With the start of the Medicare Open Enrollment Period, people all over the country are getting their advice from two noted Medicare experts, Joe Namath—the famed Jets quarterback who also sold pantyhose and Noxzema—and J.J. Walker—you remember him from the sitcom “Good Times” and his catchphrase, “Dyn-O-Mite!” Additionally, a barrage of infomercials from actors pretending […]
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What’s Not Covered by Medicare?
Medicare provides health insurance for retirees, but it doesn’t cover everything. In fact, there’s a lot that Medicare does not cover, and many of these are health care costs that can consume a nest egg. Here are the top five healthcare costs that should be part of your retirement preparations: Medicare and Long Term Care […]
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Medicare Awareness: An Annual Wellness Exam is Covered; An Annual Physical Examination is Not
People who went for annual physicals throughout their adult lives are surprised to learn that Medicare does not cover an annual physical. It seems counterintuitive–wouldn’t you want to have more care, not less, so you can age well? But Medicare rules are different. Many people learn about this the first time they go for an […]
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Does Medicare Advantage Make Your Medical Coverage Better or Worse?
Some of the smartest people we know find enrolling in Medicare confusing and overwhelming. Despite the warm and fuzzy commercials from insurance companies, Medicare Advantage plans are tricky to figure out. And sometimes, Medicare Advantage can be more expensive than traditional Medicare. You want to go into the Medicare enrollment process with information to prevent […]
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Medicare Open Enrollment Season and Our Free Medicare Consultations
Open enrollment for Medicare Advantage plans and Part D prescription coverage begins on October 15 and ends on December 7, 2020. When it’s over, whatever decisions you may have made will be set in stone for a full calendar year. Mistakes are costly, especially for people who require multiple prescriptions. Also, if you do not […]
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Power of Attorney is Not Enough for Medicare
A power of attorney is usually enough to take charge of a loved one’s financial and medical matters when they become incapacitated. But with Medicare, you need more than a POA. Many people learn this the hard way. It is a problem that can be easily solved and will save you and your loved ones […]
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Today is the 55th Anniversary of Medicaid and Medicare
On July 30, 1965, President Lyndon B. Johnson signed into law legislation that established the Medicare and Medicaid programs. For 55 years, these two programs have protected the health and well-being of millions of American families, saving lives, and improving the economic security of our nation. It was controversial at the time, but it wasn’t a new […]
Continue reading…Medicare Continues to Confuse and Confound
With the start of the Medicare enrollment season here, more seniors are finding themselves baffled by an array of choices. How can you avoid making a mistake that may haunt you for the rest of your life? The launch of the new Medicare Plan Finder will be the only way to discover information about the […]
Continue reading…Even Fools Know Medicare Can Be a Problem
Pre-retirement, many folks think they have only to enroll in Medicare and all will be well – including their health care budget. It would be great if it was that simple. It’s not. And not understanding how Medicare works and which plan to pick can make medical expenses a bigger part of a retirement budget […]
Continue reading…Answers to Basic Medicare Questions
It’s true – once you reach 65, there’s a whole new world of healthcare to understand. It can be a little overwhelming, but there’s no lack of information and resources to help you navigate Medicare. Here are basics to get you started. If you signed up for Social Security before age 65, you’ll automatically be […]
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