Medicare Video Medicare At 40Burwell Nomination Advances.The 2010 health law, which was vague on many other details, specifically states that enrollees can receive subsidies when purchasing health insurance on an exchange "established by the state." Some 34 states, however, don't operate their own insurance exchanges, and uninsured people living in those states must go through the federal online exchange, in order to receive subsidized coverage..The Joint Committee of Taxation estimates this option would increase revenues, in other words, raise your taxes, by 1 billion from 2019 through 202The increase would be even greater after the temporary provisions of the 2017 tax legislation, that lowered rates and increased the standard deduction, expire at the end of 2025. … Continued
Patient Education At The HospitalAlzheimer's Drug Could Increase Part B Premiums for Everyone A newly approved drug to slow the progression of Alzheimer's disease is drawing criticism for it's ,000 price tag, especially given its lack of proven effectiveness. Aduhelm stirred controversy when the Food and Drug Administration's own expert advisory panel was nearly unanimous in opposing the drug's approval due to mixed results in studies of effectiveness..The BPC released its own estimate of the impacts of a coronavirus recession on Social Security, projecting that it would accelerate the depletion of the trust fund from 2035 to 202Without any changes, a depletion of the Social Security trust fund would trigger program wide benefit cuts of 23%, as benefits adjust to the level of revenues still received by the program..So it could be significant this week that a Republican member of the Federal Trade Commission, Christine Wilson, stated that she believes Medicare should have more power to negotiate drug prices. She acknowledged that her position would be controversial among her fellow Republicans because they argue that allowing Medicare to negotiate with the pharmaceutical companies would essentially allow Medicare to set drug prices and stifle development of innovative new drugs. As the year progresses, we shall see if her views make any difference. … Continued