medicare Archives - DR News - News, Retirement, Finance

Medicare Fraud Conspirator Sentenced to Over Seven Years in Prison for Bogus Doctors’ Orders Scheme

GREENVILLE, S.C. — A New York man was sentenced to more than seven years in federal prison after pleading guilty to one count of conspiracy to commit health care fraud, the office of Adair Ford Boroughs, the U.S. Attorney for South Carolina, announced Thursday. Jeffrey Brooks, 40, was found to have created bogus doctors’ orders using medical information bought from call centers to bilk Medicare for millions. Brooks also paid $850,000 last year in a …

Humana Shares Tumble as Medicare Advantage Costs Exceed Expectations

Louisville, Kentucky – Humana Inc. faced a significant drop in its shares after announcing that it was grappling with higher care costs from its Medicare Advantage customers. The health insurer saw its shares plummet by 13% before the market opened, causing a ripple effect on other insurers as well. The unexpected surge in care costs was attributed to the fact that Medicare Advantage patients used more inpatient care than anticipated in November and December. Additionally, …

Medicare Advantage Program Slashed Despite Biden Vow: Impact on 33 Million Seniors

Washington D.C., USA – During the recent State of the Union Address, President Biden made a firm promise to protect Medicare benefits for all seniors. However, despite this pledge, the Centers for Medicare Medicaid Services (CMS) have implemented cuts to the Medicare Advantage program, affecting 33 million seniors across the country. In a recent hearing before the Senate Appropriations Committee, Health and Human Services Secretary Xavier Becerra faced tough questions from lawmakers regarding the cuts …

Medicare Cuts Impact 33 Million Seniors, Sparks Outcry from Congress

Vancouver, Washington – In a recent State of the Union Address, President Biden made a bold promise to protect Medicare benefits for seniors, pledging to prevent any cuts to the program. However, concerns have arisen as the Centers for Medicare and Medicaid Services (CMS) announced a reduction in Medicare for 33 million seniors through cuts to the Medicare Advantage program. During a Senate Appropriations Committee hearing, Health and Human Services Secretary Xavier Becerra faced scrutiny …

Breast Scans Denied: Medicare Holds Back Necessary Screening for Older Women

Some older women in Houston, Texas are facing challenges when it comes to getting the necessary breast scans, even though they need them for their health. Medicare, the government health insurance program for Americans over the age of 65, is not covering these additional scans for some women, leaving them to figure out how to pay for them on their own. The issue arises from the fact that Medicare guidelines currently only approve additional breast …

Medicare Crisis Uncovered: Historic Heist Threatens Healthcare System’s Future

Washington, D.C., Medicare, the largest health care program in the country, faces threats as insurance companies push to privatize it. A significant portion of Medicare beneficiaries are now enrolled in Medicare Advantage, controlled by powerful corporations. This shift could jeopardize Medicare’s ability to regulate prices and could result in draining the trust fund. The Medicare Payments Advisory Commission’s recent report highlighted that Medicare spends significantly more per beneficiary in Medicare Advantage plans compared to traditional …

Medicare Removes Stanislaus County Hospital Over Health and Safety Concerns

Modesto, California – A hospital in Stanislaus County has been removed from the Medicare program due to a series of health and safety issues. The hospital, which has not been named, failed to comply with the regulations set by the Centers for Medicare and Medicaid Services (CMS), leading to its exclusion from the federal program. This decision has raised concerns about the quality of care provided at the hospital and its impact on the community. …

Bureaucracy Battles Doctors in Medicare System

Columbus, Ohio – Medicare, the federal health insurance program primarily for individuals age 65 and older, is facing criticism from healthcare professionals for its bureaucratic processes and regulations that they argue hinder their ability to provide quality care to patients effectively. Doctors across the country are expressing frustrations with Medicare’s administrative burdens, claiming that they spend more time navigating paperwork and prior authorizations than actually treating patients. The American Medical Association reports that on average, …

Medicare Advantage Costs Update Sends UnitedHealth Stock Surging

Minneapolis, Minnesota – UnitedHealth Group’s stock experienced a sharp increase following the release of their latest earnings report, alongside an update on costs for their Medicare Advantage plans. The positive outlook for the company’s financial performance has significantly impacted investor confidence, driving up the stock price. UnitedHealth Group, a prominent player in the healthcare industry, has been closely monitored by analysts and investors due to its influence on the market. The surge in stock value …

Medicare Enrollment Woes? Locked Social Security Account Leaves Seniors Struggling to Sign Up

Las Vegas, NV – Jodie from Las Vegas, NV faces a dilemma as she approaches her 65th birthday in July. Due to a fraudulent tax refund filed under her Social Security number two years ago, her Social Security account is now blocked. This has prevented her from enrolling in Medicare online through the “My Social Security” account. Jodie is seeking guidance on how to proceed with her Medicare enrollment in light of this situation. In …