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  2. US says Rite Aid to pay $101mln over alleged false rebate ...

    www.aol.com/news/us-says-rite-aid-pay-174338184.html

    Rite Aid Corporation and several of its subsidiaries agreed to pay $101 million to resolve allegations of failing to accurately report drug rebates to Medicare, the U.S. Justice Department said on ...

  3. Biden administration to impose inflation penalties on dozens ...

    www.aol.com/news/dozens-companies-raised-drug...

    Medicare recipients could benefit by a reduction in their co-insurance payment for any of the drugs by $1 to $2,786 per average dose, according to a government statement.

  4. For the millions turning 65 this year, here’s what to know ...

    www.aol.com/finance/millions-turning-65-know...

    Kerry Hannon. July 28, 2024 at 9:30 AM. When Bill Saiff, 65, a management consultant in Washington, D.C., was nearing his milestone birthday in December, the anxiety over what he needed to do ...

  5. Medicare (United States) - Wikipedia

    en.wikipedia.org/wiki/Medicare_(United_States)

    Lyndon B. Johnson signing the Medicare amendment (July 30, 1965). Former President Harry S. Truman (seated) and his wife, Bess, are on the far right.. Originally, the name "Medicare" in the United States referred to a program providing medical care for families of people serving in the military as part of the Dependents' Medical Care Act, which was passed in 1956. [5]

  6. Medicare for All Act - Wikipedia

    en.wikipedia.org/wiki/Medicare_for_All_Act

    The Medicare for All Act (abbreviated M4A ), also known as the Expanded and Improved Medicare for All Act or United States National Health Care Act, is a bill first introduced in the United States House of Representatives by Representative John Conyers (D-MI) in 2003, with 38 co-sponsors. [1] [2] In 2019, the original 16-year-old proposal was ...

  7. Medicare Prescription Drug, Improvement, and Modernization Act

    en.wikipedia.org/wiki/Medicare_Prescription_Drug...

    American Hospital Association v. Becerra, No. 20-1114, 596 U.S. ___ (2022) The Medicare Prescription Drug, Improvement, and Modernization Act, [1] also called the Medicare Modernization Act or MMA, is a federal law of the United States, enacted in 2003. [2] It produced the largest overhaul of Medicare in the public health program's 38-year history.

  8. Rite Aid bankruptcy plan approved, cutting $2 billion in debt

    www.aol.com/news/rite-aid-bankruptcy-plan...

    NEW YORK (Reuters) -A U.S. bankruptcy judge on Friday approved Rite Aid's restructuring plan, allowing the pharmacy chain to cut its debt by $2 billion and turn over control to a group of lenders.

  9. Pharmacy benefit management - Wikipedia

    en.wikipedia.org/wiki/Pharmacy_benefit_management

    Few PBMs are independently owned and operated. PBM's operate inside of integrated healthcare systems (e.g., Kaiser Permanente or Veterans Health Administration), as part of retail pharmacies, major chain drug stores (e.g., CVS Pharmacy or Rite-Aid), and as subsidiaries of managed care plans or insurance companies (e.g., UnitedHealth Group).