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Federal Government Steps Up Pressure on Hospitals to Disclose Prices
The law was created to help patients figure out the cost of care before booking a treatment, reports NBC 7’s Alexis Rivas.
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Federal Government Steps up Pressure on Hospitals to Disclose Prices
The Centers for Medicare & Medicaid Services is cracking down harder on hospitals that still haven’t complied with the Hospital Price Transparency law. It’s been more than two years since it went into effect, mandating hospitals post pricing information online so customers can easily find out how much medical procedures or services cost before making a health care...
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Biden Signs Inflation Reduction Act
President Joe Biden signed the Inflation Reduction Act into law on Tuesday, a major win for the Democrats, who call it a significant step toward curbing climate change and easing health care costs.
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If You're a New Retiree Whose Income Has Dropped, You May Need to Appeal Medicare Premium Surcharges
The tax return that’s used to determine whether you pay extra for Medicare premiums may not accurately reflect your income when you retire.
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Consumers Have Saved More Than $100 Billion in Health Savings Accounts
Health savings accounts are growing rapidly. They are available to consumers with a high-deductible health insurance plan and have a triple tax advantage.
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Budgeting for a Baby: Here's What Financial Advisors Recommend for New Parents
Expecting a baby? It’s important to start thinking about both the short-term and long-term costs of raising a child, say financial advisors.
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A Chance to Switch Or Ditch Your Medicare Advantage Plan Ends Soon. What to Know
If you’ve discovered that your 2022 plan is not a good fit, be aware that you can make a change during a window that opened Jan. 1 and closes March 31.
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More Than $1 Billion Could Be Forfeited in Health-Care Flexible Spending Accounts This Year
At companies that offer a 2.5-month grace period to spend the previous year’s unused funds, the deadline is March 15.
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How to Tackle Medical Bills Before the Debt Becomes a Long-Lasting Financial Problem
If you ignore medical bills, it can evolve into unpaid debt that ends up with a collection agency and on your credit report for up to seven years.
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Late-Enrollment Fees Hit Some Medicare Beneficiaries. A Congressional Bill Would Warn People of Those Charges Before They Happen
Fewer individuals are automatically being enrolled in Medicare at age 65, which can result in costly mistakes when signing up.
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The Cost of Long-Term Care Is Rising Amid Staffing Shortages. How to Cover These Expenses
The cost of long-term care has grown, with sizable price hikes for home-based services. Here are some of the ways to pay for it.
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Retiring and Enrolling in Medicare: You May Need to Appeal Premium Surcharges If Your Income Is Dropping
Although your income may drop when you retire, you could face higher Medicare premiums if your most recent tax return shows income above a set threshold.
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The At-Home Testing Industry, From Covid to Cancer, May Be Worth Over $2 Billion by 2025
The emerging marketplace of consumer-initiated lab testing may be worth more than $2 billion by 2025, according to Quest Diagnostics.
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Anyone at Age 65 Should Evaluate How — Or If — Medicare Will Fit Into Their Health-Care Coverage. Here's Why
To avoid late enrollment penalties, you may need to sign up for Medicare at age 65 even if you already have workplace coverage.
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Social Security's Cost-Of-Living Adjustments Spark Debate About the Appropriate Measurement Used
Some lawmakers and Social Security advocates are hoping to change the way the program’s annual cost-of-living adjustments are calculated.
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Government May Scale Back Medicare Part B Premium Increase
Medicare officials were instructed Monday to reassess the standard monthly amount due to a reduction in the cost of a drug that caused half the premium jump.
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If Your Medicare Advantage Plan Is Not a Good Fit, Now Is the Time to Change Your Coverage
During the first three months of the year, you can either switch to another Advantage Plan or return to basic Medicare. Here’s what to know.
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Here's What to Know About Your 2022 Medicare Costs
With annual adjustments pushing some costs higher, experts say it’s important to consider how the changes will affect your household spending.
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There's Still Time to Sign Up for Health Insurance Through the Public Exchange. You May Qualify for Financial Help
Most people who get insurance through the public marketplace end up getting some sort of financial help to cover their monthly premiums.
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Biden Wants to Improve Social Security's Online Services. Here's Some Changes Beneficiaries May See
The Covid-19 pandemic prompted the Social Security Administration to move most of its services online. Now, a new executive order aims to improve them.