Biden launches new push to limit health care costs, hoping to show he can save money for families
1 year, 6 months ago

Biden launches new push to limit health care costs, hoping to show he can save money for families

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President Joe Biden on Friday plans to roll out a new set of initiatives to reduce health care costs: a crackdown on scam insurance plans, new guidance to prevent surprise medical bills and an effort to reduce medical debt tied to credit cards. Biden's remarks would build on previous initiatives to limit health care costs, with the Department of Health and Human Services releasing new estimates showing 18.7 million older adults and other Medicare beneficiaries will save an estimated $400 per year in prescription drug costs in 2025 because of the president placing a cap on out-of-pocket spending as part of last year's Inflation Reduction Act. The administration plans to limit what it calls “junk” insurance plans, such as short-term policies that can deny basic coverage as people transition between employers and still need temporary health care coverage. The president is expected to also highlight previous efforts to reduce health care costs, including a plan allowing Medicare to negotiate lower prices for prescription drugs and a $35 monthly price cap on insulin for people in Medicare Part B.

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Obamacare signups near a record 24 million, almost double than when Trump was last in office
Trending News
1 day, 11 hours ago

Obamacare signups near a record 24 million, almost double than when Trump was last in office

CNN  

CNN — Obamacare coverage has exploded in popularity during President Joe Biden’s term, fueled by more generous federal subsidies, heightened outreach and an easier enrollment process. “That is double the number of Americans who enjoy that peace of mind of having health insurance coverage under the previous administration,” Health and Human Services Secretary Xavier Becerra told reporters. “Four years in …

Biden proposes huge expansion of weight loss drug access
1 month, 1 week ago

Biden proposes huge expansion of weight loss drug access

Raw Story  

by Danny KEMP Outgoing U.S. President Joe Biden proposed Tuesday to give millions more Americans access to weight loss drugs -- but Donald Trump's incoming health chief looked set to shoot down the idea. Any plan to increase US public health insurance spending would also likely run foul of Trump's bid to slash government budgets and waste. Trump said last …

Biden proposes Medicare and Medicaid cover costly weight-loss drugs for millions of obese Americans
1 month, 2 weeks ago

Biden proposes Medicare and Medicaid cover costly weight-loss drugs for millions of obese Americans

Associated Press  

WASHINGTON — Millions of Americans with obesity would be eligible to have popular weight-loss drugs like Wegovy or Zepbound covered by Medicare or Medicaid under a new rule the Biden administration proposed Tuesday morning. The costly proposal from the U.S. Department of Health and Human Services immediately sets the stage for a showdown between the powerful pharmaceutical industry and Robert …

A look at how some of Trump’s picks to lead health agencies could help carry out Kennedy’s overhaul
1 month, 2 weeks ago

A look at how some of Trump’s picks to lead health agencies could help carry out Kennedy’s overhaul

Associated Press  

The team that President-elect Donald Trump has selected to lead federal health agencies in his second administration includes a retired congressman, a surgeon and a former talk-show host. Here’s a look at the nominees’ potential role in carrying out what Kennedy says is the task to “reorganize” agencies, which have an overall $1.7 trillion budget, employ 80,000 scientists, researchers, doctors …

Biden Administration Predicts Record Obamacare Enrollment, But Trump Takeover Looms
1 month, 2 weeks ago

Biden Administration Predicts Record Obamacare Enrollment, But Trump Takeover Looms

Huff Post  

LOADING ERROR LOADING The Biden administration said on Friday it expects another record year of health insurance enrollment through the Affordable Care Act, aka Obamacare. Open enrollment for the Affordable Care Act’s private insurance options began on Nov. 1, which means that people who don’t have access to an employer policy can buy insurance directly through one of the law’s …

Feds sue pharmacy gatekeepers over high insulin costs
3 months, 2 weeks ago

Feds sue pharmacy gatekeepers over high insulin costs

Politico  

The action is just the latest government effort to take aim at high drug costs in the U.S., where patients and insurers spend more on medicine than other countries. “The FTC’s administrative action seeks to put an end to the Big Three PBMs’ exploitative conduct and marks an important step in fixing a broken system — a fix that could …

