The Centers for Medicare and Medicaid Services is terminating the Medicare Advantage Value-Based Insurance Design (VBID) model at the end of 2025 due to what it called the model’s “substantial and unmitigable costs to the Medicare Trust Funds.”
A grand jury in New York has indicted Luigi Mangione on charges of first degree murder, in furtherance of terrorism, in the fatal shooting of UnitedHealthcare CEO Brian Thompson. Manhattan District Attorney Alvin L. Bragg Jr. said Mangione faces a maximum penalty of life in prison without parole.
The past couple of years have seen the sharp ascendancy of Medicare Advantage to now include more than half of all beneficiaries with Medicare coverage. The alternative to the traditional fee-for-service Medicare has proven popular with consumers due to lower out-of-pocket costs and its additional benefits, such as prescription drug, vision and dental coverage. But […]
Healthcare spending is higher than before the pandemic and is being driven by increases in insurance coverage and utilization, according to new analysis released Wednesday by the Office of the Actuary at the Centers for Medicare and Medicaid Services and published by Health Affairs.
Ten startups participated in a “pitch fest” in which mDETECT Inc. took first place for its development of a highly specialized blood test using DNA sequencing to detect cancer progression, says Josh Di Frances, VP and head of incubation at LG NOVA.