Dave Ramsey emphasizes that the Medicare Annual Enrollment Period (AEP) is for current beneficiaries to modify their coverage, not for first-time enrollees, who should sign up at age 65. He explains the differences between Original Medicare and Medicare Advantage, and highlights upcoming changes in 2026, including a cap on out-of-pocket drug costs at $2,100.
The Energy Department finalized a $1.6 billion loan guarantee for American Electric Power to upgrade and rebuild 5,000 miles of transmission lines across five states, aiming to modernize the grid, expand capacity, and support economic growth, with the project benefiting from recent policy changes and emphasizing the role of government in strategic energy infrastructure.
The article discusses the upcoming Medicare Annual Enrollment Period and highlights important advice from Dave Ramsey, emphasizing that it's not the time for first-time sign-ups but for evaluating existing coverage. It explains the different Medicare parts and upcoming changes in 2026, including reduced drug prices, easier plan switching, increased Part D costs, and new pilot programs, along with restrictions on certain nonmedical benefits in Medicare Advantage plans.
Central Ohio is set to experience another round of winter weather with freezing rain leading to ice accumulation on roads and surfaces by Tuesday morning. The freezing drizzle will start around midnight in the northwestern part of the area, intensifying into freezing rain by 5 a.m. and becoming more widespread. Heaviest freezing rain rates are expected between 7-9 a.m., transitioning into a wintry mix and then regular rain as temperatures rise. While some ice totals may reach 0.10 to 0.25 inches, widespread power outages are not anticipated, according to AEP. The company is preparing crews for potential outages caused by factors such as cars hitting power poles.
American Electric Power (AEP) customers in Ohio may see significant changes in their electricity bills this month due to rate changes. The changes are a result of a settlement agreement between AEP Ohio and several parties, including the Ohio Consumers' Counsel. The new rates will affect both residential and commercial customers, with some seeing increases and others seeing decreases in their bills.
Strong winds have caused power outages affecting more than 77,000 customers in Ohio, with AEP reporting 1,316 outages affecting 68,483 customers, including 15,223 in Franklin County. Other affected counties include Delaware, Knox, Licking, Perry, Fairfield, Hocking, Ross, Madison, Marion, and Hardin. South Central Power is also reporting 9,234 customers without power in several counties.