BY PHILIP MOELLER: One of the greatest gaps in Medicare coverage is that it does not help to pay for home-based care unless such care is requested by a physician as medically necessary. Medicaid will cover such long-term custodial care for people with little to no income or assets. But Medicaid covers fewer than one in five of the roughly 55 million people on Medicare, leaving the rest to fend for themselves or, for a small group of mostly better-off folks, purchase private long-term care insurance. (read more)
BY DAVID FRANK: The U.S. House of Representatives voted by a narrow margin today to repeal and replace the Affordable Care Act (ACA) with a bill that would permit discrimination against people with preexisting health conditions, substantially increase insurance premiums for older adults, result in millions of people losing coverage, and worsen the fiscal health of Medicare. (read more)
BY BRUCE THIEL:
There was a sharp increase in Medicare and out-of-pocket costs of prescribed topical steroids between 2011 and 2015, likely due to the rising costs of generic drugs, according to study results recently published in JAMA Dermatology. (read more)
Medicare doesn’t cover everything. Luckily, those on Medicare can now start saving on out of pocket expenses like prescription drugs, dental, vision, hearing, and more. Over 1 million people have already received their free Medicare Plus Card.