We have been reporting recently that unless Congress passes new legislation soon there will be significant cuts in Medicare payments to health care providers, such as doctors and hospitals.  If that happens it is quite p ...

Last year the House of Representatives passed major legislation to lower drug prices that included giving the Secretary of Health and Human Services (HHS) the authority to negotiate for lower drug prices with drug compan ...

At the end of 2020, Congress passed the federal “No Surprises Act” as part of the end-of-the-year coronavirus relief legislation. The legislation bars surprise billing for out-of-network emergency care as well as out-of- ...

Tomorrow, Tuesday, March 23, the Senate Health, Education, Labor, and Pensions Committee’s Primary Health and Retirement Security Subcommittee is scheduled to hold a hearing on drug prices.  The hearing is titled, “Why D ...

The Senate has passed two measures that, while rather technical in nature, deal the prices of prescription drugs. One of the bills (S.415) would help lower drug costs by boosting competition and closing loopholes that ...

Passage of legislation in Congress is more complicated than most people realize.  The Constitution allows each chamber of Congress to set its own rules for getting it done. Because the House of Representatives has 435 ...

About 4 million people who turn age 61 this year are in for a deep hit to their Social Security benefits when they retire.  The initial retirement benefits of these individuals may be permanently reduced by about 9.1%, a ...

Seniors are often targeted for their money or identity, commonly with fraudsters asking seniors to send a payment through gift cards, by wire transfer, credit card, or other predatory schemes. Retailers, financial servic ...

Now that Congress has passed President Biden’s Covid-19 relief bill it must turn its attention immediately to passing legislation to delay billions of dollars in cuts to Medicare. The pending cuts are due to a rule, t ...

While many seniors rely on Social Security for nearly all their retirement income, for others it is part but not all their retirement.  Those seniors have investments they rely on to generate the income they need in thei ...