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IRMAA: Your income and Part B

IRMAA: Your income and Part B

The standard Part B premium amount in 2024 is $174.70. Most people pay the standard Part B premium amount. If your modified adjusted gross income as reported on your IRS tax return from 2 years ago is above a certain amount, you'll pay the standard premium amount and an Income Related Monthly Adjustment Amount (IRMAA). 2024 IRMAA for Part B and Part D. Based on...

Medicare Advantage or Medicare Supplement Which to Choose?

Here’s a look at the pros and cons of the two approaches to health insurance. https://rb.gy/icxvs0    ...

Understanding the Health Care Provisions in the Inflation Reduction Act

https://www.youtube.com/watch?v=dj0CQvdvFNE...

AARP’s Billion Dollar Bounty

Paid endorsements as part of a marketing strategy are nothing new.  But are they appropriate for health care? In its most recent financial statement AARP reported over $1 Billion in such endorsement royalty income, more than three times the amount collected from member dues. Although many supporters argue that AARP pursues worthy goals, the alliance raises alarms among critics who see a conflict of interest...

The Pain of Prior Authorization

While insurers and providers fundamentally disagree on the usefulness of prior authorization policy, consumers continue to experience delays in treatment. According to an April 2022 report, the US Department of Health and Human Services’ inspector general found 13% of prior authorization denials by Medicare Advantage plans were for Medicare approved services. The rise in authorization denials is being addressed by state lawmakers, health providers and...