Seniors News

Tips for Selecting a Medicare Advantage or Part D Prescription Plan in a Year of Historical Change

If you are one of the approximately 66 million Americans who receive health care via Medicare, it is time to check your options and ensure you have the medical coverage you require at the lowest possible cost. Most enrollees will use the six-week open enrollment period Read more

"Most people only look to see if there is a zero balance and don't look at the other parts of the statement," Wyatt explained.

More Americans are retiring later in life, and while you are not required to sign up for Medicare when you turn 65, there are some important things to know to avoid fines.

While Medicare does not have a cap on the amount it will pay for therapy sessions, there is an annual coverage barrier that you should be aware of. What you need to know is as follows.

Medicare, like Social Security, is subject to annual changes. In some cases, such as higher out-of-pocket expenses, these changes can be detrimental. However, here are three positive Medicare changes to look forward to in 2023. Read more

The Kaiser Family Foundation stated that over half (48%) of Medicare users are enrolled in Medicare Advantage plans, an 8% rise from 2021.

The Inflation Reduction Act lowers out-of-pocket prescription expenses, caps insulin copays, and provides free immunizations.

The investigators urged Medicare officials to increase oversight of Advantage plans and provide customers with "clear, easily accessible information about serious violations."

Prescription drugs cost a lot of money for seniors.  People over the age of 65, on average, take 14–18 prescription medications per year. Unfortunately, the cost of prescription drugs has steadily risen over the years, putting significant financial strain on seniors....