Older Americans and their adult children can be frightened or at least puzzled by the annual reports of the Medicare Trustees. Each year a report makes financial projections for the fund that pays for senior health care expenses (Medicare). Almost every year some politicians spin dire scenarios about the “certain” near bankruptcy of Medicare. The image at … Continue reading
Tagged with medicare part D …
Does Part D Stand for Deficit? Read Medicare and More Column
Many of us appear to want to as much as we can get without planning or paying for it. We hate taxes, but we want a lot done for us anyway. A distant relative says about Medicare, “I deserve every penny I get, I paid for it.” My answer, yes she deserves every penny she … Continue reading
Aging Parents: Medicare Part D Doughnut Hole Savings in 2011
According to a May 21, 2010, press release from the Centers for Medicare and Medicaid Services (CMS), in 2011 Medicare Part D beneficiaries will see a 50 percent savings on applicable drugs in the doughnut (donut) hole coverage gap. CMS has issued new guidelines to ensure that these savings occur. The discount will apply to brand … Continue reading
Medicare Donut (Doughnut) Hole-Health Insurance Coverage/Young Adult Kids
See links to other posts related to Medicare at the end of this posting. Many of us caring for the health of aging parents are simultaneously worrying about our children—young adults trying to enter the job market who have no health insurance coverage. Even before the recession we worried because so many of our young … Continue reading
