News
The Medical Expense A Soon-To-Be Retiree Should Pay For Before Retirement
18+ hour, 5+ min ago (259+ words) The Medical Expense A Soon-To-Be Retiree Should Pay For Before Retirement'AOL.com If you've got a sizable nest egg stashed away and retirement is just around the corner, it may seem like your days of worrying about money are long…...
Need help paying your Medicare Part B premium? Start here
1+ day, 12+ hour ago (306+ words) Reader questions keep coming in about Medicare costs, and this one comes up more than almost any other. Is there help available for people who are struggling to cover the monthly Part B premium? The answer is yes, and the…...
Americans Concerned New Medicare Advantage Coverage Limitation Is Too Vague
2+ day, 18+ hour ago (275+ words) The new limits on Medicare Advantage are related to a program put in place by the Bipartisan Budget Act of 2018. Some Americans who commented on the rule change were concerned that it was too vague. CMS offered some guidance, but…...
Trump Just Warned The Iran War Will Cost You Your Medicare
2+ day, 23+ hour ago (475+ words) At a White House Easter lunch on Wednesday, President Trump told attendees that the federal government can't pay for programs like Medicare and Medicaid while fighting the war with Iran. "It's not possible for us to take care of daycare,…...
New Medicare Changes Could Result In Some People Losing Coverage
3+ day, 12+ hour ago (885+ words) A lot of retirees hear "Medicare changes" and assume that means higher premiums, new plan rules, or drug-cost updates. But one of the biggest risks right now is more administrative than medical: changes tied to Medicaid and Medicare cost-assistance programs…...
Trump officials consider auto-enrolling seniors in Medicare Advantage — what it could mean for your health care costs
3+ day, 22+ hour ago (489+ words) Most Americans become eligible for Medicare at age 65, but choosing how to enroll isn't always a straightforward process. That's why a policy now under consideration could have outsized consequences. Trump administration officials say they are exploring whether to automatically enroll…...
You may need close to $500K in additional retirement savings just to cover health care costs — how to prepare now for this financial shock
6+ day, 22+ hour ago (912+ words) For many entering their retirement years, Medicare offers a plan forward. But the federal health insurance program might not cover as much as you think " and for some couples, not nearly enough to last their full retirement. According to recent…...
Congress Quietly Changes Medicare Coverage Rules Affecting Millions
2+ week, 3+ day ago (374+ words) Many seniors age 65 and over rely on Medicare coverage. A change was recently made to the coverage rules when Congress passed the PREVENT Diabetes Act. The legislation also made another change to help benefit seniors. Older Americans count on Medicare…...
Saving on Medicare Advantage by Comparison Shopping
4+ week, 2+ day ago (160+ words) Saving on Medicare Advantage by Comparison Shopping'AOL.com Broadcast Retirement Network's Jeffrey Snyder discusses the importance of comparison shopping any product, but especially Medicare Advantage, with eHealth's Whitney Stidom. 'Survivor' winner accused of not paying taxes now owes triple the…...
The Medicare Penalty That Could Cost You $10,000 -- and How to Avoid It
1+ week, 2+ day ago (407+ words) Medicare requires you to enroll the year you turn 65. Forget to enroll, and you're likely to get hit with a 10% penalty for each year you delay. There's a relatively simple solution if you miss enrollment the year you turn 65. The…...