Medicare Part D
Payment plan for drugs in 2025
One of the many changes the Inflation Reduction Act (IRA) changed is how Medicare recipients can pay for prescription drugs. Medicare beneficiaries may choose to participate in a program that will spread the costs across several months instead of being…
Ask Rusty – Shocked Because Medicare Increase Results in Loss of Social Security Benefits
Dear Rusty: My wife and I have taken a Social Security “Cut” — no 3.2% raise for us, due to something called “IRMAA,” based on our income. We actually took, together, a $400 a month cut. As far as I…
Curious about Medicare Advantage?
Are you turning 65 this year and confused about Medicare and Medicare Advantage; you are not alone. It is good to educate yourself on Medicare, usually referred to as original Medicare and Medicare Advantage. Both have their pros and cons…
Here are the Medicare basics
More than 10,000 people turn 65 every day in the United States. Knowing your options for health care are more important than ever before. Medicare is the federal health insurance program for people who are 65 or older. Understanding Medicare…
Ask Rusty – For Some Simple Guidance About Medicare
Dear Rusty: I’m nearing 68 years old, have never signed up for Medicare but thinking that I should look into it. I’m currently covered by my wife’s health insurance through her employer. I would greatly appreciate some simple guidance regarding…
Do you want to ditch your Advantage Plan?
The open enrollment period allows people already on Medicare to switch to a different plan that suits their needs better or add prescription coverage to their existing plan. Should you drop your Medicare Advantage plan and go to the original…
COLA Watch: Some Ups and Downs, Maybe?
While some news accounts are predicting Social Security cost of living adjustments (COLAs) in the 3% range for 2019–highest since 2012–others are discussing the potential for a drop in certain Medicare premium rates. In the coming days and weeks, we’ll see…