If you are receiving or are about to start receiving Medicare, you are likely aware of its many benefits. Medicare's aim is to help provide eligible recipients with affordable healthcare, which becomes even more important as we get older. And there are some measures...
Medicare Planning
Medicare costs should be included when doing financial planning
If you are approaching or have reached retirement age, you have a number of financial matters with which to contend. One of the most pressing issues that you will likely face involves both your bank account and your personal health. The fact is, as we age we are...
Finding the right Medicare plan can be challenging
Once you reach the age of 65, you become eligible to receive the benefits offered by Medicare. Medicare allows you to purchase insurance at a lower cost and even if you have preexisting conditions, you still cannot be denied coverage. So all in all, Medicare is a very...
Choosing the right Medicare options requires planning
Once you reach the age of 65, you have the opportunity to take advantage of the benefits provided by Medicare. Millions of Americans depend on these benefits for their critical medical needs. But because there are so many options available, trying to tailor your...
What should I look for when visiting prospective nursing homes?
Even though it is a very common situation that many people face, there is no formula for deciding when it is the right time to place a parent in a nursing home. While you may be able to find guidance from friends or online sources, ultimately, the decision will rest...
Asset protection and Medicaid and Medicare planning
Many individuals that have worked hard their entire lives may be under the assumption that there isn't any way of receiving Medicaid benefits while leaving their savings and assets intact. In fact, many seniors believe that their assets must be completely diminished...
Mistakes are common when confused about Medicare
Most people don't like getting older. But many don't mind turning 65. Not only is retirement usually right around the corner, but making it to 65 marks Medicare age and the end of the health insurance hassle. And while many seniors look forward to Medicare, its...
Understanding Medicare Part D late enrollment penalties
There is no question that the Medicare program and all of its parts can be extremely confusing and difficult to understand. There are open enrollment periods, parts A, B and D to consider and even riders that can be purchased at an additional cost. For a program that...
Medicare’s website may be more user-friendly in 2016
Hundreds of thousands of seniors and newly retired individuals have been anxiously anticipating the changes coming to Medicare for the new year. Despite rumors of sky-high premiums and other concerning issues, not all the changes in Medicare are for the worse. In...
Good news for Medicare recipients in 2016
Earlier this year many seniors were concerned with the projected prices for Medicare part B. Initially, Medicare part B monthly premiums were projected to increase by some 30 percent for new enrollees. However, thanks to a bipartisan budget act signed into law in...
