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January 24, 2022

Medicare health plans

Anyone at age 65 should evaluate how — or if — Medicare will fit into their health-care coverage. Here’s why

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CNBC – For more and to sign up click here miodrag ignjatovic | E+ | Getty Images It’s not just retirees who need to think about Medicare. Anyone who plans to keep working when they reach the eligibility age of 65 should evaluate how — or if — Medicare will......

Here’s what to know about your 2022 Medicare costs

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CNBC – For more and to sign up click here Phynart Studio | E+ | Getty Images When the calendar flips to 2022, certain Medicare costs will creep higher. For the program’s 63.6 million beneficiaries — most of whom are 65 or older — annual adjustments can affect premiums, deductibles......

With the future of Build Back Better in question, proposed Medicare changes are also in trouble

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CNBC – For more and to sign up click here fizkes | iStock | Getty Images Medicare beneficiaries may not end up seeing improvements to the program they were hoping for — at least not anytime soon. With Sen. Joe Manchin, D-W.Va., saying Sunday that he cannot support his party’s......

How record Social Security cost-of-living adjustment will be impacted by high inflation, Medicare premiums

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CNBC – For more and to sign up click here Liu Guanguan | China News Service | Getty Images News that inflation rose to a historic high in November probably comes as no surprise to retirees. But they may be in for another shock when they receive their monthly Social......

Here’s how one drug can be responsible for 50% of the hike in Medicare’s Part B premiums

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CNBC – For more and to sign up click here Dana Neely | Taxi | Getty Images Medicare beneficiaries may already be aware that the big jump in their 2022 Part B premiums is partly due to the cost of a single drug. Yet why all enrollees are picking up......

Medicare won’t let this 68-year-old cancer patient enroll in Part B. It’s costing her thousands of dollars

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CNBC – For more and to sign up click here Scarlet Poulet (right), pictured with wife Nadine Kujawa, before Poulet was diagnosed with cancer in 2019. Courtesy: Scarlet Poulet Medicare’s rules for signing up have put 68-year-old Scarlet Poulet in an unenviable situation. The New Orleans resident, who is recovering......

Some Medicare beneficiaries will pay $578 a month for their 2022 Part B coverage

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CNBC – For more and to sign up click here Anchiy | E+ | Getty Images Medicare beneficiaries who pay monthly surcharges for premiums may want to take note of how much more they’ll be charged next year. With the standard monthly premium for Part B (outpatient care coverage) now......

Medicare Part B premiums for 2022 jump by 14.5% from this year, far above the estimated rise in cost

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CNBC – For more and to sign up click here Morsa Images | DigitalVision | Getty Images The standard premium for Medicare’s outpatient care coverage will jump by 14.5% for 2022, far outpacing an earlier estimate of 6.7%, according to the government. The standard premium for Part B, which covers......

Medicare may cover hearing services if Democrats’ spending plan becomes law. It’s only one gap in coverage that beneficiaries should prepare for

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CNBC – For more and to sign up click here peakSTOCK | iStock | Getty Images If Democratic lawmakers get their way, Medicare will start covering hearing services for the first time in the program’s history. The coverage, which would take effect in 2023, is included in Democrats’ proposed $1.85......

1 in 4 older Americans have less than $500 saved to cover medical expenses. Here’s how to reduce Medicare costs if you’re struggling

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CNBC – For more and to sign up click here andresr | E+ | Getty Images For retirees, unplanned medical expenses can upend their budget. Indeed, while about 33% of Americans age 65 or older have at least $6,000 set aside for medical bills, 27% have less than $500 in......

Social Security cost-of-living adjustment will give average retirees $92 more a month in 2022. How to estimate how much you’ll get

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CNBC – For more and to sign up click here XiFotos | E+ | Getty Images After the Social Security Administration announced a record-high cost-of-living adjustment for 2022, many beneficiaries are asking, “How much bigger will my monthly checks be?” People who receive Social Security or Supplemental Security Income, or......

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