which is backed by a joint effort between federal and state governments, Medicare is exclusively backed by the federal government. Because of this, the eligibility requirements are the same for people regardless of where they live in the United ...
Pugh, Tony
America's seniors will pay more for their health care in the new year, as the Centers for Medicare and Medicaid Services (CMS) has announced that premiums for its Part B plan will increase by about 6% in 2025. Part B covers visits to doctors, outpatient care, preventative services such as...
Understanding Medicare's different parts is crucial for making informed decisions during open enrollment. Here's what you should know about the coverage: Medicare Part A (hospital insurance) Most beneficiaries pay no premium for Medicare Part A if they or their spouse paid Medicare taxes while work...
Despite the growing need for long-term care, this essential service remains unaffordable for a growing number of seniors. Fortunately, if you start searching now, you can find the right Medicare plan to suit your needs. Everyone needs help as they grow older. Which is why it helps to have...
In a press release, the administration said, "For far too long, Americans have paid more for prescription drugs than any major economy. But now, thanks to the Inflation Reduction Act, Medicare can directly negotiate prescription drug prices to get a better deal for seniors." It ad...
our experience, most will offer exercise programs, social activities, and physical assistance for seniors who need help with personal tasks. Having some extra support in these areas can improve one’s quality of life, and spending the day at a day center is sure to bring a smile to your ...
Making the Transition to a Nursing Home Transitioning to a nursing home or assisted living facility can be an intense process, one that affects both seniors and caregivers alike. There are steps that can be taken, however, to ease the process for both parties. ...
Medicaid is also used tofund long-term care, which is not covered by Medicare or most private health insurance policies. In fact, Medicaid is the primary payer of long-term care across the nation and often covers the cost of nursing facilities forthose who deplete their savingsto pay for he...
A reverse mortgage is a loan for seniors aged 62 and older that allows homeowners to convert some of their home equity into cash income. In a single-use reverse mortgage, borrowers must use these payments for a specific purpose that the lender approves. ...