Oct 27, 2018

Feds loosen telehealth rules for Medicare Advantage plans

A telehealth consultation. Photo: BSIP/UIG via Getty Images

New proposed regulations, authorized by President Trump's budget deal from earlier this year, would open the door for Medicare Advantage companies to cover telehealth services for all enrollees starting in 2020.

The bottom line: This rule would give a leg up to the MA program, which is managed by the health insurance industry, since traditional Medicare strictly limits coverage of telehealth. The Congressional Budget Office has worried that telehealth visits will serve as add-on services to in-person clinic visits instead of acting as replacements, thus driving up Medicare spending.

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  3. Federal government latest: Acting Navy secretary resigns over handling of virus-infected ship — Trump removes watchdog overseeing rollout of $2 trillion coronavirus bill.
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Airline industry braces for a forever-changed world

Illustration: Sarah Grillo/Axios

The airline industry got a $58 billion lifeline in the coronavirus federal aid package. But the path is unclear for these companies, whose operations and prospects will be forever changed by the global pandemic.

Why it matters: People may want to minimize travel for the foreseeable future. Investors, analysts and industry watchers are trying to determine how much airlines will need to spend — and how much more in lost revenue they'll see — while they adapt to the new reality.

Trump denies seeing Navarro memos warning about toll of coronavirus

President Trump said at a press briefing Tuesday that he "didn't see" memos from his trade adviser Peter Navarro warning in January and February that the coronavirus crisis could kill more than half a million Americans and cost close to $6 trillion.

Why it matters: Trump insisted that despite not seeing the memos, he did "more or less" what Navarro suggested by banning non-U.S. citizens from traveling from China effective Feb. 2.