Medicare Medicaid Category

Medicare & Medicaid

News articles in this section include actions by federal regulators like the CMS and HHS, as well as information on Medicare and state Medicaid coverage and benefits.

CVS Warns It Could Lose Up To 10% Of Its Medicare Members Next Year

Facing the wrath of upset investors following its first quarter earnings, CVS Health has promised to value margins over members going forward. First apologizing for last quarter’s earnings, which were plagued by higher-than-expected Medicare Advantage (MA) utilization, CFO Thomas Cowhey told the Bank of America Securities 2024 Health Care Conference crowd that CVS remains a big ...

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Medicare Advantage Two-Midnight Rule Contributing To Higher Outpatient Revenues

More than 20% of Medicare Advantage patients could be affected by the rule, report finds.

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Medicare Advantage Risk Assessments Driving Billions In Costs Each Year

Medicare Advantage plans have come under fire for upcoding that can increase the payouts they receive, and regulators point to health risk assessments as a likely culprit in this increase in coding intensity.

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RAND: Hospitals Charged Insurers 254% More Than Medicare Rates In 2022

The gap between insurance plans and Medicare's payments to hospitals for inpatient and outpatient services widened over the course of just a couple of years, a new study from RAND Corporation finds.

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Newsom’s $12 Billion Medicaid Makeover Banks on Nonprofits’ Buy-In

For much of his young life, Jorge Sanchez regularly gasped for air, at times coughing so violently that he’d almost throw up. His mother whisked him to the emergency room late at night and slept with him to make sure he didn’t stop breathing. “He’s had these problems since he was born, and I couldn’t ...

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More Medicare Enrollees Are Choosing Supplement Plans, Data Shows

More than half of all fee-for-service Medicare enrollees without any additional coverage chose a Medicare Supplement plan in 2021.

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Healthcare And Drugmaker Groups Seek To Revive Challenge To US Drug-Pricing Law

Healthcare and drug industry groups on Wednesday urged a U.S. appeals court to revive their challenge to a law requiring manufacturers to negotiate the prices of some drugs with the U.S government’s Medicare health insurance program or pay heavy penalties. Pharmaceutical Research and Manufacturers of America (PhRMA), the Global Colon Cancer Association and the National ...

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CVS Health Chops 2024 Forecast As Cost Struggles With Medicare Advantage Persist

CVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below Wall Street’s forecast. Shares of the health care giant plunged Wednesday after the company said it was still struggling with rising costs from care use in its Medicare Advantage business. Company leaders told analysts they were still dealing with rising use ...

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New Medicaid Rule Expected To Lower Wait Times For Home-Based Care, Raise Caregiver Wages

Caregivers for older adults and people with disabilities could see a bump in their wages in the coming years, thanks to a forthcoming rule by the Centers for Medicare and Medicaid Services. The new rule brings sweeping changes to a bevy of Medicaid programs throughout the country, including fee-for-service and managed care delivery systems. One ...

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Medicare And Social Security Go-Broke Dates Are Pushed Back In A ‘Measure Of Good News’

The go-broke dates for Medicare and Social Security have been pushed back as an improving economy has contributed to changed projected depletion dates, according to the annual Social Security and Medicare trustees report Monday. Still, officials warn that policy changes are needed lest the programs become unable to pay full benefits to retiring Americans. Medicare’s go-broke date ...

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