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The Latest Breaking News from Medicare

Fatal drug overdoses have quadrupled in US seniors

The rate of fatal drug overdoses among U.S. seniors has quadrupled in the last 20 years.

LiveScience

Legislative themes emerge on upcoming pandemic reauthorization

WASHINGTON — The broad outlines of an upcoming debate over a pandemic preparedness reauthorization bill are beginning to emerge as regulators, policymakers and industry groups take stock of lessons learned from COVID-19.

Tribune News Service

Legislative themes emerge on upcoming pandemic reauthorization - Roll Call

A reauthorization of the pandemic preparedness law will give Congress a chance to revisit its handling of COVID-19.

Roll Call

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How to make $100,000 or more and pay no income taxes

Yes, it’s entirely possible to make more than $100,000 and pay no federal income tax on it, and this article will show you exactly what you need to do to claim your tax-free cash. It’s completely legal – and incredibly! – the tax code almost seems to encourage you to…

Tribune News Service

Karl W. Smith: Republicans must get over their fear of Medicare

Speaker of the House Kevin McCarthy sent a letter last week to President Joe Biden in which he admonished the White House for not taking more seriously talks to raise the nation’s debt limit, currently set at almost $31.4 trillion. The Biden administration responded by saying House Republicans should increase…

Tribune News Service

Medicare Checklist: How to Avoid Costly Enrollment Mistakes, From a Financial Planner

When you sign up for each part of Medicare matters. This enrollment checklist flags important info you need to know.

Kiplinger

Editorial: Can a dysfunctional Congress rescue Social Security and Medicare from disaster?

For all of this week’s focus on Donald Trump’s legal travails — and the breathless commentary and speculation surrounding it from all quarters — there was significantly less ink spilled on what looms as a far more consequential development, at least in the long-term and for average Americans contemplating a…

Tribune News Service

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Every indictment will make Trump stronger – and Republicans wilder

Rupert Murdoch, the Koch network and other rightwing power brokers know the monster they created is now out of control

The Guardian - US

Up to $3 billion in taxpayer money lost to Medicare fraud and non-compliance annually, government review finds

Between $1.5 billion to $3 billion is being lost to Medicare fraud and non-compliance every year, according to an independent review that also warns the overly-complex system is out of date and risks bleeding more taxpayer money.

ABC News

Watch: Damning Medicare review, TikTok ban, Interest rates

Watch: Donald Trump has arrived in New York before his arraignment tomorrow. TikTok has been banned on all Australian federal government devices due to

The New Daily

Medicare fraud and non-compliance costing taxpayers up to $3bn, review finds

Government-commissioned report argues structural reform is essential and requires a simpler, clearer billing system

The Guardian - AU

Liz Weston: Will you face a tax bomb in retirement?

Good savers who take full advantage of their 401(k) plans and other tax-deductible retirement plans could be setting themselves up for unnecessarily high tax bills in retirement

The Independent UK

Drug overdose deaths ‘quadrupled’ among older US adults over last two decades, study warns

‘Quadrupling of fatal overdoses among older adults should be considered in evolving policies’

The Independent UK

Research debunks myth of widespread Medicare fraud

About 85 per cent of GPs nationwide have saved Medicare over $350 million from undercharging patients in consultations, a new study has found.

The New Daily

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Newcastle Herald

Blaming victims of domestic abuse helps no-one fix underlying issues

Why is there still so much ignorance on the subject, and where do all the myths and misconceptions come from?

AAP

Doctors demand apology as Medicare fraud myth busted

Doctors are claiming vindication and demanding an apology as new research undermines claims of widespread Medicare fraud.

WEKU

Social Security is now expected to run short of cash by 2033

Policymakers will need to patch the Social Security program by 2033 to avoid draconian cuts in benefits, a year earlier than had been predicted. A trust fund for Medicare will run out of cash by 2031.

Tribune News Service

Social Security insolvency seen coming a year earlier than before

WASHINGTON — The Social Security system’s retiree fund will be able to fully pay scheduled benefits until 2033, one year earlier than reported last year.

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Roll Call

Social Security, Medicare funds face depletion within a decade - Roll Call

Social Security’s finances worsened over the past year while Medicare's improved slightly, according to government actuaries.

Kiplinger

Can My Pension Trigger a Retirement Tax Bomb?

Key planning strategies like asset location and Roth conversions can dramatically reduce the taxes you pay throughout retirement and your heirs’ tax liability.

AAP

Liberals expected to retain Aston seat at by-election

Labor and coalition camps expect the Liberal Party to retain the Melbourne seat of Aston after Alan Tudge's retirement triggered a by-election.

ABC News

Necho lost her job because she is trans. Now she's studying to become a human rights lawyer

Necho Brocchi was in the early stages of medically transitioning when she said she was fired for being trans.

Tribune News Service

Mayor Adams signs controversial contract that eliminates traditional Medicare for retired NYC workers

NEW YORK — Mayor Eric Adams signed off on a contract Thursday that will eliminate traditional Medicare coverage for retired city government workers and shift them into a privatized version of the program instead — a highly controversial move that immediately drew a lawsuit threat from a grassroots retiree group.

Roll Call

Budget blueprint may take a back seat to debt limit in House - Roll Call

House Budget Chairman Jodey C. Arrington said Congress needs to lift the debt ceiling and impose fiscal controls “immediately".

Barchart

Strength in Tech Stocks Boosts Market Sentiment

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.99%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.36%. U.S. stock indexes this morning are moderately higher. Strength...

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