MEDICARE IMPLEMENTS $2,000 PRESCRIPTION COST CAP
By: Adam Cohen, Esquire As of January 1, 2025, Medicare has implemented a significant change to its Part D prescription drug program by capping annual out-of-pocket expenses at $2,000. This initiative, part of the Inflation Reduction Act of 2022, aims to alleviate the financial burden of medication costs for millions of Medicare beneficiaries. Previously, Medicare…
2025 COLA INCREASES FOR MEDICAID, SOCIAL SECURITY, MEDICARE, TAX AND VETERANS BENEFITS
by Thomas D. Begley, Jr., Esquire, CELA Many public benefits and tax numbers are indexed to inflation. Different agencies use different inflation factors, but Social Security used 2.5% for increasing the numbers for 2025. Below is a chart that states numbers for the following: Medicaid, Social Security, Medicare, Tax, Veterans Aid and Attendance and…
New Study Reveals Medical Dangers of Isolation
[Originally published in the NAELA eBulletin] Those who are socially isolated are over 40% more likely to have a cardiovascular event, such as a heart attack or stroke, than those who were socially integrated, new research has shown. The German study, presented May 23, 2020 at the European Academy of Neurology (EAN) Virtual Congress, found…