Medicare

Medicare’s Plan Finder Shows I Could Save $709 For Prescription Drugs

Nov 20 2023

If your Medicare Part D premium will increase by a lot in 2024, you could save a lot of money by shopping your policy....

forbes.com

Retiree Insurance as medicare Supplement?

Nov 19 2023

We have retiree insurance for one person costing $180 per month. We could, however, choose an ACA plan for much less based on our retirement income. Once we cancel the retiree plan we can never get it...

reddit.com

Insurance

Want Medicare. No social security until later

Nov 13 2023

Trying to sign up for Medicare online but the process keeps walking me through Social Security benefits which I DON’T want yet. Is this usual? How do I get on the correct path? submitted by /u/a...

reddit.com

Medicare Suppliment Plans - where to find unbiased information

Nov 09 2023

Medicare Suppliment plans - where do I look for unbiased information I want to switch from insurance though a job to a Medicare Suppliment plan but I am not sure where to look for unbiased information...

reddit.com

Are Medicare Part D Drug Plan Premiums Falling? We’re Skeptical.

Nov 07 2023

In several press releases over the last few months, the Centers for Medicare & Medicaid Services (CMS) touted improvements in Part D prescription drug plans....

forbes.com

Social Security And Medicare: Determine When To Take Your Best (…and Only) Shot

Nov 07 2023

For seniors, Social Security and Medicare are arguably two of the most prominent issues. You should not make these two important decisions on your own....

forbes.com

BCBS FEHP opting out Medicare and disable individuals from their prescription drug program

Nov 02 2023

BCBS FEHP has decided to opt out individuals who have BCBS Medicare A and B from their prescription drug program without their permission. This includes only the disable and elderly who are on Medicar...

community.aarp.org

If Your Drug Copay Is Outrageous, Your Medicare Part D Plan Might Not Cover It

Nov 01 2023

This can happen whether you have a stand-alone Part D drug plan or a Medicare Advantage plan that includes drug coverage....

forbes.com

The 3 Essential Medicare Decisions to Protect Your Health and Money with Ari Parker

Nov 01 2023

Check out Jeremy’s latest podcast on retirement planning by listening on “Apple Podcasts” or “Google Podcasts” or read below for 3 Medicare Decisions to Protect Your Heal...

keilfp.com

Health

The New York Times Greedy Geezer Myth

Oct 28 2023

The intergenerational-conflict myth is weaponized to cut Social Security and Medicare and make people work longer. The intergenerational – conflict myth intones that politicians who cut spending...

forbes.com

Spending

Social Security Rises In 2024, Offset By Inflation And Medicare

Oct 26 2023

Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 3.2% starting in January 2024....

forbes.com

Inflation

For Those With Diabetes On Medicare Part D, Insulin Is $35...If It’s Covered

Oct 25 2023

Many Medicare Part D drug plans are changing how many and which types of insulin they are covering in 2024....

forbes.com

Question about timing for Medicare sign up.

Oct 22 2023

Here’s the deal. My spouse turned 65 in July. He signed up for Part A same month. Still on my plan this year. He needs traditional Part B with a plan G Medigap and a Plan D, to start January 1st...

reddit.com

Medicare Open Enrollment: Why You Need to Assess Your Insurance Annually and 13 Tips for Getting Great Coverage

Oct 19 2023

Tis the season… No, even though Christmas decorations are crowding out Halloween on store shelves, it is not quite time for the winter holidays. However, if you are 65 or over, it is the season...

newretirement.com

Insurance

Medicare Surcharges (IRMAA): How the Wealthier Pay MORE for Coverage

Oct 19 2023

If you have enough wealth, your Medicare costs – specifically your premiums – might be more than you had bargained for. Not everyone knows this, but there are Medicare surcharges (official...

newretirement.com

FYI if you want to know the details of Medicare, get it straight from

Oct 19 2023

Medicare.gov themselves, especially folks like me who are not there yet, namely for US folks. Here is the 2024 Medicare and You Handbook from medicare.gov. Hard copies are still being sent out to Medi...

