Word: medicaid
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
WASHINGTON, D.C.: A recent string of good news for the tobacco industry ended when the Supreme Court declined to hear an appeal of a Florida law making it easier for the state to sue tobacco companies to recover Medicaid money spent on smoking-related illnesses. The decision allows Florida to proceed with a lawsuit to recoup the some $800 million the state estimates it has spent treating sick smokers since July 1994. At issue was a measure which prevents companies from arguing Medicaid patients are partially to blame for their illnesses, allows the state to bring a class action suit...
WASHINGTON, D.C.: A recent string of good news for the tobacco industry ended when the Supreme Court declined to hear an appeal of a Florida law making it easier for the state to sue tobacco companies to recover Medicaid money spent on smoking-related illnesses. The decision allows Florida to proceed with a lawsuit to recoup the some $800 million the state estimates it has spent treating sick smokers since July 1994. At issue was a measure which prevents companies from arguing Medicaid patients are partially to blame for their illnesses, allows the state to bring a class action suit...
...excess of specialists. Currently, hospitals earn an average of $100,000 for every resident they train, but pay the residents less than half of that, using the rest to bolster their overall finances. Says Bruce Vladeck, administrator of the Health Care Financing Administration, which runs the Medicare and Medicaid programs: "Until now Medicare has been giving hospitals an incentive to hire more residents. We need to change that." Even with such a generous specialist detox program, Medicare will save $300 million by compensating the New York institutions in this way. Under the new system, participating hospitals will be credited...
...YORK CITY: Investors sent tobacco stocks higher Tuesday, on reports that major tobacco companies were close to settling all of the suits brought by 21 states to recover Medicaid costs associated with smoking. But both the companies and the states deny that they are anywhere close to a comprehensive settlement. "There have been discussions about settlements with individual companies, most notably the Liggett Group," said Chris DeWitt, a spokesman for the Michigan attorney general's office. "But I have no information that there is any talk yet about a global settlement." Bloomberg News, quoting sources involved in the negotiations...
...YORK CITY: Investors sent tobacco stocks higher Tuesday, on reports that major tobacco companies were close to settling all of the suits brought by 21 states to recover Medicaid costs associated with smoking. But both the companies and the states deny that they are anywhere close to a comprehensive settlement. "There have been discussions about settlements with individual companies, most notably the Liggett Group," said Chris DeWitt, a spokesman for the Michigan attorney general's office. "But I have no information that there is any talk yet about a global settlement." Bloomberg News, quoting sources involved in the negotiations...