Medicare/Social Security

How To Protect Clients from Social Security Fraud

Nearly everyone is a potential target. The Social Security Administration sends checks to more than 70 million beneficiaries.

Patients See First Savings From Biden’s Drug Price Push

Pharma is lining up its lawyers as savings — in the tens of thousands for some patients — kick in from reforms.

Medicare Recipients Could Save Big on Drugs This Year

Prescription drug costs are falling this year for more than 1 million seniors — in many cases, by thousands of dollars.

Older Americans Say They Feel Trapped in Medicare Advantage Plans

Switching back to traditional Medicare is expensive and supplemental insurers may deny coverage to those who do — or charge them more.

Limit on Drug Industry Middlemen Backfires, Pharmacists Say

A new Medicare rule could make it more difficult and more expensive for seniors to get prescriptions filled at drugstores.

Medicare Advantage Increasingly Popular With Seniors — But Not Hospitals and Doctors

Some providers refuse to accept it, coverage can be more limited and studies show it costs taxpayers more than traditional Medicare.

Uncle Sam Wants You to Help Stop Bogus Medicare Advantage Sales Tactics

CMM is encouraging seniors and other members of the public to report insurers' misleading or deceptive ads and other promotional materials.

Three Trends Raising Medicare Drug Costs, Jeopardizing Coverage

Here’s a closer look at these trends , amid rising Medicare premiums, and some action points for Medicare beneficiaries.

Medicare Advantage Being Terminated by Health Care Systems

At least a half-dozen U.S. health systems — including a major one in California — are terminating Medicare Advantage contracts.

Feds Rein In Use of Predictive Software That Limits Care for Medicare Advantage Patients

Plans are cutting off patients' coverage based on algorithms even if their doctors determine they still require nursing home care.

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SEC Charges Investment Advisors for Overstating Use of AI

The two firms will pay $400,000 in total civil penalties for false marketing and the SEC is on the lookout for more offenders.

JPMorgan Fined $348 Million for Lapses in Trade Monitoring

The bank had failed to account for “billions of instances of trading activity” on as many as 30 different platforms, regulators said.

Top-Heavy Market Doesn’t Mean Steep Correction. Here’s Why

It's been 100 years since the market has been this top heavy, giving rise to understandable fears. History suggest those fears are overdone.

Judge: Minority-Business Agency Can’t Consider Race

A federal judge in Texas has barred a government agency from using race to reject entrepreneurs looking for assistance.

IRS Alert: Weight-Loss Food Is Typically Not a Medical Expense

Companies are falsely claiming that FSAs and HSAs cover or reimburse general health and wellness expenses.

Annuities Continue March Upward

Annuities saw an impressive boom in 2023, with sales reaching a new all-time high, LIMRA announced.

Financial Discipline Among Americans Sliding, Study Shows

People are doing less planning and feeling more financially insecure, Northwestern Mutual's latest research finds.