FinanceBuzz

Depending on your plans for the future, your budget, and your health, Medicare Advantage might not be the best retirement healthcare solution for you.

The 9 Biggest Disadvantages to Medicare Advantage

The Medicare Advantage program recently achieved the milestone of covering more than half of all Medicare beneficiaries, but according to a report from S&P Global Ratings, this could have an adverse impact on hospital margins. That in turn could be a negative credit factor for certain healthcare service companies –...

Medicare Advantage growth could be challenging for hospitals

Perceptions of affordability don't show an advantage to Medicare Advantage, say former and current Commonwealth Fund leaders. Medicare Advantage has grown in popularity for many reasons: low or zero premiums, the appeal of the one-stop shop for benefits compared with juggling Part D and Medigap choices, the supplemental benefits, such as dental and vision coverage. According to KFF, 54% of Medicare beneficiaries were enrolled in Medicare Advantage this year and the Congressional Budget Office projects that proportion will increase to 64% in 2034.

Is Medicare Advantage A Good Deal for Enrollees?

An individual cannot have a Medicare Advantage (Part C) plan and supplemental insurance plan, also called a Medigap plan, at the same time. If a person with a Medigap plan joins Medicare Advantage, they will no longer be able to use the Medigap coverage. Medicare typically provides insurance coverage for...

Can you have a Medicare Advantage plan and a supplemental plan at the same time?

UPMC has the highest-ranked Medicare Advantage plan for customer satisfaction in 2024, according to J.D. Power's latest annual Medicare Advantage Study. The consumer insight firm published its list of the top Medicare Advantage plans in 10 markets on Aug. 20. The average customer rating for MA plans in 2024 was 652 on a 1,000-point scale, the organization said in an Aug. 20 press release. The average rating in 2023 was also 652.

Top Medicare Advantage plans for member satisfaction in 2024: J.D. Power

SmartAsset

Medicare isn't free. This catches many retirees by surprise. Medicare has a reputation for simplicity. You turn 65 and get access to free universal health insurance. This is true to a certain degree, and that's one of the reasons the program is overwhelmingly popular among recipients. However, in practice, Medicare has many carve-outs and exceptions. […] The post Medicare Premiums: What You Should Expect to Pay in 2024 appeared first on SmartReads by SmartAsset.

Medicare Premiums: What You Should Expect to Pay in 2024

Retirement Daily

Out-of-pocket cap for prescription drugs is possible thanks to the 2022 prescription drug law.

Medicare Out-of-Pocket Cap Starting January 2025

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

Total Apex Sports & Entertainment

What makes today’s date special for your zodiac sign? Today, all zodiac signs are set to experience extraordinary cosmic shifts that would likely affect certain areas of their lives. For some signs, today’s cosmic boost will positively affect their finances. The planets have aligned to bring luck and good fortune their way. Hence, some individuals will feel a special wave of optimism and passion to lay a good foundation for financial abundance.

3 Lucky Zodiac Signs With Financial Abundance | August 22, 2024

Don't dismiss remote jobs, they may actually pay more than you think. Here are 15 remote jobs that pay at least $35 an hour.

15 Work-From-Home Jobs That Pay at Least $35 an Hour

Medigap plans are now protected from discrimination under updated ACA rules.

Medigap Plans New Options

Medicare Advantage giant Humana expects to lose a “few hundred thousand” members in its marquee business next year, after seriously shrinking its benefits and exiting markets for 2025 in a bid to boost profits, the insurer disclosed Wednesday. It’s the first time Humana has estimated membership losses from...

Humana expects to lose ‘few hundred thousand’ Medicare Advantage members next year

The USDA announced changes to the Farm Service Agency’s Farm Loan Programs that take effect on September 25, 2024. The changes are intended to increase opportunities for farmers and ranchers to be financially viable. These improvements are part of the Enhancing Program Access and Delivery for Farm Loans rule.

USDA Updates Farm Loan Programs

Maine State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

Sagadahoc County, ME

Lewiston, ME

The Maine Monitor

Editor’s note: This story contains references to suicide. When a bill to strengthen Maine’s yellow flag law went into effect earlier this month, Sagadahoc County Sheriff Joel Merry said he felt a sense of relief.

Law enforcement officers can now get a warrant to take someone into protective custody

Massachusetts State

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Dianna Carney

Sandy Paws Rescue Inc., a foster-based rescue in Massachusetts, has recently introduced a tiny six-pound dog named Alistair who is looking for his forever home. At only one year old, this little boy is a sweet dog who is thought to be a Maltese, "but we can’t make any guarantees that he would be suitable for those with allergies," explains the nonprofit animal rescue.

Meet The Tiny 6lb Dog Looking For Love

Rhode Island State

An AARP report shows an estimated 5.2% of Rhode Islanders on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.

Medicare Rx Out-of-Pocket Cap Will Benefit Thousands

Editor's Note: Download the audio version below. Welcome to another episode of Gen Z in Manufacturing, a podcast that asks young people about their journeys in manufacturing, how they intend to influence the industry and what they are looking for from an employer. For this episode, I welcome Aleigha Schulke,...

Gen Z in Manufacturing: I Make Less Than My Old Job and I’m a Million Times Happier

It’s hard to deny the allure of remote work in 2024, particularly over the last few summer months. The idea of being able to maintain a flexible work schedule and ditch the commute has been a sought-after perk for employees in virtually every industry. So, how do you actually...

47 Fully Remote Jobs You Can Apply for in August 2024

HVAC systems are crucial for home comfort. They’re also a significant investment. Including HVAC coverage in your insurance can provide peace of mind. It offers financial protection against unexpected issues. Let’s explore why HVAC coverage is important and how it benefits homeowners. 1. Understanding HVAC Insurance Coverage. What...

HVAC Coverage: Why It Should Be Included In Your Insurance

Every single day, more than a few of the emails I get from readers start out with this (or a similar) phrase: “I’ll tell you what’s wrong with Social Security!” They proceed to do just that. Sadly, their little rant is almost always wrong and based on a misunderstanding of Social Security rules or misinformation they picked up – usually off the Internet.

I’ll Tell You What’s Wrong with Social Security!

Florida State

Jacksonville, FL

Jacksonville Today

Jacksonville Sheriff T.K. Waters said he will consider more DUI patrols if voters legalize recreational marijuana use in Florida. Voters will consider Amendment 3 in November. It would allow adults 21 or older to possess, purchase or use marijuana products and marijuana accessories for non-medical purposes.

More DUI patrols possible if marijuana issue passes

NewsBreak

Essential Tips for Stress-Free Medicare Advantage Enrollment

In this episode of Medicare Moments, Toni King addresses the stress and confusion that often accompany decisions about Medicare, particularly when considering a switch to a...

Essential Tips for Stress-Free Medicare Advantage Enrollment

Comments / 0