Medicare Part D (Prescription drug) is implementing a new convenience next year --the Medicare Prescription Payment Plan (MPPP). Beginning in 2025, Part D plans -- including standalone Medicare prescription drug plans -- will offer enrollees the option to pay out-of-pocket prescription drug costs in monthly payments instead of all at once at the pharmacy.
After paying the initial deductible, an enrollee will pay 25 percent of drug costs. They will not spend more than $2,000 a year in out-of-pockets costs. The coverage gap stage will be eliminated.
It’s hoped that a stable MPPP monthly payment will make it easier for Medicare beneficiaries to budget for prescription drug costs.
This new plan was mandated under the Inflation Reduction Act
It's likely that many of us will eventually need to arrange for hospice care for ourselves or a loved one.
It's essential that we are aware of the Four Levels of Hospice Care.
When exploring hospice facilities, make sure these levels – also called stages – are addressed at the facilities you review.
Once a patient starts getting hospice care, his or her Medicare hospice benefit should cover everything related to a terminal illness.
No matter what your age, a day at the beach can be a pleasant diversion from everyday activities.
And there are ways to make sure your day at the beach is a great one. Here are some tips for making sure your day is fun and safe (Florida Panhandle.com).
As we get older, many of us experience a decline in hearing. This can, of course, be treated with hearing aids.
However, hearing is something that Medicare does not cover (as is the case with dental and vision) care.
But American Senior Benefits can help. We can help you obtain DVH (dental, vision and hearing) coverage that may help with hearing aids and other care.
You should know this regarding hearing aids. Research shows that hearing aids may help reduce the risk of cognitive decline (dementia). (CNN)
Contact me for more information on DVH.
Here's something special for your grill: a mouth-watering, palate -pleasing, grilled romaine salad!
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DIRECTIONS:
August 3, 1492 -- Christopher Columbus set sail from Palos, Spain, with three ships.
August 14, 1935 -- President Roosevelt signed the Social Security Act.
August 17, 1978 -- The first transatlantic balloon trip was completed by three Americans: Max Anderson, Ben Abruzzo, and Larry Newman
August 24, 79 A.D. --Vesuvius, an active volcano in southern Italy, erupted and destroyed the cities of Pompeii, Stabiae and Herculaneum.
August Birthdays: Barack Obama (August 4), Charlize Theron (7), Hulk Hogan (11), Demi Lovato (20)
"Without Recourse" This situation occurs when items are sold "as is," without any guarantees.
The working-age population is the population that is considered able and likely to work.
The World Bank is an international organization that provides financing, advice, and research to developing nations to help advance their economies.
Working class is a term describing people in a social class marked by jobs that provide low pay and require limited skill.
The World Trade Organization (WTO) oversees global trade rules among nations and mediates disputes.
“I just love working hard. I love being part of a team. I love working toward a common goal.”
- Tom Brady
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