Retail prices for more than 100 widely used specialty prescription drugs surged by nearly 11 percent in 2013, according to a new AARP Public Policy Institute (PPI) report issued today. The report found that the average annual cost of a specialty medication used to treat chronic diseases and conditions rose to more than $53,000 — greater than the U.S. median income and more than twice the $23,500 median income of people on Medicare.
Since October 2012, the Medicare program has penalized hospitals when too many patients in traditional Medicare are re-hospitalized within a month of discharge. This policy appears to be having unintended consequences for patients in Medicare and in the commercial market.
A seismic change in Medicare and the rest of the U.S. health care industry began Oct. 1, when a new system of diagnostic codes — which all health providers must use to get paid — finally went into effect after a decade of controversy.
Two new studies this week have upended some basic assumptions about ovarian cancer, questioning both the survival rate of this dangerous disease and the best type of chemotherapy to improve those survival odds.
The U.S. Senate unanimously approved legislation Monday night requiring hospitals across the nation to tell Medicare patients when they receive observation care but have not been admitted to the hospital. It’s a distinction that’s easy to miss until patients are hit with big medical bills after a short stay.
The federal government popped the cap off drug spending on April 30, detailing doctor-by-doctor and drug-by-drug how Medicare and its beneficiaries spent $103 billion on pharmaceuticals in 2013.
After 17 years of kicking the proverbial can down the road, Congress has come together in bipartisan fashion to repeal and replace Medicare’s flawed formula for reimbursing doctors with an improved payment plan. With President Obama’s April 21 signature of the Medicare and CHIP Reauthorization Act (MACRA), Medicare beneficiaries can finally feel more secure in knowing that they can keep seeing their physicians each year.
Many Americans, it seems, have a hard time talking about death. Even doctors struggle to deal with the mortality of patients who they know aren’t going to make it.
It's already a bad flu season for those age 65-plus and now there's more bad news: This season's flu shot will only cut your chances of getting sick by 23 percent, compared to the more typical 60 percent in previous years, according to the Centers for Disease Control and Prevention (CDC).
Ever wonder why the magazines in your doctor’s waiting room are so out of date? One office I was in had a Golf Digest from 2012. Are our docs just trying to bore us to death? Do they put out only old magazines and keep the new ones for themselves? Or is something else going on?
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