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Medicare News
Medicare Advantage enrollment to see rapid growth
Medicare Advantage enrollment has doubled over the past decade, with about 45% of the Medicare population choosing Medicare Advantage, according to a new report by Better Medicare Alliance. Medicare Advantage is health insurance that offers…
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How going back to work can affect retirees’ Social Security and Medicare
Amid rising inflation and a volatile stock market, many retirees are returning to work. In April, Hiring Lab, the economic research arm of the job board Indeed.com, reported that as of March 2022, 3.2 percent of workers who retired a year…
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Third parties create a Medicare headache for insurers and employers
Dealing with Medicare-related issues in a workers' compensation claim has never been anyone's idea of a "good time" from an employer's and insurer's perspective. From the challenges Medicare creates with settlement, to the uncertainty it…
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How whistleblowers can report Medicare Part C fraud
Medicare Part C, or a Medicare Advantage plan, allows many Americans to receive health coverage and enjoy expanded services that they may not have previously had access to. Unfortunately, many unethical providers may still try to take…
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House bill could affect HSAs and Medicare beneficiaries
As health insurance costs continue to rise, many employers are offering their employees options for HSA plans to reduce health care costs. HSA plans have grown in popularity with more 32 millions of active HSA accounts in the United States.…
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Why do I get a Medicare Part D late enrollment penalty?
Americans who retire or are fired after age 65 with group benefits from the employer applying for Medicare Parts A and B must show that they have “credible” prescription drug coverage when applying for their new Medicare Part D.
If you…
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Medicare could waste $605 million on Alzheimer’s drugs
Vials containing an expensive and controversial drug for Alzheimer’s disease have a fixed size, but the amount required by patients varies widely, as it is administered by intravenous infusion in part based on body weight.
That problem…
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Government vigilantes are attacking Medicare Advantage
Congress should crack down on Medicare Advantage health plans for seniors that sometimes deny patients vital health care while charging the government billions of dollars each year, government oversight bodies told a House panel Tuesday.…
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Letting Medicare negotiate drug prices would save $ 290 billion
The Congressional Budget Office said that a pending proposal by Senate Democrats to allow Medicare to negotiate directly with pharmaceutical companies for lower prices would generate nearly $ 290 billion in savings and new revenue over ten…
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Traveling retirees need to check their Medicare coverage
If you are a Medicare retiree and want to travel, make sure you know if your insurance plan can help.
Whether you want to hit the road for a trip to the United States or go abroad, coverage at your destination depends on the specifics of…
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