Biden deal to lower prescription drug prices will save taxpayers $6bn next year, Democrats say
4 months, 3 weeks ago

Biden deal to lower prescription drug prices will save taxpayers $6bn next year, Democrats say

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A landmark price negotiation between pharmaceutical companies and Medicare will …

Biden admin to spend billions to blunt spike in Medicare drug premiums
4 months, 3 weeks ago

Biden admin to spend billions to blunt spike in Medicare drug premiums

Politico  

But efforts to alleviate the increase — by giving health insurers an extra $15 per member a month — have Republicans accusing the administration of attempting to buy a reprieve for a reliable voting bloc. “This is a way for the executive branch to implement a policy which has very positive political ramifications for them, but with very sketchy legal …

Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
8 months, 2 weeks ago

Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut

Associated Press  

WASHINGTON — Rarely a day goes without President Joe Biden mentioning insulin prices. “It is about political signaling in a campaign much more than it is about demonstrating for people that they benefit from the insulin cap,” said Drew Altman, president and CEO of KFF, a nonprofit that researches health care issues. There are a lot of people who don’t …

Biden and Sen. Bernie Sanders join forces to promote lower health care costs, including for inhalers
9 months ago

Biden and Sen. Bernie Sanders join forces to promote lower health care costs, including for inhalers

Associated Press  

WASHINGTON — President Joe Biden teamed up with Sen. Bernie Sanders on Wednesday to promote his administration’s efforts to lower the cost of inhalers and other health care needs, as the White House continues its effort to highlight Biden’s legislative achievements to voters ahead of the November elections. Finally.” Both men touted the lower health care costs that come through …

Biden Wants Obamacare On The Ballot In Trump Rematch
9 months, 2 weeks ago

Biden Wants Obamacare On The Ballot In Trump Rematch

Huff Post  

LOADING ERROR LOADING This article is part of HuffPost’s biweekly politics newsletter. Tens of millions of Americans now get health insurance through the Affordable Care Act, either via expanded state Medicaid programs that the ACA funds or subsidized private coverage that the ACA makes available. !” Trump also vowed that he would deliver “much better Healthcare than Obamacare for the …

Republicans rip Biden's 'reckless' $7.3 trillion budget that will 'accelerate America's decline': Top GOP members says plan is a 'another example of disregard for fiscal responsibility'
9 months, 4 weeks ago

Republicans rip Biden's 'reckless' $7.3 trillion budget that will 'accelerate America's decline': Top GOP members says plan is a 'another example of disregard for fiscal responsibility'

Daily Mail  

House Republican leadership tore into President Biden's new budget plan for fiscal year 2025, deeming it a 'roadmap to accelerate America's decline.' House Republican leadership tore into President Biden's new budget plan for fiscal year 2025, deeming it a 'roadmap to accelerate America's decline' The White House plans to pay for its ambition agenda - which includes $3 billion for …

Previewing Biden’s State of the Union as president charges towards 2020 rematch
10 months ago

Previewing Biden’s State of the Union as president charges towards 2020 rematch

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. She also said Mr Biden would use the annual message to Congress to “talk …

‘Obamacare’ sign-ups surge to 20 million, days before open enrollment closes
11 months, 4 weeks ago

‘Obamacare’ sign-ups surge to 20 million, days before open enrollment closes

Associated Press  

WASHINGTON — Some 20 million people have signed up for health insurance this year through the Affordable Care Act marketplaces, a record-breaking figure. “But extreme Republicans have blocked these efforts at every turn.” The nation’s top health official on Wednesday credited piqued interest in the coverage with an aggressive campaign to get people enrolled. The administration has also invested millions …

Biden says that all 10 drugs targeted for the first Medicare price negotiations will participate
1 year, 3 months ago

