JACKSON — A federal jury has found a Jackson physician guilty of orchestrating a $6.9-million Medicaid and Medicare fraud scheme. Dr. Cassandra Faye Thomas faces a maximum 125 years in prison after his April 8 conviction on 10 counts by a jury of eight women and four men. The 54-year-old Thomas and many of her [...] [...]
WASHINGTON — A report on the financial condition of the Medicare and Social Security programs contends the Obama administration’s sweeping healthcare overhaul will extend the life of the Medicare hospital insurance fund by 12 years — an assertion that Medicare’s top numbers-cruncher disputed. The report acknowledged in its own right that the brighter outlook for [...] [...]
WASHINGTON — The new health overhaul law will start producing savings for Medicare right away, and over time add 12 years of solvency to the program’s giant trust fund for inpatient care, the Obama administration says in a report to be released today. Medicare will save about $8 billion by the end of next year, [...] [...]
In addition to speculating about federal healthcare reform implementation, physicians are also wondering when Congress will provide an answer regarding an additional 21 percent cut to Medicare reimbursements that went into effect April 1. Healthcare providers believe the cut will increasingly compromise healthcare access for Medicare patients, as doctors who serve those patients are taking [...] [...]
ALEXANDRIA, Va. — The National Community Pharmacists Association (NCPA) has sent a letter to the Centers for Medicare and Medicaid Services (CMS) strongly opposing Mississippi’s plan to reduce pharmacy reimbursements by 15 percent for the remainder of this fiscal year. The approval is required by the federal government in its partnership with states to provide [...] [...]
JACKSON — The difference between what Medicare covers and actual medical bills can put an extra financial burden on the already strained budgets of Mississippi Medicare recipients. Many seniors turn to a Medicare supplemental insurance (Medigap) policy to ease that gap. To aid consumers in choosing the best Medigap policy this year, the Mississippi Insurance [...] [...]