Medicare to Pay for More Heart Devices
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Medicare said it will soon fund  implantable heart devices for thousands more patients, after  publication of a landmark study finding the devices can save  more lives, top agency officials said in a medical journal on  Wednesday.
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Boston Scientific said that three of its subsidiaries agreed to pay $16.75 million and extend the warranty on some of its heart devices.
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Abbott Laboratories and Medtronic Inc. are poised to seize a third of the $5 billion in annual heart-stent sales with new versions of the drug-coated devices.
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WASHINGTON -- Filling the doughnut hole in Medicare drug plans would cost seniors and the disabled about $40 a month more.
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The U.S. government on Tuesday  proposed expanding Medicare coverage for costly implanted heart  devices, a decision expected to benefit makers Guidant Corp.,  Medtronic Inc. and St. Jude Medical Inc.
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NEW YORK  - By delivering a small shock that gets the heart beating regularly again, implantable cardioverter-defibrillator or ICDs can save the lives of patients with heart conditions.
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Medicare premiums for doctor visits will rise about 17.4 percent next year, the Bush administration said yesterday. The $11.60-a-month increase is the largest in the program&#39;s 40-year history.
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Less-costly versions of implanted heart devices represent a good value for most patients who need them, according to a cost analysis study presented on Wednesday.
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The basic Medicare premium will rise next year to $93.50 a month, an increase of $5, the Bush administration announced Tuesday.
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Medical device stocks were in the spotlight Wednesday with Medicare&#39;s proposal late Tuesday to expand coverage for implantable cardioverter defibrillators, or ICDs, bolstering shares of those companies making the devices.
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The standard Medicare premium will rise to $96.40 a month next year, an increase of $2.90 a month. The 3.1 percent increase is the smallest since 1999-2000.
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For the first time in its history, Medicare has begun to systematically make payments for new and expensive treatments and diagnostic tests conditional on agreement by companies or other groups
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WASHINGTON - Medicare premiums for doctor visits are going up a record $11.60 a month next year. The Bush administration says the increase reflects a strengthened Medicare, while Democrats complain that seniors are being unfairly socked...
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Medicare is paying for new and expensive treatments and tests conditional on agreement by companies or other groups to pay for studies on whether they actually worked.
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WASHINGTON  - Reversing a trend in which  private health plans have been quitting the federal Medicare  program, U.S. officials Wednesday announced that more plans  will join next year.
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The nationâs most common cardiac malfunction, once thought harmless, is now treated with costly procedures.
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CMS officials on Tuesday issued a proposed rule that would expand Medicare coverage for implantable cardioverter defibrillators, a move that would increase the number of eligible beneficiaries by one-third, to about 500,000, the New York Times reports.