The health insurance industry took advantage of Washington's infamous revolving door last week when it named former Rep. Allyson Schwartz of Pennsylvania, perceived by many to be a liberal Democrat, as the face of its latest K Street-operated front group.
One can argue that the private insurance industry should be regarded as obsolete and not worth saving. However, the ACA has extended its life, including almost $2 trillion in federal subsidies over the next ten years.
The ongoing impact of Medicare Advantage cuts imposed by CMS on the sustainability of a successful program is not only proving to be detrimental for America's seniors; it is unacceptable.
The latest CBO report indicates that despite the current (and likely temporary) slowdown in the growth of Medicare spending, the long-term trajectory is unsustainable. But recognizing the problem is only the first step; you also have to make the right reforms. Fortunately, the Medicare program already has a built-in template for effective reform: Medicare Advantage (MA).
Some denials are caused by simple billing code errors by the doctor's office or hospital. If, however, that doesn't fix the problem, here's how you appeal.
Medicare is very complicated, with its A, B, C and D parts, but before you decide to stay with what you have, there are three things you may not know that could influence your decision.
Two campaign claims are being made in Colorado's U.S. senate race about the Affordable Care Act and seniors. Political ads are often designed to scare or anger people rather than inform them, and that sure seems to be the case here.
We still spend more per capita on health care than any other country. In that sense, the law doesn't do enough to address the "real cost drivers" of medical inflation.
Retirement isn't cheap. Even though you're no longer drawing a paycheck, you still must pay for housing, food, utilities, transportation and healthcar...
Will Congress act to save taxpayers billions of dollars -- and protect the solvency of the Medicare programs -- by taking on the AMA, the drugmakers and the insurers? Don't hold your breath.
Millions of Americans are benefiting from the Affordable Care Act. And yet it remains unpopular, even among seniors, many of whom have been seeing tangible benefits since the law passed in 2010.
A year-long investigation by the Center for Public Integrity has revealed that health insurers may have fleeced taxpayers out of $70 billion in just five years.
Each day, approximately 10,000 baby boomers turn 65 -- and thereby become eligible for Medicare. Many would argue that unlike most signs of getting older, that's a good thing, considering how expensive individual health insurance has become.
Ads supposedly sponsored by the Coalition for Medicare Choices started appearing last week warning that seniors will face higher costs, fewer benefits and a loss of provider choice if Congress and the administration don't take action.
Knowing I've been both a critic of insurance company practices and a supporter of efforts to reform the industry, a FOX news producer reached out last week to get my take on accusations by conservatives that Obamacare will actually result in a bailout of big insurance companies.
Though constantly attacked by the right as a government takeover, Obamacare is by no means a not-for-profit public program. Wall Street and investors recognize the potential for profits under the ACA.