Today's headlines include reports about the health law's tax provisions and insurance rebates.
Kaiser Health News: Medicare Seeks To Cut Number Of Seniors Denied Nursing Home Coverage After Hospital Stays
Reporting for Kaiser Health News, in collaboration with The Washington Post, Susan Jaffe writes: "Concerned that a growing number of seniors have been unexpectedly forced to pay thousands of dollars for nursing home care after a stay in a hospital, Medicare has launched a pilot project to test whether relaxing its hospital payment rules could help beneficiaries" (Jaffe, 8/10). Read the story.
Kaiser Health News: Colorado Pursues Insurance Exchange – But Keeps Fighting About It
Colorado Public Radio's Eric Whitney, working in partnership with Kaiser Health News and NPR, reports: "A special legislative committee gave Colorado the green light on Thursday to continue working on its health insurance exchange by allowing it to apply for a $43 million federal grant. But first the lawmakers had to fight about it" (Whitney, 8/9). Read the story.
Kaiser Health News: Capsules: Survey: Baby Boomers Worry About Medicare's Future, Want More Detail From Candidates
Now on Kaiser Health News' blog, Ankita Rao reports on an AARP survey: "The organization asked registered voters, including an oversample of people age 50-plus, about their five top financial concerns to measure what they call an 'Anxiety Index.' Health expenses ranked fourth on the list of concerns after rising prices, taxes and financial security in retirement" (Rao, 8/9). Check out what else is new on the blog.
The Associated Press/Washington Post: Health Care Law's Big Tax Hikes Hit The Wealthiest 2 Percent – Others Also Caught In The Net
Who gets thumped by higher taxes in President Barack Obama's health care law? The wealthiest 2 percent of Americans will take the biggest hit, starting next year. And the pain will be shared by some who aren't so well off -; people swept up in a hodgepodge of smaller tax changes that will help finance health coverage for millions in need (8/9).
The New York Times: Health Insurer Refunds May Stall In Employers' Hands
It was the great health insurance giveback: $1.1 billion in premiums returned to policyholders under the Affordable Care Act. But while many people who buy their own insurance found a check in the mail last week, millions insured through employers are still wondering what is happening with the money (Bernstein, 8/9).
The Washington Post: Medicare Overspending On Anemia Drug
The U.S. health-care system is vastly overspending for a single anemia drug because Medicare overestimates its use by hundreds of millions of dollars a year, according to an analysis of federal data. The overpayment to hospitals and clinics arises because Medicare reimburses them based on estimates rather than the actual use of the drug (Whoriskey, 8/9).
The Wall Street Journal: It May Be Time To See A Doctor
Years of economic drag have had some profound effects on Americans. One big one: They stopped going to the doctor as much as they used to. Now people may be starting to head back for checkups and other medical procedures. Any shift has important implications for the health-care sector and the broader economy, since the drought has helped restrain spending growth (Mathews and Kamp, 8/9).
The Wall Street Journal: Hospitals' Debt Gets A Checkup
Hospitals are doling out a dose of bitter medicine in the form of riskier bonds. Investors hungry for higher yields in an environment of near-zero interest rates are clamoring for the municipal bonds issued by hospitals and other health-care facilities. Borrowers are capitalizing on this rising demand by dispensing with standard investor protections on their bonds (Nolan, 8/9).
The New York Times: Romney Faces Pressure From Right To Put Ryan On Ticket
In rallying around Mr. Ryan, a champion of cutting government spending and reining in the costs of programs like Medicare and Medicaid, conservatives are calling for Mr. Romney to select someone who can push their fiscal agenda, but they also are setting the stage for a possible letdown on the right if Mr. Romney chooses someone else in his race against President Obama. A strongly worded Wall Street Journal editorial on Thursday urged Mr. Romney to pick Mr. Ryan, saying he "best exemplifies the nature and stakes of this election" (Shear and Gabriel, 8/9).