COBRA

Obama signs legislation delaying Medicare physician pay cut

Obama signs legislation delaying Medicare physician pay cut

President Obama Thursday night signed a bill that postpones a scheduled 21.2% cut in Medicare physician pay and extends the COBRA unemployment insurance benefit until June 1. He made it law just hours after the legislation cleared both houses of Congress.

Latest bill would extend therapy caps exceptions process through end of year

The Senate on Tuesday voted 66-34 to end debate on a package of healthcare stopgap measures. These include an extension of the therapy caps exceptions process.

Increased Medicaid enrollment contributes to healthcare spending rise in 2009

By 2012, taxpayers will be footing the bill for 50% of all healthcare spending in the U.S., a new government report suggests.