Under a bill pending in Congress, Medicare beneficiaries would be allowed to set aside money in health savings accounts — something they currently can’t do. However, it also would change a couple of the benefits that come with HSAs for anyone who’s 65 or older. Called...
Medicare
Medicare drug plan prices touted during Open Enrollment can rise within a month
Something strange happened between the time Linda Griffith signed up for a new Medicare prescription drug plan during last fall’s enrollment period and when she tried to fill her first prescription in January. She picked a Humana drug plan for its low prices, with...
CMS Proposes Updates to Reduce Barriers to Coverage, Simplify Medicare Enrollment and Expand Access
Today, the Centers for Medicare & Medicaid Services (CMS) issued a proposed rule to update Medicare enrollment and eligibility rules that would expand coverage for people with Medicare and advance health equity. This proposed rule would provide Medicare coverage the...
New bill would allow seniors to contribute to a health savings account while on Medicare
Source There’s a renewed push in Congress to let Medicare beneficiaries set aside pretax money for medical expenses. Called the Health Savings for Seniors Act and introduced this month in the House, the bipartisan bill revives past legislative efforts to let...
Medicare Advantage saves seniors nearly $2k a year compared to fee-for-service
Source Seniors save nearly $2,000 on average a year in total healthcare spending in Medicare Advantage (MA) compared to fee-for-service Medicare, a new study finds. The study, published Tuesday, by the advocacy group Better Medicare Alliance finds that seniors spent...




