NewRetirement Retirement News Digest : Politics and Legislation
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NewRetirement Retirement News Digest

Browse the news below to learn about important developments shaping retirement.

Politics and Legislation (RSS)

Medicare Maze
The Wall Street Journal, November14th, 2009When Doug Foth, a retired accountant in Grandview, Wash., got ready to sign up for Medicare last summer, he recruited his daughter, a human- resources manager, to help him."We went through the Medicare Web Read More
AARP endorses plan for health care reform
Nevada Appeal, November 8th, 2009After a lifetime of hard work, no older American deserves to spend their later years struggling with medical bills, foregoing or cutting prescription drugs to make them last or avoiding preventative or basic care because Read More
Now Is the Time to Weigh Medicare Options
The New York Times, October 31st, 2009MEDICARE recipients, it’s your turn.For the last few weeks, my Patient Money colleague Lesley Alderman and I have been giving advice on how to navigate the open enrollment season for employee health benefits. But Read More
Lawmakers Target Medicare and Medicaid Fraud
The Wall Street Journal, October 28th, 2009The federal government needs to further step up efforts to fight Medicare and Medicaid fraud to generate more savings to help pay for a health-care overhaul, lawmakers said Wednesday. "The scale of health Read More
Medicare Fraud: A $60 Billion Crime
CBS News, October 25th, 2009Of all the problems facing the United States right now, none are more important than health care. President Obama says rising costs are driving huge federal budget deficits that imperil our future, and that there is enough Read More
Medicare Basic 2010 Premiums Sport Asterisks
US News & World Report, October 23rd, 2009The official 2010 Medicare premiums and deductibles for Part A (hospital services) and Part B (doctor and non-hospital expenses) have been released by the Centers for Medicare & Medicaid Services (CMS). Read More
Basic Medicare Premium to Rise 15% Next Year
The New York Times,  October 19th, 2009The basic Medicare premium will shoot up next year by 15 percent, to $110.50 a month, federal officials said Monday.The increase means that monthly premiums would top $100 for the first time, a stark indication Read More
California Laws Get Tough on Mortgage Finance
Housing Wire, October 14th, 2009California Governor Arnold Schwarzenegger signed seven mortgage finance-related bills into state law Monday. The new laws aim to crack down on fraud, set requirements for loan documents and set restrictions on mortgage Read More
Medicare Advantage at a disadvantage in health debate
Market Watch, October 8th, 2009Senate Finance Committee Chairman Max Baucus promises that the huge health-care reform bill his committee will vote on next week will protect Medicare benefits for seniors. But not everyone agrees, and a fight is brewing Read More
Insurers Drop Some Medicare Plans As Rules Tighten
The Wall Street Journal, October 1st, 2009More than 660,000 seniors next year will lose the private Medicare plans they now have because some insurers are dropping coverage in response to tougher federal requirements. Most of those beneficiaries are Read More
Government's reverse-mortgage option for seniors is scaled back
Chicago Daily Herald, October 2nd, 2009Declining home values have put a serious squeeze on one of the mortgage market's most popular and fastest-growing financing concepts: the Federal Housing Administration's reverse mortgage program for seniors 62 Read More
Rate of Enrollment in Medicaid Rose Rapidly, Report Says
The New York Times, September 30th, 2009The recession is driving up enrollment in Medicaid at higher than expected rates, threatening gargantuan state budget gaps even as Congress and the White House seek to expand the government health insurance program Read More
Is this subprime redux?
Las Vegas Sun, September 10th, 2009Many Wall Street investment banks are on the verge of taking the plunge into another scheme that involves bundling and reselling what are thought to be sure-thing assets, just as bundled subprime mortgages were thought Read More
Automatic Cuts Could Help Push Past a Health Hurdle
The New York Times, September 10th, 2009 President Obama’s new call to impose automatic spending cuts if the health care overhaul adds “one dime” to federal budget deficits could help push his top domestic priority over one of the biggest hurdles in its Read More
Bristling at Health Plan to Cover Early Retirees
The New York Times, September 9th, 2009Within the battle over President Obama’s health care overhaul, critics of organized labor have latched onto a little-noticed provision in the legislation already circulating in Congress. The provision would cost Read More
 
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