Tag: Cost

Meta’s AI memorised books verbatim – that could cost it billions

Meta’s AI memorised books verbatim – that could cost it billions

Artificial intelligence (AI) has become a hot topic in the tech world, with billions of dollars on the…

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These Luxe-Looking PrettyGarden Pieces Cost Less Than

These Luxe-Looking PrettyGarden Pieces Cost Less Than $30

Summer is here, and it's time to revamp your wardrobe with affordable and stylish pieces from Walmart's PrettyGarden…

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Why Costco Stock (COST) May Be a Smarter Investment Than Big Tech

Why Costco Stock (COST) May Be a Smarter Investment Than Big Tech

Costco (COST) has long been a market favorite, but its current valuation has even the most bullish investors…

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Eliminating Waste, Fraud, and Abuse in Medicaid My Administration has been relentlessly committed to rooting out waste, fraud, and abuse in Government programs to preserve and protect them for those who rely most on them. The Medicaid program was designed to be a program to compassionately provide taxpayer dollars to healthcare providers who offer care to the most vulnerable Americans. To keep payments reasonable, billable costs for such care were historically capped at the same level that healthcare providers could receive from Medicare. The State and Federal Governments jointly shared this cost burden to ensure those of lesser means did not go untreated. Under the Biden Administration, States and healthcare providers were permitted to game the system. For example, States “taxed” healthcare providers, but sent the same money back to them in the form of a “Medicaid payment,” which automatically unlocked for healthcare providers an additional “burden-sharing” payment from the Federal Government. Through this gimmick, the State could avoid contributing money toward Medicaid services, meaning the State no longer had a reason to be prudent in the amount of reimbursement provided. Instead of paying Medicare rates, many States that utilize these arrangements now pay the same healthcare providers almost three times the Medicare amount, a practice encouraged by the Biden Administration. These State Directed Payments have rapidly accelerated, quadrupling in magnitude over the last 4 years and reaching 0 billion in 2024 alone. This trajectory threatens the Federal Treasury and Medicaid’s long-term stability, and the imbalance between Medicaid and Medicare patients threatens to jeopardize access to care for our seniors. I pledged to protect and improve these important Government healthcare programs for those that rely on them. Seniors on Medicare and Medicaid recipients both deserve access to quality care in a system free from the fraud, waste, and abuse, that enriches the unscrupulous and jeopardizes the programs themselves. We will take action to continue to love and cherish the Medicare and Medicaid programs to ensure they are preserved for those who need them most. The Secretary of Health and Human Services shall therefore take appropriate action to eliminate waste, fraud, and abuse in Medicaid, including by ensuring Medicaid payments rates are not higher than Medicare, to the extent permitted by applicable law. This memorandum is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person. DONALD J. TRUMP

Eliminating Waste, Fraud, and Abuse in Medicaid My Administration has been relentlessly committed to rooting out waste, fraud, and abuse in Government programs to preserve and protect them for those who rely most on them. The Medicaid program was designed to be a program to compassionately provide taxpayer dollars to healthcare providers who offer care to the most vulnerable Americans. To keep payments reasonable, billable costs for such care were historically capped at the same level that healthcare providers could receive from Medicare. The State and Federal Governments jointly shared this cost burden to ensure those of lesser means did not go untreated. Under the Biden Administration, States and healthcare providers were permitted to game the system. For example, States “taxed” healthcare providers, but sent the same money back to them in the form of a “Medicaid payment,” which automatically unlocked for healthcare providers an additional “burden-sharing” payment from the Federal Government. Through this gimmick, the State could avoid contributing money toward Medicaid services, meaning the State no longer had a reason to be prudent in the amount of reimbursement provided. Instead of paying Medicare rates, many States that utilize these arrangements now pay the same healthcare providers almost three times the Medicare amount, a practice encouraged by the Biden Administration. These State Directed Payments have rapidly accelerated, quadrupling in magnitude over the last 4 years and reaching $110 billion in 2024 alone. This trajectory threatens the Federal Treasury and Medicaid’s long-term stability, and the imbalance between Medicaid and Medicare patients threatens to jeopardize access to care for our seniors. I pledged to protect and improve these important Government healthcare programs for those that rely on them. Seniors on Medicare and Medicaid recipients both deserve access to quality care in a system free from the fraud, waste, and abuse, that enriches the unscrupulous and jeopardizes the programs themselves. We will take action to continue to love and cherish the Medicare and Medicaid programs to ensure they are preserved for those who need them most. The Secretary of Health and Human Services shall therefore take appropriate action to eliminate waste, fraud, and abuse in Medicaid, including by ensuring Medicaid payments rates are not higher than Medicare, to the extent permitted by applicable law. This memorandum is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person. DONALD J. TRUMP

MEMORANDUM FOR THE SECRETARY OF HEALTH AND HUMAN SERVICES THE ADMINISTRATORS OF THE CENTERS FOR MEDICARE AND MEDICAID…

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Mental health apps show cost savings, boost adoption case

Mental health apps show cost savings, boost adoption case

Digital mental health treatments have been gaining momentum in the healthcare industry, with developers of FDA-cleared apps now…

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Diageo plans cost cuts, asset sales to reduce debt

Diageo plans cost cuts, asset sales to reduce debt

Diageo, the world-renowned maker of Johnnie Walker whisky and Guinness beer, has announced a bold plan to slash…

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6’4’’ WWE star to cost Jey Uso his World Heavyweight Title at Saturday Night’s Main Event? Exploring the possibility 

6’4’’ WWE star to cost Jey Uso his World Heavyweight Title at Saturday Night’s Main Event? Exploring the possibility 

Logan Paul and Jey Uso are set to clash for the WWE World Heavyweight Championship at Saturday Night’s…

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Mixed options sentiment in Costco (COST), with shares up .99 (+1.51%) near 06.53

Mixed options sentiment in Costco (COST), with shares up $14.99 (+1.51%) near $1006.53

Options volume for Costco (COST) is currently in line with the average, with 28k contracts traded. Calls are…

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Fewer Rules, Better People: Lam on Legalism’s Moral Cost

Fewer Rules, Better People: Lam on Legalism’s Moral Cost

In his book Fewer Rules, Better People: The Case for Discretion, Lam presents a compelling critique of rigid…

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How Trump’s National Weather Service Cuts Could Cost Lives

How Trump’s National Weather Service Cuts Could Cost Lives

The importance of meteorology and weather forecasting cannot be understated. Just over a century ago, a devastating tornado…

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Inside the factory building headphones that cost more than a luxury car

Inside the factory building headphones that cost more than a luxury car

But for now, we’re focused on the HE 1, the crown jewel. This electrostatic system has a price…

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Trump’s Plan to Reopen Alcatraz Will Cost Millions of Dollars

Trump’s Plan to Reopen Alcatraz Will Cost Millions of Dollars

Trump Announces Plan to Reopen Alcatraz as Maximum Security Prison On Sunday, former President Donald Trump made headlines…

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