Tag: insurance company
The Inflation Reduction Act signed by President Biden in 2022 somewhat limits how much retirees will pay out of their own pockets for medications this year. Next year, the law imposes a hard cap of $2,000. But while retirees are getting a reprieve from Congress, insurance companies are pushing in the opposite direction. According to…
Starting months before my 65th birthday, my mailbox has been swamped with advertisements for Medicare Advantage insurance plans. The ads are still coming in. And then there are the television commercials with promises of Advantage plan benefits that original Medicare doesn’t cover – vision, dental, hearing services, rides to doctors’ appointments, zero premiums. Sounds amazing,…