Trump Favors Big Pharma Profits Over Seniors Prescription Drug Savings.

“President Trump’s drug pricing plan will not include a call for Medicare to negotiate drug prices, a leading Democratic idea that Trump previously supported, a senior administration official said Thursday.
“We’re not calling for Medicare negotiation... — President Trump’s drug pricing plan will not include a call for Medicare to negotiate drug prices, a leading Democratic idea that Trump previously supported, a senior administration official said Thursday.
“We’re not calling for Medicare negotiation in the way that Democrats have called for,” the official said on a call with reporters previewing Trump’s speech on drug prices scheduled Friday.
However, the official said there will be other proposals to increase competition in Medicare, likely using private sector players rather than Medicare directly negotiating prices.
via The Hill.
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**Trump Favors Big Pharma Profits Over Seniors Prescription Drug Savings.**
While the President’s new plan to curtail drug costs reportedly contains some productive measures – including requiring insurers and pharmacy benefit managers (PBMs) who act as middlemen to pass manufacturer rebates onto consumers and limiting reimbursement for Medicare outpatient drugs beyond the rate of inflation – the failure to empower Medicare to bring prescription prices down is a glaring omission, but not a surprising one.

Source: bit.ly

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House GOP Votes to Gut Medicaid, Weaken Medicare & Put Seniors’ healthcare at RiskThe National Committee strongly condemns the American Health Care Act (AHCA) just passed by the House, which needlessly puts the healthcare of millions of older... — House GOP Votes to Gut Medicaid, Weaken Medicare & Put Seniors’ healthcare at Risk
The National Committee strongly condemns the American Health Care Act (AHCA) just passed by the House, which needlessly puts the healthcare of millions of older Americans in jeopardy. “Despite the bill’s name, risking the health of our nation’s most vulnerable citizens to give the wealthy an $880 billion tax cut is tremendously uncaring — and does not reflect real American values…”
More on this issue via Entitled to Know.

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Older Americans Month — slashing funds for our seniors is the wrong thing to do

OPINION | If the administration wanted to honor older Americans, would it have presented a “skinny budget” that needlessly hurts seniors?

Max Richtman, opinion contributor

May is Older Americans Month, but the Trump administration and Congressional Republicans are putting a serious damper on the celebration. Yes, candidate Trump promised not to touch Social Security, Medicare, and Medicaid.

But his administration has been actively undermining those pledges. Budget Director Mick Mulvaney — who once called Social Security a Ponzi scheme — questioned the legitimacy of Social Security Disability Insurance — and wouldn’t promise a Presidential veto of legislation to privatize Medicare (a pet project of House Speaker Paul Ryan).

President Trump champions the GOP’s American Health Care Act, which guts Medicaid, undermines the solvency of Medicare, and allows insurers to charge older Americans up to five times as much as people in their 20s.

More on this issue here via The Hill.

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Meanwhile, a President who was willing to strip more than 20 million Americans of their health coverage in the blink of an eye has the gumption to paint Democrats as “extremists” on health care. If Medicare is under threat from anyone, it’s Trump and... — Meanwhile, a President who was willing to strip more than 20 million Americans of their health coverage in the blink of an eye has the gumption to paint Democrats as “extremists” on health care. If Medicare is under threat from anyone, it’s Trump and his allies in Congress.
When it comes to healthcare – and especially seniors’ health care – Trump chooses to dwell in an Orwellian ‘opposite world’ where Republican attempts to cut and privatize Medicare are actually meant to “protect” the program. Apparently, President Trump and his GOP allies believe they must destroy Medicare in order to save it.
**You can read more from this blog post by clicking here.**

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Health Care Recommendations: Senate Finance

We are opposed to the House-passed American Health Care Act because of its adverse impact on older Americans and the Medicare and Medicaid programs and would like to see many of its proposals dropped or greatly improved in the Senate. In particular, we oppose:

Reducing the Medicare Part A Hospital Insurance trust fund’s solvency by repealing the ACA’s 0.9 percent Hospital Insurance trust fund payroll tax on wages above $200,000 per individual or $250,000 per couple. Accelerating the exhaustion of the Part A trust fund would likely lead to cuts in Medicare, including privatizing the program, that would be detrimental to current and future beneficiaries.
Driving up seniors’ out-of-pocket costs by repealing the ACA’s subsidies, based on income and the cost of health insurance, that help defray the cost of premiums. The AHCA would provide refundable tax credits ranging from $2,000 to $4,000, based solely on age. For many people age 60 and older, a $4,000 tax credit would fail to make comprehensive coverage affordable.

For the full letter please click here.

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altarum.org

The Older Americans Act in 2016: The Future is Now

On Tuesday, April 19, 2016 the Older Americans Act (OAA) was reauthorized for three years – an important bipartisan accomplishment. Enacted in July 1965 along with Medicare and Medicaid, the law is a key piece of policy that empowers the Administration for Community Living (ACL) to fund programs across the country that are dedicated to helping seniors stay in their communities.
via Altarum.

New Medicare cards a lone bright spot in identity-theft battle

Older Americans are especially vulnerable to scams and identity theft, and Medicare is doing something about it. U.S. seniors will start receiving new identification cards next year as part of an effort to protect them from the rising risk of fraud.
But that is the only good news surrounding a sweeping federal initiative to bolster fraud defenses by reducing the widespread use of Social Security numbers as identifiers throughout the government.
Medicare cards use an identifier called the Health Insurance Claim Number (HICN) - but right now it is the same as your Social Security number. Starting in April 2018, the Centers for Medicare & Medicaid Services (CMS) will be mailing new cards to enrollees that use a unique, randomly assigned number.
More on this issue can be found via Reuters.

Here are some Medicare fast facts.

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NCPSSM — President Trump’s drug pricing plan will not...

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