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 ...

Welcome back to the exchange. It's been rough and rougher for the health care sector lately. It's down 11% over the past year, while the S&P has gained 14.That's 25 points of underperformance. And my next guest says this is the worst the sector has traded ever. And it's time to joining me now is Jared Holtz.He's the healthc care sector strategist at Missou. I love the honesty, Jared, because you must be frustrated more than anyone. What has been the latest in this cascade of bad news.For sure. Um, very frus ...

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 ...

- [Narrator] Medicaid is huge. It covers nearly a quarter of Americans and costs more than $800 billion huge. But this chart is total spending.Here's what the federal government share has been, and it's projected to grow even more in the next decade. But the Republicans' "Big Beautiful Bill" is estimated to cut the spending to here, largely by lowering the number of people covered. Medicaid really started small, so how did it get so big and who's going to be affected.A quick history lesson. In 1942, Congres ...

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]

Democratic Congressman Brennan Bole of Pennsylvania. He is the ranking member on the House Budget Committee. Congressman, thank you so much for joining us.Uh I remember that just a couple of months ago, this was a major story um that Trump was planning on or had been unilaterally anyway trying to defund uh public broadcasting, foreign aid. You've seen some um opposition from some Republican senators like Susan Collins, Lisa Marowski. What do you think the likelihood is that this actually gets through with l ...