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10 drugs targeted for Medicare price negotiations as Biden pitches cost reductions
08/30/2023 11:36:14 AM PDT · by Red Badger · 47 replies
WASHINGTON (AP) — President Joe Biden, struggling to convince Americans that he's improved their lives as he runs for reelection, hailed his administration's Tuesday announcement that several drugs would be targeted for Medicare's first-ever price negotiations. The drugs include the blood thinner Eliquis, diabetes treatment Jardiance and eight other medications. The negotiation process was authorized under the Inflation Reduction Act, which Biden signed last year, capping decades of debate over whether the federal government should be allowed to haggle with pharmaceutical companies. Any lower prices won't take effect for three years, and the path forward could be further complicated by...

Biden's HHS Secretary Becerra threatens states and medical providers with loss of Medicare dollars if they don't provide genital mutilation surgeries
06/27/2023 9:13:36 PM PDT · by SeekAndFind · 44 replies
American Thinker ^ | 06/27/2023 | Thomas Lifson
Despite two circuit courts ruling against HHS regulations seeking to compel genital mutilation surgeries by health care providers, HHS secretary Xavier Becerra threatens to find ways around the judicial restraints. Biden HHS Secretary Xavier Becerra threatens states and organizations that don't provide sex reassignment surgeries and puberty blockers for minors: "If you want that Medicaid dollar to come to your state, we're going to make sure you check the box." — RNC Research (@RNCResearch) June 26, 2023Is there any other life-altering, irreversible change that the federal government wants children to be able to decide on by themselves?Is there any...

Merck sues Biden administration over Medicare drug price negotiations
06/06/2023 6:39:26 AM PDT · by Oldeconomybuyer · 20 replies
CNBC ^ | June 6, 2023 | By Spencer Kimball
Global drugmaker Merck on Tuesday sued the Biden administration over Medicare’s new powers to substantially reduce drug prices for seniors under the Inflation Reduction Act, the opening salvo in the pharmaceutical industry’s efforts to weaken the program. In a scathing complaint filed in federal district court, Merck excoriated the negotiation process as a “sham” and “tantamount to extortion.” The drugmaker accused the federal government of employing what the company described as an unconstitutional scheme to take private property for public use without just compensation in violation of the Fifth Amendment. The company asked the U.S. District Court for the District...

Treat Student-Loan Borrowing Like Medicare. It’s time for the federal government to reduce higher-ed costs by fiat.
04/08/2023 6:23:00 AM PDT · by karpov · 31 replies
James G. Martin Center for Academic Renewal ^ | April 5, 2023 | Chris Corrigan
I recently turned 65 and became eligible for Medicare. Like other medical insurance, Medicare requires providers who accept reimbursement to agree to a set rate for the services they provide. Since Medicare is one of the largest healthcare payers in the country, it uses its size to negotiate very low reimbursement rates, sometimes even lower than the cost to provide services. Capping reimbursements for services is one of the reasons people have health insurance; the leverage of a big insurance provider helps to keep costs low. If Medicare paid whatever the provider billed, the system would soon go bankrupt. And...

Hypocritical Joe Biden Goes Through With Cut to Medicare Advantage 2024 Rate
04/01/2023 9:04:40 PM PDT · by SeekAndFind · 28 replies
Red State ^ | 04/01/2023 | Nick Arama
We’ve written about the hypocritical nature of Joe Biden’s attacks on the Republicans over Social Security and Medicare, with the Biden administration targeting Medicare Advantage. Almost 50 percent of the people eligible for Medicare opt for Medicare Advantage, so anything that would affect the program could affect a lot of people.We reported back in February about how Biden got fact-checked by Twitter that month for lying about the Republicans. But that was particularly disgraceful, when he was proposing moves that could result in cuts to payments to Medicare Advantage insurers.The 2024 Medicare Advantage and Part D Advance Notice, released in...

Biden launches battle on Capitol Hill with call for Medicare tax hike
03/08/2023 9:10:28 AM PST · by ChicagoConservative27 · 17 replies
The Hill ^ | 03/08/2023 | ALEXANDER BOLTON
President Biden fired the opening shots of the battle over spending and taxes that will consume Capitol Hill this year when he proposed on Tuesday a 5 percent Medicare surtax on people who earn more than $400,000 a year. The White House is hailing the proposal, which is part of Biden’s budget plan, as something that will extend Medicare’s solvency by 25 years, but Republicans are slamming it as a “massive” tax hike and key Democrats are ducking for cover, declining to say whether they will back it. The proposal reopens the fierce political battle that wracked Capitol Hill more...

Biden Proposes to Raise Taxes on High Earners to Avert Medicare Funding Crisis WaPo
03/07/2023 5:31:57 AM PST · by Oldeconomybuyer · 31 replies
Reuters via USN ^ | March 7, 2023 | by Shivani Tanna
(Reuters) - The White House will propose raising taxes on people earning more than $400,000 and reduce what Medicare pays for prescription drugs in a bid to keep the program stable, the Washington Post reported on Tuesday. "The president's budget extends the life of the Medicare Trust Fund by at least 25 years," the report said citing the plan. The White House's proposal would raise the net investment income tax, created by the Affordable Care Act, from 3.8% to 5% for all Americans earning more than $400,000 per year, according to the report.

