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Social Security and Medicare Trust Funds Get Reprieve

Category: Medicare

May 8, 2024 — There is some rare good news for both Social Security and Medicare – their trust funds will run out of money later rather than sooner. The date when the Medicare funds will be exhausted has been pushed out 5 years, to 2036. Social Security got a…

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Published on May 7, 2024
Comments 1

Medicare Part D Premiums 2024 to Spike

Category: Medicare

November 23, 2023 – Medicare Part D Premiums will rise sharply in 2024 in at least 5 states, according to a report from Health View Services. The rates jump has several causes. One comes as byproduct of President Biden’s success in lowering out of pocket costs for…

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Published on November 23, 2023
Comments 10

2024 Medicare Part B Premiums Announced

Category: Medicare

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 2024 Medicare Part D income-related monthly adjustment amounts.  Medicare Part B Premiums and Deductibles Medicare Part B covers physicians’…

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Published on October 18, 2023
Comments 0

10 Drugs Will Negotiate Medicare Price

Category: Medicare

October 5, 2023 — The Biden administration announced that 10 drugs will negotiate Medicare price to lower prices in the future. Several of them complained of being ” forced” to sign on; but all will participate to avoid penalties if they do not agree to negotiate prices.  The White House…

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Published on October 4, 2023
Comments 4

Surprise: Medicare Spending Far Less Than Expected

Category: Medicare

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 unexpected good news for U.S. taxpayers. Speaking with the New York Times, Harvard professor David Cutler…

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Published on September 8, 2023
Comments 6

Biden Administration Lists 10 Drugs Medicare Will Price Negotiate

Category: Medicare

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. The historic move marks the first time that the U.S. government has taken the steps so many other…

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Published on August 29, 2023
Comments 2

First Alzheimers Drug Approved: Medicare Will Approve

Category: Health and Wellness Issues

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 effective,  slowing declines in memory and thinking by about 27% after 18 months. It…

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Published on July 7, 2023
Comments 2

Advantage Plans Overtake Original Medicare

Category: Medicare

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 are just too attractive. Not everyone is convinced, however. In January 2023, half of the 30 million people…

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Published on June 7, 2023
Comments 43

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