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.

Nonprofit Hospital Margins Flipped Positive In 2024: Fitch

Nonprofit hospitals’ 2024 financial performances are beating the prior year’s tough numbers, though even the stronger organizations remain “well below pre-pandemic levels,” Fitch Ratings said. In a Thursday brief describing the financial profiles of its rated nonprofit hospitals, the agency attributed the year-to-year improvements to stronger revenues and volumes as well as slightly mitigated, but ...

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Nevadans Prepare For Potentially Devastating Cuts To Medicaid

Nearly 800,000 Nevadans are covered by Medicaid, a federal health insurance program used by one in five Americans who would otherwise struggle to afford medical care.

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Nevada Announces Intent To Award Medicaid Contracts

The Silver State plans to award managed care contracts to incumbents UnitedHealth, Elevance, Centene and Molina — along with CareSource, a newcomer to the state.

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Cigna Closes $3.3B Sale Of Medicare Plans To HCSC

Cigna has officially sealed the deal on the $3.3 billion sale of its Medicare business to Health Care Service Corporation. HCSC acquired Cigna’s Medicare Advantage, Part D, supplemental benefits and CareAllies units as part of the deal. While it will no longer operate the Medicare unit directly, Cigna said it will continue to provide pharmacy ...

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Congress Extends Medicare Telehealth Flexibilities For 6 Months

Telehealth groups celebrated the extension, but added that the short-term reprieve means continued uncertainty for providers.

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Newsom’s Office Seeks Another $2.8B To Plug Medicaid Gap

The request comes on top of a $3.44 billion loan proposed last week, with costs for undocumented residents running higher than expected.

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Dr. Oz, With A TV Host’s Flair, Promises Simple Solutions For America’s Health Care Ills

Dr. Mehmet Oz, President Donald Trump’s pick to oversee Medicare, Medicaid and Obamacare, told senators a combination of investments, technology, and regulatory changes could both bring down costs and make America healthy again. “We have a generational opportunity to fix our health care system and help people stay healthy for longer,” Oz told senators on ...

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White House Says Trump Won’t Cut Social Security, Medicare After Musk Remarks

The White House on Tuesday asserted President Trump would not cut Social Security or Medicare after tech billionaire Elon Musk’s comments about the need to examine entitlement spending gained traction. Musk, a top Trump adviser leading the effort to overhaul the federal workforce through the Department of Government Efficiency, appeared on Fox Business Network on Monday for a rare television interview, where he noted that most ...

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Lawmakers Hear Worst-Case Scenarios: Medicaid Cuts In Nevada

Last week, Nevada state lawmakers heard worst case scenarios if Congress significantly reduces federal Medicaid spending. There’s a lot of uncertainty as state lawmakers are required to pass the biennial budget over the next 100 days. One in four Nevadans is insured by Medicaid, the health care insurance program for low-income and disabled Americans. In Nevada, ...

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Potential Medicaid Cuts Could Pressure Insurers

The budget bill that was passed in the House last week calls for $2 trillion in federal spending cuts to be identified over the next decade, with $880 billion of that coming from the Energy and Commerce Committee's jurisdiction, which includes the Medicaid program.

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