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Showing posts with label Medicaid. Show all posts
Showing posts with label Medicaid. Show all posts

Saturday, September 8, 2012

Election May Decide Medicaid's Future

Many seniors qualify for Medicaid and Medicare,
Medicaid cuts could be devastating.
(photo: Seniors Today)
By Nina Bernstein, The New York Times
07 September 12

edicaid has long conjured up images of inner-city clinics jammed with poor families. Its far less-visible role is as the only safety net for millions of middle-class people whose needs for long-term care, at home or in a nursing home, outlast their resources.

With baby boomers and their parents living longer than ever, few families can count on their own money to go the distance. So while Medicare has drawn more attention in the election campaign, seniors and their families may have even more at stake in the future of Medicaid changes - those proposed, and others already under way.

Though former President Bill Clinton overstated in his convention speech on Wednesday how much Medicaid spends on the elderly in nursing homes - they account for well under a third, not nearly two-thirds, of spending - Medicaid spends more than five times as much on each senior in long-term care as it does on each poor child, and even more per person on the disabled in long-term care.
Seniors like Rena Lull, 92, who spent the last of her life savings on $250-a-day nursing home care near Cooperstown, N.Y., last year, will face uncharted territory if Republicans carry out their plan to replace Medicaid with block grants that cut spending by a third over a decade.

Thursday, April 19, 2012

J&J's penalty is $1.1 billion in Risperdal case

11:59 AM, Apr. 11, 2012
Johnson & Johnson was told to pay $1.1 billion by a state judge after an Arkansas jury found the company’s officials misled doctors and patients about the risks of the antipsychotic drug Risperdal.
Jurors in Little Rock yesterday said the company’s marketing campaign also violated consumer-protection laws. The panel deliberated about three hours before finding J&J and its Janssen unit engaged in "false or deceptive acts" by sending a 2003 letter touting Risperdal as safer than competing drugs to more than 6,000 doctors across the state.

The state was seeking more than $1.25 billion in penalties over the Risperdal marketing campaign. It’s the third jury verdict against J&J, the second-biggest maker of health products, in cases where states alleged it hid Risperdal’s risks and tricked Medicaid regulators into paying more than they should have for the medicine. Louisiana and South Carolina juries also found the company’s Risperdal marketing violated consumer-protection laws.  READ MORE
 

Wednesday, September 21, 2011

Will Ties to Pentagon Contractors Push 'Supercommittee' Democrats to Cut Entitlements?

Photo Credit: Department of Defense

AlterNet teams up with Salon and Brave New Foundation to document how Dems on the Congressional "supercommittee" get far more military campaign money and contracts than the GOP.

September 21, 2011

Arizona’s Republican Senator Jon Kyl wasted little time. A member of the bipartisan Congressional “supercommittee” charged with finding $1.5 trillion in deficit reductions, he did his best to forestall even discussion of cuts to the Pentagon’s budget. “When we had our first meeting the chairman asked, ‘Well what do we think about defense spending?’ and I said, ‘I’m off of the committee if we’re gonna talk about further defense spending,’” he told the audience at a recent forum sponsored by several conservative think tanks.

The Senate Minority Whip may be the most outspoken member of the Joint Select Committee on Deficit Reduction when it comes to the military budget, but the Democrats currently considering whether to cut the deficit via reductions in defense spending or programs like Medicare and Medicaid have received far more money from Pentagon contractors than Kyl or any of their Republican colleagues on the panel, according to an investigation by AlterNet, with assistance from the Brave New Foundation and Salon.com.

Since 2007, Democrats on the supercommittee have received more than $1 million in defense industry donations, while contributions to the Republicans added up to only $321,000. Panel co-chair Senator Patty Murray, for example, has received more defense industry dollars over that period than the combined total of the top four Republican recipients on the super committee. Even so, her haul from the Pentagon’s weapons-makers isn’t the largest by a panel Democrat, a distinction held by her colleague from South Carolina, John Clyburn. An analysis of official government data paints a disturbing picture of big money, cozy relationships and potential influence that, alongside a concerted lobbying effort by the Pentagon and its powerful defense contractors, makes substantial reductions to the Department of Defense’s budget improbable and steeper cuts to entitlement programs, like Medicare and Medicaid, more likely.
READ MORE