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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…
My parents taught me to drive safely. Back then that meant wearing my seat belt, paying attention to the road and obeying the posted speed limits. Today things are different. Staying safe while driving also includes protecting your car against hackers.
Recently I’ve heard several stories of families having to deplete their entire life savings just to qualify for Medicaid. Hitting much closer to home are my experiences of watching my mother take on the role of caregiver for my grandfather.
For employers big and small, the need to support workers who also provide unpaid care for a family member is a growing reality. Most family caregivers today — or an estimated 23.9 million workers — work at a paying job on top of their caregiving responsibilities.
Turing Pharmaceuticals recently faced intense public criticism after the company bought a 62-year-old drug and increased its price by 5,000 percent. Turing’s unusually outspoken chief executive officer, Martin Shkreli, strongly defended the decision, even going so far as to argue that the new price…
Millions of Americans count on Social Security for most of their income. AARP DataExplorer’s new storybook on Social Security shows, using graphics and animation, just how important Social Security is to all Americans.
The Centers for Medicare & Medicaid Services (CMS) launched the Financial Alignment Initiative (the Initiative) to improve the quality of care received by low-income adults who are eligible for Medicare and Medicaid — known as dual eligibles. Many of these individuals have unmet behavioral health…
Individuals need better information to know how much to save for retirement. A good place to start is to provide them with a projection of their total retirement income that includes the monthly income they can reasonably expect from their retirement savings and their Social Security benefits. This…
As a teenager, I was friends with an amazing woman named Kaye. She was a nurse during World War II, and after the war, she and her husband — a baron of Poland — worked with Radio Free Europe to help bring freedom to people trapped behind the Iron Curtain.
Hispanics’ Expectations and Planning for Long-Term Services & Supports: 5 Key Points You Should Know
America, as we know it, is changing. There were 55 million Hispanics in the United States in 2014, accounting for 17.3 percent of the total population. This population will more than double to over 110 million and, as a group, Hispanics will account for 21 percent of the U.S population age 65 and…
I live in Fairfax County, Va., where the population is extremely diverse and aging. This county is a large suburb of Washington, D.C. More than 1 out of every 4 county residents 70 years or older speak a language other than English at home. Of those speaking another language, 1 out of 6 do not…
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