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The Latest Breaking News from Medicare

Doctors dispute billions being lost in Medicare fraud

Between $1.5 billion to $10 billion of public money is being lost in Medicare rorts every year because of weak oversight and loopholes, a health union says.

AAP

Over 100k Medicare Accounts Breached in Latest Hack: Was Yours One?

Letters are going out to 103,000 Medicare beneficiaries who may have been impacted. Here's how to protect your identity and benefits.

Kiplinger

Warning: 8 Elder Care Scams Still Tricking Thousands Each Year

Elder care is supposed to offer comfort, dignity, and peace of mind. But for thousands of seniors and their families, it’s becoming a high-stakes battleground—one...

Saving Advice

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read the most diverse news in one place.

US Uncovers $15bn Healthcare Fraud Network Tied to Russian and Eastern European Crime Rings

The US Department of Justice prevented healthcare fraud schemes worth $15 billion. Officials claim Russian and European crime rings are behind them.

International Business Times UK

Why the 'Current Policy' Baseline Is a Massive Gimmick That Effectively Kills the Filibuster

Republicans are creating a budgetary loophole that will allow Democrats to pass Medicare for All and pretend it costs almost nothing.

Reason

DOJ Dismantles $14 Billion Healthcare Fraud Scheme In Largest-Ever Crackdown, Impacting Over 1 Million Americans

The Department of Justice, more than 320 individuals have been charged, uncovering nearly $15 billion in fraudulent claims, marking a significant milestone in the fight against healthcare fraud.

Benzinga

‘Big, beautiful’ budget reconciliation package passes Senate - Roll Call

Senate Republicans pushed a mammoth budget reconciliation bill through their chamber Tuesday morning over vehement Democratic objections.

Roll Call

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9 Things You’re Still Paying For That Should Be Free After Age 60

Turning 60 often comes with perks—free museum days, senior transit, library programs—but many of us miss out on even more freebies. It’s surprising how many services and benefits you’re still paying for that should be free for seniors. Once you know what’s reachable, those monthly extras can disappear—straight into your…

Clever Dude

‘No compromises’: Marjorie Taylor Greene says she’s fighting tooth and nail to make sure nobody gets health care or clean energy

What they voted for.

We Got This Covered

What The $3.3 Trillion Bill Means For Your Wallet And The Country

The legislation would cut taxes sharply for businesses while also offering new credits to companies that manufacture in the U.S. It would restructure income tax brackets, delivering the biggest gains to top earners.

International Business Times

Senate megabill would explode debt and kick 11.8 million off Medicaid: ‘Our fiscal house is basically on fire’

Over a decade, the bill would add at least $3.3 trillion to the national debt, according to the Congressional Budget Office

The Independent UK

Social Security and Medicare Are Racing Toward Drastic Cuts—Yet Lawmakers Refuse To Act

Other countries have taken meaningful steps to address similar challenges. The U.S. has done nothing.

Reason

He's 67, Still Working, And Just Sold His House — His Bank Advisor Says Claiming Social Security Now Or Lose Money Later. Is That True?

In a recent Reddit post on r/SocialSecurity, a user shared a dilemma that stirred up plenty of advice — and some confusion. The poster's friend is 67, still working full-time, and just sold his house. He hasn't started collecting Social Security yet, but a bank advisor told him he should…

Benzinga

Pay penalties to be saved as workers score wage win

Weekend penalty rates will be protected by the federal government as minimum wage workers are about to get a boost to their pay packets.

AAP

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news in one place.

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International Business Times UK

South Texas Doctor Jailed for 25 Years Over Multimillion‑Dollar Scam

A South Texas doctor has been sentenced to 25 years in prison for running a massive healthcare fraud scheme involving kickbacks and false billing.

Kiplinger

Why Smart Retirees Are Ditching Traditional Financial Plans

Financial plans based purely on growth, like the 60/40 portfolio, are built for a different era. Today’s retirees need plans based on real-life risks and goals and that feature these four elements.

The Independent UK

‘This is not a matter of opinion:’ State AGs instruct hospitals to continue providing emergency abortions despite state law

The 21 attorneys general issued the warning after the U.S. Centers for Medicare and Medicaid Services rescinded guidance to hospitals about how to follow federal law on emergency reproductive care

The Independent UK

Supreme Court allows states to cut Medicaid funding to Planned Parenthood

Medicaid patients who sought affordable care from one of two clinics in South Carolina will no longer be reimbursed

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news in one place.

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Kiplinger

What is the IRMAA (Income-Related Monthly Adjustment Amount)?

IRMAA is a surcharge added to your Medicare Part B and Medicare Part D prescription drug coverage premiums if your income is above a certain level. Here's what you need to know.

The Guardian - AU

Super tax debate highlights everything wrong with Australia’s media and economic system

The way superannuation is mostly covered by the media in Australia is about how to avoid paying tax and how to use it to fund inheritance

Clever Dude

The Financial Implications of Caring for Aging Parents

Caring for aging parents is a reality many adults face. It’s not just about time and energy—it’s about money, too. The financial implications of caring for aging parents can catch you off guard if you’re not prepared. Medical bills, home modifications, and daily living expenses can add up fast. And…

Kiplinger

How to Dodge the 'Medicare Tax' Before You Retire

A Roth conversion may be the key to avoiding costly IRMAA surcharges on your premiums.

The Guardian - US

RFK Jr and Dr Oz announce insurers’ ‘pledge’ to reform prior authorization

Health secretary and chief of Centers for Medicare and Medicaid hail voluntary agreement as a ‘good start’

Kiplinger

Employee Stock Options: Understanding the Benefits and Risks

The dream of employee stock options includes realities of time, paperwork and market forces.

Roll Call

Major insurers pledge to improve preauthorization - Roll Call

Handshake deal aims to spur insurers and insurance industry groups to address problems caused by prior authorization.

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