Tag: Health care industry

The CBO Estimates GOP Health Plan Would Leave 24 Million

The nonpartisan Congressional Budget Office on Monday released its cost estimate for the American Health Care Act, the Republican proposal to replace ObamaCare. The CBO’s report says that the GOP plan would reduce the federal deficit by $337 billion by 2026, with the most savings coming from “reductions in outlays for Medicaid and from the…

George H.W. Bush Leaving ICU, Barbara Leaving Hospital

Doctors say former President George H.W. Bush will soon be moved from the intensive care unit at a Houston hospital where he has been treated for pneumonia. Dr. Amy Mynderse says the 92-year-old Bush will be moved from the ICU at the Houston Methodist Hospital on Monday. Bush was struggling to breathe when he was…

Pharma CEO Martin Shkreli Arrested [VIDEO]

The pharma CEO reviled for raising the price of life-saving drugs for personal gain has been arrested for securities fraud. Martin Shkreli, 32, is accused of taking stocks from Retrophin Inc. to pay off unrelated debts. He started the biotech firm in 2011. Prosecutors say he made secret payoffs and set up fake deals.

Phoenix VA officials on leave over allegations of delays in care

Three officials at the veterans hospital in Phoenix were placed on leave amid allegations that patients may have died because of delays in care. Veterans Affairs Secretary Eric K. Shinseki said the officials include Phoenix Veterans Health Care Center director Sharon Helman and associate Lance Robinson. Officials are investigating allegations that up to 40 patients…

Labor Department Extends Wage Protection To Home Care Workers

The U.S. Labor Department announced today that minimum wage and overtime protections will extend to home care workers. The change affects nearly 2 million people and will start in 2015. Federal minimum wage is $7.25 an hour, but experts say many workers are paid less and don’t receive overtime. This was due to a 1974…

Storm Promises Messy, Dangerous Commute In Midwest

A major snow storm that shuttered airports in Missouri, stranded truckers in Illinois and buried parts of Kansas in knee-deep powder was promising a messy and possibly dangerous commute Friday morning as it crawled northeast. Wind gusts of 30 mph were expected to churn-up snow that fell overnight in southern Wisconsin, where forecasters were warning…