Medicare & Insurance Data Agree: More People Are Dying Suddenly
03/02/2023 10:16:45 AM PST · by george76 · 30 replies
Emerald Robinson’s The Right Way ^ | March 1, 2023 | Emerald Robinson
2023 will be the year that Americans realize: the COVID vaccines are fatal ... The experimental COVID vaccines are beginning to work — like a bio weapon. How do we know? Because excess deaths are skyrocketing around the (vaccinated) world, and insurance companies are ringing the alarm bells since they have to pay out the claims. ... The main point to remember: this trend has already started and it’s accelerating.

Biden's Medicare 'Fix' Would Only Break Seniors Wallets
02/18/2023 7:17:23 AM PST · by GailA · 54 replies
Newsmax ^ | 2/17/23 | Jared Whitley
President Joe Biden and his supporters in Congress are positioning themselves as the protectors of entitlement programs, especially Social Security and Medicare. "So tonight, let’s all agree to stand up for seniors," he said in the State of the Union address. "Stand up and show them we will not cut Social Security. We will not cut Medicare." Notwithstanding the fact that the Biden administration is spending us into the poor house — making long-term entitlement appropriations impossible — but Biden is indeed planning a Medicare cut. And in the worst possible area of the program: Medicare Advantage.

Biden in 1995: ‘When I Argued That We Should Freeze Federal Spending, I Meant Social Security as Well. I Meant Medicare and Medicaid’
02/10/2023 11:15:08 AM PST · by Olog-hai · 7 replies
Cybercast News Service ^ | February 9, 2023 | 12:07pm EST | Melanie Arter
President Joe Biden has been accusing Republicans of trying to cut Social Security and Medicare, but it was Biden who proposed that very thing back in 1995 when he was a senator debating the Balanced Budget Amendment. In a speech on the Senate floor on Jan. 31, 1995, then-Sen. Biden said that Congress should be honest with the American people about how much something will cost, and how Congress intends to balance the budget. […]I look at the polls out there. For example, I want to go on record, and I am up for reelection this year, and I will...

Republicans Must Take the Lead in Reforming Social Security and Medicare: The last president to reform Social Security was Ronald Reagan. Republicans need to follow his example
02/10/2023 6:57:04 AM PST · by SeekAndFind · 52 replies
American Thinker ^ | 02/10/2023 | William Manning
The last president to reform Social Security was Ronald Reagan. He formed the Greenspan Commission to formulate solutions to problems the program faced. Reagan then worked with speaker of the House Tip O'Neill to enact the solutions. Social Security as we know it would have ended decades ago had he not been successful.During the 2022 elections, Democrats claimed that Republicans would "end" Social Security and Medicare if elected. On January 26, President Biden proclaimed, "Here's the deal: they want to cut your Social Security and Medicare." At the State of the Union address, Biden doubled down, saying, "Republicans want Social...

Scott invites Biden to debate on Social Security, Medicare
02/09/2023 12:58:59 PM PST · by ChicagoConservative27 · 19 replies
The Hill ^ | 02-09-2023 | JARED GANS
Sen. Rick Scott (R-Fla.) invited President Biden to debate over Social Security and Medicare on Thursday while the president is in Florida after days of the White House and the GOP sparring over whether the programs are at risk of facing funding cuts. “Since you can’t stop talking about me and lying to Floridians about Social Security and Medicare, I’m sure you’ll accept my invitation to debate the issue,” Scott wrote on Twitter. “I’ll be back in Florida tonight. You pick the time and place.”

The 3 Biggest Lies From Biden’s State of the Union Address: On Jobs, Inflation, Social Security and Medicare
02/08/2023 8:23:32 PM PST · by SeekAndFind · 9 replies
Red State ^ | 02/08/2023 | Justin Haskins
The opinions expressed in guest op-eds are those of the writer and do not necessarily represent the views of president’s State of the Union Address offered an important opportunity for Joe Biden to set a new tone for his administration. After many years of extreme partisanship in Washington, Biden could have used this high-profile speech to reach across the aisle to Republicans, who are now in charge of the House of Representatives, to find common ground on important issues. Unfortunately, the president chose to go in a radically different direction, directly attacking Republicans, giving vague promises, and repeating the...

Schumer: Biden ‘rope-a-doped’ Republicans into ‘trap’ on Social Security, Medicare
02/08/2023 11:59:24 AM PST · by ChicagoConservative27 · 52 replies
The Hil ^ | 02-08-2023 | Al Weaver
Senate Majority Leader Charles Schumer (D-N.Y.) on Wednesday praised President Biden over his back-and-forth with Republicans on Social Security and Medicare during the State of the Union address one night earlier, saying that they walked into a “trap” he laid for them. “Joe Biden was so deft. He let them walk into his trap. He rope-a-doped them,” Schumer told “Morning Joe.” “And now all of America has seen the Republican Party say, ‘No, we’re not going to cut Social security and Medicare.’ He did a service.” During one of the most contentious points in the speech, Biden accused some Republican...

