Medicare Enrollees Warned of Deceptive Marketing Schemes

Medicare Enrollees Warned of Deceptive Marketing Schemes

WASHINGTON (AP) – Mailers designed to look like official government forms. Buses with scam seats to Medicare sites. TV ads featuring celebrities encouraging people to sign up for Medicare plans that don’t always include their current doctors. With Medicare’s open enrollment running through Dec. 7, health experts are warning older adults of an increase in … Read more

Health insurance terms to learn when open enrollment begins

Health insurance terms to learn when open enrollment begins

Half point images | Moment | Getty Images It’s open enrollment season, the time each year when millions of American workers and retirees must choose a health plan, whether new or existing. But choosing health insurance can be a daunting undertaking. Health plans have many moving parts – which may not come into focus at … Read more

Democrats warn Social Security, Medicare could be affected by midterm elections

Democrats warn Social Security, Medicare could be affected by midterm elections

Voters turn out to cast their ballots as early voting begins on October 17, 2022 in Atlanta. Early voting in Georgia runs until November 4. Megan Warner | Getty Images The Nov. 8 midterm elections will give voters the chance to decide which parties control the Senate and the House of Representatives. In recent days, … Read more

Costs to Consider Before Dropping the Medicare Advantage Plan Completely

Costs to Consider Before Dropping the Medicare Advantage Plan Completely

FatCamera | E+ | Getty Images For some Medicare beneficiaries, a benefit plan ends up not being a good fit. If you’re in this situation and are considering dropping your plan to return to basic Medicare — Part A (hospital coverage) and Part B (outpatient services) — there are some things to consider before you … Read more

We are impressed by health insurer Humana’s solid quarter and rosy outlook for next year

We are impressed by health insurer Humana’s solid quarter and rosy outlook for next year

Club Holding Humana ( HUM ) reported a mixed but solid third quarter before the opening bell on Wednesday. Early optimism around 2023 also supported our positive view on the health insurer’s stock. Revenue rose 9% year-over-year to $22.75 billion, slightly below estimates of $22.76 billion, and adjusted earnings per stock rose 42% to $6.88, … Read more

How Congress and Business Can Help Stop Inflation

How Congress and Business Can Help Stop Inflation

Americans look to the nation’s most powerful bank, the Federal Reserve, to fight inflation. “I think our biggest problem, at least for the foreseeable future, is high inflation,” Mark Zandi, chief economist at Moody’s Analytics, told CNBC. The Fed can raise interest rates to slow inflation, which ultimately makes the cost of borrowing higher for … Read more

The Americans say they need $1.25 million to retire comfortably

The Americans say they need $1.25 million to retire comfortably

Mstudioimages | E+ | Getty Images Americans now expect to need $1.25 million to retire comfortably, according to a new survey from Northwestern Mutual. That figure represents a 20% increase from the $1.05 million reported last year. That’s not necessarily good news for people who have seen their retirement savings dwindle in the past year … Read more

Pfizer says COVID-19 vaccine will cost $110-$130 per dosage

Pfizer says COVID-19 vaccine will cost $110-$130 per  dosage

Pfizer will charge $110 to $130 for a dose of its COVID-19 vaccine when the U.S. government stops buying shots, but the drugmaker says it expects many people will continue to receive it for free. Pfizer executives said commercial pricing for adult doses could start as early as next year, depending on when the government … Read more

Joe Biden: In 14 days, the American people will face an election

Joe Biden: In 14 days, the American people will face an election

Editor’s note: Joe Biden is the President of the United States. The views here are his own. Read more statement on CNN. CNN — Over the past almost two years, we have made tremendous progress. My administration, working with Democrats in Congress, is building an economy that grows from the bottom up from the middle. … Read more

Social Security benefits will increase by more than $140 a month by 2023

Social Security benefits will increase by more than $140 a month by 2023

Xaviernau | E+ | Getty Images Social Security benefits will increase by more than $140 a month on average in 2023 as a record 8.7% cost-of-living adjustment kicks in. Exactly how much of an increase the roughly 70 million Americans who depend on the program for income will see will vary. More than 65 million … Read more