For people who were blown away to learn recently that the 11 largest global pharmaceutical companies made an astonishing $711 billion in profits over the last decade, here's another measure of the industry's greed.
Here's an outrage that must be changed: Big Pharma has been systematically price-gouging the Medicare program for seniors and people with disabilities -- and raking in billions in excessive profits.
Almost all Americans who work pay into the Medicare system, but not everyone knows about the benefits they will become eligible for when they turn 65....
There's no need to debate whether the rich should be asked to shoulder more of the burden of financing Medicare because they already do. The question of the moment is how much more.
Republicans on Capitol Hill have dug themselves into a deep and narrow chasm whose walls are about to close in. In a matter of weeks, they may find themselves squeezed mercilessly between their implacable right wing and constituents feeling the pain of sequestration.
In a sharp rebuke of a New York Times investigation, an analysis by the nonpartisan CBO found that a last-minute provision added to the early January "fiscal cliff" bill could save taxpayers as much as $4 billion -- rather than costing $500 million, as the Times had claimed.
The president opened last week's State of the Union address calling for "modest" changes to contain Medicare costs. Yet, there is little consensus among lawmakers on what to do about Medicare. As this discussion unfolds, Congress must remember three key Medicare facts.
If you watched the SOTU, you might have missed the scheme that Obama unveiled that will ruin the Medicare prescription drug program, destroy pharmaceutical companies' incentive to develop new life-saving medicines and even imperil our country's economic growth. I know I missed it.
Health care reform may have been suffered some bruises at the hands of Congress and the Supreme Court that could shorten its reach and Medicare may fa...
Medicare remains an overwhelmingly popular benefit, and American families are supportive of preserving it. But some policymakers propose pushing middle- and high-income Medicare beneficiaries down a slippery slope by further increasing premiums based on their incomes.
As they grapple with a balanced strategy for addressing the deficit, members of Congress would be wise to think twice about altering one government program that is saving money and is widely popular among those it serves.
So long as the federal government grossly overpays pharmaceutical companies for drugs, what is the justification for balancing the deficit on the backs of people with Medicare?
The "Grand Bargain" promoted by Wall St. is in reality the "Great Betrayal" of the people who elected you. You, not Republicans, won a mandate to stand for people.
Medicare's 2013 open enrollment period runs from October 15 to December 7, 2012. For most current enrollees, that's the only time to make coverage changes for the coming calendar year.
Because all Medicare Part D prescription drug plans can change their costs and coverage each calendar year, comparing plans every year during the open enrollment period (which is Oct. 15 - Dec. 7) is still the best way to ensure you don't miss out on your best deal for 2013.
WASHINGTON -- Few members of Congress want to repeal Obamacare more than Rep. Steve King (R-Iowa), who has considered introducing a bill to repeal ev...
A deficit he alleges is stifling our economic growth and was caused by the Obama administration, when, in fact, he and his right-wing colleagues exploded the deficit.
We need Congress to take immediate action in support of the common sense, win-win idea of closing the gap in Medicare coverage for treatments that lower costs by bringing patients home. The longer we wait, the longer American taxpayers will be paying the hospital bill.
If you're enrolled in Medicare, mark these dates on your calendar: October 15-December 7, 2011. That's Medicare's 2012 Open Enrollment period -- and you should note that it occurs a month earlier this year than in the past.
Job-based healthcare plans now cost a whopping $15,000 per year for a family, with workers picking up $4,129 of that amount, meaning that workers' share of healthcare costs has risen a stunning 131% in 10 years.
The way Democrats deal with Bush's Medicare prescription drug benefit will determine whether they can retain their credibility as the Party of Medicare or surrender the program's future to its historical antagonists in the Republican Party.