Biden says that all 10 drugs targeted for the first Medicare price negotiations will participate

Associated Press  

WASHINGTON — President Joe Biden announced Tuesday that the manufacturers of all of the first 10 prescription drugs selected for Medicare’s first price negotiations have agreed to participate, clearing the way for talks that could lower their costs in coming years and give him a potential political win heading into next year’s election. In announcing that price negotiations will go …

Biden’s Medicare price negotiation push is broadly popular. But he’s not getting much credit
1 year, 3 months ago

Biden’s Medicare price negotiation push is broadly popular. But he’s not getting much credit

Associated Press  

WASHINGTON — President Joe Biden is trumpeting Medicare’s new powers to negotiate directly with drugmakers on the cost of prescription medications — but a poll shows that any immediate political boost that Biden gets for enacting the overwhelmingly popular policy may be limited. Even among the Americans who support allowing Medicare to negotiate drug prices, approval of Biden’s handling of …

5 things to know about the new drug pricing negotiations
1 year, 4 months ago

5 things to know about the new drug pricing negotiations

Salon  

The Biden administration has picked the first 10 high-priced prescription drugs subject to federal price negotiations, taking a swipe at the powerful pharmaceutical industry. But that would be true only if companies aren't already pricing their drugs as high as the private market will bear, said Tricia Neuman, executive director of KFF's program on Medicare policy. At least six drug …

The Biden administration unveils the first 10 medications up for price negotiation
1 year, 4 months ago

The Biden administration unveils the first 10 medications up for price negotiation

NPR  

The Biden administration unveils the first 10 medications up for price negotiation A MARTÍNEZ, HOST: About a quarter of adults in the U.S. say they have to take four or more prescription medications. The Biden administration has picked 10 medications to start negotiating lower prices for Medicare patients, and it's overriding an argument from the pharmaceutical industry that reduced profits …

10 drugs targeted for Medicare price negotiations as Biden pitches cost reductions
1 year, 4 months ago

10 drugs targeted for Medicare price negotiations as Biden pitches cost reductions

Associated Press  

WASHINGTON — President Joe Biden touted the potential cost savings of Medicare’s first-ever price negotiations for widely used prescription drugs on Tuesday as he struggles to convince Americans that he’s improved their lives as he runs for reelection. Currently, pharmacy benefit managers that run Medicare prescription plans negotiate rebates off a drug’s price. The new drug price negotiations aim “to …

US names 10 prescription drugs subject to price negotiations
1 year, 4 months ago

US names 10 prescription drugs subject to price negotiations

Al Jazeera  

Move is expected to cut costs for some patients but faces lawsuits from drugmakers and heavy criticism from Republicans. US President Joe Biden’s administration has released a list of 10 prescription medicines that will be subject to the first-ever price negotiations by the United States Medicare health programme, a move that could affect tens of millions of people. Biden’s signature …

Biden targets 10 drugs for Medicare price negotiations
1 year, 4 months ago

Biden targets 10 drugs for Medicare price negotiations

LA Times  

President Biden spoke at Irvine Valley College on Oct, 14, 2022, about his actions to protect and strengthen Medicare and Social Security. President Biden touted the potential cost savings of Medicare‘s first-ever price negotiations for widely used prescription drugs on Tuesday as he struggles to convince Americans that he’s improved their lives as he runs for reelection. Currently, pharmacy benefit …

Biden launches a new push to limit healthcare costs, hoping to show he can save money for families
1 year, 6 months ago

Biden launches a new push to limit healthcare costs, hoping to show he can save money for families

LA Times  

President Biden on Friday rolled out a new set of initiatives to reduce healthcare costs: a crackdown on scam insurance plans, new guidance to prevent surprise medical bills and an effort to reduce medical debt tied to credit cards. Biden’s remarks will build on previous initiatives to limit healthcare costs, with the Department of Health and Human Services releasing new …

