HOME GET A QUOTE INSURANCE PRODUCTS REFER A FRIEND ABOUT US RESOURCES TESTIMONIALS CONTACT US  
  Find The Perfect Insurance Plan Get a Free Quote
 
  KNOWLEDGE CENTER
  Frequent Questions
  Insurance Videos
  Glossary
  News & Articles
   
     
  More News for December 5 in Insurance Industry  
 

Senate Democrats target insurance industry pay.

The AP (12/5, Werner) reported that Senate Democrats "are taking aim at insurance industry executive pay as they jockey for political advantage in a rare weekend session" on healthcare reform. Republicans, meanwhile, "are showcasing the bill's cuts to Medicare, seeking to undermine support for the legislation among older Americans and others as partisan debate rages over the sweeping remake of one-sixth of the nation's economy."

        The Washington Post (12/5, Montgomery, Murray) noted that GOP senators "continued their assault" on funding sources for reform, "targeting Democratic plans to cut payments to private insurers who serve Medicare patients and to create a new government insurance program for long-term care that would raise more than $70 billion over the next decade." Democrats" beat back both efforts. They voted 57 to 41 to preserve more than $120 billion in cuts to the Medicare Advantage program." The Senate "also voted to keep provisions to establish the Community Living Assistance Services and Support Act, or Class Act, despite concerns among centrist Democrats that the program would quickly run out of cash."

        CQ Today (12/7, Vadala, Ethridge, subscription required) says, "The Senate rejected an amendment to its healthcare overhaul bill Sunday that would limit tax deductions for insurance executives' salaries. In a 56-42 vote, the Senate fell four votes short of the 60-vote threshold needed to adopt the amendment from Blanche Lincoln (D-AR) to limit the amount health insurance companies are allowed to deduct per executive, from $1 million annually to $400,000 annually -- or whatever the compensation of the US President was for that year." Notably, "any savings from the amendment would have been required to go to the Medicare Trust Fund."

Senate approves cuts to home healthcare.

The New York Times (12/6, A35, Pear) reported, "By a vote of 53 to 41, the Senate on Saturday rejected a Republican effort to block cutbacks in payments to home health agencies that provide nursing care and therapy to homebound Medicare beneficiaries." Republicans argued that the cuts "would hurt some of the nation's most vulnerable citizens. Most Democrats supported the cutbacks, saying they would eliminate waste and inefficiency in home care. The Democrats' healthcare bill would reduce projected Medicare spending on home care by $43 billion, or 13 percent, over the next 10 years. The savings would help offset the cost of subsidizing coverage for the uninsured."

        The AP (12/6, Werner) reported, "Senate Republicans forced Democrats to vote in favor of cutting billions from providers of home care for older people as partisan debate flared Saturday during a rare weekend session on President Barack Obama's healthcare overhaul." Notably, "Democrats said those cuts, and others to Medicare private insurance plans and providers, would reduce overpayments, inefficiency, and waste in the popular program, thereby strengthening it." They pointed out that "AARP supports the overall cuts, and also produced a letter from the National Association for Home Care and Hospice in support."

        Home care patients, providers concerned about reform. The New York Times (12/5, A1, Pear) has a front-page feature on concerns by home care patients about possible funding changes. Medicare patients and nurses "are anxiously following the Congressional debate because its outcome could affect Medicare's popular home health benefit in a big way. The legislation would reduce Medicare spending on home health services, a lifeline for homebound Medicare beneficiaries, which keeps them out of hospitals and nursing homes." The impact of the legislation "on Medicare beneficiaries has been a pervasive theme in the first week of Senate debate, which is scheduled to continue through the weekend."

Obama discusses healthcare reform with Senate Democrats.

President Obama's Sunday visit to Capitol Hill to discuss healthcare reform efforts with the Senate Democratic caucus led all three network newscasts and garners front-page headlines this morning. The AP (12/7, Alonso-Zaldivar) reports that "White House spokesman Bill Burton said Obama thanked lawmakers for their work and encouraged them to move ahead on 'this historic opportunity,'" but the story, particularly on TV, generated decidedly mixed coverage for the President, with some reports noting criticism of the gathering and downplaying its importance. ABC World News (12/6, lead story, 2:10, Harris), for example, reported, "The hard facts for the President are that he still does not have the 60 votes he needs, and that [Sunday's] private, Democrats-only meeting is giving Republicans a chance to argue that the President is pursuing a purely partisan strategy here."

 

        USA Today (12/7, Fritze) reports that "the President's effort to rally wavering senators...came as one Democrat prepared to reignite a fight over abortion and others met privately in search of an agreement on a proposed government-run insurance program that has so far proved elusive." And "divisions remain in the Democratic caucus over how to structure the proposed government insurance program, known as the public option."

 

        The Washington Post (12/7, Murray, Montgomery) reports that "Obama made no mention of a government-run insurance plan, abortion, or other key issues that lawmakers are attempting to resolve," but Democrats "said they hope" the President's "address will lend fresh momentum on the eve of what could prove to be a make-or-break week." The New York Times (12/7, Herszenhorn, Pear), Bloomberg News Washington Times (12/7, Haberkorn) also cover the story.

Seniors concerned about doughnut hole showing support for health reform.

