Tag Archives: Medicare Advantage

U.S. Prosecutors Accuse Large Insurers of Paying Kickbacks for Private Medicare Plans

U.S. Prosecutors Accuse Large Insurers of Paying Kickbacks for Private Medicare Plans

The Justice Department on Thursday accused three of the nation’s largest health insurers of paying hundreds of millions of dollars in illegal kickbacks over several years to insurance brokers that steered people into private Medicare plans. Federal prosecutors also accused two of the insurers of colluding with brokers to discriminate against people with disabilities, by discouraging enrollment in the private …

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UnitedHealth shares plunge 19% after slashing profit forecast on soaring medicare costs – Times of India

UnitedHealth shares plunge 19% after slashing profit forecast on soaring medicare costs – Times of India

UnitedHealth Group (UNH) stock tumbled 19% Thursday after the company drastically cut its 2025 earnings forecast, citing significantly higher-than-expected medical costs tied to a surge in demand for outpatient and physician services within its Medicare Advantage plans.The insurer now expects adjusted earnings per share to fall between $26 and $26.50, well below its earlier guidance of $29.50 to $30 and …

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Senate Confirms Dr. Oz to Ovrsee Medicare and Medicaid

Senate Confirms Dr. Oz to Ovrsee Medicare and Medicaid

The Senate on Thursday confirmed Dr. Mehmet Oz, the celebrity TV doctor, 53-45 and mostly along party lines to lead Medicare and Medicaid, which insure nearly half of all Americans. The future of both programs is the subject of fierce debate: Republicans are contemplating significant cuts to Medicaid, which provides health care to low-income Americans. The Trump administration and G.O.P. …

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Federal Health Workers Make Up Less Than 1% of Agency Spending

Federal Health Workers Make Up Less Than 1% of Agency Spending

A few days ago, Robert F. Kennedy Jr., the health secretary, embarked on a media tour to defend his decision to lay off thousands of his department’s workers. He announced a plan last week to cut 10,000 jobs, in addition to the estimated 10,000 jobs cut through retirements and buyouts in the early weeks of the Trump administration. Mr. Kennedy …

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Dr. Oz Faces Senators at Confirmation Hearing to Oversee Medicare and Medicaid

Dr. Oz Faces Senators at Confirmation Hearing to Oversee Medicare and Medicaid

Dr. Mehmet Oz, the TV celebrity doctor, is expected to face a tense confirmation hearing on Friday, with Democratic senators planning to question how he would oversee Medicare and Medicaid now that Republicans and the Trump administration are weighing significant changes affecting millions of Americans. Among the possible plans being considered by Republican lawmakers and President Trump are severe reductions …

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Dr. Oz: How His Millions Collide With Medicare

Dr. Oz: How His Millions Collide With Medicare

Dr. Mehmet Oz, the celebrity TV doctor nominated by President Trump to oversee Medicare and Medicaid, has been a relentless promoter of controversial private insurance plans for older Americans. “I’d be signing up,” he told viewers, directing them to a call center in an episode that is still available on his YouTube channel. What Dr. Oz did not tell the …

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