The financial news that actually matters
Nearly 3 million people enrolled in Medicare Advantage plans were forced to find new coverage for 2026 after insurers pulled plans from markets around the country, creating one of the biggest disruptions the program has seen in years. The shift affected about 1 in 10 beneficiaries in non-employer HMO and PPO Medicare Advantage plans, according…
Medicare scam calls were already a familiar nuisance for many older Americans. During the most recent open enrollment season, they became something more dangerous. Recent reporting citing Better Business Bureau complaint data found Medicare scam complaints running 40% higher than a year earlier, while federal officials were separately dealing with a confirmed Medicare.gov account incident…
More than half of Medicare-eligible seniors in the United States now get their coverage through private Medicare Advantage plans, a milestone that says as much about the future of the program as it does about its current popularity. In 2025, enrollment reached 34.1 million people, or 54% of eligible Medicare beneficiaries, cementing Medicare Advantage as…
Medicare beneficiaries with high prescription drug bills got a major change in 2025: annual out-of-pocket costs for covered Part D drugs are now capped at $2,000. For people who rely on expensive cancer treatments, specialty medicines, or brand-name therapies for chronic conditions, that limit replaces the old system that could leave costs climbing long after…