Posts Tagged 'Medicare (United States)'

Andrea Germanos – Obamacare Repeal = $7 Million Tax Cut for Nation’s Richest 400 People

Repealing Obamacare, which Republicans on Friday appear closer to doing, would deliver a sizeable tax cut for the rich, a new report shows.

Released Thursday by the Center on Budget and Policy Priorities (CBPP), the publication shows that the repeal would give to each of the top 400 highest-income taxpayers—who averaged incomes of roughly $318 million in 2014—a tax cut of about $7 million a year.

That’s because getting rid of the healthcare law would mean getting rid of its ...

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Larry Butler – To Kill Our Elders

If you’re over fifty, brace yourself – I’m going to scare the sh*t out of you.

Have you ever looked closely at the detail on your hospital and doctor bills? Have you noticed that the amount billed is rarely the amount paid by your insurance? And aren’t you glad that you only have to pay about 25% of the amount the insurance company paid? Welcome to the peculiar world of medical billing in America! Let’s look at why it is ...

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Deirdre Fulton – Quietly, Trump and Republicans Are Gunning to Destroy Medicaid

Medicaid, the nation’s healthcare program for the poor and disabled, is on the chopping block under President-elect Donald Trump and a Republican-controlled Congress—and it will take “intense focus by progressives” to ensure it doesn’t meet a dire fate.

In fact, former National Economic Council director Gene B. Sperling wrote Sunday in a New York Times op-ed, “if Democrats focus too much of their attention on Medicare, they may inadvertently assist the quieter war on Medicaid—one that could deny health benefits to millions ...

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BETH MOLE – Hospitals warn Trump: Price’s plan to repeal ACA will cost us $165 billion

Leading hospital groups teamed up to warn President-elect Trump this week that repealing the Affordable Care Act could spark an “unprecedented public health crisis,” and cost the hospital industry billions of dollars.

The two hospital trade groups—the American Hospital Association (AHA) and the Federation of American Hospitals (FAH)—even commissioned a study by an outside economics consulting firm to put real numbers to the losses. Their study, conducted by the Dobson | DaVanzo firm, modeled what would happen if the government ...

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MARK KARLIN – Big Pharma Is Getting Ready to Celebrate Gluttony at the Expense of Health

I recently wrote about how Big Pharma largely drafted the Medicare Part D legislation signed by George W. Bush in 2006, which resulted in billions of dollars in windfall profits for drug companies. How was this fleecing of seniors in need of medication accomplished?

The Pharmaceutical Research and Manufacturers of America (PhRMA) engaged in the customary DC practices of big campaign contributions, lobbying and actually writing passages of the Medicare Part D legislation. What goal did they achieve? They ...

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LAUREN FOX – Rep. Tom Price Reveals Republicans Eyeing Medicare Overhaul In 2017

Rep. Tom Price (R-GA), the chairman of the budget committee, told reporters on Thursday that Republicans are eyeing major changes to Medicare in 2017.

Price, who is being floated as a possible Health and Human Services Secretary in the next administration, said that he expects Republican in the House to move on Medicare reforms “six to eight months” into the Trump administration.

Privatization of Medicare has been a central feature of Speaker of the House Paul Ryan’s budget ...

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New Study Reveals Medical Marijuana Saves Over $165 Million In Annual Medicare Costs In United States

Marijuana is dramatically gaining acceptance among the American public. Recently, a new poll by Gallup revealed that the percentage of American adults who smoke marijuana has nearly doubled in three years. According to the Gallup poll published in August 2016, among the American adults who participated in the survey, one in eight – representing 13% of the respondents used in the poll – reported current marijuana use. In 2013, the same Gallup poll revealed ...

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Yves Smith – Armchair General Sells Australian Involvement in Ukraine….On Behalf of Arms-Maker-Funded Think Tank

By John Helmer, the longest continuously serving foreign correspondent in Russia, and the only western journalist to direct his own bureau independent of single national or commercial ties. Helmer has also been a professor of political science, and an advisor to government heads in Greece, the United States, and Asia. He is the first and only member of a US presidential administration (Jimmy Carter) to establish himself in Russia. Originally published at Dances with ...

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DAVID ROSEN – The Privatization of the Public Sphere

The Republican Party is consolidating behind Donald Trump and, on May 12th, House Speaker Paul Ryan kissed the ring of the party’s presumptive presidential candidate, thus sending a signal to other party hacks to get in line.  And the line is getting longer every day.

Remarkably missing from the Trump-Ryan powwow was any mention of potentially contentious issues of Social Security and Medicare, federal “entitlement” programs.  Ryan has long led the effort among Republicans to kill off these programs.  He’s repeatedly ...

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U.S. Chamber Works Behind the Scenes to Gut Whistleblower Protections

Efforts to gut the federal False Claims Act backed by the U.S. Chamber of Commerce got a hearing on Capitol Hill Thursday. The federal push builds on previous back-door Chamber efforts through the American Legislative Exchange Council (ALEC) to discourage states from pursuing fraud claims.

The False Claims Act (FCA) allows the government to recover from businesses that defraud government programs like Medicare and Medicaid, and protects whistleblowers who report suspected fraud on government contracts.  Continue Reading →

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