NZ firm Pacific Edge's cancer test excluded from US Medicare funding

Pacific Edge cancer test not covered by US Medicare payments Bladder cancer test accounted for 60 pct company income Use of test backed by some medical expert groups Pacific Edge resubmitting to Medicare manager for re-inclusion An attempt for a judicial …

7 Medicare Myths You Should Know About

Signing up for Medicare once you turn 65 may not be as exciting as applying for Social Security checks, but it's significant nonetheless. Medicare will likely play an important part in covering your healthcare costs for the remainder of your life. You…

Medicare Advantage 2026 Payment Increase: How much will be the higher-than-expected rate hike?

The Centers for Medicare & Medicaid Services (CMS) has concluded its three-year adjustment to Medicare Advantage payment rates with a larger-than-expected increase. The agency aims to narrow the gap between rising treatment costs and government …

Medicare LCD Effective; Pacific Edge Seeks Recoverage

Pacific Edge notes the ‘Genetic Testing in Oncology: Specific Tests’ (L39365) Local Coverage Determination became effective on 24 April 2025 in the US, halting Medicare coverage of Cxbladder tests. Pacific Edge filed for a preliminary injunction and …

Pacific Edge's cancer test excluded from US Medicare funding

Dunedin-based cancer diagnostic firm Pacific Edge has been dealt a severe financial blow after its key testing procedure was excluded from coverage by the United States Medicare federal health insurance scheme. The firm has been battling for more than a …

SelectQuote: Better Fundamentals Due To Medicare Advantage Reimbursement Rate Increase (Rating Upgrade)

I'm upgrading SelectQuote to a buy rating after the stock's recent sharp fall. The federal government recently approved a 5.06% reimbursement rate increase for Medicare Advantage plans, which should translate into more aggressive marketing from …

‘Worst health minister in history’: Albanese slams Dutton’s Medicare plan

Prime Minister Anthony Albanese has claimed Opposition Leader Peter Dutton puts “all his eggs in one basket” and has no understanding of the cost of living amid a debate between the pair on Sunday night. Mr Albanese continued to slam Mr Dutton’s track …

Labor’s latest election ‘pitch’ is once again ‘Medicare, Medicare, Medicare’

Sky News Senior Political Reporter Trudy McIntosh discusses Labor’s latest “pitch” to voters in the election campaign which is turning out to be “Medicare” once again. “The latest pitch, Medicare, Medicare, Medicare, that is how this campaign started, and …

Albanese promises new Medicare services

'Life isn't 9-5': Labor pledges $204m for Medicare overhaul

Prime Minister Anthony Albanese has announced a $204 million pledge to introduce around-the-clock healthcare. Speaking during a campaign rally in Sydney with under a week to go before Australians hit the polls on May 3, the PM delivered his latest Medicare …