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Synopsis of the New York Times article (August 7, 2025): The Trump administration delayed a Biden-era Medicare policy to limit coverage for costly skin substitutes, like placenta-based bandages for chronic wounds, costing Medicare over $2.3 billion since April 2024. These products, some priced at $11,051 per square inch, benefit companies like Extremity Care, which donated $5 million to a Trump-affiliated super PAC. After its CEO met Trump at a dinner, the policy was postponed until 2026, allowing continued high reimbursements. Medicare spending on skin substitutes hit $10 billion in 2024, fueled by lax pricing and questionable efficacy, raising concerns about waste and influence.
#MedicareWaste #TrumpInfluence #BusinessGreed #DOGEisFake