Tag: higher

Mortgage and refinance interest rates today, June 8, 2025: A sharp turn higher

Mortgage and refinance interest rates today, June 8, 2025: A sharp turn higher

Mortgage rates are on the rise today, with Zillow reporting that the average 30-year fixed interest rate has…

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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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Higher Pay for American Workers – The White House

Higher Pay for American Workers – The White House

“President Trump’s America First Economic Agenda has ignited a flourishing economy — job opportunities are rising, unemployment rates…

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GLP-1 drugs may be linked to higher risk of eye disease: study

GLP-1 drugs may be linked to higher risk of eye disease: study

A recent observational study published in JAMA Ophthalmology has found a potential link between the use of GLP-1…

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MEDIA FAIL: Trump’s Approval Rating Higher Now That Obama and Bush at Same Point in Second Terms |

MEDIA FAIL: Trump’s Approval Rating Higher Now That Obama and Bush at Same Point in Second Terms |

Trump’s Approval Surges Past Obama and Bush in Second Terms In a striking turn of events, President Trump's…

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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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The global temperature may be even higher than we thought

The global temperature may be even higher than we thought

Global warming is making wildfires more frequent and more destructiveNoah Berger/Associated Press/Alamy The Impact of Global Warming on…

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CNN: Polling Shows the American People Agree With Trump – There’s Something Wrong With Higher Education (VIDEO) |

CNN: Polling Shows the American People Agree With Trump – There’s Something Wrong With Higher Education (VIDEO) |

According to CNN data analyst Harry Enten, recent polls indicate that a significant portion of the American populace…

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Sugar consumed through soda, fruit juice consistently linked to higher risk of developing type 2 diabetes

Sugar consumed through soda, fruit juice consistently linked to higher risk of developing type 2 diabetes

A groundbreaking study conducted by researchers at Brigham Young University has shed new light on the relationship between…

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Homeowners spend on renovations and repairs despite the uncertain economy and higher prices

Homeowners spend on renovations and repairs despite the uncertain economy and higher prices

Home Renovation Spending on the Rise Despite Economic Uncertainty According to a recent report, U.S. homeowners are showing…

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Older adults eating four daily servings of ultra-processed food face 10% higher depression risk

Older adults eating four daily servings of ultra-processed food face 10% higher depression risk

Older Australians who consume a diet high in ultra-processed foods may be at a higher risk of depression,…

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The ‘Taco’ factor has spurred markets higher

The ‘Taco’ factor has spurred markets higher

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this…

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