skinny.

Latest / Investopedia Markets News (all except PF)

Upcoming Medicare Changes Could Raise Costs for Seniors Already Dissatisfied With Their Coverage

Premiums are set to rise for the Medicare prescription drug coverage program.Credit: Catherine Delahaye / Getty ImagesKEY TAKEAWAYSMany Medicare beneficiaries are dissatisfied with their coverage, often citing high costs and limited benefits.A federal subsidy that cut stand-alone drug-plan premiums by an average of $16 a month expires this year, and enrollees will pay the difference in 2027.Retirees already unhappy with Medicare costs need to prepare to pay more next year.In a June survey by eHealth, an online health insurance marketplace, 42% of Medicare beneficiaries named at least one…

The skinny

The skinny isn't ready yet — notes appear once the transcript is processed.