Tag Archives: Medicare

Hospitals warn Medicare public option would be an $800 billion hit to industry

Hospitals warned Tuesday that their industry would suffer an $ 800 billion cut if Democrats succeed in massively expanding Medicare. The American Hospital Association and the Federation of American Hospitals published a report concluding that allowing the public to buy in to Medicare plans at cost would not only contribute to massive budget cuts to… Read More »

Democrats seeking Obamacare fix before ‘Medicare for all’ roll out 'Medicare at 50’

Democrats on Wednesday unveiled a bill that would let people buy into Medicare beginning at age 50, casting the provision as an expansion of Obamacare. “This is the first major improvement to the Affordable Care Act,” said Rep. Brian Higgins, D-N.Y., using the formal name for Obamacare. “The one fundamental flaw that there was, not… Read More »

MGMA: Majority of practices say cost of care outweighs Medicare reimbursements

According to recent MGMA Stat Poll, healthcare organizations are struggling with the ever-widening gap between reimbursements and cost of care. Participants were asked whether their practices 2019 Medicare payment rates were above, equal to or below the cost of delivering care. More than two-thirds of medical practices reported that 2019 Medicare payments will not cover… Read More »