HealthCare

Scrapping employer mandate will not cripple Obamacare: study

Revoking the employer mandate, one of Obamacare's most controversial aspects, will not cripple Obama administration's ambitious health overhaul plan, a new study claims.

Doctors Look for Fresh Union Audit After Pay Package of €10m

The Irish Medical Organisation's (IMO) governing council is proposing to secure the vote of the members to see whether they want to move ahead with the intended investigation about how the organisation has been running over the recent years.

AMA Backs ‘Doc Fix’ Bill, but Still Awaits Congress’ Long-Term Solution

The American Medical Association (AMA) has announced plans to back the $15 billion, 13-month extension of a bill that would protect physicians from a Medicare pay cut until 2012.

The `doc fix' bill, as it is called, will block impending pay cuts, the first of which is just a few weeks away. This would be a 23% cut in pay-a short-term fix mandated by Medicare's sustainable growth rate (SGR) formula, which links reimbursements rates to increases in GDP. The next pay cut would go into effect on January 1, bringing the total reduction in reimbursements to 25%.

Supreme Court Passes Up First Hearing of Healthcare Challenge

Monday saw the Supreme Court forego its first chance to review Congress' healthcare overhaul. The challenge to the healthcare bill was brought by a conservative legal group in California. This does not come as a surprise, since lower courts are only beginning to hear challenges to the law.

Despite the fact that the high court almost never hears cases before they have been fully litigated in the lower courts, plaintiff insisted that the justices hear their case. They intended to challenge the law's mandate that required all individuals to purchase healthcare.

Health Law Tug-of-War Ensues as GOP Gains Control Over the House

The recent Republic victory is expected to lead to an increase in the number of states that employ a more limited approach to the new healthcare law. Although the law is a Federal statute, is allows states to administer many of the key provisions themselves, affording considerable leeway to State Governments.

Turnbull to be the New Chairman of Prima BioMed

The new Chairman of the cancer treatment biotech Company Prima BioMed would be Lucy Turnbull, who is a businesswoman and an investor.

Ms. Turnbull is the wife of Liberal Party politician Malcolm Turnbull and will come in place of the interim chairman of Prima BioMed, Albert Wong, who is also the major shareholder of the Company. Mr. Wong would retain his Deputy Chairman post in the Company.

After the announcement, the share of Prima BioMed went up from 1.5 cents to 14 cents today morning.

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