I agree with you Frank, lowering costs with same service and products, the current bid system cannot do this. How many times have you bid and then said, no I was only kidding? The bids are non-binding. 167 Economist against current bid system. http://www.cramton.umd.edu/papers2010-2014/comments-of-concerned-auction-experts-on-medicare-bidding.pdf I am for Market Pricing Program which they are trying to run through legislation now. http://www.cramton.umd.edu/papers2010-2014/market-pricing-program-legislation.pdf The goals for this CB are to lower costs, provide excellent service, provide name brand quality products and eliminate fraud. Home care is the most cost effective way to care for Medicare beneficiaries; however product and services are going to suffer under the latest round of bidding using this flawed method.
Video: Medicare HMO-POS Explained – Rob Merritt interviews Tony Prince in Laguna Woods, CA
Manning Conference III: The right's strategies for dominating cities and wrecking medicare
David Climenhaga, author of the Alberta Diary blog, is a journalist, author, journalism teacher, poet and trade union communicator who has worked in senior writing and editing positions with the Toronto Globe and Mail and the Calgary Herald. His 1995 book, A Poke in the Public Eye, explores the relationships among Canadian journalists, public relations people and politicians. He left journalism after the strike at the Calgary Herald in 1999 and 2000 to work for the trade union movement. Alberta Diary focuses on Alberta politics and social issues.
Medicare Trustee Warns Against State Expansion of Medicaid
Mills continued to warn about the risks to the economy of the program, but in the end, he rationalized that it would be good for the Democratic Party. He argued that Social Security itself was not sustainable and that the expansions would bankrupt the country. Mills was correct in his analysis, although his time frame was optimistic. He projected that Social Security, Medicare and Medicaid would cost only $12 billion by 1979. But by 1979, the total federal cost of the Social Security Acts (including Medicare and Medicaid) topped $1 trillion (in 2010 dollars). And it is important to note that Medicaid is both a federal and state program, and federal costs represent only about one-half of actual expenditures.
How Obamacare Will Affect Medicare Recipients in 2013
David, I sure wish you folks would come clean on the tough issues! Especially, now that you don’t have to worry about re-election again: More specifically, end-of-life treatment plans/living wills. A medicare financial expert on one of the financial news channels indicated that he suspected, "if everyone just documented their wishes for final care, we would save enough money to balance the federal budget". I believe there is fair consensus among experts that 25% of Medicare funds is spent on people in their final months of life. The suspicion is that most of us would say something to the effect: "When it’s my time just make me comfortable" versus the situation now which is, ‘without judgment, how can we keep this person alive?’. Would it be too much to ask every American to document their desires so that surviving family members don’t have feel like they are making life and death calls for a loved one?
Blog: How Medicare Works with Other Insurance
Medicaid and TRICARE (the healthcare program for U.S.armed service members, retirees, and their families) never pay first for services that are covered by Medicare. They only pay after Medicare, employer plans, and/or Medicare Supplement Insurance (Medigap) have paid.
State disability center forfeits funding over abuse
In particular, the Sonoma center had evidence of a dozen sexual assaults, but police investigators failed to order a single hospital-supervised examination for the alleged victims. Those reported assaults, all from the Corcoran unit, represent a third of the 36 documented cases of sexual abuse and molestation in the past four years at the state’s five developmental centers.
Labor’s Edge Blog : State
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California Medicare Coalition, CMC Meetings
The CMC holds periodic meetings and statewide conference calls. Every meeting or call features a special presentation addressing an important and timely topic in Medicare by knowledgeable experts on Medicare, managed care and health insurance issues. In addition, representatives from the Centers for Medicare and Medicaid Services (CMS) and the Social Security Administration are present to share updates and answer questions.
GOP plan would raise Medicare age, lower Social Security COLAs, while raising $800B in revenue
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Medicare reduces readmission penalties for most hospitals
The Medicare program has reduced financial penalties to more than 1,200 hospitals with excessive readmissions, Kaiser Health News reported. The reductions stemmed from a second correction of the formula for calculating penalties. Although most of the adjustments were slight, some hospitals saw significant reductions. The big winner of the latest adjustment was St. Claire Regional Medical Center in Morehead, Ky., which saw its penalty drop from 0.93 percent to 0.72 percent of every payment Medicare makes for a patient admitted to the hospital. >> Read the full article at FierceHealthcare