        Medicare recipients worry about loss of services. The CBS Evening News (12/6, story 2, 2:20, Mitchell) reported, "Republicans tried and failed to block cuts to home healthcare agencies in the Senate bill. Democrats say the cuts would trim projected Medicare spending by some $42 billion." CBS also noted that some Medicare recipients are concerned they will lose services. CBS (Doan) added, "In an effort to raise funds to insure more Americans, home healthcare services may take a disproportionate hit. While they currently make up about 4% of Medicare spending, Congress would seek to extract nearly 10% of overall savings from home healthcare services."

 

The Washington Post (12/6, Montgomery, Murray) reported, "On the floor and behind closed doors, the Senate wrestled Saturday with amendments that would impose additional cost-control requirements on hospitals, doctors and drug companies, squeezing out savings beyond the considerable sums those groups had already volunteered to give up. Of particular concern to seniors groups is an effort to strengthen a new independent board that would determine the future of Medicare, raising the possibility of [deeper-than-expected] cuts." These and other issues that have attracted less public attention "pose a direct threat to deals cut by the White House months ago to appease...industry groups whose opposition proved lethal to President Bill Clinton's 1994 quest for healthcare reform. ... Many Democrats view [those agreements] as overly generous."

 

        Drug industry facing pressure to provide deeper discounts as part of health reform.

Overhaul may broaden definition of healthcare.

The Los Angeles Times (12/6, Geiger, Hamburger) reported, "Acupuncturists, dietary-supplement maker, and other alternative health practitioners, some of whose treatments are considered unproven by the medical establishment, would be brought more squarely into the mainstream of American medicine under the health legislation now before the Senate." The current bill "would allow doctors to incorporate alternative health providers in some treatment plans. It also includes language that some believe could require insurance companies to expand their coverage for alternative therapies." However, "insurers and some scientific watchdogs say the measure would undermine one of the central principles of the healthcare overhaul: That the system cut costs by eliminating medical treatments that aren't proven effective."

Medical discrimination laws go into effect.

McClatchy (12/7, Hunt) reports the Genetic Information Nondiscrimination Act of 2008 will go into effect on Monday, and will prohibit "insurance companies from using family medical histories or genetic testing to deny medical insurance or set rates." In addition, a separate provision, prohibiting employers from using genetic information in hiring practices, "went into effect Saturday." Linda Robinson, a genetic counselor supervisor with the University of Texas said the new law could "really ease concerns about discrimination that is keeping people from getting these genetic tests."

 

Kaiser to pay $3.75m to settle allegations of false Medicare, Medicaid claims.

 

        The Los Angeles Times (12/4, Girion) noted that payment rules "require providers to record the presence of teaching physicians in patients' records in order to bill for services rendered by residents" and pointed out that this is "not the first time Kaiser has been sanctioned over submitting false bills to the government." In 2005, Kaiser's "Hawaii units were assessed $1.9 million in fines for submitting bills to Medicare and Medicaid for dermatology treatments that the government said were provided by an employee who was not a licensed physician's assistant."

 

        According to the San Francisco Chronicle (12/4, C2, Egelko), Kaiser denied liability in the latest allegations and "said it was settling to avoid the uncertainty of a court case." The settlement "announced Thursday, apportions $3.4 million to the federal government and $350,000 to the state."

HHS report finds rampant Medicare fraud.

The AP (12/7, Kennedy) reports, "Miami-Dade County received about half a billion dollars from Medicare in home healthcare payments intended for the sickest patients in 2008, which is more than the rest of the country combined," according to a report from the HHS Office of Inspector General released Monday. Authorities said that in "many cases" Medicare "is billed for services that are never provided." The report also found that Medicare "outlier payments for home healthcare related to diabetes in Miami was eight times the national average."

 

        Lewis Morris, the deputy inspector general of Medicare fraud, "said the vital patterns" of Medicare fraud "happen in close-knit communities because the scams require a number of participants," the Houston Chronicle (12/7, Flood) notes. "In Houston, one of four cities where prosecutors and investigators have set up special Health Care Fraud Prevention and Enforcement Action Teams, favorite scams include wheelchair and scooter scams, arthritis kits, home healthcare and a smattering of others."

Florida suit alleges deficient Medicaid care for kids.

The Miami Herald (12/6, Miller) reports that a class-action suit filed in Florida four years ago will begin on Monday. In the suit, "disabled or impoverished children whose healthcare bill is paid for by Medicaid claim they must endure long waits -- or long drives -- to find doctors or dentists who accept the insurance plan. They argue their medical care is at times so poor that it violates federal law." Attorney Stuart Singer with Boies, Schiller & Flexner, who is representing the children, said, "Unfortunately, in Florida, the Medicaid program has not come close to meeting these federal requirements. ... The Florida Legislature has for years rejected proposals from state agencies to increase reimbursement rates for healthy-kid checkups, for specialists, and for dentists, so the situation is deteriorating further."

Learn how easy and convenient shopping for health insurance can be. Get your free health insurance online quotes today!

 
     
 
© Copyright 2009 BuyMyPolicyOnline.com. All Rights Reserved. Home | Insurance Products | About Us | Resources | Testimonials | Contact Us | Privacy| Sitemap
Click To Verify
Protected by Copyscape Duplicate Content Detection Tool