The Biden Administration Deserves Credit For Recent IRA Win
1 year, 6 months ago

The Biden Administration Deserves Credit For Recent IRA Win

Huff Post  

President Joe Biden speaks about prescription drugs costs at the University of Nevada on March 15. But that’s not how things work anymore, thanks to the Inflation Reduction Act ― you know, the law that President Joe Biden and the Democratic Congress spent more than a year debating before finally enacting it in August 2022 and that almost everybody seems …

Medicaid plans to audit the prices of costliest drugs
1 year, 7 months ago

Medicaid plans to audit the prices of costliest drugs

Associated Press  

WASHINGTON — The Biden administration said Tuesday it is planning to conduct a yearly audit to verify the prices drug makers charge on a handful of the costliest prescriptions covered by Medicaid. Under the proposal, the Centers for Medicare and Medicaid Services would require as many as 10 drug makers every year to furnish the government with proprietary and non-proprietary …

Biden says he’s focused ‘intensely’ on lowering drug costs
1 year, 9 months ago

Biden says he’s focused ‘intensely’ on lowering drug costs

Associated Press  

LAS VEGAS — President Joe Biden on Wednesday said his administration was focused “intensely” on lowering health care costs and took aim at “MAGA” Republicans who he said are intent on dialing back Medicare coverage for millions of Americans. “Let’s protect the lower prescription drug costs for everyone” Already, the legislation caps the price of insulin at $35 for disabled …

Why Medicare is suddenly under debate again
1 year, 9 months ago

Why Medicare is suddenly under debate again

NPR  

Why Medicare is suddenly under debate again Enlarge this image toggle caption d3sign/Getty Images d3sign/Getty Images The White House released President Biden's $6.8 trillion proposed budget last week, listing his priorities for the upcoming fiscal year. NPR's Michel Martin, as co-host of All Things Considered, sat down this week with veteran health care journalist Julie Rovner, of Kaiser Health News, …

Healthcare coverage for millions in U.S. will turn on a debate emerging in Washington
1 year, 9 months ago

Healthcare coverage for millions in U.S. will turn on a debate emerging in Washington

LA Times  

President Biden used his State of the Union speech to bait Republicans into a fight over Medicare. Biden’s plan will “ask the wealthiest to pay a little more to ensure that this program is around for at least 25 more years for our seniors who need it,” White House budget director Shalanda Young told reporters in unveiling the spending plan …

Biden wants to tax people with large incomes to fund Medicare
1 year, 10 months ago

Biden wants to tax people with large incomes to fund Medicare

Firstpost  

Washington: U.S. President Joe Biden will propose raising the Medicare tax on high earners to help keep the federal insurance program solvent as part of his budget to be released on Thursday, the White House said. The tax increase is part of a package of proposals aimed at extending the solvency of the Medicare’s Hospital Insurance Trust Fund by at …

Biden will seek Medicare changes, up tax rate in new budget
1 year, 10 months ago

Biden will seek Medicare changes, up tax rate in new budget

The Hindu  

President Joe Biden wants to increase taxes to boost funding for Medicare and expand the programme's ability to negotiate lower costs for prescription drugs, according to advance details of his budget proposal being released later this week. The Medicare tax rate would rise from 3.8% to 5% on income exceeding $400,000 per year, including salaries and capital gains. “This modest …

Feds expect to collect $4.7B in insurance fraud penalties
1 year, 11 months ago

Feds expect to collect $4.7B in insurance fraud penalties

Associated Press  

WASHINGTON — The Biden administration estimated Monday that it could collect as much as $4.7 billion from insurance companies with newer and tougher penalties for submitting improper charges on the taxpayers’ tab for Medicare Advantage care. Federal watchdogs have been sounding the alarm for years about questionable charges on the government’s private version of the Medicare program, with investigators raising …

Record 16.3 million seek health coverage through ‘Obamacare’
1 year, 11 months ago

Record 16.3 million seek health coverage through ‘Obamacare’

