Tag Archives: medicare

Wall Street climbs with health insurers, S&P nears high

By Caroline Valetkevitch NEW YORK (Reuters) – Stocks rose on Tuesday, led by the healthcare sector after a government decision on payment rates, while factory orders data confirmed the economy is steadily improving. The S&P 500 closed at another record high, though it fell short of breaking above its all-time intraday high of 1,576.09. Continue reading

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Stocks Slide as Humana Surges on Lower Medicare Rates

NEW YORK (TheStreet) — Soft manufacturing data sank major U.S. Continue reading

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Rep. Ryan unveils GOP’s $4.6T plan to cut the deficit

House Republicans would balance budget with Obamacare repeal, Medicare overhaul. Continue reading

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Obama Warns of Real Pain From Sequester

NEW YORK (TheStreet) — President Barack Obama reminded Americans Friday that the sequestration will take its toll slowly and painfully. “Not everyone will feel the pain of these cuts right away,” Obama said Continue reading

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Obama Warns of Real Pain From Sequester

NEW YORK (TheStreet) — President Barack Obama reminded Americans Friday that the sequestration will take its toll slowly and painfully. “Not everyone will feel the pain of these cuts right away,” Obama said Continue reading

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Noridian Prices Molecular Pathology Codes

WASHINGTON (dpa-AFX) – Myriad Genetics, Inc. Continue reading

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Salmon: Don’t Let Doctors’ Incomes Derail Health Care-Cost Reform

NEW YORK (Reuters Blogs) — Sarah Kliff and Matt Yglesias both have good summaries of Steve Brill’s monster Time article on health care costs. Both of them correctly point out that the heart of the piece is about negotiating power: Who has it (Medicare); who doesn’t have it (the uninsured); and how the lack of negotiating power on the health care-consumer side inevitably leads to sky-high costs. Continue reading

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Should retirement age be 70? These CEOS say yes

Executives of the Business Roundtableare urging Congress to raise the Social Security and Medicare age eligibility to 70, from the current 67, and to adopt means testing for wealthier retirees, in order to keep the entitlement programs solvent longer-term. Continue reading

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Republicans make ‘fiscal cliff’ offer to Obama

House Republicans on Monday proposed a new 10-year, $2.2 trillion blueprint to President Barack Obama that calls for raising the eligibility age for Medicare and lowering cost-of-living hikes for Social Security benefits, a counteroffer to jump-start stalled talks with the “fiscal cliff” just weeks away. Continue reading

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Medicare patients billed at higher rates, report finds

Thousands of doctors and other medical professionals have added $11 billion or more to fees for elderly Medicare patients over the last decade by choosing to use more expensive billing codes and ignoring cheaper ones, a new study says. Continue reading

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