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Posts tagged with "Social Security"

Arizona News

Schweikert's JEC Issue Brief Links MA Overpayments & Part B Premium Increases

This week, Arizona Republican Congressman David Schweikert, who chairs the Joint Economic Committee (JEC), highlighted new findings from the committee suggesting Medicare Advantage (MA) payment policies may be contributing to higher premiums for seniors enrolled in traditional Medicare. Although discussion of MA overpayments often...
National News

Medicare, Social Security Insolvency Pushed Back Amid Lower Inpatient, Home Health Costs

This week, the Social Security and Medicare Trustees Reports played a game of "good news, bad news" with the aging American public. The good news is that the date of Social Security and Medicare insolvency have been pushed back several years. The bad news is that they're both still anticipated to go broke in just over a...
Social Security and Medicare Trust Funds Get Short-Term Relief from Pandemic Economic Changes, Maintain Grave Outlook Long Term White Papers, E books, Reports and more

Social Security and Medicare Trust Funds Get Short-Term Relief from Pandemic Economic Changes, Maintain Grave Outlook Long Term

Last Thursday, the Social Security and Medicare boards of trustees released their annual reports on each program and reported that the economic recovery was much stronger than anticipated following the COVID-19 pandemic. However, both programs will still face long-term concerns that could reduce retirement benefits and reduce...
Top of The Day

THR Advisor & Former AHCCCS Director Kirschner: Happy Anniversary SS, M&M, ADA, ACA

Americans love anniversaries whether it is the birth of our nation on July 4th, our parents 50th, Pearl Harbor or 9/11. The year 2020 has a number of significant anniversaries of laws that have changed American society in uncountable ways. On August 14, 1935, in the height of the Great Depression, President Franklin Delano...
Arizona News

Trump's Budget Slashes Healthcare, Few Details Given

The 2021 federal budget proposal was unforgiving to the healthcare industry, which took a $1 trillion cut into Medicaid and the Affordable Care Act (ACA) over the next decade. Trump's budget, unveiled on Monday, outlines $4.8 trillion in spending, with industries such as defense getting a major slice of the pie. Medicare changes...
CMS Rules

CMS: Medicare Part B Premium Rates and Deductibles to Rise

Medicare beneficiaries will see a 7 percent increase in monthly premiums and annual deductibles for 2020 Part B coverage, which takes care of physician services, outpatient hospital services, explicit home health services and durable medical equipment. The Centers for Medicare and Medicaid Services (CMS) announces the rates for...
National News

Medicare & Social Security Face Insolvency- Renewed Financial Warnings in New Report

Debates on restructuring the nation’s healthcare system could not have hit its peak at a more appropriate time. The financial future of Medicare and Social Security, two of the nation’s pillar government programs, looks grim and in less than a decade Medicare could potentially become insolvent—already slated to run a deficit by...
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