The Fiscal Year (FY) 2015 Budget plans to cut the federal deficit by reducing payments to Medicare, increasing income-related premiums, and supporting other cost-saving measures.
On Tuesday, March 4, 2014, the Health and Human Services (HHS) released their budget proposal for the 2015 fiscal year. The new budget proposed by President Barack Obama’s administration calls for more than $1 trillion in spending, a new milestone according to budget officials.
HHS oversees Medicare and Medicaid, as well as the expanded coverage for younger individuals through Affordable Care Act (ACA), also known as Obamacare. This budget proposal fully funds the ACA implementation and adds $14.6 billion over the next 10 years to ensure health provider access to rural and other underserved communities. However, this budget also includes billion dollar cuts to the Medicare program and other changes that will greatly affect seniors and other beneficiaries.
Ongoing for centuries, the Winter Olympics has an exciting history with many memorable moments.
Last weekend marked the close of the 2014 Winter Olympics in Sochi. The Olympics have always been guaranteed to deliver surprises, controversies, and lots of media coverage – and Sochi was no exception. From safety concerns to Bob Costas’s eye infection and history-making medal wins, this year’s games gave us a lot to watch.
As we move past the games and look forward to the next round in 2016 (the Summer Olympics in Rio), we’re taking a look back at our favorite moments of Winter Games past. Here are our four favorite historical Olympic happenings:
The Centers for Disease Control and Prevention (CDC) recently released some shocking numbers about the prevalence of Sexually Transmitted Diseases (STDs) in the senior citizen population.
According to the CDC, STDs such as syphilis and chlamydia have increased from 2007 through 2011 at the alarming rates of 52% and 31% respectively. This isn’t exactly news, however, in regards to seniors and STDs. STD rates among the elderly have been on the rise in recent years. Although the highest disease rates are found in the state of Florida, increases have been seen nation-wide.
Medicare is the federally administered health insurance program for people age 65 and older. Medicaid is also a federally funded program, although its focus is to provide health care to low-income Americans, such as families, children, and people with disabilities.
It is possible for a person to be enrolled in both of these, and those beneficiaries are called “dual eligibles.” Recent federal statistics suggest that dual eligibles comprise 15% of all Medicaid enrollees, but account for nearly 40% of all costs. Dual eligibles represent 20% of all Medicare beneficiaries, with more than 30% of all costs. In 2009, that’s over $250 billion spent on this group.
The Medicare Advantage Disenrollment Period (MADP) ends tomorrow. Here are 5 last-minute tips for those still looking to make coverage changes.
As we previously explained, the Medicare Advantage Disenrollment Period (MADP) allows beneficiaries to test drive their Medicare Advantage (MA) plan and return to the federally funded Original Medicare coverage if they are not satisfied with their plan. After doing so, they can then pick up a Medicare Supplement policy and/or a stand-alone Medicare Part D plan, depending on if they had prescription drug coverage before.
The Medicare Advantage Disenrollment Period lasts from the beginning of the year through tomorrow, February 14, 2014. Here are some last-minute tips to help you take advantage of this period before it ends.
The glitz! The glamour! The 2014 Grammy Awards!
The recording industry’s most prestigious award, the Grammy, was presented on January 26 to honor excellence in the music industry. Whether you searched for the results the day after, stayed up to watch the show, or heard about the winners on the radio, you may have been asking yourself “Who are these people? I’ve never heard of them!”
The Grammys this year (and most years) do a good job of including the old with the new. Old favorites like Chicago, The Beatles, and Stevie Wonder performed alongside today’s most popular acts. But still, the Grammys signify what is popular here and now and most of us lose touch with the musical tastes outside of our own generation.
If ever there was a generation prepared to prove that life does not end at 65, it’s the Baby Boomers. Celebrities turning 65 in 2014 show no sign of growing old and leaving the spotlight – in fact, quite the opposite.
The following Baby Boomers are hitting their Medicare eligibility age in February 2014, and continue to work as hard as ever. Hard work and persistence are not the only thing these celebrities have in common, after this month they will all be eligible for the Medicare program. This means that they may be automatically enrolled in Medicare Part A and Medicare Part B.
Happy February birthdays from eHealthMedicare!
The Ohio State University recently released a self-administered test to measure thinking abilities and to detect any cognitive deterioration that could lead to Alzheimer’s or dementia.
In this day and age, Americans can diagnose their health condition by researching their side effects online. But can a self-administered at home pen and paper test detect early symptoms of Alzheimer’s and dementia? Researchers at The Ohio State University (OSU) Wexner Medical Center believe that they have created a quick and easy test that can be used to determine whether a person’s thinking abilities are decreasing as they age.
With mental health issues and challenges higher than ever in America, new changes in Medicare are making it easier for seniors to access mental health care.
While the Medicare program does cover certain aspects of mental health care, it does not include all costs associated with senior mental health care, which creates an issue around accessing this kind of treatment. In 2008, Medicare covered only 50% of the cost of psychological treatment for eligible beneficiaries. In 2013, it covered up to 65%. But what’s in store for Medicare beneficiaries in 2014?
While Original Medicare generally does not pay for routine eye care, Medicare cataract surgery coverage is offered to beneficiaries with chronic eye conditions.
With aging comes the risk of developing cataracts, cloudy areas in the lens of the eye that can greatly affect vision. Symptoms include blurry vision, sensitivity to glare, poor night vision, and/or frequent prescription changes in eyeglasses or contact lenses. While cataracts can develop at any age, this condition is common for older individuals, including many who are already enrolled in the Medicare program. By the age of 80, more than half of all Americans have either had a cataract or had cataract surgery, according to the National Eye Institute. Thankfully, Medicare will cover medically-necessary surgical procedures, such as cataract surgery.