Every year, changes come to Medicare. In 2022, Medicare has several new benefits and adjustments to speak of. As a beneficiary, it’s important to keep up with these developments. Below, we’ll provide the information you need to know about how Medicare is different...
EACH year typically brings with it a number of tax changes – and 2022 is no different. Below we round up key changes and inflation adjustments by the IRS, which will affect the tax return you file in 2023. Standard deductions change The standard deduction...
Short answer There are four parts of Medicare: Part A, Part B, Part C, and Part D. Part A provides inpatient/hospital coverage. Part B provides outpatient/medical coverage. Part C offers an alternate way to receive your Medicare benefits (see below for more...
Look for even more seniors to flock to Medicare Advantage in 2022 as the Biden administration, health insurers and investors bolster this privatized form of health coverage for those 65 and older. Already, established health insurers including UnitedHealth Group’s...
Medicare Part D and the donut hole By Karen Lewis-Smith Regional Director, Government Programs, Kaiser Foundation Health Plan of Washington “Donut hole” brings to mind a sweet morning treat, which couldn’t be further from its meaning in the Medicare...
KEY POINTS Cost adjustments can affect premiums, deductibles and other cost-sharing aspects of Medicare. Beneficiaries who have limited income might qualify for Medicaid or other programs that reduce out-of-pocket costs, while higher-income beneficiaries pay more for...
