Healthcare spending growth grew at a slightly faster rate in 2017, and Medicare spending is expected to climb substantially over the next decade as more baby boomers qualify for coverage, according to new estimates from the Centers for Medicare & Medicaid Services. Between 2018 and 2026, the actuary projects spending to increase by 5.5% on average each year.
Category: FierceMarkets
VA Inspector General wants Shulkin to reimburse agency for unallowed expenses involved on his European trip
A new report from the Veterans Affairs Office of Inspector General recommends that VA head David Shulkin and other staff reimburse the agency for unallowable expenses incurred during a European trip last summer. Shulkin said it was “outrageous” that the report tries to portray that he and his wife attempted to take advantage of the government.
Conservatives decry Trump budget’s call to fund risk corridor, CSR programs
Though President Donald Trump’s 2019 budget proposal calls on Congress to repeal the Affordable Care Act, it also seeks mandatory funding for two ACA programs: risk corridors and cost-sharing reduction payments. Conservatives, who have characterized both programs as bailouts for insurance companies, aren’t pleased.