More than 65 million Americans rely on the program for their health insurance, with a significant proportion of those being seniors facing retirement.
A bipartisan group of lawmakers wants to hike Medicare fees for doctors by 6.62%, offsetting inflation and cuts made this year and before
Bill to pay for multi-cancer early detection screening test has bipartisan support, but just ran out of time last session.
The Trump administration’s Centers for Medicare & Medicaid Services (CMS) has signaled that it will be revamping the process of negotiating prices for certain Medicare Part D drugs with input f | The agency said it is "considering opportunities to bring greater transparency" and will consider stakeholder feedback on the program.
The U.S. government said on Wednesday it will consider opportunities to "bring greater transparency" for the Medicare drug price negotiation program under President Donald Trump's administration. The price negotiation process was established under former President Joe Biden's signature Inflation Reduction Act in 2022.
Once a person buys a Medigap policy, it is guaranteed renewable. With few exceptions, the insurer must renew the policy each year, if the beneficiary chooses, without any medical underwriting. Premiums must be the same as for others in the beneficiary’s class.
Medicare may cover medically necessary deviated septum surgery, but there are specific rules and exclusions to be aware of.
Premiums and deductibles tend to increase regularly, and 2025 is no exception. The Part A annual deductible for hospital stays rose from $1,632 to $1,676, and the Part B annual deductible for medical insurance (including services from healthcare providers, outpatient care, home healthcare, preventive services, and more) jumped from $240 to $257.
Fidelity puts the average cost of healthcare in retirement at $165,000 for someone aged 65 retiring in 2024, and that's just an average. If you end up with a lot of health issues as a retiree, your out-of-pocket costs could be higher.
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Among the first 10 drugs selected for price negotiations under the 2022 Inflation Reduction Act, cardiometabolic medications consumed more than 80% of Medicare Part D spending, researchers reported.Delayed negotiations may incur significant excess federal spending,