spending.

AAFP Launches Grass-roots Campaign to Fix Medicare Payment System

The AAFP has launched a grass-roots campaign to convince Congress to extend the current Medicare physician payment rate for at least the next 13 months and to then pass a longer-term measure to make the Medicare payment system more equitable. Without Congressional intervention, physicians face a 23 percent reduction in the Medicare payment rate on [...]

Medicare’s new order for claims: First weigh, then pay

The behemoth Medicare bureaucracy will have to act more like a credit card company in flagging suspicious bills under a new federal law that could save taxpayers billions of dollars a year in wasteful government healthcare spending.

More Medicare options for seniors with high drug costs

Washington — Seniors with high drug costs will soon have more options to help them cope with Medicare ’s prescription coverage gap. Reversing a steady decline, the number of prescription plans covering at least some brand-name drugs in the “doughnut hole” coverage gap will triple next year, from 35 to 106. That’s according to an [...]

Medicare Advantage plan change won’t affect many in North Iowa

MASON CITY — More than 21,000 Iowans will receive letters thisweek announcing their Medicare Advantage plan will not be offeredin 2011, the Iowa Insurance Division announced.

Medicare-cheating M.D. to pay $20 million

CHICAGO, Sept. 29 — A Chicago-area cardiologist recently sentenced for Medicare fraud will pay $20 million for related civil claims, the U.S. attorney announced Wednesday. Medicare – Medicare fraud – United States – United States Attorney – Metro Areas

Medicare drug plans: More options for seniors with high drug costs

Washington — Seniors with high drug costs will soon have more options to help them cope with Medicare‘s prescription coverage gap.

Medicare Advantage plans draw attention

The Boston Globe: “Harvard Pilgrim health care has notified customers that it will drop its Medicare Advantage health insurance program at the end of the year, forcing 22,000 senior citizens in Massachusetts, New Hampshire, and Maine to seek alternative supplemental coverage.” The reason is that federal reimbursements for such plans have been frozen, and Harvard’s [...]