Tag: Affordable Care Act

Congress Must Act to Keep Prescription Drug Costs From Rising

Colorado Gerontological Society via 50 Plus Marketplace News for northern Colorado seniors

A massive increase in the out-of-pocket prescription drug costs for Colorado older adults is looming in the months ahead unless Congress steps in to fix the “out-of-pocket cliff ”. Many Medicare beneficiaries who have benefited from the Part D program have experienced a decrease in the cost of prescription drugs in the donut hole. The …

Continue reading

Permanent link to this article: https://www.50plusmarketplacenews.com/313224/colorado-gerontological-society/congress-act-prescription-drug-costs-rising

ACA: How It Will Effect Medicare Beneficiaries

Colorado Gerontological Society via 50 Plus Marketplace News for northern Colorado seniors

In 2028, Medicare Part A Health Insurance Trust Fund is projected to cover about 87% of the costs for hospital care, skilled rehabilitation, home health and hospice care. Without changes to the payroll taxes, it is projected that only 79% of the claims will be paid by 2040. Medicare Part B (physician and other services) …

Continue reading

Permanent link to this article: https://www.50plusmarketplacenews.com/8801/colorado-gerontological-society/aca-effect-medicare-beneficiaries

Senior Related Legislation

At February’s Senior Education Network meeting, AARP Associate State Director for Advocacy Kelli Fritts discussed senior related legislation pending at the Colorado State Legislature and at the U.S. Congress. Several notable bills that AARP is reviewing includes Medicare funding, Affordable Care Act (ACA), State Medicaid, Medical Information Bureau (MIB), TABOR, and the future of the …

Continue reading

Permanent link to this article: https://www.50plusmarketplacenews.com/8624/larimer-county-latest-news/senior-related-legislation