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The Latest Breaking News from Medicare Advantage

What to know about using a Medicare broker to find the best coverage for you

Before hiring a Medicare broker it’s important to understand how they work, how they get paid, and how to separate the best from the rest.

Fortune

Karl W. Smith: Republicans must get over their fear of Medicare

Speaker of the House Kevin McCarthy sent a letter last week to President Joe Biden in which he admonished the White House for not taking more seriously talks to raise the nation’s debt limit, currently set at almost $31.4 trillion. The Biden administration responded by saying House Republicans should increase…

Tribune News Service

Strength in Tech Stocks Boosts Market Sentiment

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.99%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.36%. U.S. stock indexes this morning are moderately higher. Strength...

Barchart

From analysis to the latest developments in health,
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Stocks Slip as Tech Stocks Fall on Higher Bond Yields

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.49%. Stock indexes Tuesday posted moderate losses, with the Nasdaq...

Barchart

The quiet privatization of government health insurance programs

Medicare and Medicaid have become increasingly dominated by private plans.

Axios

Medicare Advantage plans seem enticing, but here are 12 things to know before signing up

Medicare Advantage plans are an increasingly popular alternative to Traditional Medicare, but you need to be careful before signing up.

Fortune

Seniors looking for unbiased answers to their big Medicare questions should be taking advantage of this government program

Looking for information on how to choose the best Medicare plan for yours needs? Your local SHIP is here to help.

Fortune

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Biden speaks in Las Vegas on prescription drug costs

LAS VEGAS — President Joe Biden on Wednesday urged lawmakers to work together to lower drug prescription costs for Americans.

Tribune News Service

Feds move to rein in prior authorization, a system that harms and frustrates patients

When Paula Chestnut needed hip replacement surgery last year, a pre-operative X-ray found irregularities in her chest.

Tribune News Service

Why CVS Health CEO Karen Lynch wore a 'taking up space' T-shirt on her first day

As CVS starts offering primary care services, the CEO talks full-service health care.

Fortune

How major retailers are trying to change how America consumes health care

Amazon, Walmart, CVS, Dollar General and other big retailers are elbowing their way into primary care, pushing a customized consumer experience driven by digital health products.

Axios

Aggressive Medicare Advantage marketing floods TV and mailboxes with misleading ads. The Biden administration is cracking down

“These third-party groups have gotten very aggressive and creative.”

Fortune

Big Insurance "bailed out by taxpayers"

"The premiums and taxes paid by Americans enabled the Big Seven to make those profits," advocate says

Salon

The politics of Medicare funding - Roll Call

CQ Budget podcast unpacks the basis of GOP claims that the Biden administration wants to cut benefits in Medicare Advantage plans.

Roll Call

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Tribune News Service

Insurers, Republicans square off with Biden on Medicare ‘cuts’

WASHINGTON — The insurance industry and Republicans are using the debt ceiling fight and President Joe Biden’s vows not to cut Medicare to fend off changes to private Medicare Advantage plans, which are popular among the public but have faced criticism about their costs to the government.

Fortune

The 5 most important things to know about Medicare so you don't overpay

Medicare can be complicated to navigate. Author and expert Diane Omdahl has the answers to your hard questions.

Roll Call

Insurers, Republicans square off with Biden on Medicare 'cuts' - Roll Call

Medicare Advantage, a Medicare alternative primarily run by private health insurers, becomes a battleground in the war over federal spending.

Fortune

It's Medicare Open Enrollment season. Here's what to consider if you want to change plans

Medicare recipients have the opportunity to change their plans between Jan. 1 and March 31.

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Chicago Sun-Times

CVS buys Chicago-based Oak Street Health for $10.6B

Oak Street Health runs primary care centers mostly for lower-to-middle income people with Medicare Advantage plans.

The Independent UK

CVS acquires Oak Street primary care for $10.6 billion

CVS Health is plunging deeper into providing primary care with an approximately $10.6 billion deal to acquire Oak Street Health

The Independent UK

What’s new for Medicare in 2023?

A new year means changes to Medicare, including updated premiums and deductibles and sometimes big policy moves

Salon

They openly ripped off Medicare

Health plans will be allowed to pocket hundreds of millions of dollars in overcharges for audits before 2018

Chicago Sun-Times

Medicare Advantage plans overcharged government hundreds of millions but get to hang onto the money

The federal Medicare agency will require next to nothing from insurers for excess payments they got from 2011 to 2017 and won’t impose big penalties until audits for 2018 and beyond are conducted, which could be years.

The Independent UK

Feds expect to collect $4.7B in insurance fraud penalties

The Biden administration is estimating that it could collect as much as $4.7 billion from insurance companies with newer and tougher penalties for submitting improper charges on the taxpayers’ tab for Medicare Advantage care

Salon

Did your health plan rip off Medicare?

Previously secret government audits reveal millions of dollars in overpayments to Medicare Advantage health plans

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