Dr. Mehmet Oz, now head of the Centers for Medicare & Medicaid Services, lays it out plain: healthcare isn’t just a cost, it’s an investment to win the future. Want to fix Medicare, Medicaid, and save America trillions? Dr Oz says get people healthy, working, and off government dependency. On Decoding Retirement, Dr. Oz tells host Bob Powell that he is cutting waste within Medicare and Medicaid - and demanding results. He backs work requirements as common sense and insists medical debt must be tackled throu ...

There are more than 18 million Americans over the age of 65. Most of them have low income. Most of them are threatened by illness and medical expenses that they cannot afford.And through this new law, Mr. . President, every citizen will be able in his productive years when he's earning to ensure himself against the ravages of illness in his old age. This insurance will help pay for care in hospitals, in skilled nursing homes, or in the home.That was President Lyndon B. Johnson speaking at the signing ceremo ...

UnitedHealth Group is responding to criminal and civil requests from the US Department of Justice about its Medicare practices, the company said, confirming reports of probes that surfaced over the last two years https://t.co/c8EbITweAE ...

Morning everyone. Honored to be joined today by Whip Katherine Clark and caucus chair Pete Aguilar as we prepare to depart for the August district work period. The Trump administration and House Republicans have been a complete and total failure.These MAGA extremists promised that they were going to lower costs in the United States of America. In fact, they promised the American people that costs would go down on day one. But costs haven't gone down.They are on the way up. Inflation is up. It's the quality ...

From @WSJopinion: Medicare and Medicaid fail a basic scientific test. The programs don’t do what they claim to. If they were drugs, regulators would pull them from the market, writes @mfcannon. https://t.co/nmTZxMBQMF ...

The Best Places To Retire Abroad In 2025Mexico gives retirees the unusual ability to return to the U.S. and use Medicare—although Mexican healthcare is adequate and inexpensive, especially medications. https://t.co/MejbJPoayp (Photo: Carlos Flores/iStock via Getty Images) https://t.co/BSCC1dCQ1q ...

Healthcare Sector Performance - Healthcare sector has underperformed the S&P by 25 percentage points over the past year, with the sector down 11% while the S&P gained 14% [1] - Healthcare sector has only outperformed when the overall market was down [2] - In 2022 and 2023, the healthcare sector underperformed the market by over 20% annually [8] Challenges in Specific Areas - Large cap pharma is facing issues [3] - Managed care companies like Centene, Molina, and Elevance have experienced significant challenges [3] - UnitedHealth Group, one of the largest healthcare companies, has lost 50% of its market capitalization this year [5] - Higher utilization in the system, particularly in Medicaid, is a headwind [5][6] - Potential changes to Obamacare and Medicaid coverage are creating uncertainty [7] Potential Investment Opportunities - Some investors are starting to see the current situation as a potential entry point [7] - The question remains whether these stocks are value stocks or value traps [8] - Need to see numbers reset and Medicare/Medicaid rates reestablished [9] - Procedure volume backdrop needs to improve [9]

Humana lost its lawsuit seeking to reverse cuts to its Medicare bonus payments, a blow for the insurer that had hoped the court would restore billions in revenue https://t.co/ODzGjwKMcT ...

Medicaid Overview - Medicaid covers nearly a quarter (25%) of Americans and costs over $800 billion [1] - Medicaid initially started small but has expanded significantly over time [1][5] - Medicaid's funding logic, involving federal assistance to states, has made it both contentious and prone to expansion [6] - Each state's Medicaid program is unique, tailored to its population [7] Healthcare Coverage in the US - Most working-age adults obtain insurance through employers, while others rely on public programs like Medicaid and Medicare [9] - The Affordable Care Act (ACA) created the healthcaregov marketplace, offering tax credits to make insurance affordable for those ineligible for Medicaid but lacking employer coverage [10] - The US healthcare system is described as "patchwork," with recent years seeing record lows in the number of uninsured individuals [10] Potential Impact of Policy Changes - Proposed changes are estimated to cause 87 million (8700000) people to become uninsured due to work requirements and administrative barriers [11] - An estimated 42 million (4200000) people could lose coverage because tax credits for the marketplace are not being extended, making it unaffordable [11] - Medicaid has grown to fill gaps in employer-based coverage, but this gap is now expected to widen [12]

Social Security Concerns - Social Security's retirement fund could be depleted in approximately 8 years, potentially leading to a benefit cut of about 23% [1] - The depletion date for the Old-Age and Survivors Insurance (OASI) fund has moved forward by about 6 months due to the Social Security Fairness Act, and another 3 months due to lower fertility rates and worker-to-retiree ratio [7][8][12] - A couple retiring in the year of insolvency could face a $16,500 reduction in their annual benefits [13] - For a single person with a primary insurance amount (PIA) of $3,500 claiming at age 70, benefits could drop by $12,000 annually after the potential cut [15] - For a couple where one spouse has a PIA of $3,500 and the other $2,500, claiming at 70, their combined benefits could drop by $20,000 annually [15][16] Medicare Challenges - The Hospital Insurance (HI) trust fund (Medicare Part A) is projected to be depleted by 2033, three years earlier than the previous projection [5] - Medicare Part B premiums are expected to continue rising, with an example projection using a 6% annual increase [40][41] - Changes in Part D (prescription drug coverage) are causing significant price increases for consumers, with some monthly charges jumping from $3.30 to $35.90 [43][44] Healthcare Coverage Issues - Potential Medicaid cuts and changes to the Affordable Care Act (ACA) could result in approximately 8 million people losing Medicaid coverage and another 8 million losing ACA coverage [1][46] - Proposed changes to ACA enrollment involve stricter requirements and shorter enrollment windows, potentially leading to people losing coverage inadvertently [50][51]