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State roundup: Long-term care rate hike planned in Calif.

Dailey Mayo received some stunning news in the mail last week: an 85% rate increase for the long-term-care insurance he has had for 15 years from the California Public Employees' Retirement System.

24 Feb 2013

Teaching older adults to use Facebook could help improve their cognitive performance

For older adults looking to sharpen their mental abilities, it might be time to log on to Facebook. Preliminary research findings from the University of Arizona suggest that men and women older than 65 who learn to use Facebook could see a boost in cognitive function.

22 Feb 2013

Possible Medicare Advantage pay reductions cause insurer stocks to slip

The proposed cuts in federal payments, which are open to comment until March 1, could lead to reduced coverage or fewer options for people who choose to buy these plans.

21 Feb 2013

CMS issues MLR rules for Medicare plans

Elderly and disabled patients enrolled in Medicare will for the first time receive an annual reduction in out-of-pocket costs for drugs, the government announced. The standard deductible for plans in Medicare's drug program, called Part D, will be $310 in 2014, about 4.6 percent less than this year, the Centers for Medicare and Medicaid Services said in a statement today. Copayments also will be reduced for the program that began in 2006.

20 Feb 2013

Obama's Medicare drug rebate plan could save the government money, but also hit drug industry's bottom line

During his State of the Union address, President Barack Obama renewed a proposal to use drug rebates to save Medicare money -- a step that would trigger strong opposition from pharmaceutical companies.

16 Feb 2013

First Edition: February 15, 2013

Today's headlines include news about how the health law's insurance exchanges are taking shape.

15 Feb 2013

Rubio' repeats GOP calls for overhauling Medicare, other entitlement programs

During his televised speech responding to President Barack Obama's State of the Union address, Sen. Marco Rubio, R-Fla., also criticized the health law.

14 Feb 2013

As part of 'expansive' agenda, Obama offers support for 'modest' Medicare reforms

In last night's State of the Union address, President Barack Obama offered his take on how the U.S. budget could achieve "fiscal stability" through a mix of Medicare cuts and tax increases; however, he provided few details of what changes to Medicare he found acceptable.

14 Feb 2013

Viewpoints: Obama prescription for Medicare is 'modest;' GOP doubts entitlement plan is serious

Somewhat more substantively, he called for a larger deficit-reduction deal built around loophole-closing tax reform and what he called "modest" reforms to Medicare and entitlements. In an apparent effort to rally Democrats to this cause, he called on "those of us who care deeply about programs like Medicare" to "embrace" reform.

14 Feb 2013

Roadblocks continue despite efforts to address causes of hospital readmissions

Hospital readmissions are miserable for patients, and a huge cost -- more than $17 billion a year in avoidable Medicare bills alone -- for a nation struggling with the price of health care. Now, with Medicare fining facilities that don't reduce readmissions enough, the nation is at a crossroads as hospitals begin to take action.

12 Feb 2013

We Care Health Services acquires Pace Group of Companies

We Care Health Services (We Care), Canada's most trusted name in home health care and support services, is pleased to announce that it is further expanding its comprehensive health care portfolio with the acquisition of the Kitchener-Waterloo based Pace Group of Companies (Pace).

12 Feb 2013

Skilled Healthcare fourth quarter revenue increases 2.4% to $219.2 million

Skilled Healthcare Group, Inc. today announced its consolidated financial operating results for the three and twelve-month period ended December 31, 2012.

12 Feb 2013

Brookdale fourth quarter total revenue increases 4.1% to $699.7 million

Brookdale Senior Living Inc. today reported financial and operating results for the fourth quarter and full year 2012.

11 Feb 2013

Four-month instructional dance program can improve health of Latino seniors

Vigorous activity can improve the physical and mental health of older adults, but for many, particularly Latinos, exercise is not a regular part of their lives, according to a University of Illinois at Chicago researcher.

11 Feb 2013

Pelosi again rejects proposal to change Medicare

House Democratic leader, in television interview discussing scheduled budget cuts and the national economy, says she hasn't seen evidence that raising the Medicare eligibility age will save money. Republican Rep. Cantor, on a different Sunday morning program, says the government has to find a way to cut spending.

11 Feb 2013

AARP opposes bill that would allow insurers to charge older people more

The powerful seniors lobby says it cannot support proposals that would let premiums go higher for older beneficiaries. Meanwhile, the administration announces that a health program for low- and moderate-income people, which is optional for states, will not be able to start until 2015.

10 Feb 2013

Health law provisions saved seniors $5.7B on Rx drugs

Seniors have saved about $5.7 billion on prescription drugs since January 2011 because of provisions in the 2010 health care law meant to close the Medicare "doughnut hole," the government plans to announce today.

10 Feb 2013

Roundup: Assisted suicide legalization urged; Abortion bill tensions in Wash., Ore.; Budget squeezes in Ga., Conn.

A push for the legalization of physician-assisted suicide is under way in a half-dozen states where proponents say they see strong support for allowing doctors to prescribe mentally competent, dying individuals with the medications needed to end their own lives. ... Groups such as Compassion & Choices, a national end-of-life advocacy organization, have been working to advance the cause.

10 Feb 2013

Health care action at state capitols: Hospital fees, abortion, nurses' power to write prescriptions

Lawmakers around the country consider a bevy of bills related to health policy.

10 Feb 2013

Care Investment Trust enters joint venture with affiliates of Calamar

Care Investment Trust Inc., a real estate investment company that invests in healthcare and seniors-related real estate, today announced that effective as of February 1, 2013, it entered into a joint venture with affiliates of Calamar Enterprises, Inc., owned 75% by affiliates of Care and 25% by affiliates of Calamar, for the acquisition of two senior apartment communities from affiliates of Calamar with an aggregate value of $23.3 million.

10 Feb 2013