What Is a Medicare Summary Notice?
Every three months, those with original Medicare receive a claims statement called a Medicare Summary Notice. As Medicare.gov explains, this notification describes all the services or supplies that providers or suppliers attributed to Medicare during the preceding...
Older Adults Lack Information in Search for Long-Term Care
According to a recent national study, nearly a quarter of Americans aged 50 and older say they – or a loved one – needed long-term care in 2022. The findings further suggest that seniors and their caregivers could benefit from more consumer-friendly information and...
Ending Guardianship of an Adult
While a guardian can support the protected person by making important decisions, in some cases, an individual may wish to change or dissolve the arrangement. The ward, their family, or other involved people might feel that the guardian is not doing a good job. They...
Highlights of How the Omnibus Bill Will Benefit Older Adults
The Senate and House have cleared the passage of a year-end $1.7 trillion appropriations bill that will benefit older adults on a number of fronts. Here is a breakdown of some of the highlights that relate to supporting older Americans: Health and Housing Opt to age...
Report: Lower Prices for Generics Via Online Pharmacies
For people who rely on multiple medications, the expenses accumulate. According to the Kaiser Family Foundation, eight out of 10 adults say prescription medication costs are unreasonable. Three in 10 adults on four or more drugs report difficulty affording them and...
An Uncertain Future: Money Follows the Person (MFP) Program
Since it was established in 2005, the Medicaid Money Follows the Person (MFP) Program has given people with disabilities the choice between living in a long-term care facility or receiving care in their home or a community-based setting. MFP helps provide the...
What’s a Health Care Proxy and Why Do I Need One?
The senior population across the United States has increased to more than 54 million people since 2019. According to the Centers for Disease Control and Prevention, the number of Americans 65 and older will rise to 80.8 million by 2040. As people age, their health...
Free and Inexpensive Meal Delivery Options for Older Adults
Many older adults face difficulties accessing and preparing meals. Yet eating a nutritious diet is essential for maintaining health, particularly as we age. For those with barriers getting to the grocery store and preparing food, meal delivery services can help. Meal...
Medicare Will Now Cover Medically Necessary Dental Care
In November 2022, the Centers for Medicare and Medicaid Services (CMS) announced that Medicare coverage will be expanded to include medically necessary dental services. This change in Medicare rules will allow people with life-threatening conditions to receive dental...
Medicaid Renewals & the Need to Re-Enroll
Recent findings show an information gap among Medicaid recipients regarding the need to re-enroll for benefits after the COVID-19 Public Health Emergency (PHE) ends. Medicaid recipients are inconsistently informed about the end of the PHE and its effect on their...
How to Get Medicaid Coverage for Care at Home
Traditionally, Medicaid has paid for long-term care in a nursing home, but because most individuals would rather be cared for at home and home care is cheaper, all 50 states now have Medicaid programs that offer at least some home care. In some states, even family...
What You Should Know About Required Minimum Distributions
Required Minimum Distributions (RMDs) are the minimum amounts a retirement plan account owner must take out each year. RMDs begin when a person reaches either age 72, 70½ if they reached this age before January 1, 2020, or the year in which a person retires (if after...
What Is the Difference Between Medicaid and Medicare?
Although Medicaid and Medicare are both public health insurance programs, they have essential differences. Medicare is a federal program for older adults, people with disabilities, and individuals with end-stage renal failure. Medicaid is federal-state assistance for...
Does Medicare Cover the Cost of Getting a Second Opinion?
You may be nervous about whether Medicare will cover a second opinion if you wish to confirm whether a medical treatment or surgery is right for you. Given the cost of doctor visits today, the prospect of an out-of-pocket expense for a second opinion is understandably...
IRS: You Can Contribute More to Retirement Starting in 2023
In October 2022, the Internal Revenue Service (IRS) announced contribution limitation adjustments for employee retirement plans in response to inflation. The IRS issued Notice 2022-55, which describes cost-of-living adjustments for retirement and pension plans. The...