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Archive for the ‘Medicare’ Category

4 healthcare costs in retirement no one warns you about

Monday, May 20th, 2019

MSN Money reports:

“Many Americans are stressed about paying for late-in-life healthcare.

Studies show that over a third of US adults are more concerned about covering health costs in retirement than paying off debt and affording lifestyle expenses right now, but only about half have a financial plan in place for the future.

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How your health care would change under “Medicare for All”

Monday, April 15th, 2019

Axios reports:

“Bernie Sanders’ “Medicare for All” push has upended Democratic politics almost as thoroughly as it would upend the health care system.

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American Hospital Association Issues Statement on Senate Medicare for All Proposal

Monday, April 15th, 2019

Insurance News Net reports:

“The American Hospital Association issued the following statement by Executive Vice President Tom Nickels:

“America’s hospitals and health systems share the goal of achieving universal coverage for all Americans. However, “Medicare for All,” while promising a one-size-fits-all solution, would instead take away choice from millions of Americans and put access to vital health care services at risk.

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Nancy Pelosi urges caution on ‘Medicare for All,’ says Obamacare is best path to ‘quality, affordable’ health care

Tuesday, April 9th, 2019

CNBC reports:

“In an interview with The Washington Post published this week, House Speaker Nancy Pelosi challenged a health-care proposal touted by many Democrats, questioning if the “Medicare for All” bill will be able to supply as much coverage as the Affordable Care Act.

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A Rare Loss for U.S. Pharma Lobby Will Cost the Industry Billions

Monday, April 9th, 2018

Bloomberg reports:

“Deep in a budget deal Congress passed earlier this year — just 118 words in Section 53116, a little before passages on prison reporting data and payment yields for seed cotton — was a hit to pharmaceutical companies that will cost them billions, and could signal more losses to come.  (more…)

Scammers Are Using New Medicare Cards to Try to Trick Seniors

Thursday, April 5th, 2018

The Motley Fool reports:

“If you’re a senior on Medicare, new cards are coming soon. New cards will be mailed out between April 2018 and April 2019, and these new cards will no longer have your Social Security number on them.

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Medicare Advantage Plans Cleared To Go Beyond Medical Coverage — Even Groceries

Thursday, April 5th, 2018

The Washington Post reports:

“Air conditioners for people with asthma, healthy groceries, rides to medical appointments and home-delivered meals may be among the new benefits added to Medicare Advantage coverage when new federal rules take effect next year.

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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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7 Healthcare Expenses Medicare Won’t Pay For — The Motley Fool

Friday, August 18th, 2017

Yahoo Beauty reports:

“If you’re looking forward to getting Medicare because you think this health insurance for seniors will provide comprehensive coverage, you may end up disappointed. Studies have shown seniors with high-prescription drug needs could incur as much as $350,000 in out-of-pocket spending on healthcare during retirement, even with both Medicare and a supplementary Medigap policy.

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How Safe Is Your Medicare?

Friday, August 18th, 2017

The Fool reports:

“There are several popular misconceptions about the financial condition of Medicare, which virtually all American senior citizens rely on to cover healthcare expenses in retirement. Many people believe Medicare is broke, or that there’s virtually no chance that Medicare will still be around by the time they retire. Spoiler alert: Neither of these assumptions are true.

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