What is COBRA?

The federal Consolidated Omnibus Budget Reconciliation Act (COBRA) allows most customers to continue with their existing Employer Sponsored Coverage (ESC) for a limited period of time, typically at a higher cost than when they were employed, as employers aren’t required to pay any portion of the premiums and can charge an additional 2% for administrative costs. Customers have 60 days from their last day of health coverage or when they received the election notice to enroll in COBRA continuation coverage…

The good news is that for most people, you’ve already paid for it. Most Medicare taxes are paid for while you work, generally over a 10-year period. This is called Premium-Free Part A. However, some people may not qualify for Premium-Free Part A. In this case, please don’t fret, as Part A can sometimes be bought…

This year,2025, was the first year that the Medicare Prescription Payment Plan (MPPP) enabled those with Medicare prescription drug coverage to spread the costs of their prescription drugs over the calendar year rather than paying in full at the pharmacy counter each time they fill a prescription. Keeping this arrangement just got easier…

CVS Health reported a 60% increase in profits for Q1 2025, attributing the growth to improved Medicare Advantage plan ratings and benefits. Consequently, the company raised its full-year earnings forecast…