Associated Press  

WASHINGTON — A record 16.3 million people sought health insurance through the Affordable Care Act this year, double the number covered when the marketplaces first launched nearly a decade ago, the Biden administration announced Wednesday. The low-cost plans, which offer zero dollar-premiums for some entering the marketplace, have reversed what was a flat market for the Obama-era health law, said …

Biden administration proposes crackdown on scam Medicare ads
2 years ago

Biden administration proposes crackdown on scam Medicare ads

Associated Press  

WASHINGTON — The Biden administration on Wednesday proposed a ban on misleading ads for Medicare Advantage plans that have targeted older Americans and, in some cases, convinced them to sign up for plans that don’t cover their doctors or prescriptions. The proposed rule “takes important steps to hold Medicare Advantage plans accountable for providing high quality coverage and care to …

Biden pushing lower prescription drug costs in midterm press
2 years, 2 months ago

Biden pushing lower prescription drug costs in midterm press

Associated Press  

IRVINE, California — President Joe Biden is highlighting his administration’s efforts to lower prescription drug costs on Friday as part of his three-state Western tour this week, as he confronts a sobering inflation report in the waning weeks before midterm elections. And on a month-to-month basis, such “core” prices soared 0.6% for a second straight time, defying expectations for a …

Millions of Americans will save on Medicare fees next year
2 years, 3 months ago

Millions of Americans will save on Medicare fees next year

Associated Press  

WASHINGTON — For the first time in a decade, Americans will pay less next year on monthly premiums for Medicare’s Part B plan, which covers routine doctors’ visits and other outpatient care. “That can really be used to pay off credit cards, to restock pantries that have gotten low because people can’t afford to buy as much today as they …

Biden bill to help millions escape higher health care costs
2 years, 4 months ago

Biden bill to help millions escape higher health care costs

Associated Press  

WASHINGTON — Millions of people in the United States will be spared from big increases in health care costs next year after President Joe Biden signed legislation extending generous subsidies for those who buy plans through federal and state marketplaces. The sweeping climate, tax and health care bill sets aside $70 billion over the next three years to keep out-of-pocket …

In Biden’s big bill: Climate, health care, deficit reduction
2 years, 4 months ago

In Biden’s big bill: Climate, health care, deficit reduction

Associated Press  

WASHINGTON — The biggest investment ever in the U.S. to fight climate change. Republicans deride the 730-page bill as big government overreach and point particular criticism at its $80 billion investment in the IRS to hire new employees and go after tax scofflaws. Here’s what’s in the estimated $740 billion package — made up of $440 billion in new spending …

What’s in Democrats’ big bill? Climate, health care, savings
2 years, 5 months ago

What’s in Democrats’ big bill? Climate, health care, savings

Associated Press  

WASHINGTON — Not as robust as the proposal President Joe Biden once envisioned to rebuild America’s public infrastructure and family support systems, the Democrats’ compromise of health care, climate change and deficit-reduction strategies is still a substantial undertaking. Those include capping prescription drug costs at $2,000 out of pocket for seniors, helping Americans pay for private health insurance and what …

House passes $35-a-month insulin cap as Dems seek wider bill
2 years, 9 months ago

House passes $35-a-month insulin cap as Dems seek wider bill

Associated Press  

WASHINGTON — The House has passed a bill capping the monthly cost of insulin at $35 for insured patients, part of an election-year push by Democrats for price curbs on prescription drugs at a time of rising inflation. Experts say the legislation, which passed 232-193 Thursday, would provide significant relief for privately insured patients with skimpier plans and for Medicare …

Biden puts focus on drug prices in fight against inflation
2 years, 10 months ago

Biden puts focus on drug prices in fight against inflation

Associated Press  

CULPEPER, Virginia — Unable to tame inflation that has worsened sharply under his watch, President Joe Biden stressed Thursday that his administration’s policies would cut prescription drug prices and make life more affordable for families. Prescription drugs remain a politically safe focal point for Biden’s visit, and Spanberger said the president was right to push forward on it. Biden’s drug …

