The Trump administration said Saturday it’s freezing payments under an “Obamacare” program that protects insurers with sicker patients from financial losses, a move expected to add to premium increases next year. At stake are billions in payments to insurers with sicker customers. In a weekend announcement, the Centers for Medicare…
Read MoreTag: Medicare
The Social Security and Medicare Trust Funds Are Nearly Depleted
By Robert Romano 2026. That is when the Medicare Hospital Insurance trust fund will be depleted, according to the Board of Trustees for the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds. That is down from 2029. After that, the share of benefits paid for by revenues will drop until…
Read MoreAnother Government-Run Website Is Failing, and It’s Not HealthCare.gov
by Joel White Another government website is shortchanging consumers with inaccurate information, enrollment details presented in confusing Washington-speak, the unavailability of human support, and no easy way to search for doctors covered under your plan. No, I’m not talking about HealthCare.gov—though its shortcomings are well-documented—but rather, its older, clumsier…
Read More