You often can find a better Medicare Part C (Medicare Advantage) Plan, a Part D Prescription Drug Plan, or a Medicare Supplement (Medigap) Plan if you shop every year. You don’t necessarily need to switch plans, but you can use these tips to ensure your current coverage is still appropriate at the lowest cost. Take […]
A recent proposal by Medicare reinforces the importance of advance directives for all – both young professionals and those in or near retirement. Medicare has proposed to compensate physicians and other health care providers, when asked, to explain and discuss long-term treatment options and advance care planning for chronic diseases. The reimbursement would also cover […]
Medigap or Medicare Supplement policies fill in the holes that Original fee-for-service Medicare does not cover. A Medigap policy helps you pay your co-pays and co-insurance for Medicare Part A (hospital) and Part B (physician) services. It is the secondary payer after Medicare. Maryland and Virginia insurance regulators have consumer guides that can help you […]
Medicare Part B premiums are projected to increase by over $50/month for about 30% of Medicare Part B enrollees who currently do not receive Social Security benefits. Medicare will not finalize this increase until later this fall. As of now Medicare Part B premiums are projected to increase to $159.30/month for new enrollees, enrollees who […]
Are you thinking of leaving your job soon but unsure whether you are retirement ready? Follow these tips and you’ll be on your way to a financially secure retirement. But before the financial tips, the most important part of retirement is how you spend your time now that it is not structured as when you were […]
You are on the verge of age 65 and you are not sure what to do with Medicare? Ask yourself these four questions and you will be better off. Just a quick reminder — Medicare is the federal health insurance program for people who are 65 or older, certain younger people with disabilities, and people […]
