Many baby boomers are not slowing down. In 2021, 25.8 percent of adults 65 and older worked. That compares to 30.5 percent of teenagers holding a job. Many seniors postpone Social Security when working, but what about Medicare? The regulations say you must sign up for Medicare when you turn 65. But is this always…
Medicare Options for Those Working Past 65
July 20, 2023
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J&J Sues Biden Administration to Block Medicare Drug Price Negotiations
July 19, 2023
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Johnson & Johnson sued to stop the U.S. government from empowering Health and Human Services (HHS) to negotiate lower drug prices for Medicare recipients. The major drugmaker became the third player in the industry attempting to halt the Medicare drug-price negotiations established by the Inflation Reduction Act (IRA), in a claim filed in the U.S. District…
Johnson & Johnson Sues to Block Medicare Drug Price Negotiations
Janssen, the pharmaceutical arm of Johnson & Johnson, filed a lawsuit against the U.S. government on Tuesday, joining others trying to prevent a program that allows Medicare the power to negotiate lower drug prices. The lawsuit, filed in the U.S. District Court for the District of New Jersey, argues that the Medicare drug price negotiation program…
Protecting Assets From a Nursing Home
July 14, 2023
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Most people work their entire adult lives saving for retirement. Between stocks, annuities, and savings, they think they’re covered. Then a catastrophic illness or accident happens, and they’re forced to enter long-term care. And the average cost of a semi-private room is $9,167 per month. This can wipe out a savings quickly. Although this scenario…
Chamber of Commerce Takes Legal Action to Halt Medicare Drug Price Negotiation Program
The U.S. Chamber of Commerce has asked a federal judge in Ohio to block the implementation of the “Medicare Drug Price Negotiation Program” established under the Inflation Reduction Act (IRA). President Joe Biden signed the IRA into law in August 2022, enabling Medicare to directly negotiate drug prices for certain costly medications. The program has…
Department in Charge of Medicare, Centrelink Says Staff Shortages Not a Problem
Services Australia, the agency that oversees Australia’s public health and social security schemes, Medicare and Centrelink, has dismissed community concerns over staffing levels. This follows allegations that tens of thousands of calls went unanswered leaving thousands of Australians without access to vital services. A spokesperson for Services Australia told The Epoch Times in an email that…
Tens of Thousands of Calls Unanswered as Agency in Charge of Centrelink and Medicare Struggles
Tens of thousands of calls to one of Australia’s most important domestic government agencies are allegedly going unanswered, leaving thousands of Australians without access to vital everyday services. The Community and Public Sector Union (CPSU) has revealed that due to significant staffing shortfalls in Services Australia-the agency that oversees government programs like Centrelink, Medicare and Child…
Book Review: ‘Modernizing Medicare: Harnessing the Power of Consumer Choice and Market Competition’
Commentary Enacted together in 1965, Medicare is the U.S. federal government-managed health insurance program for citizens 65 and over, while Medicaid is the de facto welfare program for low-income adults, children, pregnant women, and people with disabilities. While 36 million people were enrolled in traditional Medicare in 2021, the program’s actuaries already envision this number…
California Medical Equipment Company Owner Found Guilty in $24 Million Medicare Scam
June 28, 2023
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LOS ANGELES—A Redondo Beach woman was found guilty on June 27 of nearly two dozen felonies for billing Medicare more than $24 million by submitting fraudulent claims for medically unnecessary durable medical equipment—mostly power wheelchairs—and repairs, many of which were never performed. Tamara Motley, 54, was found guilty by a federal jury in downtown Los…
Rep. Biggs Decries Biden DOJ for Re-Prosecuting Man Whose Sentence Was Commuted by Trump
The Biden administration’s effort to retry former healthcare executive Philip Esformes is “a travesty of justice,” Rep. Andy Biggs (R-Ariz.) said at a congressional oversight hearing on June 22. Convicted in a healthcare fraud scheme, Esformes was sentenced to 20 years in prison in 2019. In December 2020, then-President Donald Trump commuted to time served…
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