At the doctor's office and want to know if a procedure is covered by Medicare? There is an app for that. Medicare has launched a free app that gives beneficiaries a quick way to see whether the program covers a specific medical item or service.
Whether you (or your parents) are a senior citizen, and even if you (or your parents) already have insurance coverage for prescription drugs, you'll want to read on.
The premature death rate is rising, and opioid deaths may be contributing.
Not that many Americans have sufficient stocks to take advantage of the market.
Senator's comments create concerns, as tax reform advances.
Some patients may be better off being allowed to pass away peacefully and with as little pain as possible, when death becomes inevitable.
Social entitlement programs enacted in the U.S. decades ago, have reduced elderly poverty. However, it appears that the wealthy are benefitting more than the poor.
Alzheimer's is the most costly disease to treat today, with one out of every five dollars spent by Medicaid and Medicare going to treating the disease.
A longer life span means that many Americans are not prepared for a long retirement. A major problem facing the U.S. today is that even people who think they have saved more than enough for retirement, might need to evaluate their own plans and save more, according to The New York Times in "Rethinking Retirement for Longer Lives With Fewer Safety Nets." Many recent studies report that the average American has saved far less than experts think they will need. There are many reasons for this situation, but the reasons for not saving are not as important as what it means for future senior citizens. The biggest issue is simply that people, on average, are living longer than ever before. That trend is expected to continue as medical science progresses. No one is certain just how long people will live after retirement in the future. People who have planned to save for 20 years of retirement living might actually need to save for 30, 40 or even more years. This also creates problems for elderly safety nets. Social Security, Medicare and Medicaid are already under financial stress because of the large number of Baby Boomers entering their retirement years. The longer people live, the more that those programs will need to pay out. Many people believe the programs will have to offer substantially fewer benefits in the future. It may be time to take a fresh look at your retirement plans. Reference: New York Times (Feb. 27, 2017) "Rethinking Retirement for Longer Lives With Fewer Safety Nets."
Financial stresses can push some people to a point of desperation ... and suicide. Experts warn that cutting entitlement programs for seniors could have dire effects for some.