Posts Tagged ‘seniors’
Can Cutting Off Wealthy Seniors Save Medicare? – J.D. Foster
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Complete video at: fora.tv JD Foster presents a proposal to cut the Medicare funding gap by stepping down premiums for wealthy seniors, and phasing it out completely for those making more than $660000 annually. If this proposal were to take effect, Foster predicts "you knock off 44 trillion dollars from that almost 68 trillion dollar shortfall." —– Presidents, Members of Congress, and policy analysts across the political spectrum agree Medicare, like Social Security and Medicaid, is massively unsustainable in its current form. The funding shortfalls under current law will, over time, overwhelm federal finances. Moving past general agreement over the problem toward sensible solutions requires two important steps. The first step is agreement on the quantification of the problem and the magnitude of the solution. Washington cannot make the necessary hard choices if it lacks a firm, agreed upon target. The second step is a workable, politically viable approach that can approach, if not reach the target. This panel presents an approach to determining a target and to hitting the target.
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Amarillo Biosciences Announces Australian Phase 2 Oral Interferon Clinical Trial Indicates Benefit In Preventing Influenza-Like Illness In Seniors
Amarillo Biosciences, Inc. (ABI) (OTCBB: AMAR) announced additional preliminary results from the recently completed Phase 2 clinical trial conducted in Perth, Australia at the University of Western Australia with Professors David Smith and Manfred Beilharz as principal investigators…
Possible State Cuts To Texas Seniors’ Nursing Facility Medicaid Funding Imprudent In Light Of Worsening Facility Cost Squeeze
In testimony at a Health and Human Service Commission (HHSC) hearing on possible budget reduction options, the President of the Texas Health Care Association (THCA) warned that any cuts now to Texas Medicaid payment rates for nursing home care will confront the nursing home profession with dire financial consequences…
San Diego’s PACE Program Lowering Cost For Seniors Who Want To Retain Independence
The San Diego Union-Tribune reports that an elderly care program is allowing senior citizens to retain their independence by providing medical care and home assistance through a nonprofit program.The program, St. Paul’s Program of All-Inclusive Care for the Elderly, “functions like a health maintenance organization, is the only one of its kind in the county and one of 70 nationwide…
More Seniors Considering Health Insurance Switch
A new study has found that 27% of Medicare Advantage and Supplemental Medicare insurance customers have a current intention to shop for and possibly switch their Medicare coverage. The figure is up from 20% in 2008. Over the past four years, the “intention to switch” measure has been a leading indicator of actual switching patterns.
California Physicians Applaud The U.S. House Of Representatives Vote To Protect Seniors’ Access To Care
The California Medical Association praised the U.S. House of Representatives today for passing HR 3961, legislation that will ease the difficulty seniors face in finding a physician who accepts Medicare. The bill repeals Medicare’s flawed payment structure, known as the Sustainable Growth Rate (SGR), and replaces it with a stable foundation that would encourage physician participation.
California’s Physicians And Seniors Urge Congress To Protect Access To Care By Strengthening Medicare
The California Medical Association (CMA) and AARP are calling on the U.S. House of Representatives to pass H.R. 3961, which would ease the difficulty seniors now face in finding a physician who accepts Medicare. The legislation would repeal Medicare’s flawed payment structure, known as the Sustainable Growth Rate (SGR), and replace it with a stable foundation that would encourage physician participation.
CMS Report: House Bill Will Raise Health Care Costs, Affect Seniors’ Benefits
A new report from the Centers for Medicare and Medicaid Services finds that the health overhaul bill passed by the House will raise health costs by approximately $289 billion in the next ten years. The report was requested by House Republicans and compiled by CMS’ chief actuary, Richard Foster. The
AARP Struggles To Educate Seniors About Health Care
The Hill reports: “Despite expending vast resources, the AARP has not been able to unite its own membership, Nancy LeaMond, the executive vice president of the organization’s social impact group, told reporters on Wednesday. AARP’s membership is roughly divided between Democrats, Republicans and independents, LeaMond told reporters.
Seniors Fret Cuts To Private Medicare Plans
Seniors’ number one reform concern is Medicare, which stands to face up to $500 billion in cuts over the next decade, NPR reports. About 25 percent of the savings will come from Medicare Advantage, a program of privately-operated managed care plans that provide seniors’ benefits.
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