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Biden Signs Inflation Reduction Act
President Joe Biden signed the Inflation Reduction Act into law on Tuesday, a major win for the Democrats, who call it a significant step toward curbing climate change and easing health care costs.
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Biden Urges Lawmakers to Pass Bill Targeting Inflation, Climate Change
President Joe Biden urged lawmakers Thursday to pass the Inflation Reduction Act of 2022, a bill which would offer inflation relief and invest in energy security and climate change programs.
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Senate Democrats See ‘Major Progress' on Biden's Economic Agenda Bill
Democrats plan to submit a “finalized agreement” on allowing Medicare to negotiate prices with pharmaceutical companies to a key Senate official “in the coming days” to see if it complies with the chamber’s strict budget rules, one of the sources said.
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Biden Renews Call to Let Medicare Negotiate Drug Prices, an Effort That Has Stalled in Congress
A proposal that would have let Medicare negotiate the price of certain drugs was part of the Build Back Better Act, which died in the Senate late last year.
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Connecticut Officials Tackle Drug Pricing
The cost of prescription drugs is increasing, and Gov. Ned Lamont and some lawmakers are renewing their push to lower the cost by telling companies how much they can charge. “A survey in 2018 found that 20 percent of people of Connecticut residents were either cutting pills or skipping prescriptions because they couldn’t afford it,” Ellen Andrews, executive director of…
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Lawmakers Push to Lower the Cost of Prescription Drugs
Governor Ned Lamont is proposing a bill that would only allow companies to earn two percent plus the cost of inflation.
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Here's the Financial Assistance That Could Make the Cut in Biden's Smaller Build Back Better
As the U.S. economy has rebounded, more aid to Americans will likely be scaled down. Here’s what proposals could still get passed by Congress.
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Social Security's Cost-Of-Living Adjustments Spark Debate About the Appropriate Measurement Used
Some lawmakers and Social Security advocates are hoping to change the way the program’s annual cost-of-living adjustments are calculated.
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Here's What to Know About Your 2022 Medicare Costs
With annual adjustments pushing some costs higher, experts say it’s important to consider how the changes will affect your household spending.
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With the Future of Build Back Better in Question, Proposed Medicare Changes Are Also in Trouble
Medicare provisions in the $1.75 trillion legislative package are in jeopardy, given the likelihood that the bill will not pass in its current form.
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Your Social Security Cost-Of-Living Adjustment for 2022 May Not Go as Far Due to Inflation and Medicare Costs. These Strategies Can Help
Inflation is currently outpacing Social Security’s 5.9% cost-of-living adjustment for 2022. Medicare Part B premiums may take a bigger chunk of benefit checks.
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Here's How Medicare Could Change If ‘Build Back Better' Spending Bill Becomes Law
While the bill is not a done deal, the House passage means provisions to improve Medicare are a step closer to becoming law.
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Here's What Medicare Beneficiaries Should Know About Next Year's Prescription Drug Plans
Prescription drug plans are modified every year, meaning your premiums, deductibles and the cost of specific medicines could be changing.
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Medicare May Cover Hearing Services If Democrats' Spending Plan Becomes Law. It's Only One Gap in Coverage That Beneficiaries Should Prepare for
While adding hearing services to Medicare would plug one coverage hole, there are others that enrollees should prepare themselves for.
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Latest Version of Democrats' $1.75 Trillion Budget Bill Includes Improvements to Medicare's Coverage
The Medicare-related provisions are part of Democrats’ legislative plan to strengthen the social safety net.
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1 in 4 Older Americans Have Less Than $500 Saved to Cover Medical Expenses. Here's How to Reduce Medicare Costs If You're Struggling
If you’re among those in the 65-and-older crowd who struggle to pay their health care expenses, there may be a Medicare plan that could help lower the cost.
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Here Are the 3 Big Ways Democrats' Social Plan Would Expand Health Coverage
The $1.75 trillion framework issued Thursday would expand insurance subsidies, add Medicare hearing coverage and improve access to homecare.
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Most Medicare Beneficiaries Don't Explore Their Options During Open Enrollment, Study Shows. Here's Why That Could Be a Costly Mistake
With the specifics of Medicare health plans changing from year to year, not checking to see if there’s a better option can be a costly mistake.
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Why One Group Is Calling for Fourth Stimulus Checks to Help Retirees Stave Off Rising Costs
As older Americans find their money is not going as far amid high inflation and the Covid-19 pandemic, one group plans to ask Congress to step in and help.