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In March 2020, Washington gave telehealth a shot in the arm by bending long-standing Medicare reimbursement rules for physicians and other health care professionals who use technology to remotely examine and treat Medicare patients at home.
The Trump administration now allows Medicare to reimburse doctors for telehealth at the same rate as office visits. The idea is to motivate doctors to use telehealth to care for patients and not invite them into medical offices and hospitals that may be brimming with those suffering from the highly contagious coronavirus.
Telehealth was already an option allowed by many private Medicare Advantage plans, which are alternatives to traditional Medicare. The five biggest insurers selling Medicare Advantage plans, which serve about one-third of Medicare’s more than 60 million beneficiaries, have offered telehealth for several years.
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Traditional Medicare, on the other hand, set strict limits for where and when telehealth would be covered. Until 2019, Medicare paid for telehealth services only if they included both audio and video interactions between patient and provider. Even then, the coverage was often limited to rural areas, and the patient had to already be in a Medicare-approved facility, not at home.
After Congress eased some of the restrictions, patients can now be at home to consult with doctors and other medical specialists using telehealth.
However, Medicare beneficiaries aren't afforded any price breaks for virtual visits, for which they currently pay 20% of the doctor’s fee on top of a deductible. “For most telehealth services,” the agency said on its web page for fees, “you’ll pay the same amount that you would if you got the services in person.”
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Stocks Sink With Alphabet, Bitcoin: Stock Market TodayA dismal round of jobs data did little to lift sentiment on Thursday.
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Betting on Super Bowl 2026? New IRS Tax Changes Could Cost YouTaxable Income When Super Bowl LX hype fades, some fans may be surprised to learn that sports betting tax rules have shifted.
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9 Types of Insurance You Probably Don't NeedFinancial Planning If you're paying for these types of insurance, you may be wasting your money. Here's what you need to know.
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Amazon Resale: Where Amazon Prime Returns Become Your Online BargainsFeature Amazon Resale products may have some imperfections, but that often leads to wildly discounted prices.
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457 Plan Contribution Limits for 2026Retirement plans There are higher 457 plan contribution limits in 2026. That's good news for state and local government employees.
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Medicare Basics: 12 Things You Need to KnowMedicare There's Medicare Part A, Part B, Part D, Medigap plans, Medicare Advantage plans and so on. We sort out the confusion about signing up for Medicare — and much more.
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The Seven Worst Assets to Leave Your Kids or Grandkidsinheritance Leaving these assets to your loved ones may be more trouble than it’s worth. Here's how to avoid adding to their grief after you're gone.
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SEP IRA Contribution Limits for 2026SEP IRA A good option for small business owners, SEP IRAs allow individual annual contributions of as much as $70,000 in 2025, and up to $72,000 in 2026.
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Roth IRA Contribution Limits for 2026Roth IRAs Roth IRAs allow you to save for retirement with after-tax dollars while you're working, and then withdraw those contributions and earnings tax-free when you retire. Here's a look at 2026 limits and income-based phaseouts.
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SIMPLE IRA Contribution Limits for 2026simple IRA For 2026, the SIMPLE IRA contribution limit rises to $17,000, with a $4,000 catch-up for those 50 and over, totaling $21,000.
