McCarthy: ‘We won’t touch Medicare or Social Security’

Speaker Kevin McCarthy (R-Calif.) said on Thursday that House Republicans will not target Medicare or Social Security in their negotiations over the debt ceiling.

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It’s ‘Telehealth vs. No Care’: Doctors Say Congress Risks Leaving Patients Vulnerable

The $1.7 trillion spending package Congress passed in December included a two-year extension of key telehealth provisions, such as coverage for Medicare beneficiaries to have phone or video medical appointments at home. But it also signaled political reluctance to make the payment changes permanent, requiring federal regulators to study how Medicare enrollees use telehealth.

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Health Care Spending In The US Is Nearly Double That Of Other Wealthy Nations

In 2021, the U.S. spent 17.8 percent of GDP on health care, nearly double the average of 9.6 percent for high-income countries, according to a new report from The Commonwealth Fund. Health care spending per capita in the U.S. was three or four times greater than for countries like South Korea, New Zealand and Japan. Researchers ...

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Why Drugmakers Have Raised Prices On Nearly 1,000 Drugs So Far This Year

With pharmaceutical companies hiking prices on nearly 1,000 drugs in January, some consumers might experience sticker shock next time they pick up prescriptions. The price increases come as a new federal law requires companies to pay Medicare a rebate if they increase prices above the rate of inflation. Other Inflation Reduction Act provisions — such as capping Medicare recipients’ out-of-pocket ...

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Biden Administration Seeks To Recoup $4.7 Billion From Medicare Advantage Plans

The Biden administration on Monday finalized an oft-delayed plan to step up audits of Medicare Advantage insurers in order to identify and recover overpayments. Why it matters: Studies and audits have identified billions of dollars of excess payments to health plans that weren’t supported by patients’ medical records, but federal officials in the past backed off many ...

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The DOL’s 2023 Regulatory Agenda: New Rules For 401(K)S And Group Health Plans

From defining “fiduciary” and “employer” to seeking feedback on pooled employer plans, the Department of Labor has released an ambitious regulatory agenda for the next six months. “Our Regulatory Agenda additionally reflects our ongoing commitment to the Biden Administration’s prioritization of economic security, raising wages, supporting worker organizing and empowerment, and addressing the threat of climate change, ...

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