How Much the Typical Retiree Takes Home After Taxes and Medicare in 2026
When thinking about retirement income, it’s important to understand how yours compares to the average. So, what’s the average retirement income? Here’s a rough overview. Input and Output To answer this, some context is needed. First, the average retirement income includes Social Security, pensions, and savings. Secondly, the average can be misleading due to a […]
Widespread Medicare Fraud and Kickbacks at 340B Hospitals
White House Task Force Tackles Health Care Fraud Earlier this year, Vice President J.D. Vance and Federal Trade Commission Chairman Andrew Ferguson announced the formation of the White House Task Force on Fraud, pledging to protect taxpayer money from fraudsters. Their work is off to a solid start, having already frozen billions in questionable payments […]
A 75-Year-Old With $3 Million in a 401(k) Realizes Three Years of Required Minimum Distributions Will Result in $42,000 in Medicare Surcharges
quick read A $3 million 401(k) at the age of 75 would mean an RMD of $122,000, pushing the Modified Adjusted Gross Income (MAGI) to $200,000 and resulting in a $564 monthly Medicare surcharge. Consider a Roth conversion before RMDs kick in and roll those funds into an IRA to enable $111,000 in qualified charitable […]
Doctor Violetta Mailyan found guilty of $45 million Medicare fraud plan
California Doctor Found Guilty of Medicare Fraud A doctor from California has been convicted for submitting over $45 million in false Medicare claims tied to Botox injections. This scheme reportedly funded an extravagant lifestyle, which included luxury vacations and even the purchase of a $12,000 17th-century crossbow. Violetta Meirian, 45, from Glendale, was found guilty […]
Doctor found guilty of charging Medicare more for Botox than any other provider in the US
Minnesota Fraud Mastermind to Be Sentenced in $250 Million Scheme In a recent discussion on the “Outnumbered” panel, Emily Compagno and her colleagues talked about the Minnesota coronavirus fraud case, where Amy Bock is due for sentencing in a $250 million fraud scheme. This situation has raised concerns regarding the lack of awareness or cooperation […]
Hospital costs have increased significantly more for private insurance compared to Medicare since 2019.
Rising Health Care Costs: A Growing Concern Health care costs are increasingly on the minds of many. It appears that lawmakers are keen to find ways to make healthcare more affordable, especially regarding hospitals. Hospital spending is significant—it encompasses both the prices charged for services and the level of care provided. These two factors are […]
Man Found Guilty in $1B Medicare Fraud Scheme Against Seniors
Healthcare Executive Sentenced in Massive Medicare Fraud A man from Johnson County, Kansas, who operated a healthcare software company, has been sentenced in connection with a significant Medicare fraud case involving around $1 billion. Brett Blackman, the owner of Health Splash, was convicted by a federal jury in Florida for participating in a scheme that […]
Healthcare Software Company Owner Found Guilty of $1,000,000,000 Medicare Fraud Scheme
Health Splash Founder Convicted in $1 Billion Medicare Fraud Scheme A federal jury in the Southern District of Florida found Brett Blackman, the founder and owner of Health Splash, guilty of conspiracy related to defrauding Medicare, amounting to over $1 billion. Blackman, along with his accomplices, allegedly targeted vast numbers of Medicare beneficiaries, convincing them […]
Vance’s Anti-Fraud Taskforce Takes Significant Action Against Medicare Fraud
Trump Administration Suspends Enrollment of New Home Health Providers in Medicare The Trump administration has decided to pause the enrollment of new home health and hospice providers into Medicare, as reported by Reuters on Wednesday. This action is part of a broader initiative led by Vice President J.D. Vance’s Anti-Fraud Task Force, which aims to […]
Vance warns of reducing Medicare and Medicaid funding for states that overlook fraud.
Vance Warns States on Medicaid Fraud Enforcement On Wednesday, Vice President J.D. Vance expressed concerns that states risking losing federal funding could occur if they do not actively pursue Medicaid fraud. His statement adds pressure on governors and state Medicaid officials to take action. Vance mentioned that states would receive a letter outlining the need […]