Here is a breakdown of how the Inflation Reduction Act of 2022 will impact how Medicare Beneficiaries pay for their prescription drugs: 1. Current vs. Future Costs: Right now, even if you hit your “out-of-pocket limit” for Medicare Part D, you might still have to pay 5% of your drug costs, which could add up [...]
Regret signing up for Medicare Advantage? You can get a do-over now Source: Medicare Advantage Disenrollment Period: Key Facts to Know | Money
Bursting with the policymaking power that control of both houses of Congress and the White House gives Republicans , House Speaker Paul D. Ryan (R-Wis.) has lost no time in teeing up a favorite goal: gutting Medicare . Source: Paul Ryan is determined to gut Medicare. This time he might succeed - LA Times
They consume more than 50% of federal spending, and will only gobble more as baby boomers age. Source: Social Security and Medicare: Threats to America's Prosperity
A little known rule, called “seamless conversion,” allows insurance companies to automatically switch members of its non-Medicare insurance plans into their Medicare plans when they reach 65, the age of Medicare eligibility. Source: It’s a Medicare surprise for senior citizens not paying attention | The Charlotte Observer
Source: Questions and Answers for the Additional Medicare Tax
Medicare usually only covers things that are deemed medically necessary by your doctor or another health care professional. But what's considered "medically necessary"? Source: I keep falling. Will Medicare cover a home health aide? | PBS NewsHour
