RECENT NEWS
New York Times  Mar 27  Comment 
The blueprint, passed early Friday without Democratic votes, would scrap the Affordable Care Act, cut the deficit, and remake Medicare and Medicaid, but the real negotiations lie ahead.
Yahoo  Mar 24  Comment 
House Republicans quietly deepened recommended budget savings from the government's chief health care program for the poor by about $140 billion in recent weeks to offset part of the cost of higher payments ...
New York Times  Mar 23  Comment 
Reducing or containing Medicare and Medicaid prices can put downward pressure on the prices hospitals can charge to all customers.
New York Times  Mar 23  Comment 
A new study suggests that because of the Affordable Care Act, the disease is being diagnosed earlier in poor Americans.
Motley Fool  Mar 21  Comment 
In a rare move, House and Senate Republicans offered separate budget proposals this week, one of which called for sweeping reforms of America's most critical social programs. Find out how these fiscal 2016 budget proposals could affect you, and...
MarketWatch  Mar 20  Comment 
The Centers for Medicare and Medicaid Services said Friday that roughly 820,000 erroneous tax forms relating to reporting on individual health-care coverage were sent out to enrollees under the Affordable Care Act this year. CMS officials said...
Forbes  Mar 18  Comment 
Change is coming. The U.S. government continues to spend more money than it brings in each year in revenue. Consequently, change is essential, as the current path is not sustainable. Congressional Republicans recently released their 2016 budget,...
New York Times  Mar 18  Comment 
The Republicans’ proposed budget partly privatizes Medicare, turns Medicaid into block grants to the states, repeals the Affordable Care Act and reaches balance in 10 years.
New York Times  Mar 17  Comment 
Universal programs financed by broader taxes could appear unfair, but targeted social insurance financed by progressive taxes is likely to be politically weak. Above, Senator Edward M. Kennedy, right, and others celebrated the 20th birthday of...
New York Times  Mar 17  Comment 
The Republicans’ proposed budget partly privatizes Medicare, turns Medicaid into block grants to the states, repeals the Affordable Care Act and reaches balance in 10 years.




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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.


  1. ↑ http://www.kff.org/medicaid/upload/7895-2.pdf
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