Health insurance coverage is notoriously complicated to navigate, but an expanded Medicare telehealth benefit passed by Congress during COVID simplified the process. As this popular benefit is set to expire, Congress is looking to act quickly. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You'll get all the latest news first by subscribing, but we will publish many (but not all) of the forecasts a few days afterward online. Here’s the latest...
Congress is likely to expand Medicare coverage for telehealth services. A Senate measure would make COVID-era telehealth flexibility permanent, removing all geographic restrictions on such services and expanding originating sites to include a patient’s home and certain clinical sites, among other provisions. The Creating Opportunities Now for Necessary and Effective Care Technologies for Health Act (or the CONNECT for Health Act) has a whopping 59 cosponsors: 30 Republicans, 26 Democrats and three independents (who caucus with Dems).
Telehealth use surged during the pandemic when many legal restrictions were waived by the Centers for Medicare & Medicaid Services. Older adults and folks from underserved communities benefited the most from expanded access. But temporary pandemic-era telehealth flexibility is set to expire at the end of 2024. Telehealth advocates have been pushing hard for Congress to act.
From just $107.88 $24.99 for Kiplinger Personal Finance
Be a smarter, better informed investor.
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
This forecast first appeared in The Kiplinger Letter, which has been running since 1923 and is a collection of concise weekly forecasts on business and economic trends, as well as what to expect from Washington, to help you understand what’s coming up to make the most of your investments and your money. Subscribe to The Kiplinger Letter.
Related Content
- 11 Costly Medicare Mistakes You Should Avoid Making
- What You Must Know About the Different Parts of Medicare
- Medicare Now Covers Telehealth, Thanks to This Pandemic
- What Retirees Must Know About Telehealth
- Medicare Checklist: Avoid Costly Enrollment Mistakes
- Is a Medicare Advantage Plan Right for You?
- 5 Telehealth Stocks for Long-Term Financial Fitness
- Health Care Cost Basics: What They Are and Ways to Save
-
Small Businesses Are Racing to Use AIThe Kiplinger Letter Spurred on by competitive pressures, small businesses are racing to adopt AI. A recent snapshot shows the technology’s day-to-day uses.
-
The Me-First Rule of Retirement SpendingFollow the 'Me-First" rule and you won't have to worry about running out of money when the stock market goes south.
-
Trump's Economic InterventionThe Kiplinger Letter What to Make of Washington's Increasingly Hands-On Approach to Big Business
-
What is AI Worth to the Economy?The Letter Spending on AI is already boosting GDP, but will the massive outlays being poured into the technology deliver faster economic growth in the long run?
-
More Shutdown Struggles Ahead for Divided CongressThe Kiplinger Letter Failure to pass a government funding bill by September 30 would trigger a shutdown of many federal services.
-
Trump-Era Regulations Will Broaden Access to CryptoThe Kiplinger Letter The president wants to make the U.S. the leader in digital assets.
-
Big Changes Are Ahead for Higher EdThe Kiplinger Letter A major reform of higher ed is underway. Colleges are bracing for abrupt change, financial headwinds and uncertainty.
-
Breaking China's Stranglehold on Rare Earth ElementsThe Letter China is using its near-monopoly on critical minerals to win trade concessions. Can the U.S. find alternate supplies?
-
What New Tariffs Mean for Car ShoppersThe Kiplinger Letter Car deals are growing scarcer. Meanwhile, tax credits for EVs are on the way out, but tax breaks for car loans are coming.
-
AI’s Rapid Rise Sparks New Cyber ThreatsThe Kiplinger Letter Cybersecurity professionals are racing to ward off AI threats while also using AI tools to shore up defenses.
