This Week in Boomer History: Lenny Bruce … Gulf of Tonkin … Medicare

Noteworthy events from our shared experience Comedian Lenny Bruce is found dead at his Los Angeles home Aug. 3, 1966. His anything-goes social satire led to multiple obscenity prosecutions while paving the way for today’s stand-up performers. On Aug. 1, 1981, MTV begins broadcasting in the United States. Its first video? “Video Killed the Radio Star” by the Buggles. President Lyndon B. Johnson signs Medicare and Medicaid into law on July 30, 1965, at the Truman Presidential Library in Independence, Mo., a nod …

How Medicare Might End Surprise Nursing Care Penalties

By Susan Jaffe for Kaiser Health News Medicare officials have allowed patients at dozens of hospitals participating in pilot projects across the country to be exempted from the controversial requirement that limits nursing home coverage to seniors admitted to a hospital for at least three days. The idea behind these experiments is to find out whether new payment arrangements with the hospitals and other health care providers that drop the three-day rule can reduce costs or keep them the same …

‘Staggering’ Amounts of Federal Funds Improperly Distributed

By Stephen Ohlemacher, Associated Press WASHINGTON (AP) – Tax credits for families that don’t qualify. Medicare payments for treatments that might not be necessary. Unemployment benefits for people who are secretly working. Federal agencies reported making $100 billion in payments last year to people who may not have been entitled to receive them. Congressional investigators say the figure could be even higher. “The amounts here are absolutely staggering,” said Rep. John Mica, R-Fla. “It’s over $100 billion each of the last …

6 Political Truths About 50+ Americans

Americans are more divided along ideological lines - and animosity between Democrats and Republicans is deeper and more extensive - than at any time in the past 20 years, a new report from the Pew Research Center shows. As part of a yearlong study of political polarization in the United States, Pew conducted the largest political survey in its history, polling more than 10,000 adults from Jan. 23 to March 16. It’s a mother lode of age-segmented data on the political attitudes …

Retiring Early? Pony Up $51,000 Extra for Health Care, Fidelity Says

Are you and your spouse thinking about retiring early? Doing so can cost you, as a couple, an extra $17,000 a year in medical costs, according to a Fidelity Investments analysis. The Boston-based investment company compared the projected average health care costs of couples retiring this year at age 65 with those of couples retiring as early as age 62 and as late as 67. It assumed they would have Medicare coverage at 65, although the analysis doesn’t include costs for nursing home and …

Medicare cubrirá procedimientos para cambio de sexo

En una noticia que ha sido catalogada como histórica, el Departamento de Salud y Servicios Humanos (HHS por sus siglas en inglés) determinó que las cirugí­as de cambio de sexo podrán ser financiadas por el programa Medicare, siempre y cuando el paciente cumpla con todos los requisitos. Los pacientes que soliciten la cirugí­a serí­an evaluados fí­sica o sicológicamente como si se tratara de cualquier otro procedimiento médico. Anteriormente las peticiones eran rechazadas automáticamente como en el caso de Denee Mallon, …