It’s Time For Medicare To Move Beyond Location, Location, Location

What’s the difference between getting an x-ray at the hospital and getting one at the doctor’s office? The former could cost a lot more than the latter. Medicare often reimburses hospitals...

Biden’s 2024 Federal Budget Proposal Extends Helicopter Government

It appears that instead of a federal fiscal budget that sticks to the basics, we are growing accustomed to an ambitious central government that doubles its spending every generation or so on new and e...

Medicare and HSAs don’t mix — what near-retirees need to know

Dear Ms. MoneyPeace, I am retiring this year and trying to understand Medicare. At this point I am covered fully by a company plan. I turned 65 last fall and plan to retire in August or September.  Wh...

Biden Wants to Close Tax Loopholes and Raise Taxes on Rich People to Protect Medicare

biden medicare When he was running for president, Joe Biden was very clear that he was not Bernie Sanders – he wasn’t a socialist, and he didn’t believe the American economy and poli...

Biden Proposes Taxing Higher Income Earners To Help Save Medicare

Topline The White House unveiled a budget proposal Tuesday to extend funding for Medicare at least till the 2050s by raising taxes on high-income individuals and negotiating lower prices for prescript...

Trump Attacks DeSantis On Truth Social—Playing Up Narrative That GOP Wants To Cut Social Security And Medicare

Topline Former President Donald Trump attacked Florida Gov. Ron DeSantis (R) over his stance on social security and medicare reforms on Monday—building on a strategy of tying his GOP opponents to what...

Here’s Why Medicare Isn’t the Answer

ebri healthcare study For the average American, healthcare in retirement will cost more than they have in their entire savings account. And unfortunately, Medicare won’t help. Healthcare, of cou...

The Real Federal Deficit: Social Security And Medicare

The taxes these retirees paid when they were working have already been spent. Nothing was saved for … [+] the future. Getty Images How much does the federal government really owe? According to t...

Humana Will Phase Out Employer Group Business To Focus On Medicare And Medicaid Health Plans

The Humana Inc. headquarters office stands in Louisville, Kentucky, U.S., on Friday, July 13, 2012. … [+] Photographer: Ty Wright/Bloomberg © 2012 Bloomberg Finance LP Humana will exit its “empl...

Opinion: Bernie Sanders and Elizabeth Warren’s bold tax hike to shore up Social Security

Elizabeth Warren and Bernie Sanders want to shore up Social Security by raising the top rate of income tax by a third, and the top rate of capital-gains tax by more than a half. The Democratic senator...

What To Know About Hospice, The Type Of Care Opted By Jimmy Carter

Topline Hospice care aims to provide physical and emotional comfort—not a cure—to patients with serious illness that are nearing the end of their life. Jimmy Carter opted to begin hospice care, the Ca...

Senators urge Medicare to cover Alzheimer’s treatments

U.S. senators on Friday called for Medicare to offer broad coverage of Alzheimer’s treatments approved by the Food and Drug Administration, warning that current restrictions cost patients precio...

‘Entitlement Reform’ Is a Self-Serious Non Sequitur That Won’t Shrink Government

Let’s get the obvious out of the way: Social Security and Medicare were and are impressively foolish ideas. That Americans desire comfortable retirement that includes healthcare is all the evidence we...

Retirees may face this hassle with Medicare Advantage, survey finds

Seniors who opted for private Medicare insurance plans should not be shy about pushing back on denials for pre-authorizations, according to a new study. Of the 35 million requests by Medicare Advantag...

Biden Uses Decades-Old Strategy In Attacking GOP On Social Security, Medicare

Topline President Joe Biden amplified his claims this week that the GOP wants to cut Social Security and Medicare, foreshadowing what will likely be a key campaign talking point in his potential 2024 ...

Why Cut Social Security and Medicare? Here’s Why.

