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Posts Tagged ‘Alden’

Despite boost in social security, rising Medicare Part B costs leave seniors in bind

Wednesday, October 11th, 2017

News Medical reports:

“Millions of seniors will soon be notified that Medicare premiums for physicians’ services are rising and likely to consume most of the cost-of-living adjustment they’ll receive next year from Social Security.

Higher 2018 premiums for Medicare Part B will hit older adults who’ve been shielded from significant cost increases for several years, including large numbers of low-income individuals who struggle to make ends meet.

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4 Surprising Things Medicare Doesn’t Cover (and How You Can Pay for Them)

Wednesday, March 8th, 2017

The Motley Fool reports:

“Medicare covers more than 54 million beneficiaries, around 77% of whom are happy with their insurance. Yet this vital social program doesn’t cover every single beneficiary’s needs. If you’re covered by Medicare, or will be soon, it’s important to understand both its benefits and its limitations.

Medicare Part A pays for inpatient hospital care, skilled nursing care, hospice care, and home healthcare. Part B covers 80% of most routine care, but many Medicare recipients eventually experience a health need Medicare won’t cover. It helps to know what kinds of things Medicare won’t pay for and plan ahead for costs.

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Employer Paid Individual Health Insurance Policies Create the Potential for Significant Penalties, but Limited Relief is Available

Thursday, June 25th, 2015

National Law Review reports:

“Despite guidance from the Internal Revenue Service (“IRS”), the Department of Labor (“DOL”) and the Department of Health and Human Services (“HHS”) indicating the prohibition of the practice under the Affordable Care Act (“ACA”), some employers continue to reimburse employees for health insurance premiums. This practice could lead to thousands of dollars in penalties.

Notice 2015-17 is the IRS’ most recent guidance on such arrangements, reaching the same conclusions. It also, however, provides welcome penalty relief for certain employers.

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More than 100,000 in SC could lose health insurance if Supreme Court rules against subsidies

Wednesday, April 22nd, 2015

The State reports:

“Tim Liszewski didn’t have health insurance for a decade before signing up for a subsidized policy through the Affordable Care Act’s federal marketplace last year.

He likely will be uninsured again if the U.S. Supreme Court rules federal subsidies are illegal in states such as South Carolina that didn’t create their own insurance exchanges. The court hears arguments about that issue in the King v. Burwell case on Wednesday, with a decision likely coming in June.

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Medicare Spending Peaks at Age 96

Friday, February 27th, 2015

The Wall Street Journal reports:

More and more attention is being paid to end-of-life care. But much less attention is going toward what care is appropriate for the very old who are chronically ill but not in their last year of life.

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Challenge to Obamacare gets Supreme Court review

Wednesday, December 17th, 2014

Chicago Health Care Daily reports:

“The U.S. Supreme Court agreed to consider a challenge to the subsidies that are a linchpin of President Barack Obama’s health-care overhaul, accepting a case that suddenly puts the law under a new legal cloud.

Two years after upholding much of the law by a single vote, the justices today said they will hear a Republican-backed appeal targeting tax credits that have helped more than 4 million people afford insurance.

A ruling blocking those credits might unravel the Affordable Care Act, making other provisions ineffective and potentially destabilizing insurance markets in much of the country. The high court’s decision to hear the case comes days before the start of the law’s second open-enrollment season. A decision will come by June.

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How much will Apple bite into consumer health?

Monday, November 3rd, 2014

Benefits Pro reports:

“Apple’s recent moves in the health and wellness technology segment are not yet on the level of game-changers such as the iPod and the iPhone. But the coming release of the Apple Watch and the company’s HealthKit app has people talking — and competitors watching carefully.

The company’s latest piece of hardware, the Apple Watch, is not the first of its kind. But it’s likely to be the gold standard, due partly to Apple’s well-polished marketing machine and partly to some truly innovative and useful features.

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