Medicare Update
Expect changes in Medicare this year. Look for higher drug prices, higher co-pays, and even doctors and hospitals being dropped from Medicare Advantage plans
This is a hectic time of the year for Medicare recipients. The ads and the telemarketing phone calls begin, kicking off Medicare Open Enrollment, which offers the 69 million Medicare beneficiaries the opportunity to review their coverages and make changes.
Rodney Brooks
An award-winning journalist, writer and author and my specialty is retirement planning and other personal finance issues. I have written for many national publications, including USA TODAY, The Washington Post, U.S. News & World Report, AARP and National Geographic. I am available to speak on personal finance, financial literacy and the racial wealth gap.
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The author tells the history of the Freedman’s Savings Bank, how it grew much too quickly, why it failed and the impact on Black America. The Freedman’s Bank offered a safe depository for formerly enslaved people, expanded quickly and gained millions in deposits – mostly ranging from $5 to $50. But inexperience and corruption doomed it to failure, costing may of the small depositors their savings.
