Report Archives - DR News - News, Retirement, Finance

Fiscal Warning: Social Security and Medicare Report Reveals Looming Financial Challenges

Salt Lake City, Utah – The recent annual report of the Social Security and Medicare trustees reveals a cautionary tale about the state of these crucial entitlement programs. The report, while indicating some improvements in their financial outlook, also warns against complacency in addressing the challenges that lie ahead. One of the key takeaways from the report is that the economic conditions have been favorable over the past year, with positive indicators such as a …

Marketing Spending Outpaced R&D in Medicare Negotiations by Drugmakers, Report Shows

Washington, DC – A recent report has shed light on the spending practices of drugmakers involved in Medicare negotiations last year, revealing a startling trend. According to the report, these companies allocated more funds towards shareholder payments and marketing efforts than they did towards research and development. The findings highlight a concerning discrepancy in priorities, raising questions about the motivations driving these financial decisions. With the increasing focus on healthcare costs and accessibility, the revelation …

Medicare Faces Insolvency Despite Vaccination Campaign Success, New Report Shows

Charleston, South Carolina – As a KFF Health News reporter based in Charleston, South Carolina, I have witnessed a concerning trend in the effectiveness of allergy shots since mid-February. Covering health-care news in the South, my focus often revolves around issues of health equity. For story ideas or tips, feel free to reach out at lsausser@kff.org. Not a subscriber? Join our community by signing up here. In today’s edition, a new report highlights the financial …

Benefit Cuts Loom: Social Security Report Warns of Bleak Future for Retirees

Washington, D.C. – A highly anticipated government report set to be released today will reveal updated projections for Social Security’s financial health. The program, crucial for providing benefits to retirees, the survivors of workers, and individuals with disabilities, is facing a concerning outlook. The report is expected to highlight the pressing issue of the program paying out more than it collects, leading to potential automatic benefit reductions projected to begin in the 2030s as the …

Condom Distribution Raises Concerns at Oregon Psychiatric Hospital: Federal Report Exposes Safety Failures

SALEM, Oregon – A recent federal report has revealed concerning findings about Oregon’s state-run psychiatric hospital’s failure to protect patients from assaults. However, one particular detail highlighted in the report has sparked both curiosity and concern among state officials and the public. According to the report, staff at the psychiatric hospital have been distributing condoms to patients, raising eyebrows in a facility where policies are meant to discourage all forms of sexual contact between patients. …

Profit-driven Staff Cuts Boost Mission Hospital’s Patient-Care Profits: Report

Asheville, North Carolina – A recent report by Mark Hall, director of the health law and policy program at Wake Forest University, reveals that staff cuts at Mission Hospital have significantly increased patient-care profits following its acquisition by HCA Healthcare. The report tracked the hospital’s profits from 2011 to 2022, showing a sharp rise in profits after HCA took over the facility in 2019. Despite reporting losses during the height of the COVID-19 pandemic in …

Health Insurers Fail to Deliver for Young Californians 26 and Younger: Report Card Shows Alarming Trends in Health Care Access

SACRAMENTO, Calif. – Despite California receiving an A-minus grade for providing health insurance to children, a recent report by Children Now highlighted significant shortcomings in the state’s overall health care access and accountability for those aged 26 and younger. The report, which evaluates a wide range of issues affecting the well-being of young Californians, revealed that having health insurance does not necessarily ensure access to essential care. The optimization of insurance coverage for children and …

Govt Employees Pension Scheme Undergoes Major Changes, Samaa TV Report Reveals

Islamabad, Pakistan – The government employees’ pension scheme in Pakistan is undergoing potential changes that could impact the retirement benefits of many workers. The proposed alterations to the pension system have sparked concerns and discussions among government employees across the country. Currently, the pension scheme for government employees in Pakistan provides a guaranteed monthly income to retired workers. However, recent discussions suggest that the government is considering transitioning to a contributory pension system, where employees …

Transplant Patients Denied Crucial Early-Rejection Tests Despite Expert Recommendations: Report

Washington, D.C. – A recent report has uncovered that contractors working for the Centers for Medicare and Medicaid Services (CMS) made the decision to restrict access to crucial tests for transplant patients, despite recommendations from a panel of expert physicians. The Health Equity in Transplantation Coalition (HEiTC) revealed through a Freedom of Information Act request that these contractors limited access to blood tests, going against the advice of medical experts selected by the government. HEiTC’s …

Pension Crisis Looms Over Cincinnati as Report Urges Tax Hikes and Asset Sales

Cincinnati, Ohio – The state of Cincinnati’s pension system is causing concern as it falls behind, posing potential devastating consequences for the city’s budget, according to a recent report released by the Cincinnati Futures Commission. The report highlights how economic recessions and a decrease in the city’s workforce over the years have significantly impacted the financial stability of the pension system. Back in 1999, there was approximately one city employee for every retiree, resulting in …