Archive for May, 2009

Congress Reconsidering VAT for Financing Healthcare Reform

05/29/2009
By Annie Finneran

Many questions have been raised on how to overhaul the US health care system. Just recently in an interview with The Seattle Times, Sen. Max Baucus (D-Mont.) discussed a few options Congress is considering to finance the massive health care reform. “A number of ways are under discussion. It could be a combination of...
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Medicare Bankrupt in 2017, Social Security in 2037

05/28/2009
By Mona Lisa Vito

The Obama administration recently projected that Medicare will run out of money in 2017, followed by Social Security in 2037.
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Only 1% of flu victims are 65 or older

05/27/2009
By Annie Finneran

According to a study done by the CDC (Centers for Disease Control and Prevention), only 1% of flu victims are aged 65 or older. More than 64% of the infections are among people between the ages of 5 and 24. The reason for this assumption is these individuals are more likely than younger individuals,...
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The Grim Reaper: Coming Soon to Take Away your HealthCare

05/26/2009
By Sophie Callahan

It is common knowledge that Medicare will not persist at its current rate and that the grim reaper will soon butcher Medicare into bankruptcy. New figures indicate this demise will happen as early as 2017, which is an earlier figure than those of previous estimates. This indicates that the payment situation for Medicare is...
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Medicare: A Senior Scam

05/22/2009
By Sophie Callahan

Some people claim that the federal government is ripping off young people by making them pay for Medicare used by senior citizens. Retirees can benefit from the cheap health care whether they are dirt poor or filthy rich and it is young, working people who pay to give seniors those health benefits. Spending such...
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Accent Gives Away Fugitive

05/21/2009
By Annie Finneran

Alcides Garcia’s accent gave him away in the Canary Islands in February. The Cuban born fugitive was wanted for Medicare fraud in Miami. After visiting a shipping company to get his belongings sent to the island from Miami, the owner was suspicious of his accent because he has said he was Mexican but had...
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CMS Will Not Pay for CT Colonography

05/18/2009
By Annie Finneran

A colonoscopy is known to be very uncomfortable procedures that check for lesions on the body. A virtual version, or virtual colonoscopy, is beginning to be used in order to make the procedure more comfortable and less invasive. The virtual colonoscopy procedure, also known as CT colonography, is an X-ray of the colon instead...
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Doctor pleads guilty to Medicare fraud again

05/11/2009
By Annie Finneran

Miami-Dade doctor Carmen Lourdes del Cuerto pleaded guilty again last week to participating in a Medicare fraud scheme with four other doctors between 2003 and 2006. Del Cuerto and the four other doctors were accused of prescribing approximately $19.5 million in drugs for HIV patients who did not need or receive the therapy. The...
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Baby boomers are no longer retiring

05/05/2009
By Annie Finneran

Our economy is in a crisis and it’s not helping baby boomers who thought they were close to ready to retire. Money is an increasing concern for baby boomers and many have lost their retirement savings in the past few years due to the stock market decline. Many retirees are even ending retirement to...
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