Medicare, Biden and Trump
Donald Trump has rescinded an executive order from President Joe Biden that sought to lower the price of drugs.
Seniors pay about the same or slightly less out-of-pocket for services under Medicare Advantage compared to traditional Medicare, researchers found. For example, Medicare Advantage beneficiaries paid nearly $206 for eyeglasses, about 9% less than the $226 paid under traditional Medicare.
Original Medicare's cost and coverage change annually. This affects how much you pay and the type of supplementary insurance you may want.
The General Enrollment Period provides an opportunity to make up for a past oversight – the failure to enroll in Part B.
Although Medicare enrollees typically don't pay a premium for Part A, which covers hospital care, there's a cost for being admitted to the hospital. In 2025, you'll face a $1,676 inpatient deductible, up from $1,632 in 2024.
California has various Medicare options, including Original Medicare, Medicare Advantage, and Medigap. Learn more here.
The median wait time between referral and appointment was 34 days, and 18 percent of patients waited more than 90 days, the study found.
The hugely popular medications Ozempic and Wegovy​, used for diabetes and weight loss, will be included in the next round of talks to negotiate lower Medicare drug prices.
President Donald Trump, in signing dozens of executive orders on Monday, rescinded an effort by former President Joe Biden to lower drug costs by directing Medicare and Medicaid to test models that would bring down prescription-drug prices and make cell- and gene-therapy treatments more accessible.
A woman who lost 64 pounds on a compounded form of the weight loss drug semaglutide, marketed as Wegovy and Ozempic, started a side hustle to afford it.
Molina Healthcare's revenue and EPS have seen substantial growth, but the company faces challenges with Medicaid. Read why I rate MOH stock a Buy now.