Business and FinanceBusiness and Finance
Thu, March 13, 2025
[ Today @ 07:21 AM ] - Kiplinger
Is 2025 a Bad Year To Retire?
[ Today @ 04:24 AM ] - Insider
The age of streaming inequality

What Trump's Presidency Means For Medicare (And What You Can Do About It)


Published on 2025-03-13 08:20:51 - Forbes
  Print publication without navigation

  • Medicare is always a hot topic, and every time there's a shift in the White House, people start speculating about how it will impact the healthcare landscape. When you bring up "Trump" and "Medicare" in the same sentence,

The article from Forbes Finance Council discusses the potential impacts of Donald Trump's presidency on Medicare, focusing on policy changes and what individuals can do to prepare. Trump's administration has proposed changes like converting Medicare into a premium support model, where beneficiaries receive a fixed amount to purchase private health insurance, potentially leading to higher out-of-pocket costs for seniors. There are also concerns about cuts to Medicare funding, which could affect the quality and availability of healthcare services. The article suggests several strategies for individuals to mitigate these risks: understanding the proposed changes, exploring supplemental insurance options like Medigap, considering long-term care insurance, saving more for healthcare expenses, and staying informed about policy developments. It emphasizes the importance of proactive financial planning and staying engaged with healthcare policy to navigate the potential shifts in Medicare under Trump's policies.

Read the Full Forbes Article at:
[ https://www.forbes.com/councils/forbesfinancecouncil/2025/03/13/what-trumps-presidency-means-for-medicare-and-what-you-can-do-about-it/ ]