Medicare Program - Latest Medicare and Medicare News - Latest News on the Medicare Advantage Program

In an effort to crack down on deceptive practices by Medicare Advantage providers, Democratic Reps. Mark Pocan, Ro Khanna and Jan Schakowsky reintroduced legislation on Tuesday that would ban private insurers from using the label "Medicare"…
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Medicare is designed to help beneficiaries save money on health care. But there are three simple mistakes people can make that could end up costing them a fortune, or at least a significant portion of their retirement savings. Whether…
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Inflation has become a particularly pressing issue for retirees. The standard Medicare Part B premium increased by 14.5% in 2022. Prices for food, gas, and some utilities have also increased at a double-digit rate. Clearly, the 5.9%…
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The Senate voted on a sweeping climate, tax and health care bill that contains major measures to lower prescription drug prices within the Medicare program, allowing the government to negotiate drug prices for the first time and limit…
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Forgotten or lost money is actually very common in the United States. According to the National Association of Unclaimed Property Administrators, there are literally billions of dollars in unclaimed funds sitting in state treasuries and…
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The Inflation Reduction Act, proposed by Senate Democrats, is expected to save Medicare nearly $300 billion in drug prices without reducing benefits. On July 27, Senate Majority Leader Chuck Schumer and West Virginia Senator Joe Manchin…
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The original text included provisions that would cap insulin prices for Medicare patients and people with private insurance, but the latter did not garner enough support. More than 37 million Americans have diabetes, a chronic disease that…
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At the current rate, Medicare's hospital insurance trust fund will run out of money by 2028, according to the June 2022 report from the Medicare administrators. That's a two-year extension from the previous estimate, but experts say it's…
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Whether you’re a W-2 employee or self-employed, you pay Social Security and Medicare with every paycheck. For W-2 employees, 6.2% of your salary, up to a $ 147,000 limit in 2022, goes to Social Security, while 1.45% goes to Medicare. Your…
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For some retirees, there is an additional cost associated with Medicare premiums that can ambush family budgets. Most Medicare enrollees pay the standard premium amounts for Part B (outpatient care) and Part D (prescription drugs).…
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