payments

Defaults Rise in Parent PLUS Loans

Posted on 04/11/2014 by | Money and Work | Comments

Bulletin Today | Money & SavingsParents who’ve taken out federal student loans to help pay for their children’s college education are increasingly finding themselves in serious financial trouble. Default rates on Parent PLUS loans have tripled in the last few years, according to federal data released this month. Some 5.1 percent of loans that originated in the 2010 fiscal year were in default three years later, according to U.S. Department of Education data released last week. Default rates were highest, at 13.3 percent, for Parent …

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 …

Drug Giant Ends Payments to Doctors

Posted on 12/17/2013 by | News, Culture, Sights and Sounds | Comments

Bulletin Today | Personal HealthPharmaceutical companies make lots of money and spend lots of money, including lavish payments to doctors for consulting; expenses-paid conferences, cruises and other events for doctors; and bonuses for sales reps who exceed sales targets, even if that means pitching a drug for uses the Food and Drug Administration hasn’t approved. Over the past three years, the investigative journalists at the nonprofit ProPublica, along with its news media partners, have been writing about these practices in the series Dollars for Doctors …

Social Security Enters the Debt-Ceiling Fray

Posted on 10/4/2013 by | In Other News . . . | Comments

Bulletin Today | PoliticsThere’s a lot on the line in the showdown over raising the federal debt ceiling — including, President Barack Obama says, retirement and disability benefits for millions of Americans. The nation’s economic situation could go from bad to worse if Congress fails to increase the government’s borrowing authority by the Oct. 17 deadline, according to Obama. “In a government shutdown, Social Security checks still go out on time; in an economic shutdown — if we don’t raise the debt ceiling …

A Renewal of Subscription Renewal Scams

Posted on 09/9/2013 by | AARP Blog Author | Comments

Bulletin Today | Money & SavingsLike reading home-delivered newspapers and magazines? Pay close attention to invoices that claim to start or renew your subscriptions. In an old scam that has recently been, ahem … renewed, third-party companies are mailing bogus subscription invoices that purport to be “on behalf  of” well-known publishers. Problem is, the firms may not be working with publishers as claimed. Several leading publishers have recently been hit in this scam, which aims to get you to make payments directly to the outside company, not …