Government Programs
Medicare
You sign up for an Affordable Care Act marketplace exchange health policy sometime before you turn 65- and then you mistakenly stay there past age 65, when by law you need to switch to Medicare. That results in costly lifetime late-enrollment penalties on your Medicare premiums. Eligibility for Medicare begins at 65 for most people, and sign-up is automatic if...
WASHINGTON— An unexpected weakening in the finances of Social Security and Medicare has raised concern about the bedrock programs for the middle class. The projected insolvency for Social Security stayed unchanged— in 2034— but Medicare's moved three years closer, to 2026.. Both programs will start tapping their reserves this year, meaning that income from...
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The trustees of Social Security and Medicare issue their annual reports on the programs health, and doomsayers start talking about insolvency and bankruptcy. The reports issued on Tuesday yielded wildly inaccurate news stories- amplified by the social media echo chamber- suggesting that Medicare and Social Security are headed for insolvency in the...
The trustees of Social Security and Medicare issue their annual reports on the programs health, and doomsayers start talking about insolvency and bankruptcy. The reports issued on Tuesday yielded wildly inaccurate news stories- amplified by the social media echo chamber- suggesting that Medicare and Social Security are headed for insolvency in the...
The trustees of Social Security and Medicare issue their annual reports on the programs health, and doomsayers start talking about insolvency and bankruptcy. The reports issued on Tuesday yielded wildly inaccurate news stories- amplified by the social media echo chamber- suggesting that Medicare and Social Security are headed for insolvency in the...
WASHINGTON— Medicare will run out of money sooner than expected, and Social Security's financial problems can't be ignored either, the government said Tuesday in a sobering checkup on programs vital to the middle class. The report from program trustees says Medicare will become insolvent in 2026— three years earlier than previously forecast.
NEW YORK, June 5- The U.S. government's healthcare program for the elderly will exhaust its reserves for hospital insurance in 2026, three years earlier than last year's forecast, the Social Security and Medicare Boards of Trustees said in a report on Tuesday. Social Security program will exceed incoming revenues this year for the first time since 1982,...
CHICAGO, May 24- In September, the federal government will mail a handbook on Medicare enrollment to 43 million households. "Medicare& You" is an important, authoritative source on a wide array of plan options for the annual enrollment period that runs from Oct. 15 through Dec. 7, and it has been mailed out to beneficiaries each year since 1999.. Now, aging advocates...
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More than 40 percent of Social Security recipients have seen very little, if any, of their 2 percent increase in benefits.
The public feels strongly about doing something on drug prices and wants to see action, said Tricia Neuman, senior vice president and director of the program on Medicare policy at the foundation. Some of the ideas might help, but the plan bypasses an obvious remedy- one that President Donald Trump embraced as a candidate: allowing Medicare to negotiate drug...
Your Social Security retirement benefits could be worth more than $1 million over your lifetime, but chances are you don't fully understand them — and that could cost you.
WASHINGTON, May 14- The Trump administration is considering expanding Medicare's ability to negotiate the cost of drugs by giving private payers a role in setting the price of medicines administered in hospitals and doctors' offices, Health and Human Services Secretary Alex Azar said on Monday. Medicare is the national health insurance plan run by the...
The amount you pay for prescription drugs through Medicare depends partly on the insurance plan you choose and your income.
If you enroll in Medicare without weighing your options, you could end up with unexpected health costs. Here's how to avoid them.
Rob Olan and Ted Huber, partners at Deerfield Management who are on leave, were convicted of counts including wire fraud, securities fraud and conversion of government property, as was David Blaszczak, founder of political consulting firm Precipio Health Strategies. Christopher Worrall, who worked for the U.S. Centers for Medicare and Medicaid Services, was...
Rob Olan and Ted Huber, partners at Deerfield Management who are currently on leave, were convicted of counts including wire fraud and conversion of government property. David Blaszczak, founder of political consulting firm Precipio Health Strategies, and Christopher Worrall, who worked for the U.S. Centers for Medicare and Medicaid Services, were also...
Rob Olan and Ted Huber, partners at Deerfield Management who are currently on leave, were convicted of counts including wire fraud and conversion of government property. David Blaszczak, founder of political consulting firm Precipio Health Strategies, and Christopher Worrall, who worked for the U.S. Centers for Medicare and Medicaid Services, were also...
Medicare excludes some health care expenses from coverage. Here's what's not covered and how you can prepare.
The federal retiree health-care program is undergoing a few changes this year. Here's what high-income beneficiaries need to know.
May 2- U.S. health insurer Humana Inc reported higher-than-estimated medical costs in its core direct-to-consumer Medicare Advantage business for seniors and the disabled, sending shares down 2.1 percent. Its medical benefit ratio, or ratio of claims paid out to revenues brought in, for the so-called "retail" Medicare Advantage business was 87.4 percent.
