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Friday, February 10, 2023

The Daily Money: Expanded Medicaid coverage, free COVID tests to phase out

Expanded Medicaid coverage and free COVID tests and vaccines will end in 2023, federal officials told states, noting the health emergency is over. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Friday, February 10

Happy Friday! It's Paul Davidson bringing you the day's top stories ahead of Super Bowl weekend.

The COVID-19 public health emergency that provided generous federal funding to subsidize care and insurance coverage for millions is ending May 11, the Biden administration told states Thursday.

Some 15 million Americans who received Medicaid health coverage during the pandemic are at risk of losing it later this year. Also, private insurers will no longer be required to pay for home COVID tests. And vaccines and treatments will be free only until early summer.

Since the Omicron surge a year ago, COVID cases have dropped 92% and deaths fell more than 80%.

IRS to some Americans: Don't pay taxes – yet

The Internal Revenue Service warned taxpayers in about 20 states to hold off filing their tax returns until the IRS determines how – or whether – they should report money they got from their states though special tax refunds or payments last year.

The National Taxpayer Advocate criticized the IRS for waiting so long to address the issue.

📰More stories you shouldn't miss📰 

Who is the richest person in the world? It's not Elon Musk anymore.

Purina recalls some prescription dog food. U.S. officials identify two cases of pets getting sick.

Medicare targets drug companies that hike prices above the rate of inflation.    Penalties will be collected.

🍔Today's Menu🍔 

Dairy Queen is rolling out a new festive shake for St. Patrick's Day.

The Under the Rainbow Shake mixes strawberry flavor and rainbow sprinkles with DQ's vanilla soft serve, whipped topping and more sprinkles. The chain is also bringing back its shamrock-colored Mint Brownie Blizzard Treat.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

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