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8 Major Medicare Changes for 2025: What You Need to Know

Social Security and Medicare Cards

“It’s the first time in the history of the Medicare program that people have a cap on how much they could have to pay out-of-pocket” Meena Seshamani, M.D., Director of the federal Center for Medicare. Several provisions of the Inflation Reduction Act of 2022 related to Medicare will be implemented in 2025. Medicare is evolving, […]

Medicare Advantage: Costs and Consequences

Traditional Medicare vs. Medicare Advantage

As over half of Medicare beneficiaries are now enrolled in Medicare Advantage (MA) plans, concerns are mounting over the increased financial burden these plans place on Medicare’s finances. Despite the higher costs, MA plans do not deliver better health outcomes or more affordable care for enrollees compared to Traditional Medicare.

Can I Avoid Costly Medicare Mistakes?

Elder Financial Abuse

Workers who are nearing age 65 and have health insurance through their job may want to consider how Medicare could factor into their medical coverage.

What Do I Need to Know During Medicare Open Enrollment?

IRA Conversion

Cleveland.com’s recent article entitled “6 things you should know about signing up for Medicare” gives us a few things you should know about Medicare: Who’s enrolled automatically? If you’re under the age of 65 and already receive Social Security benefits, you’ll be automatically enrolled in Original Medicare, which includes Medicare Part A (hospital insurance) and…

Should I Enroll in Medicare Before I Retire?

Medicare Health Insurance card - Medicare may be better than employer sponsored insurance.

A recent survey found that a third of those nearing retirement age (62-64) who plan to keep working past 65 don’t understand they can sign up for what is often more affordable Medicare coverage, even while they’re still employed. Kiplinger’s recent article, “Yes, You Can Sign Up for Medicare While You’re Still Working,” says that with retirement further away for many, some people must get some help understanding their options. The article answers some common questions concerning retirement postponement and Medicare coverage, including common misperceptions. Your retirement decision is personal and dependent on your situation. Access to health coverage is…

What Is New Proposed Law about Medicare?

US Capital Building new Medicare legislation

U.S. Rep. Blake Moore (R-UT) has joined congressional colleagues in offering proposed legislation that would provide Medicare recipients faster access to breakthrough medical devices approved by the U.S. Food and Drug Administration (FDA).

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