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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…
This week the Supreme Court is hearing oral arguments in Braidwood v. Kennedy, a case challenging the requirement for private health insurers to cover certain recommended preventive health services with no cost-sharing. AARP previously examined the implications of the case, finding that more than…
Access to an employer-based, payroll-deduction retirement savings plan plays a key role in allowing people to save for the future. Yet nearly half of American workers, or about 56 million, do not have access to such a plan. To address this challenge, in recent years a growing number of states have…
Mississippi state legislators discussed a potential Medicaid eligibility expansion during the 2024 session, introducing bills in both the state Senate and House, though they were ultimately unable to come to final agreement. By expanding Medicaid, Mississippi would join the forty states and the…
Elder financial exploitation, the most common form of elder abuse, broadly refers to the illegal use of an older person’s money, property, or other financial resource for personal benefit, profit, or gain. The perpetrator can be a known, trusted person such as a caregiver, or they may be a stranger…
The topic of parenting adult children is gaining increasing public attention, and for good reason.
Given projections concerning the financial health of Social Security, the program is poised to receive attention from policymakers in the near future. Extensive survey and polling research demonstrates that a strong majority of Americans believe Social Security is an important program they view…
Despite evidence that Medicare Advantage’s (MA) supplemental benefits are a key driver of strong enrollment in Medicare’s private plan option, information about consumer use of those benefits remains limited. Supplemental benefits are a defining feature of MA, yet data are lacking on how many…
How can leaders support women to be as resourceful and resilient as ever? International Women’s Day on March 8 and National Financial Literacy Month in April is the moment to understand the role of financial literacy in advancing women’s financial status. What can efforts to build women’s financial…
In 2023, for the first time ever, vaccines for the respiratory syncytial virus (RSV) became available, offering protection against an infection that causes tens of thousands of hospitalizations and deaths among older adults every year. Two RSV vaccines were approved by the Food & Drug…
Medicare is the federal health insurance program that covers over 66 million older adults and people with disabilities, and accounts for over a fifth of the nation’s health care spending. Since about half of all people with Medicare are now in private Medicare Advantage (MA) plans, better…
This blog is part of a series focusing on changes to Medicare’s private plan option (known as Medicare Advantage) aimed at strengthening the program to better serve the more than 32 million individuals enrolled in a Medicare Advantage plan today. A previous blog in this series focused on new…
Companies that seek to retain older workers should ensure that upskilling and promotion opportunities are available to workers of all ages.
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