Tag: Costs

Mamdani’s vow to lower costs won him votes but his ‘fix’ is more lefty policies that drive them up

Mamdani’s vow to lower costs won him votes but his ‘fix’ is more lefty policies that drive them up

Zohran Mamdani is gaining support in the primary election by promising to make New York City more affordable.…

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Cuts To Public Health Will Increase Illness And Raise Costs

Cuts To Public Health Will Increase Illness And Raise Costs

Increased operational burden on health care providers – With fewer public health resources available, health care providers will…

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Travis Kelce and Ryan Reynold’s F1 Team’s Extreme Costs Revealed

Travis Kelce and Ryan Reynold’s F1 Team’s Extreme Costs Revealed

Alpine F1, a celebrity-backed racing team, is making waves in the world of Formula 1 with its star-studded…

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Worsening Wildfires Contribute to Increasingly Unaffordable Insurance and Housing Costs

Worsening Wildfires Contribute to Increasingly Unaffordable Insurance and Housing Costs

Wildfire season is in full swing, with elevated risks in western and southwestern United States as well as…

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Why RFK Jr.’s Purge Of Vaccine Advisors May Increase Your Health Costs

Why RFK Jr.’s Purge Of Vaccine Advisors May Increase Your Health Costs

U.S. Health and Human Services Secretary Robert F. Kennedy Jr. has recently made significant changes to the process…

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EA FC 25 Timo Werner Flashback SBC leaked: Expected stats and costs

EA FC 25 Timo Werner Flashback SBC leaked: Expected stats and costs

The rumors surrounding the EA FC 25 Timo Werner Flashback SBC have been buzzing in the FIFA Ultimate…

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WWE legend makes shocking return at Money in the Bank 2025 and costs John Cena

WWE legend makes shocking return at Money in the Bank 2025 and costs John Cena

A surprising twist took place at Money in the Bank 2025 when a familiar face made a shocking…

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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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How Trump’s Big Beautiful Bill will raise household energy costs

How Trump’s Big Beautiful Bill will raise household energy costs

Energy policy analysts are warning of significant consequences if major legislation pushed through Congress by Republicans is enacted.…

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More Hidden Costs of Tariffs

More Hidden Costs of Tariffs

Ever since Trump kicked off a global trade war on April 2, American companies have found themselves in…

Tauquir Shayaan
American Eagle Outfitters swings to Q1 loss on higher costs, sluggish demand

American Eagle Outfitters swings to Q1 loss on higher costs, sluggish demand

American Eagle Outfitters' management team recently addressed the challenges faced in the first quarter (Q1) of the fiscal…

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Employers Reluctant To Cover Obesity Meds, Lower Costs May Change This

Employers Reluctant To Cover Obesity Meds, Lower Costs May Change This

Employers in the United States are still hesitant to cover glucagon-like peptide-1 (GLP-1) drugs for weight loss, according…

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