Senior Health

How Fair is your Cola?

How's your new Cost-Of-Living Adjustment (COLA) for 2008? My neighbor Irene says she can't understand why the government calls it a cost-of-living adjustment when it doesn't remotely cover the increase in her cost-of-living.

As usual, Irene hit the nail on the head. That's because the COLA doesn't cover seniors cost of living. It's based on the increase in costs experienced by younger working people instead. How fair is that?

Medicare Scams

    About 44 million Americans are Medicare beneficiaries. About 80% are now receiving health care services through the traditional Medicare program according to the Alliance for Retired Persons. The rest of Americans, about one in five (8.7 million) receive care through Medicare Advantage (MA) plans.

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