Every election cycle, Democrats claims that Republicans would savagely cut or even end Social Security and Medicare. Today is no different. Yet Republicans continue to be elected, often controlling Co...

Democrats’ Price Controls Undermine Biden’s Cancer Moonshot

WASHINGTON, DC – MARCH 01: U.S. President Joe Biden delivers the State of the Union address during a … [+] joint session of Congress in the U.S. Capitol’s House Chamber March 01, 202...

Some Medicare beneficiaries are surprised with premium surcharges, which can triple premiums. Here’s how to appeal and avoid them

Premiums for Medicare Part B (which covers some doctor’s bills, home health care, and medical equipment) are pricey at $164.90 a month, about $1,979 a year. But 7% of people with Part B get hit with a...

This Is How To Save Social Security And Medicare

Washington’s runaway spending is highlighting the seemingly unstoppable growth of the big entitlement programs: Social Security, Medicare and Medicaid. Moreover, the trust funds for Social Security an...

Debit Limit Ceiling Crisis Could Hit Your 401(k), Social Security and Medicare

americas-debt-ceilin-crisis-SmartAsset America’s debt ceiling was reached – again – on January 19, 2023 as the country exceeded its $31.4 trillion spending cap. The cap was raised to...

Philip Esformes, whose prison sentence Trump commuted, loses appeal

Philanthropist Philip Esformes attends the 15th annual Harold & Carole Pump Foundation gala at the Hyatt Regency Century Plaza on August 7, 2015 in Century City, California. Tiffany Rose | Getty I...

Free Shingles Vaccine, Negotiable Prescription Prices & Other Medicare Changes in 2023

SmartAsset: Six Big Medicare Changes in 2023 The year 2023 brings changes to the rules, limits and options on all kinds of federal programs and Medicare is no exception. Roughly 65 million senior citi...

The Trillion Dollar Coin And Other Longshot Debt Crisis Solutions

Can Treasury mint a trillion dollar coin to avoid a bitter fight over the debt ceiling and a … [+] possible U.S. default? getty With Kevin McCarthy (R-CA) becoming Speaker of the House by giving...

Healthcare Priorities For The Next Congress

“At long last, Congress will likely turn its attention to things other than COVID-19,” writes Sally … [+] Pipes. “But Democrats have lost their legislative trifecta and will ha...

Millions at risk of losing Medicaid in the spring under $1.7 trillion federal spending bill

Millions of people who enrolled in the Medicaid public health insurance program during the Covid pandemic could lose their coverage in the spring if their state determines they no longer meet the prog...

This Could Make Your Medicare Premiums Even Higher. Here’s How to Avoid IRMAA.

People who think IRMAA is another hurricane may have a tax shock coming when they go on Medicare. IRMAA is short for income-related monthly adjustment amount. It frequently surprises retirees because ...

Why ‘work longer’ isn’t great retirement advice

Financial planners typically advise you to work for as long as you can, so you can juice up your retirement savings while holding out for a fatter Social Security check. But such advice presumes that ...

What’s Behind 2020’s Medicare Part B Premium Sticker Shock?

Medicare Part B documents The surprisingly big jump in Medicare Part B premiums for 2022 reflects the sky-high cost of a controversial Alzheimer’s disease drug. The premium hike will put more than a d...

Health insurance terms to learn as open enrollment begins

Halfpoint Images | Moment | Getty Images It’s open enrollment season, the time each year when millions of American workers and retirees must choose a health plan, whether new or existing. But pi...

AARP-Branded Medicare Drug Plan Is Too Costly for Many Retirees, Critics Say

The AARP name has become a marketing juggernaut among baby boomers, with the group’s nearly 38 million members receiving offers for AARP-branded health, life and auto insurance, and discounts on cellp...

Neither Party Has A Good Plan For Social Security And Medicare

It’s abundantly clear that neither party has a good plan to secure Social Security and Medicare for … [+] current and future beneficiaries. getty The future of Social Security and Medicare has u...