Tag: "Medicare"

Setting the Story Straight on COLA

Over the past several days, I have read some articles about the fact that next year's Social Security benefit payments will not be increasing as they normally do to keep up with inflation. This is what is known as the cost of living adjustment (COLA). According to some politicians and advocates, with rising health care […]

Medicare Grows Sicker

As if the Democrats' proposed health care bill is not enough to send a person to the urgent care clinic, there is a lesser-known move that has garnered attention among those concerned about the growing entitlement burden: the House voted this week to approve a package which would eliminate the “Medicare trigger.”

Investing for Health Care Costs

Much attention has been given to the out-of-pocket health care costs seniors will likely incur during their retirement years. (See our recently published Brief Analysis on this topic.) A Fidelity study found that the average senior retiring this year at age 65 will need $240,000 during his or her lifetime to pay Medicare premiums, out-of-pocket […]

Socking it to the Poor

It is bad enough that the federal cigarette tax will more than double under the Obama Administration, disproportionately affecting the poor. But now low-income seniors may pay more generic viagra professional for their health insurance. The Centers for Medicare and Medicaid Services is reducing payments to insurers for Medicare Advantage plans. Medicare Advantage is a […]

Dear Santa, We Need $52 Trillion…

In the spring, the Social Security Trustees released their annual report on the sad state of Social Security and Medicare. To sum it up, both programs have a combined total of nearly $102 trillion in unfunded liabilities. This means that we would need to have that much money in the bank today, earning interest, in […]