For the 5.6 million adults ages 50 to 64 who are uninsured, this Open Enrollment Period offers an important opportunity to get coverage for 2024. For the over 5 million older adults already enrolled in individual coverage, it’s a good time to compare plan benefits, providers, and prices to find the best plan for them.
Given the ever-rising cost of health care in the United States, many consumers are turning to medical credit cards, which may offer a convenient payment method, but those same cards also expose them to high-cost debt and financial risk.
Medicare Savings Plans (MSPs) are state-run programs that help low-income Medicare beneficiaries afford health care by paying all or part of their Medicare costs such as premiums and copays. However, applying can be burdensome and many people who are eligible for MSPs are not enrolled. A new CMS rule aims to address this challenge by making a number of changes to help streamline the application process.
Drug formularies play a large role in health care access, whether consumers know it or not. A drug formulary is a complex, multi-layered tool used to manage the safe and appropriate use of prescription drugs.
At the heart of proposed Medicaid regulations now under consideration at the federal level is the need to ease the cumbersome and confusing processes to both apply for program benefits and keep them. The changes would affect the millions of individuals already enrolled in Medicaid and Medicare Savings Programs (MSPs) as well as help more people qualify.
The Centers for Disease Control and Prevention endorsed the use of new vaccines for respiratory syncytial virus (RSV) for adults 60 and older who have discussed it with their health care provider. The vaccines, which will be available this fall, could save thousands of older-adult lives each year.