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Chapter, a Medicare advisory startup co-founded by former Republican presidential hopeful Vivek Ramaswamy, has closed a $75 million funding round at a valuation of $1.5 billion led by private equity and venture firm Stripes. The startup helps seniors choose Medicare health plans analyzing doctors, hospitals, and prescription drug coverage. Unlike many other Medicare insurance brokers,…
Contractors for the Centers for Medicare and Medicaid Services (CMS) cut access to tests for transplant patients that could show early signs of organ rejection despite expert physicians advising the opposite, a new report has found. The Health Equity in Transplantation Coalition (HEiTC) announced Friday that a Freedom of Information Act request found that Medicare…
The Inflation Reduction Act’s drug price-setting provisions have drawn significant rebuke from experts who argue that many clinical programs will ultimately be killed or never get started as a result of the act’s deleterious effects on innovation. What isn’t getting attention is how the law is reshaping Medicare in big ways. Yes, Democrats have…
Our healthcare system is complicated to understand, even if you’re perfectly healthy. However, the healthcare system can be even more horrifying if you’re living with a chronic illness like Essential Tremor. Finding a good doctor, affording medication, and reducing your overall healthcare costs can feel impossible if you’re unprepared. Besides managing your disease at home…
Once again, it’s Health Care Quality Week, when researchers and activists turn to government to fix the many serious quality problems in the U.S. health sector. Yet whenever government inserts itself into health care, low quality is the inevitable result. Government routinely mandates and subsidizes low-quality health care while blocking high-quality care. Whether it’s terrible…
A study shows that so-called “good cholesterol” may not be as healthy as previously believed. The study, published Wednesday in the journal Neurology, claims that high or low levels of high-density lipoprotein, or HDL, could increase dementia risk for older people. Researchers tracked more than 180,000 California residents through health surveys for about two years…
The Centers for Medicare and Medicaid Services (CMS) has officially named the first 10 drugs chosen for price negotiation under the Inflation Reduction Act (IRA), and while most picks were anticipated, a few of the medicines named on Tuesday came as something of a surprise. The IRA was highly specific with which Medicare-covered drugs could…
Former New Jersey Gov. Chris Christie (R) said it’s time to take a “political risk” and consider changes to Social Security and Medicare benefits for young people. Changes to the programs are necessary, or they could run out of money for everyone in about a decade as the country faces a rising national debt, the…
Many Americans who serve as caregivers are consumed by the immense cost of tending to ailing or aging family members. And as the baby boomer generation ages, more Americans are in for a rude awakening as to just how expensive caring for older adults has become. The price of nursing home care increased by an average of 2.4…
A push to have more obesity care services covered under Medicare is picking up steam in Congress, buoyed by enthusiasm for newer medications and recognition of the massive cost of chronic health issues linked to being overweight. Under the Medicare Modernization Act passed in 2003, Medicare is prohibited from covering medications used for weight loss….