Donald Trump has rescinded an executive order from President Joe Biden that sought to lower the price of drugs.

Seniors pay about the same or slightly less out-of-pocket for services under Medicare Advantage compared to traditional Medicare, researchers found. For example, Medicare Advantage beneficiaries paid nearly $206 for eyeglasses, about 9% less than the $226 paid under traditional Medicare.

Original Medicare's cost and coverage change annually. This affects how much you pay and the type of supplementary insurance you may want.

The General Enrollment Period provides an opportunity to make up for a past oversight – the failure to enroll in Part B.

California has various Medicare options, including Original Medicare, Medicare Advantage, and Medigap. Learn more here.

The Biden administration said Medicare will negotiate discounts with drug companies on 15 drugs prescribed to treat cancer, diabetes and asthma.

Ozempic and Wegovy, the blockbuster but costly GLP-1 drugs often used for weight loss, are among the 15 medications that will be subject to the next round of Medicare price negotiations, the Biden administration announced Friday.

On a related note, the cost of skilled nursing care under Medicare Part A is also higher this year. For days 21 through 100 at a skilled nursing facility, your daily coinsurance c

The Biden administration announced Friday that Ozempic, Wegovy and 13 additional drugs will now be covered under Medicare Part-D for price negotiations, the next round of negotiations under the Inflation Reduction Act passed by President Joe Biden in 2022.

The median wait time between referral and appointment was 34 days, and 18 percent of patients waited more than 90 days, the study found.

President Trump rescinded a Biden-era Executive Order that would have lowered the copays for some drugs to $2 for Medicare enrollees.