A recent report by the influential Medicare Payment Advisory Commission (MedPAC) — the independent agency that advises Congress on Medicare policy — finds that Medicare pays 20 percent more per enrollee in a private Medicare Advantage (MA) plan than it would if that same individual was instead…
The Inflation Reduction Act (IRA) of 2022 includes many provisions designed to address high prescription drug prices and related out-of-pocket costs. One of the most notable changes allows Medicare to negotiate the prices of certain high-cost prescription drugs, which is expected to save Medicare…
A new type of prescription drug for stroke prevention for adults with atrial fibrillation quickly replaced the existing standard treatment—even before evidence emerged to support the switch.
Claiming Social Security earlier means more time receiving benefits, but that action will permanently reduce them, which can threaten financial health at older ages.
Emergency savings accounts are more than just a good idea. They can help protect households against financial hardship today and enable greater retirement security in the future.