Biden puts focus on drug prices as he tries to revive agenda
2 years, 10 months ago

Biden puts focus on drug prices as he tries to revive agenda

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President Joe Biden is trying to jump-start progress on his …

14.5M get health care under Obama law, with help from Biden
2 years, 11 months ago

14.5M get health care under Obama law, with help from Biden

Associated Press  

WASHINGTON — At least 14.5 million Americans are getting private health insurance for this year under the Obama-era health law, thanks to help from the Biden administration. “Health care should be a right, not a privilege, for all Americans,” President Joe Biden said Thursday in a statement announcing the numbers. Separately, the Department of Health and Human Services said the …

Biden touts savings on insulin and other drugs for Americans
3 years, 1 month ago

Biden touts savings on insulin and other drugs for Americans

Associated Press  

WASHINGTON — President Joe Biden pledged Monday that his social agenda legislation would deliver tangible savings on prescription drugs for all Americans. “I’m committed to using every tool I have to lower prescription drug costs for Americans consistent with the drug companies getting a fair return on their investment,” he added. In a statement following Biden’s speech, Stephen J. Ubl, …

Biden touts savings on insulin and other drugs for Americans
3 years, 1 month ago

Biden touts savings on insulin and other drugs for Americans

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President Joe Biden pledged Monday that his social agenda legislation …

Sanders to Biden: Cut back looming Medicare premium hike
3 years, 1 month ago

Sanders to Biden: Cut back looming Medicare premium hike

Associated Press  

WASHINGTON — Sen. Bernie Sanders is asking the White House to cut back a big Medicare premium hike set to take effect in weeks and tied to a pricey Alzheimer’s drug whose benefits have been widely questioned. In a letter Friday to President Joe Biden, the Vermont Independent called on the president to act immediately to prevent the portion of …

Dems see progress in adding drug cost curbs to budget bill
3 years, 2 months ago

Dems see progress in adding drug cost curbs to budget bill

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Democrats have made significant progress toward adding compromise provisions curbing …

Agonizing choices as Dems debate shrinking health care pie
3 years, 3 months ago

Agonizing choices as Dems debate shrinking health care pie

Associated Press  

WASHINGTON — Democrats are debating how to divide up what could be a smaller serving of health care spending in President Joe Biden’s domestic policy bill, pitting the needs of older adults who can’t afford their dentures against the plight of uninsured low-income people in the South. Health care is foundational to Biden’s $3.5 trillion domestic policy bill, which touches …

Biden on anti-mask ordinances: ‘This isn’t about politics – this is about keeping our children safe’
3 years, 4 months ago

Biden on anti-mask ordinances: ‘This isn’t about politics – this is about keeping our children safe’

CNN  

CNN — President Joe Biden on Thursday hit out at anti-masking protesters for politicizing the Covid-19 pandemic, saying he was particularly disturbed by scenes at a school board meeting in Tennessee earlier this week. During remarks on his plan to lower prescription drug costs, Biden said there are people in America who are “trying to turn a public safety measure, …

Here’s what the Supreme Court’s Affordable Care Act ruling means for you
3 years, 6 months ago

Here’s what the Supreme Court’s Affordable Care Act ruling means for you

CNN  

CNN — The Affordable Care Act remains the law of the land. Roughly 31 million people have coverage thanks to the Affordable Care Act, including through the Obamacare exchanges and the expansion of Medicaid to low-income adults. Here’s how the law has reshaped American health care: Individual market The Affordable Care Act has had the greatest impact on the individual …

Biden turns to Obama to help boost health care enrollment
3 years, 7 months ago

Biden turns to Obama to help boost health care enrollment

Associated Press  

WASHINGTON — President Joe Biden turned to his old boss, former President Barack Obama, on Saturday to help him encourage Americans to sign up for “Obamacare” health care coverage during an expanded special enrollment period in the pandemic. “We always talked about how, if we could get the principle of universal coverage established, we could then build on it.” The …

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