Tag: rates

Best high-yield savings interest rates today, June 8, 2025 (best accounts offering 4.3% APY)

Best high-yield savings interest rates today, June 8, 2025 (best accounts offering 4.3% APY)

Are you wondering how much you could earn with today's savings rates? With the Federal Reserve cutting its…

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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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Mailed self-collection HPV tests more than double cervical cancer screening rates, study shows

Mailed self-collection HPV tests more than double cervical cancer screening rates, study shows

The University of Texas MD Anderson Cancer Center conducted a groundbreaking study that showed how mail-in self-collection tests…

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Russia’s central bank cuts interest rates for first time since 2022

Russia’s central bank cuts interest rates for first time since 2022

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

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White House celebrates plummeting murder rates as levels dip below pre-COVID numbers

White House celebrates plummeting murder rates as levels dip below pre-COVID numbers

Nationwide Murder Rates Continue to Plummet Under Trump Administration The United States is experiencing a significant decrease in…

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Best CD rates today, June 1, 2025 (lock in up to 4.25% APY)

Best CD rates today, June 1, 2025 (lock in up to 4.25% APY)

When it comes to growing your savings, locking in a high CD rate can be a smart move.…

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Exercise boosts survival rates in colon cancer patients, study shows

Exercise boosts survival rates in colon cancer patients, study shows

A recent groundbreaking study has shown that a three-year exercise program can significantly improve survival rates in colon…

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Best high-yield savings interest rates today, June 1, 2025 (best accounts offering 4.3% APY)

Best high-yield savings interest rates today, June 1, 2025 (best accounts offering 4.3% APY)

If you're looking to maximize your savings, it's important to stay informed about today's savings rates. The Federal…

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Interest rates on home equity lines of credit move lower again

Interest rates on home equity lines of credit move lower again

HELOC interest rates have once again decreased, making it more affordable for homeowners to tap into the value…

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Best money market account rates today, May 31, 2025 (best account provides 4.41% APY)

Best money market account rates today, May 31, 2025 (best account provides 4.41% APY)

Money market accounts are a popular choice for individuals looking to earn a competitive interest rate on their…

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Interest rates on HELOCs fall as inflation cools

Interest rates on HELOCs fall as inflation cools

HELOC rates saw a decrease today, following a report on Friday that showed consumer prices continuing to cool.…

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Fed expected to keep rates on hold despite cool inflation reading

Fed expected to keep rates on hold despite cool inflation reading

A recent report on inflation data for the month when President Trump's tariffs took full effect has caused…

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