America’s largest health insurance companies cancel nearly 1M Medicare Advantage plans — here’s what that means for recipients

America’s largest health insurance companies cancel nearly 1M Medicare Advantage plans — here’s what that means for recipients

Health insurance giants are cutting back on benefits to maximize their profit.  UnitedHealthcare and Humana — the two largest private health insurance companies for older adults in the US — are canceling several Medicare Advantage plans, affecting nearly 1 million people. The two major health insurers are ending specific plans in areas where they make … Read more

Social Security recipients to get cost of living boost — here’s how much more you’ll receive each month

Social Security recipients to get cost of living boost — here’s how much more you’ll receive each month

WASHINGTON (AP) — The Social Security Administration projected Wednesday that the annual cost-of-living adjustment for older adults and people with disabilities will go up by 3.6% beginning in 2027, with some recipients complaining that is not enough to offset soaring prices. The adjustment translates to $75 extra per month for the 73 million people who … Read more

Social Security nears ‘cliffs edge’ — putting recipients at risk of losing $500 a month

Millions of Americans are at risk of losing big bucks. Social Security — the federal program providing monthly payments to eligible Americans — is in jeopardy of running out of cash by 2023. Over 71 million people rely on these benefits as the payments replace income when folks retire, become disabled or lose a spouse. … Read more

SSI recipients will see their first August payment early — here’s when to expect your check

SSI recipients will see their first August payment early — here’s when to expect your check

Check please! Check your mailboxes because Supplemental Security Income (SSI) payments are heading to homes early due to a bit of a calendar quirk. The Social Security Administration (SSA) will issue August checks on July 31, instead of the first of the new month. The early payment is typical, as the SSA will not send … Read more

Social Security starts paying out July 2 — here’s when recipients will get their checks

Social Security starts paying out July 2 — here’s when recipients will get their checks

According to the SSA, your check is on its way. The Social Security Administration has set July payment dates for the millions of Americans enrolled in its benefits program.   For recipients, the date of SSA’s recurring monthly payments varies by benefit type, date of birth, and enrollment date. Beneficiaries who started receiving benefits before … Read more

How Social Security recipients could score a nearly 4% cost-of-living boost 

How Social Security recipients could score a nearly 4% cost-of-living boost 

Here’s an upshot to inflation. Social security recipients could soon be seeing an increase in benefits amid the rising costs of living. Seniors and others who receive Social Security benefits could receive a 2027 cost-of-living adjustment (COLA) of 3.9%, according to a new estimate from the Senior Citizens League, an advocacy group for older American … Read more

Top food delivery apps providing discounts to SNAP recipients as government shutdown continues

Top food delivery apps providing discounts to SNAP recipients as government shutdown continues

Instacart said Friday it will offer customers who receive SNAP benefits 50% on their next grocery order to ease strain as the government prepares to cut off food aid payments. Instacart said any customer who placed an order in October using a SNAP/EBT card will be eligible for the discount, which will be available even … Read more