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The Latest Breaking News from Medicare

Deutsche Bank Sees Potential 'Dramatic Negative Inflection Point' For Rite Aid

Ahead of the Company's fiscal Q4 results on April 14, Deutsche Bank downgraded Rite Aid Corporation (NYSE:RAD) to Sell from Hold with a price target of $1, down from $16. Analyst George Hill believes COVID has "hastened the decline" for the Company, and he sees the potential for a "dramatic negative inflection point"…

Benzinga

With Senate readying vote on insulin bill, advocates seek changes

WASHINGTON — Advocates and some lawmakers are hoping to add provisions for the uninsured to a Senate bill that would cap insulin copays for some insured patients — and to do so before the chamber votes on the measure, possibly this month.

Tribune News Service

President Obama on the Twelfth Anniversary of the ACA

The namesake of Obamacare took a victory lap at the White House.

Reason

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With Senate readying vote on insulin bill, advocates seek changes - Roll Call

As the Senate prepares to vote on an insulin pricing bill as early as this month, advocates and some lawmakers try to expand its reach.

Roll Call

Medicare blockbusters list prices have more than doubled since launch

Net prices are unclear, but patient cost-sharing is often based on a drug's list price.

Axios

Pregnant women increasingly left out of pocket by Medicare antenatal consultations, doctors say

Peak GPs body calls for Medicare rebate to be extended to cover growing complexity of care for expectant mothers

The Guardian - AU

Push is on in Congress to help millions of Americans cope with high insulin prices

WASHINGTON — Shane Thompson knows the nightmare facing diabetics struggling to afford the insulin necessary to regulate their blood sugar.

Tribune News Service

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Government failing on rural health: report

Many government policies are failing country Australia, an interim Senate inquiry report into GP services in regional and rural areas has found.

AAP

Why Big Pharma loves Tim Scott

During the second half of 2021, Scott was the top recipient of drug campaign cash in Congress

Salon

Scott cuestionado en Fox sobre alza de impuestos y eliminación del Medicare y el Medicaid

Mar. 29—El senador Rick Scott fue cuestionado el domingo por el presentador de Fox News y ex reportero de Miami John Roberts sobre su recién estrenado plan "Rescue America".

Tribune News Service

At a Tennessee crossroads, 2 pharmacies, a monkey and millions of pills

CELINA, Tenn. — It was about 1 a.m. on April 19, 2016, when a burglary alarm sounded at Dale Hollow Pharmacy in Celina, a tiny town in the rolling, wooded hills near the Kentucky border.

Tribune News Service

House Passes Bill To Cap Out-of-Pocket Insulin Costs To No More Than $35/Month

The House of Representatives voted to approve legislation that would limit cost-sharing for insulin under private health insurance and Medicare.

Benzinga

MRI scans to be bulk-billed in Broken Hill following de-regulation win for operators

Health outcomes for Broken Hill residents are set to improve when bulk-billed MRI scans become available later this year, saving patients hundreds of dollars and endless hours of travel.

ABC News

Frydenberg, Albanese budget speeches in full

The government and opposition have laid out their budget pitches for next month's election.

Newcastle Herald

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The Guardian - US

Romney suggests cutting retirement benefits for younger Americans

Republican raises politically controversial idea of cutting future benefits for younger generations before they reach retirement age

Tribune News Service

Commentary: The IRS doesn’t need more workers, it needs less work

Tax day is approaching, and a shorthanded Internal Revenue Service just got a $675 million boost (6%) from Congress and the president. But money won’t fix this problem. We can solve it—and maybe some other problems—with tax reform.

The Independent UK

End of COVID may bring major turbulence for US health care

When the end of the COVID-19 pandemic comes, it could create major disruptions for U.S. health care

The Conversation

What is the PBS safety net and is it really the best way to cut the cost of medicines?

Earlier access to free or cheaper medicines is on the cards, after a federal budget announcement made earlier this week.

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Reason

Joe Manchin on Biden's Wealth Tax: 'You Can't Tax Something That's Not Earned.'

Joe Manchin keeps saying out loud the part that Joe Biden would rather keep quiet.

The Independent UK

4 big expenses you could face in retirement

Retirement planning is part savings, part guessing game

Tribune News Service

Big Pharma is betting on bigger political ambitions from Sen. Tim Scott

Sen. Tim Scott, a rising star in the Republican Party with broad popularity in his home state of South Carolina, is getting showered with drug industry money before facing voters this fall.

Axios

New normal for health care spending

After a nearly 10% jump in U.S. national health care spending between 2019 and 2020 amid the COVID pandemic, federal experts say they expect spending to normalize.

The Guardian - AU

Health budget tops $132bn as Treasury says new Covid wave likely to hit this winter

Josh Frydenberg stresses commitment to Medicare and trumpets funding for Trodelvy – a drug used to treat rare form of breast cancer

AAP

Billions set aside for COVID winter fight

Out-of-pocket costs for prescriptions will be reduced for millions of people, while Medicare funding will increase over the next five years.

AAP

Qld psychologist jailed for Medicare rort

A respected Queensland psychologist has been jailed for six months after receiving almost $110,000 in bogus Medicare claims over more than 18 months.

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