News
Medicare Coverage Changes After Age 65 Can Be Unsettling For Many Retirees
6+ hour, 30+ min ago (464+ words) 54% of Medicare recipients choose Medicare Advantage over original Medicare for extra benefits and capped costs. Part A late enrollment penalty is 10% added to premiums for twice the number of years delayed. There are several types of Medicare: When you first…...
The Hidden Medicare Surcharge That Hits Retirees With Over $109,000 in Income
2+ day, 47+ min ago (659+ words) Medicare surcharges apply when income exceeds $109,000 (single) or $218,000 (married) based on earnings from two years earlier. IRMAA surcharges can raise Medicare Part B premiums from $202.90 to as high as $689.90 per month. Many seniors who are 65 and over rely on Medicare…...
Dr. Oz Urges Seniors to Delay Retirement For Both Personal and National Benefit. Pros and Cons.
4+ day, 3+ hour ago (518+ words) Dr. Oz stated delaying retirement by one year could generate $3 trillion in GDP annually to help address Medicare and Medicaid solvency. HHS and CMS are shifting focus from treating diseases to preventing them through dietary guidelines and lifestyle interventions. Nonfarm…...