RECENT NEWS
CNNMoney.com  2 hrs ago  Comment 
Democratic senators are urging President-elect Donald Trump to keep his campaign promise not to cut spending for Medicare and Medicaid.
MedPage Today  5 hrs ago  Comment 
(MedPage Today) -- 2.3 million newly eligible for coverage under Affordable Care Act
MarketWatch  Dec 7  Comment 
Medicaid expansion helped cover 11 million people though expanded eligibility alone and brought the uninsured rate to a “historic low.”
Forbes  Dec 6  Comment 
The American Nurses Association says Donald Trump and the Republican Congress need to expand Medicaid to more Americans and maintain the Affordable Care Act's access to a “standard package of essential health care services.”
NPR  Dec 6  Comment 
Most of the state prison systems in the places that expanded Medicaid under Obamacare have come up short on enrolling exiting inmates, despite the fact that many of them are chronically ill.
Insurance Journal  Dec 5  Comment 
The federal government will continue for another year to fund an Oklahoma program that uses a combination of state tobacco tax revenue and federal Medicaid money to help provide health insurance coverage for nearly 20,000 low-income Oklahoma...
MedPage Today  Dec 3  Comment 
(MedPage Today) -- Also, House passes 'Cures' bill by wide margin
New York Times  Dec 1  Comment 
Donald Trump’s nomination of Seema Verma suggests states will be given more power to remodel their Medicaid programs.
NPR  Nov 30  Comment 
The Center for Medicare & Medicaid Innovation has explored payment changes that could cut health care costs and improve quality. But will the center survive in a new administration?
Clusterstock  Nov 30  Comment 
Though the future of the law is in doubt, the number of people signing up for health-insurance plans under the Affordable Care Act, better known as Obamacare, is crushing the pace of enrollments in previous years. According to the Centers for...




RELATED WIKI ARTICLES
 
TOP CONTRIBUTORS

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
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