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This Week in Medicare & Social Security - Dec. 23-27, 2024


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  Patients Who Exit Medicare Advantage for Traditional Government Coverage Are Costlier Than Most. Study also suggests some older Americans may struggle to access care through Medic

The article from MSN, titled "This Week in Medicare & Social Security: Dec. 23-27, 2024," discusses several key updates and events related to Medicare and Social Security for the specified week. It highlights the upcoming changes in Medicare premiums and deductibles for 2025, with a slight increase in Part B premiums due to rising healthcare costs. The article also mentions the annual cost-of-living adjustment (COLA) for Social Security beneficiaries, which will see a modest increase to help recipients keep up with inflation. Additionally, there are updates on legislative proposals aimed at strengthening the financial stability of these programs, including discussions on potential reforms to extend the solvency of the Social Security Trust Fund. The piece also covers a new initiative by the Centers for Medicare & Medicaid Services (CMS) to enhance transparency in drug pricing, aiming to reduce out-of-pocket costs for Medicare beneficiaries. Lastly, it notes the ongoing debate in Congress regarding the future funding and structure of these critical social safety nets.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/this-week-in-medicare-social-security-dec-23-27-2024/ar-AA1wAI78 ]

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