reddit.com

2024 Medicare Part B Premiums Announced

Oct 18 2023

October 2023 – The Centers for Medicare & Medicaid Services (CMS) has released the 2024 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs, and the 20...

topretirements.com

Transitioning from AHA to Medicare question

Oct 17 2023

My wife and I are currently on Obamacare. She turns 65 on February 25, thus will go on Medicare. Do we sign her up for AHA for two months, or can she go on Medicare since she is so close at the beginn...

reddit.com

The Inflation Reduction Act Has Made This Year’s Medicare Open Enrollment More Important Than Ever

Oct 16 2023

Buried somewhere in the text of the Inflation Reduction Act is one change that will have an immediate impact on Medicare Drug costs in 2024...

forbes.com

Inflation

Prepare To Pay More: Medicare Part B Premium And Other Costs Are Going Up In 2024

Oct 16 2023

From increased premiums to a revised Income-Related Monthly Adjustment Amounts (IRMAA), many Medicare-related costs are going up in 2024....

forbes.com

Prepare To Pay More—Medicare Part B Premium And Other Costs Going Up In 2024

Oct 14 2023

From increased premiums to a revised Income-Related Monthly Adjustment Amounts (IRMAA), many Medicare-related costs are going up in 2024....

forbes.com

Yikes! IRMAA is going to hit the wallet this year

Oct 13 2023

As the title states, the IRMAA surcharge is going to happen in 2024 for our Medicare Part B I was unable to manipulate revenue from 2022 low enough to avoid the surcharge. The revenue for 2022 was sig...

reddit.com

Get Your Medicare Vaccinations At The Right Place Or Prepare To Pay

Oct 11 2023

When it comes to Medicare, it matters whether you get your vaccinations at a pharmacy or at a doctor's office....

forbes.com

Criticisms of Medicare Advantage Marketing Continue

Oct 10 2023

A recent blog about advertisements for Medicare Advantage policies brought a torrent of criticisms from our readers that the ads flooding the airwaves and mailboxes are too vague and even misleading. ...

crr.bc.edu

All 10 Drug Co’s to Participate in Medicare Price Negotiations

Oct 04 2023

October 5, 2023 — The Biden administration announced that the pharmaceutical companies of all ten drugs selected for negotiation with Medicare to lower prices will participate. Several of them c...

topretirements.com

If we become Expats, what to do about Medicare?

Oct 01 2023

I know that we need to talk with a planner, but was hoping for some practical advice here. I am a Massachusetts teacher, and am planning to retire June 2027 to fully vest at 80% (I've paid into it a l...

reddit.com

Questions I have about Social Security and Medicare

Oct 01 2023

I (M66) reach FRA early 2024 at 66 1/2. I own my home and car, have some savings and investments, 401k, and a small pension. Simple 'back of the cocktail napkin' arithmetic leads me to believe I can a...

reddit.com

Surprise: Medicare Spending Far Less Than Expected

Sep 08 2023

Sept. 8, 2023 — The number of people using Medicare has grown steadily as baby boomers become eligible. But defying predictions, spending per Medicare recipient has levelled off, which brings un...

topretirements.com

Spending

Biden Administration Lists 10 Drugs Medicare Will Price Negotiate

Aug 29 2023

August 29, 2023 — Fulfilling a campaign promise to help save Medicare by controlling excessive drug prices, the HHS announced a list of 10 popular drugs that Medicare will negotiate the prices. ...

topretirements.com

First Alzheimers Drug Approved: Medicare Will Approve

Jul 07 2023

July 7, 2023 — Leqembi, the first drug shown to slow down Alzheimer’s disease, has been given full approval by the Food and Drug Administration (FDA). The new drug has been shown to be effecti...

topretirements.com

Advantage Plans Overtake Original Medicare

Jun 07 2023

June 7, 2023 — It has finally happened. For the first time, more people are enrolling in Medicare Advantage Plans than Original Medicare. The extra benefits and lower (sometimes zero) premiums a...

topretirements.com

YSK that you can't contribute to an HSA if you're enrolled in any part of Medicare

Mar 22 2023

I did NOT know this, and have spent the past two days trying to un-do my mistrake. Through this community, I found out about Boomer Benefits, and on their website, I read about the rule. It's illegal ...

