On October 15, 9 of us gathered to talk about Medicare. Since it is open enrollment, some women are reviewing their current advantage or drug plans. Most of the Advantage Plan issues in recent news have involved either Humana or United Healthcare. Pay special attention if you have one of these plans. We also talked about the future of Medicare and Social Security. Cyndy was surprised to learn that the payroll Medicare deduction only goes to fund Part A (hospitalization) which can fully meet its obligations until 2036. Part B, the non-hospitalization portion of Medicare Advantage, and Part D are mostly funded by the general fund (over 70%); this means the federal deficit and debt issues are relevant to these offerings. Social Security is funded only through payroll tax and cannot receive any funding from the general fund.

Cyndy created a document that we used for our discussion. It includes references.
https://docs.google.com/document/d/1oejpaUkFpHzE7E_Wpxarr9uPIgVe4B2U/edit?usp=sharing&ouid=101183957894991947152&rtpof=true&sd=true

On Tuesday, November 19, 6:00-7:30, we will talk about Year End actions. 

On Tuesday, December 17, we will have a discussion about the timely topic of gifts.

All are welcome to join us on zoom. Join the group or contact Cyndy using the info above.