Mcare

Medicare Patients Now Can Do a Check-Up on Doctors

Posted on 04/9/2014 by | Senior Editor, Money Team | Comments

Bulletin Today | Money & SavingsIn a major data release this morning, Medicare shared information on $77 billion in payments to more than 880,000 health care providers. Consumers for the first time can look up doctors, find out the number of procedures they have performed and how much Medicare paid. This is one piece of the puzzle for determining the overall value of care being delivered. The information, from 2012 Medicare Part B payments, already has generated some eye-popping articles, with reports of one Florida ophthalmologist receiving …

Medicare Database Reveals Top-Paid Doctors

Posted on 04/9/2014 by | General News | Comments

Bulletin TodayBy Ricardo Alonso-Zaldivar and Serdar Tumgoren, Associated Press WASHINGTON (AP) — Medicare paid a tiny group of doctors $3 million or more apiece in 2012. One got nearly $21 million. Those are among the findings of an Associated Press analysis of physician data released Wednesday by the Obama administration, part of a move to open the books on health care financing. Topping Medicare’s list was Florida ophthalmologist Salomon Melgen, whose relationship with Sen. Robert Menendez (D-N.J.), made headlines last year …

Government Hikes Payment Estimate for Medicare Advantage Plans

Posted on 04/8/2014 by | General News | Comments

Bulletin TodayBy Tom Murphy, AP Business Writer The government has raised its payment estimate for Medicare Advantage plans months ahead of a busy election season during which cuts to the program promise to be a key focus for politicians and voters. The Centers for Medicare and Medicaid Services said Monday that 2015 payments to the plans should increase less than 1 percent overall. That compares to a drop of nearly 2 percent that the government forecast in February. Analysts expect actual …

Obama Budget Proposal Targets Medicare Savings

Posted on 03/4/2014 by | Washington Watch | Comments

Bulletin Today | PoliticsAs expected, President Obama’s budget proposal abandoned a call to change the way annual increases in Social Security benefits are calculated and continued a call for Medicare savings. Announced March 4, his plan, which goes next to Congress, would hit some Medicare providers, drug companies and higher-income Medicare beneficiaries as part of $402 billion in estimated health care savings over the next decade. Among the proposed changes for beneficiaries: Charge higher premiums for Parts B and D for higher-income people …

Medicare Drug Benefit Saves Taxpayers Billions

Posted on 03/3/2014 by | In Other News . . . | Comments

Bulletin Today | Personal HealthMedicare‘s prescription drug benefit saves taxpayers billions of dollars by dramatically reducing hospital admissions, a new study shows. Researchers at the Johns Hopkins Bloomberg School of Public Health and the University of Illinois at Chicago estimated the total savings at $1.5 billion a year — about 2.2 percent of the total $67.7 billion cost of Medicare Part D in 2011. “Medicare Part D requires a substantial investment from the federal government, and the million-dollar question has been, ‘Does this investment …

Will Congress Help Medicare Patients Cut Red Tape?

Posted on 02/13/2014 by | Washington Watch | Comments

Bulletin Today | PoliticsA congressman is expressing confidence that a bill he sponsored — to fix a problem faced by many Medicare patients who are left without coverage for skilled nursing care — will pass this year. Rep. Joe Courtney, D-Conn., who introduced the bill with Rep. Tom Latham, R-Iowa, told reporters in a conference call that the legislation has picked up 137 cosponsors. “This is not happening in a vacuum,” Courtney said, according to the Connecticut Mirror. “It’s happening because there is …