Premiums for Medicare Part B (which , home health care, and medical equipment) are pricey at $164.90 a month, about $1,979 a year. But 7% of people with Part B get hit with a special Medicare monthly surcharge that can boost those premiums dramatically. That surcharge is known as an , aka IRMAA. In 2023, … Read more
America’s debt ceiling was reached – again – on January 19, 2023 as the country exceeded its $31.4 trillion spending cap. The cap was raised to that amount in December 2021. As much terms like “ceiling” and “cap” are used in this discussion, the truth is this limitation is more of a temporary hindrance than … Read more
The year 2023 brings changes to the rules, limits and options on all kinds of federal programs and Medicare is no exception. Roughly 65 million senior citizens who rely on Medicare for health coverage will pay less for several things, but more for Part A coverage. They will also get free vaccinations and a long-needed … Read more
Getting older isn’t for the faint of heart. But of all the challenges of aging, paying for medical care can be one of the most daunting. The older we get, the more health care we need — and that costs a pretty penny. Medicare, , helps with those costs. But it’s not free: Most beneficiaries … Read more
The surprisingly big jump in Medicare Part B premiums for 2022 reflects the sky-high cost of a controversial Alzheimer’s disease drug. The premium hike will put more than a dent in the newly increased , which worked out to $92 a month for the average retired worker. If you’re wondering how to pay for healthcare after … Read more
The surprisingly big jump in Medicare Part B premiums for 2022 reflects the sky-high cost of a controversial Alzheimer’s disease drug. The premium hike will put more than a dent in the newly increased , which worked out to $92 a month for the average retired worker. If you’re wondering how to pay for healthcare after … Read more
With the open enrollment period for Medicare in full swing, millions of soon-to-be seniors are no doubt watching with envy as their slightly older peers lock in their “free” health care plans. But what’s a person to do if they’ve left the workforce, along with their employer-provided health insurance, and are still too young to … Read more
Next year, seniors will see three key changes to Medicare that could save them money. Premiums and deductibles on Medicare Part B are going down, while co-sharing costs for adult vaccines are going away. Insulin copays will also be capped starting in 2023. These changes could affect if seniors choose to switch their coverage options … Read more
Medicare open enrollment starts today, but 7 in 10 Medicare beneficiaries say they don’t compare Medicare plans during this period, according to a 2021 analysis by KFF, a health policy nonprofit. That’s not great, since — which operate much like the private insurance you may have had through an employer — change from year to … Read more
MADISON, Wis., Oct. 11, 2022 (GLOBE NEWSWIRE) — One of Wisconsin’s most popular Medicare supplement insurance products will soon be available in Arkansas. The EPIC Life Insurance Company®, a wholly owned subsidiary of Wisconsin Physicians Service Insurance Corporation (WPS Health Solutions), is planning to expand its Medicare supplement insurance, already being sold in 15 states, … Read more