Today

Millions of seniors face Medicare Advantage cuts and higher drug costs this year

Good morning. Medicare is the big story this morning. Reports say some health insurers are dropping Medicare Advantage plans, and nearly 3 million older Americans could be affected. On top of that, most seniors are expected to pay more for their Medicare drug plans. If your plan is changing for 2027, insurers must mail you the details by September 30 — so watch your mailbox closely.

There is also news for people in assisted living and nursing homes. One report says a state health insurer is cutting Medicaid benefits for assisted living, which could push more people into nursing homes. Meanwhile, officials are again looking at advance care planning as a mark of nursing home quality.

In Washington, the debate over Medicare's future continues. One report says the president suggested states could help pay for Medicare, a move critics warn could weaken the program. As always, these are reports — check with your own plan before making any decisions.