The Latest Breaking News from Medicare

The move is expected to cut costs in a few years for some patients but faces litigation from the drugmakers and heavy criticism from Republican lawmakers.

President Joe Biden says for many Americans the cost of one drug can be “the difference between life and death” as his administration announces the first drugs that’ll be targeted for price negotiations in an effort to cut Medicare costs.

In the biggest shakeup since Medicare was established in 1965, the Biden administration identified 10 prescription drugs it will target for direct price negotiations with producers.

One of the biggest expenses Medicare beneficiaries are likely to face will be long-term care.

Since the start of the COVID pandemic, there has been more attention given to problems of mental ill-health including depression than ever before. A new therapeutic option, especially for depression, transcranial magnetic stimulation, is slowly helping to address some of these considerable unmet needs in our community.

A stair lift can cost thousands of dollars and is not covered by traditional Medicare.

One in every four senior Americans with dementia or mild cognitive impairment lives alone, making them vulnerable to risky driving, wandering outside the home, mixing up medications, and skipping appointments. Read further on Dynamite News:

Thanks to the non-cyclical nature and the increasing demand for healthcare services, the healthcare industry should continue to brave most market challenges. Hence, it could be an opportune time to explore dominating medical stocks: Elevance Health (ELV), Centene Corp. (CNC), and Molina Healthcare (MOH), which might garner substantial returns for…

The donut hole is closed, but that doesn't mean there's not a coverage gap.