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Economy

Affordability: Top Health Care Worry for Senior Americans | News

TL/DR - The cost of healthcare services and therapies is a major concern for older adults, according to a poll by the University of Michigan's National Poll on Healthy Aging, with over half of the 3,300 respondents expressing concern about the cost of medical care, long-term care, and prescription drugs. Financial pressures are exacerbated by…

Biden, Trump Debate Economic Policies, Prioritize Inflation Reduction

TL/DR - In the first presidential debate, Joe Biden and Donald Trump clashed over their respective economic policies, with a particular focus on inflation reduction. Each candidate presented their plan and strategies to handle the U.S economy amidst the ongoing pandemic. The critical issues in their economic policies revolve around taxation, job…

Mark Allen: Preserve Medicare as a Lifeline

TL/DR - The Inflation Reduction Act has reportedly led to a significant increase in Medicare Part D prescription drug coverage premiums, fewer plan choices, and more restrictive medication access. Survey data indicates that premiums for Medicare Part D plans have increased by an average of 21% this year and are projected to rise by almost 50% by…