As 2023 gets underway, Medicare beneficiaries will have the opportunity to take advantage of new benefits under the Inflation Reduction Act (IRA). Passed in August of 2022, this landmark legislation makes significant changes to the Medicare program – lowering prescription drug costs, expanding benefits and making insulin more affordable. While many of the benefits of the IRA will roll out over the next several years, some went into effect on January 1, 2023.

In August 2022, the FDA delivered a historical ruling expanding the options for seniors who need hearing aids. There are now two classifications of these devices: over-the-counter (OTC) and prescription. A few key differences may impact which type of hearing aid you choose, including costs and Medicare coverage. Here's some important information that can empower you as you navigate the buying process!

During this year's open enrollment period, Aspire's team noticed an increase in Medicare scam attempts. For example, we received an email from a Monterey County resident who was recently contacted by someone who claimed that they were issuing the resident a new Medicare card since theirs had been deactivated. Luckily, this person knew what to look out for. Your card will never be arbitrarily deactivated, and no Medicare representatives should call you unless you call them first.