WASHINGTON — Medicare’s financial future is looking brighter despite a growing wave of baby boomers reaching retirement. Getting relief from a slowdown in health care spending, the program’s giant hospital trust fund won’t be exhausted until 2030, the government said Monday. That’s four years later than last year’s estimate. As for Social Security, its massive […]
Tag Archive | "Report"
Senate examines precious metal scams
Posted on 01 May 2014.
By Jennifer C. Kerr WASHINGTON — Some seniors worried about stock market swings look to gold and other precious metals as a safe investment. But, too often, they’ re scammed by telemarketing con artists who wipe out retirement nest eggs after promising huge profits and low risk — but don’ t mention whopping, hidden fees. […]
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More diseases to blame on smoking
Posted on 28 February 2014.
It’s no secret that smoking causes lung cancer. But what about diabetes, rheumatoid arthritis and erectile dysfunction?
Posted in HealthComments (1)
Medicare paid $5.1B for poor nursing home care
Posted on 28 February 2013.
By Garance Burke SAN FRANCISCO — Medicare paid billions in taxpayer dollars to nursing homes nationwide that were not meeting basic requirements to look after their residents, government investigators have found. The report, released Thursday by the Department of Health and Human Services’ inspector general, said Medicare paid about $5.1 billion for patients to stay […]
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Aging workforce strains Social Security, Medicare
Posted on 24 April 2012.
By Stephen Ohlemacher WASHINGTON — An aging population and an economy that has been slow to rebound are straining the long-term finances of Social Security and Medicare, the government’s two largest benefit programs. Those problems got new attention Monday as the trustees who oversee the massive programs released their annual financial reports. Medicare is in […]
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Competition cuts down Medicare fraud
Posted on 19 April 2012.
By Ricardo Alonso-Zaldivar WASHINGTON — A yearlong experiment with competitive bidding for power wheelchairs, diabetic supplies and other personal medical equipment produced $200 million in savings for Medicare, and government officials said Wednesday they are expanding the pilot program in search of even greater dividends. The nine-city crackdown targeting waste and fraud has drawn a […]
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