medicare
The ongoing battle over Medicare and Social Security
The newly elected Speaker of the House, Mike Johnson, has stated, “The greatest threat to our national security is our nation’s debt.” The Speaker has promised to establish a 16-member bipartisan commission to examine the Social Security and Medicare solvency…
Now is the time for many seniors to make changes to their Medicare coverage
Medicare open enrollment is happening now through December 7th, during which Medicare plan enrollees can reevaluate their existing Medicare coverage. There are several things every Medicare beneficiary can do to get in the Medicare Open Enrollment routine. Keith Speights outlines…
What you need to know about Medicare Advantage plans
Medicare open enrollment –annual election period (AEP)- refers to an enrollment period from October 15th through December 7th, during which Medicare plan enrollees can reevaluate their existing Medicare coverage. If you are 65 or older, you have probably received a…
What do the Medicare Savings Programs cover for low-income Medicare beneficiaries?
The Centers for Medicare and Medicaid Services (CMS) finalized a rule to help low-income Medicare beneficiaries to the Medicare Savings Programs. What is the Medicare Savings Program? Medicare Savings Programs cover premiums and, in most cases, cost sharing for Medicare…
Medicare Advantage isn’t right for everyone.
Medicare open enrollment – also known as the annual election period (AEP)- refers to an enrollment period from October 15th through December 7th, during which Medicare plan enrollees can reevaluate their existing Medicare coverage. It is also when those pesky…
If you’re not asking these questions, you should be
Open enrollment season has started for many people on Medicare and soon for the Affordable Care Act marketplace recipients. During this time, it is important to understand the changes to your plan and to anticipate your healthcare needs in the…
Medicare marketing complaints increase
Medicare’s open enrollment season is upon us, with the barrage of television commercials, tons of junk mail, and other forms of social media marketing all persuading us to why we should join their Medicare Advantage health plan. However, Medicare Advantage…
The Inflation Reduction Act’s big vaccine changes
The Inflation Reduction Act (IRA) of 2022 changed the vaccination coverage -plus reduced the cost of receiving those vaccines for people on Medicare. In 2023, “the IRA made adult vaccines recommended by the Advisory Committee on Immunization Practices available at…
Another important date for retirees
On October 12th, the Social Security Administration will announce the 2024 cost-of-living adjustment (COLA). However, there is another day that will be just as important. It is the day the Centers for Medicare and Medicaid Services (CMS) announces the 2024…
Keep these Medicare rules on your radar if you’re about to sign up
Medicare is the federal health insurance program generally for people who are 65 or older. Medicare has recent rules on when to sign up, how much you pay, and how the program works. Many people who are retiring do not…