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The Money Overview

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Tyler Foster

Latest Articles by Tyler Foster

Social Security & Medicare

Supplemental Security Income usually brings Medicaid automatically the same month

A Supplemental Security Income award worth $994 a month in 2026 carries a second, quieter payout: in most states, the same approval that starts the...

Cost of Living

Assisted living has climbed to a median $6,200 a month, or $74,400 a year

The median cost of an assisted living community climbed 5% over the past year to $6,200 a month, or $74,400 annually, according to the 2025...

Cost of Living

Nursing home care runs about $315 a day, nearly $115,000 a year

A semi-private nursing home room carried a median price of $315 a day in 2025, or $114,975 for a full year, according to the 2025...

Social Security & Medicare

Original Medicare covers the first 60 days of a hospital stay

Original Medicare’s inpatient hospital deductible for 2026 is $1,736, and Centers for Medicare & Medicaid Services records show that figure buys a beneficiary something unusual...

Social Security & Medicare

Medicare’s Part D late penalty adds 1% for every uncovered month, permanently

Every month a Medicare beneficiary goes without Part D or other creditable prescription drug coverage adds a permanent 1 percent surcharge to the eventual drug...

Social Security & Medicare

Medicare’s yearly cap on drug costs starts over every January

Every enrollee in Medicare’s drug benefit who reaches catastrophic coverage watches the meter reset to zero the instant the calendar turns to January. The reset...

Social Security & Medicare

A House bill called the Medicare Advantage Improvement Act of 2026 would tighten the rules insurers use to deny care

Six lawmakers from both parties, led by Pennsylvania Republican John Joyce, introduced H.R. 8375, the Medicare Advantage Improvement Act, on April 23, 2026, alongside a...

Social Security & Medicare

The Improving Seniors’ Timely Access to Care Act would force Medicare Advantage plans to answer prior-authorization requests electronically

A House committee voted 42 to 0 on July 15 to advance the Improving Seniors’ Timely Access to Care Act, pushing a Medicare Advantage prior-authorization...

Social Security & Medicare

Insulin stays capped at $35 a month under Medicare drug plans in 2027

A one-month supply of each covered insulin product will still cost no more than $35 in 2027, the same figure that has held since the...

Social Security & Medicare

Medicare’s open enrollment runs October 15 to December 7, the only stretch most seniors can change a plan for January

October 15 opens the only 54-day stretch each year when most people with Medicare can rewrite their coverage for the following January, and the 2027...

Social Security & Medicare

Aetna zeroed out broker commissions on 123 Medicare Advantage plans for 2027

Aetna told third-party marketing organizations this month that it will pay no commission to agents and brokers who enroll new members in 123 of its...

Social Security & Medicare

Presbyterian Health Plan is ending most Medicare Advantage plans for 2027

Presbyterian Health Plan is eliminating most of its Medicare Advantage plans for the 2027 plan year, a move that will force roughly 30,000 New Mexico...

Social Security & Medicare

Medicare Advantage plans get a 2.48% payment raise for 2027

The Centers for Medicare & Medicaid Services locked in a 2.48 percent average payment increase for Medicare Advantage plans heading into 2027, a final number...

Social Security & Medicare

Medicare Advantage plans are expected to keep the $0 premium for 2027 while trimming a $75 grocery card to $35

Medicare Advantage insurers are on pace to hold the $0 monthly premium into 2027 even as the supplemental extras that make that premium attractive shrink...

Social Security & Medicare

A Medicare Savings Program can pay a senior’s entire Part B premium, now $202.90 a month

A Medicare Savings Program can erase a beneficiary’s entire Part B premium, but the benefit lives inside state Medicaid rules, not anywhere near a Medicare...

Social Security & Medicare

Medicare’s Part B deductible rose $26 to $283 this year

The annual deductible for Medicare Part B rose $26 to $283 for 2026, and the standard monthly premium climbed $17.90 to $202.90, the Centers for...

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