By Alex Moore Medicare just punished drug companies for increasing the price of medicine faster than inflation. The Centers for Medicare and Medicaid Services (CMS) identified 64 drugs whose prices outpaced inflation ...
Category: Medicare Part B Articles
Benefits Bulletin: How Much Would Seniors Save If the U.S. Eliminates Taxes on Social Security Income
By Edward Cates, Chair, TSCL President Trump laid out a major new policy proposal in December on his social media platform, Truth Social. “SENIORS SHOULD NOT PAY TAX ON SOCIAL SECURITY!” he wrote, suggesting that he w ...
Biden Proposal to Expand Medicare Access to Weight Loss Drugs Hangs in the Balance
By Alex Moore In November, former President Biden proposed expanding anti-obesity drugs, like Wegovy, for people with Medicare and Medicaid coverage. These drugs are currently only covered for people who use them to t ...
Tax Season and Your Social Security Benefits
By Edward Cates, Chairman, TSCL It’s already February, which means that this year’s tax deadline of April 15 is just a few short weeks away. For many Social Security recipients, especially people who have just starte ...
Part B Premium Increase Of 14.5% One of Highest On Record
Although the annual cost-of-living adjustment (COLA) will increase benefits by 5.9% in 2022 — the highest inflation adjustment in 40 years — the Medicare Part B premium increase is still rapidly outpacing the COLA percen ...
Alzheimer’s Drug Could Increase Part B Premiums for Everyone
A newly approved drug to slow the progression of Alzheimer’s disease is drawing criticism for it’s $56,000 price tag, especially given its lack of proven effectiveness. Aduhelm stirred controversy when the Food and Drug ...
Backdoor Medicare Cut Could Raise Your Out-of-Pocket Costs
A new Medicare cost-saving rule that was launched late in 2020 will cut payments to hospitals for some surgical procedures and could potentially raise costs for Medicare recipients. According to an article by Susan Jaff ...
Q & A: June 2021
Q: I’m turning 65 later this year. I currently receive my healthcare insurance through my wife’s employer. How does Medicare work with this insurance? May I delay enrolling in Medicare? A: This is a great questio ...
Q & A: April/May 2021
Does Medicare Cover Eyeglasses? Q: Does Medicare provide coverage for eye care services or eyeglasses? A: Medicare pays for a wide range of services including many preventive benefits, but routine eye care is no ...
How Much of Your Social Security Is Taken By Medicare Costs?
By Mary Johnson, editor The Centers for Medicare and Medicaid Services recently announced that the standard Medicare Part B premium will be $148.50 in 2021, an increase of $3.90 per month from $144.60 in 2020. That i ...
Close