The Centers for Medicare & Medicaid Services (CMS) continues to implement provisions of the Inflation Reduction Act (IRA) to make prescription drugs more affordable. Here are the significant changes to Medicare Part D for 2025 that you need to know about. Overview of 2025 Part D Redesign On April 1, 2024, CMS released the final … Read more
Ratings reflect high-quality care and service Every year, CMS publishes Medicare Advantage (Part C) and Medicare prescription drug plan (Part D) ratings. Consumers can use the ratings to compare the quality of Medicare plans. To develop the ratings, CMS considers many areas of care and service. For example, CMS looks at how well health plans … Read more
What Are Medicare Wages? Medicare wages are the earnings which are topic to Medicare tax. These wages embrace all compensation for employment, resembling salaries, bonuses, commissions, and ideas. The Medicare tax is a part of the Federal Insurance coverage Contributions Act (FICA) tax, which funds the Medicare program offering medical health insurance to people aged … Read more
