In August of 2022, the Inflation Reduction Act (IRA) was signed into law. More than 80% of both political parties support this bill. Unusual in itself. Among the many, many provisions in the IRA, there are history making changes to Medicare Prescription Drug Plans. Medicare experts and attorneys are still analyzing the bill to tease out the changes that affect Medicare members. Here’s a summary of what’s been reported so far.

Longer lives, career satisfaction, financial security – all of these are reasons why people choose to stay in the workforce long past 65 years old. Turning 65 may not mean retirement for you, but it still marks the age to turn your attention to Medicare to learn whether it’s the right time for you to enroll.

A recent report by the U.S. Department of Health and Human Services Office of Inspector General determined that a significant number of denials actually met Medicare coverage rules. Most of the major news outlets carried headlines about this report designed to catch your attention. To help sort out useful from unhelpful facts, let’s start by putting the results into perspective.

If you're over 62 and considering shifting a chunk of your assets to cash check out our new blog to learn how to protect yourself from unexpected tax expenses - especially when remodeling or selling a home.

There are essentially three different Medicare “parts,” each offering a different aspect of coverage. Additionally, there are Medicare Advantaged plans, which take a more all-in-one approach. Let’s take a look at each of the types of plans.

Medicare is the federal insurance program designed to help older Americans afford healthcare. Medicare has been a part of the American healthcare system for 55 years and helps millions of Americans pay for their medical expenses…