CMS Revises Hospice Medications Guidance

When Medicare beneficiaries elect the hospice benefit, they waive Medicare coverage for all care and services related to the terminal illness that are not on the hospice plan of care and provided through the hospice provider. This means that when a terminally ill...

Congress Passes ABLE Act

Congress passed the ABLE Act yesterday, which creates tax-favored accounts for children and adults whose disability occurred before age 26. The ABLE Act allows these tax-favored accounts to receive up to the annual gift tax exemption (currently $14,000 per year)....

Is That Hospice Safe?

The typical hospice in the United States undergoes a full government inspection about once every six years, according to federal figures, making it one of the least-scrutinized areas of U.S. health care — even though about half of older Americans receive hospice care...

A Third of People Have Nothing Saved for Retirement

A third of people (36 percent) in the U.S. have nothing saved for retirement, a new survey shows. In fact, 14 percent of people ages 65 and older have no retirement savings; 26 percent of those 50 to 64; 33 percent, 30 to 49, according to the survey conducted...

Medicare Part D Premiums Up $1 from Last Year

Medicare Part D premiums are expected to stay relatively flat in the next few years, according to a new report, despite concerns with rising cost of specialty drugs. The Centers for Medicare and Medicaid Services said it estimates the premium for a basic Medicare Part...