RECENT NEWS  Apr 18  Comment 
Read full story for latest details.
Insurance Journal  Apr 16  Comment 
Louisiana’s Medicaid expansion program has helped create or support nearly 19,200 jobs across the state and $178 million in state and local taxes, according to a new economic analysis. The three LSU professors hired by the state health...
Motley Fool  Apr 14  Comment 
More than 60% of all nursing home residents are covered by Medicaid.
MedPage Today  Apr 12  Comment 
(MedPage Today) -- UVA policy scholar reviews the program's history
MarketWatch  Apr 11  Comment 
The top House Democrat on Wednesday slammed a GOP-proposed constitutional balanced budget amendment, calling it a “cynical” attack on social safety net programs, such as Medicare and Medicaid.
New York Times  Apr 11  Comment 
The order, directed at Medicaid and other low-income assistance programs across the government, has an ambitious title, but many of its changes are already underway.  Apr 10  Comment 
President Donald Trump is now setting his sights on overhauling the nation's safety net programs.
MedPage Today  Apr 9  Comment 
(MedPage Today) -- Also, should Medicaid applicants have to prove they're working or looking for a job?
New York Times  Apr 7  Comment 
Two Republican state senators said this week that they would support expansion, enough votes to pass a widely popular proposal.
Motley Fool  Apr 3  Comment 
There was good news on the payer front.


Medicaid is the U.S. health care program for people with limited resources, and it serves low income parents, children, people with disabilities, and low income seniors. It is jointly funded by the states and the federal government and managed by the states. Medicaid is distinctly different from Medicare, which is an entitlement program funded entirely at the federal level and provides health insurance to people aged 65 and older. Medicaid is not an entitlement program, but is instead a needs-based social welfare program in which eligibility is determined by income. It covers a wider range of health services than Medicare and is funded by states as well as the federal government. It is possible to be eligible for both Medicaid and Medicare, and approximately 8.8 million Americans are enrolled in both programs.[1]

The Pharmaceutical Industry depends on Medicare and Medicaid funding for a significant percentage of its revenues. Of the two, however, Medicare's impact on the business of Health Care in America is much greater. The senior citizens of all income levels served by Medicare make up the major target population for most of the pharma industry's drugs. This is not the case for the low income, younger patients enrolled in Medicaid. Certain drugs and treatments, however, do have their revenues tied closely to Medicaid spending - notably HIV and AIDS, where more than half of people living with AIDS are estimated to receive Medicaid payments.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki