Medicare Part D users may save $1,000 a year with out-of-pocket caps

Medicare Part D users may save ,000 a year with out-of-pocket caps

Morsa Images | Digitalvision | Getty Images Retirees who are worried about the high costs of prescription drugs are set to get new relief starting in 2025. Starting in January, Medicare drug plan enrollees will have their annual out-of-pocket drug costs capped at $2,000. Between 2025 and 2029, on average, about 1.4 million participants in … Read more

Medical debt shows up on credit reports less

Medical debt shows up on credit reports less

The share of people with medical debt in collections that shows up in their credit reports has fallen in the past decade. Yet unpaid balances due to health-care costs continue to burden individuals and families. In 2013, 19.5% of Americans had medical debt in collections, while 10 years later, in 2023, that share fell to … Read more

Weight loss stocks should grab big gains, Tema ETFs’ CEO suggests

Weight loss stocks should grab big gains, Tema ETFs’ CEO suggests

Tema ETFs has been capitalizing on the risk appetite for weight loss stocks. It is behind the GLP-1, Obesity & Cardiometabolic ETF (HRTS), which is up 26% since its inception last November. The firm’s founder and CEO Maurits Pot thinks the winning weight loss trade isn’t based on just hype. “The companies we track and … Read more

Biden, Trump spar over Social Security, Medicare in presidential debate

Biden, Trump spar over Social Security, Medicare in presidential debate

Republican presidential candidate former U.S. President Donald Trump and Democratic Party presidential candidate U.S. President Joe Biden speak during a presidential debate in Atlanta, Georgia, U.S., June 27, 2024 in a combination photo. Brian Snyder | Reuters The future of Social Security and Medicare may be greatly impacted by whoever occupies the White House following … Read more