AARP Corporate Partners
As of October 2018, nearly 73 million Americans were enrolled in Medicaid and the Children’s Health Insurance Program (CHIP), 50.7% of which were children. In Kentucky, there were over 1.2 million Medicaid/CHIP enrollees as of October 2018—nearly one fourth of the state’s population.
AARP Corporate Partners
Each June, health insurers send the government detailed cost forecasts for providing prescription-drug benefits to more than 40 million people on Medicare. No one expects the estimates to be spot on. After all, it is a tall order to predict the exact drug spending for the following year of the thousands of members in each plan.
AARP Corporate Partners
Several states are questioning the cost of using pharmacy middlemen to manage their prescription drug programs in a movement that could shake up the complex system that manages how pharmaceuticals are priced and paid for. The debate is playing out this week in an Ohio courtroom, as the state fights to release a report detailing what it paid two middlemen, CVS Health and Optum, to manage its Medicaid program’s prescription drug plans.
AARP Corporate Partners
The country’s largest Medigap insurer and an interest group for the elderly have been hit with a lawsuit accusing them of illegally diverting hundreds of millions of dollars a year. A class action lawsuit (PDF) was filed on Wednesday on behalf of “a nationwide class of Medicare-eligible individuals” who claim the insurer and AARP are diverting part of their Medigap payments to fund an illegal “rebating scheme.”
AARP Corporate Partners
Over the past few weeks, AARP—an organization that purportedly advocates on behalf of seniors—has been running advertisements claiming that the House health-care bill would impose an “age tax” on seniors by allowing for greater variation in premiums. It knows of which it speaks: AARP has literally made billions of dollars by imposing its own “tax” on seniors buying health insurance policies, not to mention denying care to individuals with disabilities.