Medicare’s Therapy Policy Under Attack
Meanwhile, the AP reports on how some insurers are profiting from "playing the float."
Chicago Tribune: Medicare's Policy On Therapy Comes Under Attack
The federal government is illegally denying thousands of chronically ill Americans needed therapies and medical services, five national organizations charged Tuesday in a lawsuit filed in U.S. District Court in Vermont (Graham, 1/18).
The Associated Press: Insurers Profit On Medicare Float
Private health insurance plans catering to Medicare recipients are making millions by taking money the government sends in advance - but isn't immediately needed - and using it to make investments, federal investigators say in a report obtained by The Associated Press. In financial parlance, it's called "playing the float" (Alonso-Zaldivar, 1/19).