New CMS rule forces Medicare ACOs to take on risk sooner

From Modern Healthcare —  The CMS recently finalized a rule that overhauls the Medicare Shared Savings Program, requiring accountable care organizations to take on risk sooner or be booted out of the program.  Under the redesigned program, which will take effect July...
These retirees can’t count on Social Security payments

These retirees can’t count on Social Security payments

From CNBC —  Receiving a monthly Social Security benefit is something plenty of retirees count on. Unless they can’t. By the Social Security Administration’s estimates, 48 percent of married couples and 69 percent of unmarried individuals get half or more of their...

The Social Security Retirement Age Increases to 66.5 in 2019

From US News & World Report —  While you can start Social Security payments at age 62, your monthly checks are reduced if you begin collecting benefits at this age. To claim your full benefit you need to sign up for Social Security at your full retirement...

Aging in your own home — impossible in Maryland?

From The Baltimore Sun —  Everyone wants to age in place — their own place. As age and infirmity take their toll, more people want to face those challenges in their own homes with help. Before 1999, Marylanders who need as little help as someone to assist in...

7 surprising things Medicare doesn’t cover

From Investment News —  Medicare pays for the bulk of medical expenses for individuals once they turn 65, but surprising gaps in coverage can wreak havoc with a retiree’s budget. Here are seven types of medical expenses that many retirees face but that traditional...