Hate of the Union: The REAL Reason Benedict Biden and Democrats Continue Gaslighting About Medicare and Social Security
02/08/2023 6:15:42 AM PST · by Red Badger · 13 replies
Liberty Daily ^ | By J.D. Rucker • Feb. 8, 2023
The vast majority of Republicans on Capitol Hill either oppose cuts to Medicare and Social Security, or they avoid the issue like the plague. It SHOULD be an issue that the “fiscally conservative” party talks about more, but Democrats have made it such a toxic topic that President Trump, Speaker Kevin McCarthy, and Senate Minority Leader Mitch McConnell are all in agreement that the GOP will not touch it. Why, then, do Democrats continue to claim Republicans are going after the two massive entitlement expenditures? At Tuesday night’s State of the Union speech, Joe Biden continued to gaslight over the...

Biden booed during State of the Union for claiming GOP wants to cut Social Security, Medicare
02/08/2023 5:39:35 AM PST · by rktman · 33 replies ^ | 2/7/2023 2220 hrs est | Joesph Wulfesohn
(No search results on this particular piece) President Biden was scolded by a wide swath of Republican lawmakers for dubiously claiming they want to cut Social Security and Medicare. During his second State of the Union address Tuesday night, Biden face strong resistance from the GOP, who he accused of wanting to take the economy "hostage." "Some of my Republican friends want to take the economy hostage, which I get it, unless I agree with their economic plans." Biden said. "All of you know should know what those plans are." "Instead of making the wealthy pay their fair share, some...

MUST READ – President Trump Warns Congress Not to Touch Social Security and Medicare, For a Good Reason, He’s The One Who Can Fix Them
01/21/2023 10:57:10 AM PST · by SoConPubbie · 25 replies
The Last Refuge ^ | January 21, 2023
President Trump transmitted a message to congress, warning them not to cut Social Security and Medicare {Direct Rumble Link}. Many politicians and pundits will look at Trump’s position from the perspective of it being good to campaign for older voters, but that’s not the core of his reasoning.In 2016 CTH was the first place to evaluate the totality of President Trump’s economic policies; specifically, as those policies related to the entitlement programs around Social Security and Medicare. We outlined the approach Trump was putting forth and the way he was approaching the issue. In the years that followed, he was...

Report: Biden Is Cutting Medicare Benefits Thru Inflation Reduction Act
11/23/2022 10:08:48 AM PST · by Mr. Mojo · 15 replies
Breitbart ^ | 23 Nov 2022 | JOEL B. POLLAK
Two economists reported Tuesday in a Wall Street Journal op-ed that President Joe Biden is cutting Medicare benefits through the so-called Inflation Reduction Act, which cuts payments for prescription drugs for seniors. Casey B. Mulligan and Tomas J. Philipson wrote: President Biden has accused Republicans of scheming to cut Medicare. In fact it is his signature legislation, the Inflation Reduction Act, that will lead to benefit cuts and premium increases for seniors. Medicare’s popular drug-coverage program is headed for a painful amputation. The private plans participating in Medicare’s prescription-drug program, known as Part D, currently draw on three sources of...

President Joe Biden in South Florida says Social Security, Medicare 'under siege' by Republicans
11/01/2022 1:45:01 PM PDT · by shadowlands1960 · 60 replies
WPTV ^ | November 1st, 2022 | Scott Sutton
Biden attacks pharmaceutical companies for raising drug costs HALLANDALE BEACH, Fla. — President Joe Biden is in South Florida where he has a full day of events scheduled in both Broward and Miami-Dade counties. The visit comes amid early voting and a week before the crucial midterm elections on Nov. 8. The president plans to hold events with Democratic gubernatorial candidate Charlie Crist and Florida senatorial candidate U.S. Rep. Val Demings.

Joe Biden Is Lying To Americans About Medicare And Social Security’s Insolvency
10/31/2022 8:25:10 PM PDT · by SeekAndFind · 14 replies
The Federalist ^ | 10/31/2022 | Christopher Jacobs
While Biden and his cronies line their own pockets, ordinary voters will get hit the hardest by Democrats’ debt denial.A dozen years ago, Democrats faced a dilemma. A long-term care entitlement known as the CLASS Act that they added to what became Obamacare faced serious solvency concerns. But after Scott Brown, R-Mass., won a shock Senate victory for Republicans in a January 2010 special election, ending Democrats’ filibuster-proof majority, Democrats didn’t have the votes to alter the CLASS Act or remove it from Obamacare.What did Democrats do? The Obama administration suppressed the internal documents showing that the CLASS Act wouldn’t...
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