Tag: stability

Getty drops key copyright claims against Stability AI, but UK lawsuit continues

Getty Images Drops Primary Copyright Infringement Claims Against Stability AI Getty Images made a significant decision on Wednesday

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

This Portland collective keeps the city clean — and helps unhoused people find stability

Ground Score Association, based in Portland, is a collective that provides low-barrier waste material management jobs to individuals

PAP sweeps to victory as Singaporeans vote for stability

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

Fed survey finds global trade fight, policy uncertainty top financial stability risks

The Federal Reserve recently released a new survey highlighting the potential risks facing the U.S. financial system. The

China’s Xi Jinping meets foreign CEOs to urge trade stability

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

USMNT January camp is important as Mauricio Pochettino aims for stability in first full year in charge

The United States men's national team has announced its roster for the upcoming January camp, marking the beginning