Differences in Medicare priorities To get a sense of what’s at stake for investors at the intersection of business and politics in November, it’s easy to look at specific subsectors. Take Medicare Advantage, for example. The program covers more than 50 percent of the Medicare-eligible population, about 33 million people.3 Medicare Advantage is a type of Medicare health insurance plan offered by private companies that contract with Medicare. Advantage is publicly funded with about $460 billion in Medicare spending but is privately run by for-profit managed care companies. Eddie Yun, portfolio manager at Fidelity Select Healthcare Portfolio (), notes that…
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Firefighters responded to a home at Northeast 176th Avenue and Northeast Flanders Street, where the roof of the garage had collapsed when firefighters arrived. GRESHAM, Ore. — A couple was sent to the hospital after their home caught fire in Gresham Thursday morning. Fire alarms and smoke detectors helped the couple escape the home. Firefighters responded to a fire alarm just after 6 a.m. at a home near Northeast 176th Avenue and Northeast Flanders Road. A neighbor also called 911. Gresham Fire Battalion Chief Mike Trager said they smelled gasoline when firefighters arrived. The fire appeared to have started in…
Illustration by Mother Jones, Win McNamee/Getty Fight misinformation: Subscribe to the free Mother Jones Daily newsletter and follow the news that matters to you. Former President Donald Trump Trump has a “vision plan” to replace the Affordable Care Act, also known as Obamacare. At least, that’s what he claimed during tonight’s debate with Vice President Kamala Harris in Philadelphia. Access to affordable health care remains a major issue for Americans, according to the Pew Research Center. ABC News host Lindsey Davis asked Trump if he planned to repeal Obamacare, something he vowed to do while in office but failed to…
HAMPDEN, Maine (WABI) – A former Newburgh direct services provider will serve two and a half years in prison after admitting to relentless verbal, physical and sexual abuse of dependent clients over a three-year period at a Hampden facility.The Maine Department of Health says the facility hasn’t been licensed by the state since last year.Three other men were also charged with endangering the welfare of a dependent.I will warn you that the details of this case are extremely disturbing.Zachary Connors, 26, of Newburgh, pleaded guilty in court in Bangor, according to court records.The “grotesque and widespread” abuse of the two…
Former New York Gov. Andrew Cuomo was grilled at a congressional hearing on Tuesday as he defended his administration’s nursing home policies during the early days of the COVID-19 pandemic.During a hearing on the COVID-19 response by the Republican-led House Select Committee on Oversight and Accountability, Governor Cuomo appeared on the defensive, largely sticking to his decisions during the pandemic (including his March 2020 directive to readmit COVID-19 patients to nursing homes) and blaming the sudden increase in deaths on former President Donald Trump’s lack of leadership.Cuomo previously testified before the subcommittee at a closed-door hearing in June, and transcripts…
Janice Dean, a Fox News meteorologist whose mother-in-law and father-in-law died of COVID-19 in a nursing home along with thousands of other New York seniors, appeared at a House subcommittee hearing in Washington, D.C. on Tuesday where former Gov. Andrew Cuomo was grilled about his administration’s response to the outbreak. Dean, a frequent critic of Cuomo, shared her thoughts on his comments at the hearing with The Post’s statehouse reporter Vaughn Golden. Tuesday’s hearing was largely the same as the one we saw when reports began emerging that then-Governor Cuomo had admitted positive COVID-19 patients to nursing homes and the…
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The federal agency that oversees long-term care facilities has notified Athena Healthcare that it will no longer provide federal Medicare funding to about 200 residents at Abbott Terrace Health Center in Waterbury. The Centers for Medicaid and Medicare Services notified state officials and Athena Tuesday night that it would stop funding new patients after Sept. 10 and halt funding for all patients within 30 days because “the facility is not meeting Medicare’s basic health and safety requirements.” The unprecedented move by federal officials will effectively close the 205-bed facility because most of its residents are on Medicaid or Medicare, not…
During a congressional hearing on Tuesday, former New York Gov. Andrew Cuomo defended his administration’s response to COVID-19 in nursing homes.Governor Cuomo, whose decisions in early 2020 sparked widespread criticism, appeared before the Republican-led House Select Subcommittee on COVID-19. The hearing focused on a March 2020 directive that required nursing homes to accept recovered COVID-19 patients, a policy that some believe may have contributed to the spread of the virus among vulnerable populations.Ahead of Cuomo’s testimony, the subcommittee released a report accusing the Democrat of engaging in a “cover-up” to hide mistakes that put nursing home residents at risk.During the…
Collaborative Home Care in Greenwich, Connecticut has reaffirmed its commitment to providing superior dementia care services. Providing personalized care plans, one-on-one support, and continuing education for caregivers and families, our dedicated team ensures dementia patients live safely and comfortably in their own homes. To learn more about our top-notch dementia care services in Greenwich, visit https://collaborativehomecare.com. GREENWICH, Conn. – Bryan Knust of Collaborative Home Care proudly reaffirms the company’s commitment to providing excellent dementia care services in Greenwich, Conn. As a trusted home care agency, Collaborative Home Care consistently provides personalized care to the community, ensuring families receive the best…