The federal government is projected to spend 14% more to cover individuals enrolled in Medicare Advantage plans compared to those in traditional Medicare, resulting in a $76 billion surplus for health insurance companies this year, according to a recent report from the Medicare Payment Advisory Commission (MedPAC). This substantial financial difference is raising concerns about … Read more
Manila, Philippines – The House of Representatives has moved closer to granting President Ferdinand Marcos Jr. Special powers to mitigate the impact of soaring fuel prices on Filipino consumers. Lawmakers approved on second reading House Bill (HB) No. 8418, which would authorize the President to suspend or reduce excise taxes on fuel during periods of … Read more
WASHINGTON — Senator Ron Johnson (R-Wis.) has launched an investigation into the Food and Drug Administration’s (FDA) recent rejections of treatments for rare diseases, raising concerns about the agency’s decision-making process and potential roadblocks to life-altering therapies. The senator is seeking access to the complete response letters – official notifications of rejection – sent by … Read more
North Korea’s Kim Jong Un has elevated his sister, Kim Yo Jong, to the position of director of the General Affairs Department of the Workers’ Party of Korea (WPK), according to state media reports released Tuesday. The promotion, announced during the Ninth Party Congress, signals a continued consolidation of power within the Kim family and … Read more