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…
We already know that health insurance legislation known as the American Health Care Act (AHCA) is a bad deal for older Americans ages 50-64. For people who purchase coverage on their own in the individual (nongroup) market and are not yet eligible for Medicare, the bill would significantly increase…
The revised American Health Care Act (AHCA) threatens to do away with the Affordable Care Act’s (ACA) protections for people with preexisting health conditions. These protections prevent insurance companies from denying these individuals coverage or charging them higher rates based on their health.
By midnight on April 18, millions of Americans will have hit the File button in their tax preparation apps or dropped their tax returns in the mail. With 2017 tax season almost behind us, it’s a good time to take a look at taxes as they relate to Americans over 50 — specifically, older Americans’…
The U.S. Preventive Services Task Force (USPSTF), an independent national panel of medical experts, this week released a draft revised guideline on screening for prostate cancer with the prostate-specific antigen (PSA) test. The revised guideline reverses its 2012 recommendation discouraging PSA…
Being a family caregiver — that is, providing unpaid care to a parent, spouse, friend or other adult loved one — is hard work. It can also be rewarding work. The struggles, frustrations and stress associated with this caregiving journey cross gender lines. While the “typical” family caregiver is a…
In 2016, AARP launched the Home Alone Alliance sm in collaboration with the United Hospital Fund, the Family Caregiver Alliance and the Betty Irene Moore School of Nursing at the University of California at Davis. The Home Alone Alliance sm is a collaborative that brings together partners from the…
If you have protection against future catastrophic out-of-pocket costs for basic life functions, consider yourself lucky. The vast majority of people in the United States don’t.