reddit.com

Hsa

Medicare Basics: IRMAA - Break Down with Planning Demo

Mar 21 2023

Hey Everyone, A lot of you had direct messaged me or commented on the Medicare Basics post and had questions regarding IRMAA. I decided to make a youtube video that breaks down the issue more in depth...

reddit.com

Medicare Basics

Mar 21 2023

Hey Everyone, I wanted to provide a very brief summary on the basics of Medicare and some FAQs I get as a Financial Planner. Again, I want to stress this is a high level overview for those of you in h...

reddit.com

Do you have Active Coverage from a Medicare Advantage Plan, Medicaid or other Plans from Marketplace ( Obamacare)

Mar 20 2023

Paid Research Opportunity Savvy Cooperative is looking for people who have Active Coverage from a Medicare Advantage Plan, Medicaid Plan, or other plans from Marketplace (Obamacare) Details 10-min use...

reddit.com

Medicare supplement question

Mar 19 2023

Will be retiring in September of this year! Question about shopping for Medicare supplemental insurance. Will be going with traditional Medicare, not an advantage plan. When shopping for plans, do Med...

reddit.com

How Does Medicare Work? | Sensible Money

Mar 17 2023

There are several parts to Medicare. Here are some answers to common questions regarding how it works, when to enroll, and which parts are free....

sensiblemoney.com

Independent consultant on Medicare?

Mar 17 2023

Does anyone know how to find an independent consultant about Medicare? Agents who are incentivized by sales commissions can be very helpful, but they may not provide me with the optimal plans for my s...

community.aarp.org

Medicare, has anyone else experienced this?

Mar 15 2023

I think there is an unpublicized widespread problem with Medicare plans that wastes taxpayer money and premiums and supplies an unneeded service. I wish I could report this to the government, but you ...

reddit.com

Denied by AI: How Medicare Advantage plans use algorithms to cut off care for seniors in need

Mar 13 2023

submitted by /u/lebushjr[visit reddit] [comments]...

statnews.com

Biden Would Make Big Changes In How Medicare Hospital Insurance Is Funded

Mar 08 2023

Biden’s package, which the White House previewed yesterday, combines cost savings with tax increases....

forbes.com

Insurance

Social Security and Medicare Premium

Mar 06 2023

We are already on Medicare A & B. As we have not started SS yet, I pay the premiums directly on a quarterly basis. My understanding is once SS starts, the premiums will be taken from our monthly c...

reddit.com

Advantage Plans Deny 6% of Treatments

Mar 02 2023

Here’s something you should know about Medicare Advantage plans: the vast majority of these insurance policies require prior approval before a person can receive some medical treatments and serv...

squaredawayblog.bc.edu

Reality Check-Know What Medicare Does Not Cover, Ever

Feb 28 2023

Lots of folks expect that Medicare or Medicaid or a combination of these will pay for assisted living for their aging parents. When care is needed, and the parent is low on funds, find out the truth....

forbes.com

Your Experience with Medicare Advantage Plans

Feb 24 2023

I am looking to enroll in one to begin in April this year. I am currently looking at Optimum HealthCare, Inc. | Plan ID: H5594-002-0 but am seeing mixed reviews all over the place. I have medical issu...

reddit.com

Medigap Misconceptions Can Lead To Medicare Mistakes

Feb 22 2023

With Medicare, what you think you know can hurt you....

forbes.com

Mistakes

Some Surprises In Medicare Advantage Plans

Feb 21 2023

Know the long-term effects before choosing a plan....

forbes.com

How Will Social Security and Medicare Survive in the New Congress?

Feb 07 2023

February 7, 2023 — The debt ceiling is one of the big issues in the new Congress. How it plays out should be interesting, with Republicans narrowly controlling the House and the Democrats with a...

topretirements.com

Which Medicare plan when also have VA benefits…

Feb 07 2023

Hubby turning 65 this year… for the past many years he has only had VA health benefits.. 100% coverage. He is in great health, his mom lived to 91, he plays tennis 4 times a week, walks several...

reddit.com