Report Section Ehbs 2020 Survey Design And MethodsMedicare Part D prescription drug coverage hit a new milestone this year. The highly - loathed "doughnut hole" or "coverage gap" closed this year. But that doesn't mean prescriptions will be free. The co-insurance in the former Part D doughnut hole dropped to 25% of all drug costs. That's the good news. But the out of pocket spending that's required to qualify for catastrophic drug coverage took a big jump, from ,100 in 2019, to ,350 an increase of ,250. That's the biggest jump in the out-of-pocket threshold since the start of Part D in 2006..Homeowners and renter's insurance: With severe weather-related disasters, homeowner's insurance is one of the top ten fastest rising senior costs. If you haven't done so recently, review your coverage and determine whether it's based on the current value of your home and realistic current replacement costs. Many policies have new deductibles for wind and hurricane damage based on a percentage of your home's value, so take care and look before being tempted to increase deductibles to lower premium costs. Do shop around with other highly rated insurers to see if you can lower your premiums..Republican lawmakers are voicing deep skepticism about passing another round of ,200 rebate checks as they contemplate the next and possibly final stage of coronavirus relief legislation. … Continued
Unity Hospital ServicesNew Top Official for CMS.The Senior Citizens League supports legislation The Social Security 2100 Act, H.R. 1391, introduced by Representative John Larson, that would adjust the income thresholds to ,000 for single filers and 0,000 for joint filers, and replace it with other sources of revenue..There's an overwhelming flood of retirement information targeted to higher -earning upper income Americans, but just about everyone else with more modest incomes are without the guidance to help make the best retirement decision. … Continued