Columbus, OH

The Biden administration said on Wednesday that Medicare enrollees will pay less for 64 prescription drugs available through Medicare Part B. The savings are part of a program established with the Inflation Reduction Act in 2022 and is meant to rein in drug price hikes — a key goal of the Biden Administration.

The Biden administration is lowering the price of 64 prescription drugs with inflation rebates

Fortune

People very limited financial resources may qualify for Medicaid to help pay for health costs not covered by Medicare. Health care expenses often increase as people age, due to more health challenges and care needs. According to the Centers for Medicare & Medicaid Services, U.S. adults ages 65 and over...

Who is eligible for both Medicare and Medicaid?

CNBC’s Angelica Peebles joins 'Power Lunch' to discuss Medicare's unveiling of its negotiated drug prices.

Medicare set to unveil its negotiated drug prices

With Kamala Harris as the front-runner to replace President Joe Biden as the Democratic nominee in the 2024 election, here's what to know about where she stands on key money issues. Harris has supported legislation and advocated for policies regarding retirement, taxes, workers' compensation and more. As voters adjust to...

Here's what a Kamala Harris administration could mean for your wallet

New York State

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Dicle Belul

Democratic U.S. Congressman Pat Ryan of New York has proposed the Improving Access to Emergency Medical Services for Seniors Act, aiming to introduce at-home care services under Medicare coverage. The bill advocates for a "treatment-in-place model" to provide minor health issue treatment at home, eliminating the need for Medicare patients to be transported to hospitals for reimbursement. This change attempts to alleviate the financial burden on taxpayers and recognizes the essential role of emergency medical service providers.

Expanding Medicare: Enhancing Care for Seniors

Fox News

After President Joe Biden’s announcement on Sunday that he's dropping out of the 2024 presidential race, doctors weighed in on how this decision may impact Biden's cognitive health from here.

After Biden drops out of race, doctors reveal why the decision may have been best for his health

New York City, NY

Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

The American Medical Association—along with all 50 state medical societies and 76 other health organizations—have written (PDF) congressional leaders urging them to pass legislation vital to the sustainability of physician practices. Facing yet another cut in Medicare payments, physicians are urging Congress to pass legislation that has been introduced and has wide support within the physician community.

With physicians facing Medicare cuts, AMA and others urge Congress to act

The Motley Fool

Social Security benefits could lose buying power for the second straight year in 2025, something that hasn't happened since 2021.

Social Security's 2025 Cost-of-Living Adjustment (COLA) May Do Something It Hasn't Done Since 2021

Social Security is a major source of income for most retirees. Yet most people don't know how much income they may receive from the program. Here's how to access your Social Security retirement benefit estimate. For most retirees, Social Security benefits is a major source of income. Yet, just 11%...

Most people don't know how much their Social Security retirement benefits may be. Here's how to tell

WashingtonExaminer

The Department of Veterans Affairs predicts it will have a $15 billion budget shortfall, which would put disability, medical, and benefit payments to over 7 million veterans and survivors at risk. The shortfall is attributed to an increase in filing prompted by the PACT Act. For this year, the DVA expects to be $2.9 billion […]

Millions of veteran benefits at risk as VA deals with predicted $15 billion budget shortfall

The Forward

As Democratic leaders and donors express support for and confidence in Vice President Kamala Harris as the potential Democratic presidential nominee following President Biden’s decision to withdraw from the race, her family, including stepdaughter Ella Emhoff, are back in the spotlight.  Emhoff, the 25-year-old daughter of Doug Emhoff, the second gentleman, is a Parsons School...

Who is Ella Emhoff? How Kamala Harris’ stepdaughter could affect her run for president

Over time, the symptoms of dementia will get worse, which is why it’s important to create a care plan. Age-related memory loss is common, but more serious memory problems may be a sign of dementia, which is not a normal part of aging. “Dementia is a set of symptoms...

Does Medicare pay for dementia care? Here’s what coverage you can expect for treatments and therapies

Hydrocodone is a generic drug that’s prescribed for severe pain. The ER tablet is available as the brand-name drug Hysingla ER. The ER capsule is not available in a brand-name version. The cost of hydrocodone with and without insurance can depend on several factors. Hydrocodone is available as an...

Hydrocodone (Hysingla ER) and cost

A recent AARP poll shows voters ages 50 and up are divided in their support for who takes the Oval Office in November. Here's what a push to put Vice President Kamala Harris at the top of the ticket could mean for those voters. Last Wednesday, a group of "Boomers...

Older voters face new decision in November with Kamala Harris poised to lead Democratic ticket

Medicare Advantage (MA) beneficiaries are less likely to receive intensive treatments or burdensome transfers during the last six months of life compared to those in traditional Medicare, a new study has found. MA enrollees were also more likely to receive hospice care and less likely to receive facility-based care after...

Medicare Advantage Beneficiaries Less Likely to Receive Aggressive End-of-Life Care

PopCulture

The new state-of-the-art solutions are designed to improve the order fulfillment process.

Kroger to Implement Major Change

Last week, the IRS confirmed that most nonspouse beneficiaries have 10 years to deplete inherited retirement accounts and must take yearly required minimum distributions, or RMDs. The rule applies to accounts inherited since 2020 if the original account owner had already started RMDs. However, you could save on taxes by...

IRS issues final rules for inherited IRAs — but many are 'missing the boat' on taxes, pro says

The organization is poised to lobby for an indefinite extension of Medicare reimbursement for telemedicine services and fight the December 31, 2024, sunset date when Medicare plans to cease reimbursement for these services. As telemedicine continues to increase in popularity, including in ophthalmology, the American Medical Association announced plans to...

AMA eyes permanent telemedicine reimbursement

The Centers for Medicare & Medicaid Services (CMS) has released new data on risk adjustment payments for 2023. The agency said (PDF) insurers participating on the Affordable Care Act's exchanges will pay $10.3 billion as part of the risk adjustment program. Risk adjustment state transfers as a percent of premiums declined from 2022, according to the report.

CMS: Insurers to make $10.3B in 2023 risk adjustment payments

NewsBreak

Healthy Returns: The first round of Medicare drug price negotiations is nearing an end

Think a friend or colleague should be getting this newsletter? Share this link with them to sign up. Good afternoon! The first round of the Biden...

Healthy Returns: The first round of Medicare drug price negotiations is nearing an end

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