MEDICARE

Oct 14 2024FINANCE

Retirement Woes: Why Health Costs Scare U. S. Retirees

Health costs are a major worry for U.S. retirees. Long-term care, like nursing homes and home health aides, isn't covered by Medicare. This can lead to huge bills late in life. Planning for these costs is key, says Christine Benz, director of financial planning at Morningstar. Retirement expens

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Oct 07 2024BUSINESS

Humana's Stock Dives After Medicare Rating Drop

It's been a rough week for Humana, the health insurer. Their stock has taken a big hit, dropping 23% since Monday – that’s the worst weekly fall since 2020 and the sharpest two-day drop in 15 years! The cause? Medicare is downgrading some of Humana's key health insurance plans, which could hurt thei

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Oct 04 2024BUSINESS

CVS's Healthcare Expansion: Challenges and Opportunities

CVS has been aggressively expanding its healthcare services, recently acquiring Oak Street Health for $10.6 billion and Signify Health for $8 billion in 2022. These acquisitions aim to bolster CVS's push into healthcare, a strategy also pursued by competitors like Walgreens. While some analysts sugg

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Sep 21 2024HEALTH

Healthcare in Jeopardy: A Recipe for Disaster

As the 2024 election season heats up, a new wave of Republican proposals threatens to unravel the progress made in healthcare reform. The party's aim is to repeal key provisions of the Inflation Reduction Act (IRA) and the Affordable Care Act (ACA), aiming to increase the cost of health insurance an

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Sep 17 2024HEALTH

The Unintended Consequences of Chipping Away at Healthcare Access

When it comes to restrictive abortion laws, it's not uncommon for lawmakers to claim that the sole intention is to protect the unborn. However, a recent development in the US court system has raised concerns that these efforts could have far-reaching implications for other aspects of healthcare beyo

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Sep 15 2024HEALTH

The Battle for Healthcare: A Critical Deciding Factor for Voters

As the presidential debate raged on, the issue of healthcare took center stage, with Vice President Kamala Harris and former President Donald Trump presenting their contrasting visions for the American people. But what does this mean for Georgia's voters, who have consistently ranked healthcare as o

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Sep 14 2024BUSINESS

Walgreens Cleans Up Its Act: $106M Settlement for False Payment Claims

For years, Walgreens had been padding its pockets with false payment claims from government health care programs. But now, the pharmacy chain has agreed to pay $106 million to settle allegations that it submitted claims for prescriptions that were never dispensed. The lawsuits, filed by private part

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Aug 28 2024HEALTH

A Game-Changer for Americans: The Inflation Reduction Act's Breakthrough on Medicare Drug Prices

The Inflation Reduction Act is making waves in the healthcare industry as it takes on the issue of escalating prescription drug prices, bringing relief and fairness to countless Americans. At the U.S. Department of Health and Human Services, the vision of a healthcare system where no one has to aban

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Aug 27 2024HEALTH

Brace for Impact: How a Trump/Vance Win Could Dismantle Seniors' Lifelines

In the midst of a contentious election season, a looming threat to seniors' financial stability and healthcare hangs in the balance. Kevin Roberts, leader of Project 2025, has delayed the release of his book detailing significant cuts and changes to Social Security and Medicare/Medicaid until after

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