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Five Biggest Medicare Mistakes from Broker-Agents in Vista, California
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Five Biggest Medicare Mistakes from Broker-Agents in Escondido, California
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Five Biggest Medicare Mistakes from Broker-Agents in Oceanside, California
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Five Biggest Medicare Mistakes from Broker-Agents in San Marcos, California
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Skyrocketing Drug Costs – Why Drug Costs Are So Difficult To Bring Down!
Why are Drug Costs Are So Difficult To Bring Down ? AARP launched its “Stop Rx Greed ” campaign to lower drug prices. The message is that Americans are spending an excessive amount on prescription drugs, the cost of which likely topped $330 billion in 2018. By comparison, the highly lucrative NFL generated less
What Medicare Parts A & B DO NOT Cover
Changing Your Coverage: What to Know
What happens when life throws you a curve ball? Would you know what to do to keep your health insurance? Outside of the open enrollment period each fall when we’re allowed to sign up for a health insurance plan, you generally can’t buy new coverage. But there are a few exceptions. After what’s known as
The Dreaded “Donut Hole”
How to Try to Avoid the Donut Hole Did you or someone you know fall into the Medicare Part D “donut hole” this year? The donut hole, or Part D coverage gap, occurs when a person reaches a certain spending limit for their medications ($3,820 in 2019), and must pay more of the costs after crossing that threshold
Discounts Many Seniors Forget to Claim
1. Discounts When Eating Out If you don’t feel like cooking be sure to turn to these places for good senior dining deals. Keep in mind that deals may vary at participating locations and can change without notice. McDonald’s: discounts on coffee and beverages (55+) Wendy’s: get free coffee or other discounts depending on location
Don’t forget this important estate planning detail
Naming primary and contingent beneficiaries is an easy way to help ensure a smooth transfer of assets down the road. Assets with named beneficiaries skip probate, the court-supervised process of settling an estate’s debts and making distributions. This process can be cumbersome and puts private affairs in the public record, so many people plan to
Getting close to retirement?
Here are a few considerations! If you’ve been getting health-care insurance through an employer-sponsored plan, make sure you know your coverage options — and the cost — after you leave full-time work. Part-time work can affect your Social Security benefits if you start claiming them, depending on your age. You should evaluate the potential tax
Does my income affect my monthly premiums for Medicare?
It can. If you are what Social Security considers a “higher-income beneficiary,” you pay more for Medicare Part B, the health-insurance portion of Medicare. (Most enrollees don’t pay for Medicare Part A, which covers hospitalization.) Medicare premiums are based on your modified adjusted gross income, or MAGI. That’s your total adjusted gross income plus tax-exempt interest, as
Estate planning milestones for 2019
Whether you already have a will or have yet to begin creating one, it’s important to be proactive about estate planning by covering a few basics in writing. To get started, resolve to tackle the following tasks this year. Step 1: Assign a health care power of attorney. Anyone can suddenly have an accident or
Medicare Plans May Cover More Than You Think
3 Things Medicare May Pay For What is most surprising about Medicare in today’s world is that there are actually a number of underutilized benefits that come with this health insurance coverage. Senior care can be rather complex and include medications, procedures, hospital stays and therapies, just to name a few. Yet, many worry about
When is the best time to apply for Medicare?
Health insurance is critical throughout your life, but it’s more important than ever to have good coverage as you age. Gaps in coverage can lead to lack of medical treatment, which could impact your long-term health and well-being. However, at age 65, Americans become eligible for Medicare, a federal health insurance program that is separated
Enrollment for Medicare Deadlines
If you are not automatically enrolled in Medicare at age 65, you should be aware there are certain deadlines you’ll have to meet in order to enroll without paying a penalty. Original Medicare has two main parts. Part A provides hospital coverage and is available to everyone even if you’re still employed or have
Medicare Advantage plans offer Special Perks
Medicare Advantage Plans have added some attractive perks to keep you in good health and save you time. These include services such as transportation to and from doctor appointments and even free gym memberships. The health care landscape is changing in the United States. Instead of the “anything from the neck down” Medicare plans of
HOW TO PREPARE FOR A LIFE INSURANCE EXAM
When you’re applying for an individual life insurance policy, you’ll usually need to complete a simple medical exam administered by a paramedical professional. Follow these steps to prepare for your exam so you can minimize your chances of inaccurate test results and set yourself up to receive a fair rate on your policy. When to