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Retirees on Social Security could see monthly benefit rise in 2023 due to inflation
Key Points High inflation points to a possible 9.6% Social Security cost-of-living adjustment in 2023, according to a new estimate...
dbaltimore
Aug 10, 20223 min read
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Dems on the brink of sweeping Medicare changes
Democrats are on the cusp of making the most significant changes to Medicare in more than a decade, which would bring lower drug prices...
dbaltimore
Aug 9, 20222 min read
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Social Security: 3 Reasons Why Record COLA Increase in 2023 Could Backfire on Seniors
The Social Security Administration recalculates Social Security benefits annually to keep pace with inflation. The cost of living...
dbaltimore
Aug 8, 20223 min read
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Medicare scams are on the rise. Here are four tips to avoid them
Scammers often use deceptive tactics to lure unsuspecting seniors into sharing their Medicare number. They might offer to send free...
dbaltimore
Aug 8, 20226 min read
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Sen. Rick Scott says Inflation Reduction Act is ‘a war on Medicare’
Sen. Rick Scott (R-Fla.) voiced his opposition to the landmark climate, tax, and health legislation the Senate is in the process of...
dbaltimore
Aug 7, 20222 min read
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Medicare penalties can last a lifetime...Don't get caught in the trap
Part A late enrollment penalty Some people have to buy Part A because they don't qualify for premium-free Part A. If you have to buy...
dbaltimore
Aug 4, 20221 min read
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Average premiums for Medicare prescription drug coverage are set to dip to about $31.50 a month
A small drop in monthly premiums to roughly $31.50 from $32.08 is expected for Part D prescription drug coverage in 2023, the...
dbaltimore
Aug 2, 20222 min read
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What Do You Need To Know About The Health Of Social Security And Medicare?
A lot of doomsayers are claiming Social Security and Medicare are going bust. What are the facts? This is the story from the latest...
dbaltimore
Aug 1, 20222 min read
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Fixing Medicare: What if the doctor was always in?
Canadians of a certain age can recall a time when, if you didn’t get your shopping or banking done during what were then very limited...
dbaltimore
Aug 1, 20223 min read
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Medicare Supplement (Medigap) vs. Medicare Advantage Plans
Medicare is a fee-for-service health insurance program for aging individuals. It comes with an alphabet soup of parts that offer...
dbaltimore
Jul 29, 20228 min read
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UnitedHealth Group says Medicare Advantage saves money, but the data say otherwise
This past June, UnitedHealth Group’s top two executives, Andrew Witty and John Rex, told a crowd at an investor conference that...
dbaltimore
Jul 26, 20223 min read
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Retirees don’t live on ‘fixed incomes
I recently talked to one more reporter who commented that our current inflation situation must be particularly hard for retirees who...
dbaltimore
Jul 25, 20223 min read
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Social Security Benefits Could Increase By Almost 8% For 2023
Analysis by the Social Security Administration, as reported by Stephen Goss, the chief actuary of the SSA, shows that Social Security ...
dbaltimore
Jul 20, 20222 min read
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Medicare Supplement Insurance Market Is Booming Worldwide : Humana, Mutual of Omaha, AARP / UHC
New Jersey, USA -- (SBWIRE) -- 07/18/2022 -- The latest study released on the Global Medicare Supplement Insurance Market by AMA...
dbaltimore
Jul 19, 20221 min read
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Medicare Costs for Cancer Drugs Nearly Doubled in Past 4 Years
Spending for oncology drugs markedly increased from 2016 to 2020 for Medicare Part B and D, and this was observed both overall and per ...
dbaltimore
Jul 19, 20223 min read
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The Financial Health of Medicare and Social Security: A Closer Look
Forecasting the financial health of Social Security and Medicare brings to mind that old saying: “It’s tough to make predictions,...
dbaltimore
Jul 12, 202211 min read
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What is Medigap Coverage Used For?
As you approach the age of 65, you become one of the most popular people in the world. It seems like overnight you start receiving mail ...
dbaltimore
Jun 29, 20225 min read
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Medicare Advantage Plans Have Great Promise But They Are Not Delivering
Medicare Advantage (MA) managed care plans have the potential to vastly improve care for older adults in the US. A fully-integrated...
dbaltimore
Jun 29, 20224 min read
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Thinking About Medicare Advantage To Escape Part B? Think Again
At a recent conference, I had a conversation with James, a sales representative from Florida, about Medicare. He is retiring this fall ...
dbaltimore
Jun 29, 20222 min read
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Americans can expect to pay a lot more for medical care in retirement
Key Points A 65-year-old couple retiring in 2022 will spend an average $315,000 in health-care and medical expenses in their...
dbaltimore
May 19, 20223 min read
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