Medicare end-of-life counseling off to slow start

Dr. Tony Back

Older patients want to talk with their doctors about how they will die, but are doctors ready to have the conversation? Medicare began reimbursing physicians in January for time spent discussing their patients’ end-of-life wishes. While 95 percent of U.S. physicians support the new benefit, only 14 percent say they have yet billed Medicare for advance planning patient visits, according to […]

Five questions for Emily Brandon

emily-brandon-150px

In the days when defined benefit pensions roamed the land, retirement income was automatic: you worked for a company, the company contributed to the pension fund. Checks started arriving when you retired, and didn’t stop until you did. End of story, for the most part. Plenty retirees still have traditional pensions, but they are on […]

Pages: 1 2

Healthcare quality for seniors all over the map

US-Map-280px

Seniors living in Manhattan spend an average of nearly 25 days a year at doctor visits or at a hospital. But in Lebanon, New Hampshire, contact with the healthcare system is far lower – just 10 days on average. New Yorkers probably are not that much sicker than their New England neighbors. Instead, the statistic […]

How Health Savings Accounts complicate life for Medicare enrollees

Health-Insurance-150-x-220-px

Health Savings Accounts (HSAs) are surging in popularity – and that can lead to some complications for older workers who enroll in Medicare. HSAs are offered to workers enrolled in high-deductible health insurance plans. The accounts are used primarily to meet deductible costs; employers often contribute and workers can make pretax contributions up to $3,350 […]

Bipartisan solutions on long-term care come into view

Long-term-care-sidewalk-150px

Ask Americans what they fear most about aging, and many will tell you it is the possibility of needing nursing care – and not being able to pay for it. They are right to worry. Federal data shows that about half the people who turn 65 today will not have any need for long-term care. […]

Inflation in retirement: What you can do to keep up

Percentage-sign-280px

The news that Social Security beneficiaries didn’t receive an inflation adjustment this year has renewed debate about how we measure the cost of living for seniors. A strong case can be made that the current formula driving Social Security’s cost-of-living adjustment (COLA) is out of whack. The COLA is tied to the Consumer Price Index for Urban […]

Pages: 1 2 3

How will higher health costs impact your retirement plan?

health insurance costs3

If you haven’t done a check-up on your retirement health care costs lately, it’s a good time to update the numbers. Medicare’s premiums and out-of-pocket costs will jump over the next several years due to rising health care costs and changes in the program made by Congress. After several years of minimal health care inflation, […]

Wondering what your 2016 Medicare Part B premium will be? Here’s the skinny

Medicare-slider

The chaos surrounding Medicare premiums for 2016 finally has settled down, and we now have final figures on  monthly premiums will look like in Part B (outpatient services). If you’re already on Social Security, your premium stays at $104.90. You’re held harmless due to the lack of a Social Security COLA for next year.   […]

No Social Security COLA for next year: Here’s what it means

Percentage-sign---slider

Update: Congress and The White House reached a tentative budget deal the week of October 26 that includes a provision blunting the 52 percent increase in Medicare Part B premiums discussed below. If the deal is signed into law, Part B premiums for the 30 percent of beneficiaries not held harmless would rise from the current […]

Obamacare isn’t spurring earlier retirement – at least, not yet

Health-Insurance-150-x-220-px

The Affordable Care Act is doing plenty of good for older Americans, but one thing it is not doing is convincing them to retire early. One prediction of the impact of the healthcare law, commonly known as Obamacare, was that the ACA would end job lock – the phenomenon of workers hanging onto jobs just […]