Medicare

Anjaria pleaded guilty on October 31, before US District Judge Michael E. Farbiarz in Newark federal court to information charging him with conspiracy to violate the Federal Anti-Kickback statute and conspiracy to commit health care fraud, a media release said. His sentencing is scheduled for March 12.

Indian-origin lab owner in US gets 27 years in jail for Rs 3,850 crore genetic testing scam

Minal Patel conspired with patient brokers, telemedicine companies, and call centers to target Medicare beneficiaries with telemarketing calls falsely stating that Medicare covered expensive cancer genetic tests, according to prosecutors.

Biogen Alzheimer's drug slow to take off as US Medicare wrestles with coverage

Experts say Medicare could seek to lower the therapy's cost to taxpayers by limiting access to the treatment, linking coverage to real-world evidence of patient outcomes, or setting a fixed payment that combines drug reimbursement with other costs related to the treatment.

US to announce plan for Medicare, Medicaid to cover early COVID-19 vaccine: Politico

According to the plans, Medicare and Medicaid will now cover vaccines that receive emergency use authorization from the Food and Drug Administration.

COMMENT: Why Trump's rants won't make a dent in Indian IT & pharma story

The Washington Post perhaps saw it coming when during the US presidential debates, the newspaper behind the Watergate expose, asked its readers to watch the Mexican Peso before calling the winner.

Battle coming for blockbuster cholesterol drugs

The injectable drugs, known as PCSK9 inhibitors, could cost an estimated USD 7,000 to USD 12,000 per year for each person using the drug.

Experts support call for lower cancer drug prices

A group of 118 leading cancer experts have developed a list of proposals designed to reduce the cost of cancer drugs, and support a grassroots patient protest movement to pressure drug companies to charge what they deem a fair value for treatments.

In speech, Obama pushes activist govt & takes on far right

Republican President Ronald Reagan declared in 1981 that "government is not the solution to our problem; government is the problem." Fifteen years later, Democratic President Clinton declared that "the era of big government is over."

Obama may turn Medicare reform into wider health debate

US President Barack Obama could seek common ground with Republicans in the looming battle over Medicare spending by broadening the debate over entitlement reform to encompass the spiraling healthcare costs that confront a wide range of Americans.

US economy mending, oil prices a challenge: Geithner

The US economy is growing again but faces tough challenges that call for action to create jobs and foster expansion, US Treasury Secretary Timothy Geithner said on Thursday.

Obama to release 'more ambitious' deficit plan Sept 19

US President Barack Obama said on Thursday he would propose a deficit-reduction plan on Sept. 19 that will cover the cost of his jobs bill and include "modest adjustments" to Medicare and Medicaid and more taxes for the rich and corporations.

Obama, lawmakers still far apart on US debt

US President Barack Obama and top lawmakers emerged from talks on Thursday still far apart on breaking a budget deadlock and said negotiators will work through the weekend for a deal to avoid a debt default.

Wall St to Washington: Cuts alone won't fix US budget

A majority of top Wall Street bond dealers and money managers say spending cuts alone cannot solve the US budget problems and tax increases must be part of the mix.

Americans need not visit India for cheap healthcare: Obama

With spiraling healthcare cost a cause of concern in America, US President Barack Obama on Wednesday pushed for an affordable healthcare arguing that he would not like his countrymen to travel to countries like India and Mexico for cheaper treatment.

Obama to announce plan to reduce long-term deficit

President Barack Obama will lay out his approach for long-term US deficit reduction later this week, his senior adviser David Plouffe said on Sunday.

Obama to offer US deficit plan, more fights loom

With one budget fight behind him, President Barack Obama will offer a long-term plan for deficit reduction this week in preparation for bigger US spending battles ahead, the White House said on Sunday.