You’re turning 65 and plan to enroll in Medicare soon. Does that mean your younger spouse will be eligible for Medicare, too? See below for the answers you need. What Makes You Eligible for Medicare? Let’s start with the basics! You are eligible for full Medicare benefits if: You are 65 or older You are a permanent legal resident who…
We are pleased to announce our 2019 partnership with the Alzheimer’s Association of Greater Cincinnati and Miami Valley! According to the Alzheimer’s Association Facts and Figures report, Alzheimer’s is the fifth-leading cause of death for those age 65 and older and 1 in every 5 Medicare dollars is spent on someone with the disease. Because of these staggering statistics and…
Explanation of Benefits Have you ever received a document titled, “This is Not a Bill”? These documents are called Explanations of Benefits (EOB) and are provided to you by your insurance company if you have a Medicare Advantage or Prescription Drug plan. You can expect to receive an Explanation of Benefits after receiving any kind of medical service. It is…
We strive to keep you informed about the latest Medicare news! This month, we discuss Amazon’s newest health care feature, rising prescription costs and how to save, and the latest Social Security phone scam to watch out for. Amazon Now Accepts HSA and FSA Payments Last month, Amazon rolled out a new feature to customers which allows them to pay…
Many employers offer employees a Health Savings Account (HSA) as part of their health benefits. HSAs are financial accounts made available to employees, so they may contribute funds without paying any taxes on them. All funds that are put into an HSA must be used for qualified medical expenses. If the funds are used for any other purpose, the money…
Technology is ever-progressing and, in turn, making our lives easier and allowing us to live at home for longer. It helps us remain independent and connected to our family and friends. We’ve created a list of the best technologies you or your loved ones should be using if you aren’t already. 1. Laptop or Tablets Many of us have adapted…
Being a caregiver for a loved one can be a tiring, yet necessary, role to take on. We’ve compiled a list of tips for caregivers to hopefully make your life a little easier. These include helpful ways to manage your time, which will help you feel in control, reduce stress and meet your goals! Define Your Role as a Caregiver…
Here at RetireMEDiQ, we strive to keep you informed about the latest Medicare news. Each month, we recap the top information you need to know about recent developments in the Medicare industry. New Medicare App: What’s Covered? Are you unsure if Medicare will cover an upcoming test or service? Medicare has released a new app that makes it simple for…
Much like filing taxes, selecting a retirement health plan is a complex process, often inducing stress, requiring hours of research and resulting in frustration. And just like with your taxes, you can select an advisor to help. Except with RetireMEDiQ, it won’t cost you a cent! Due to the complicated nature of health plans, a local health plan advisor like…
As each year progresses, many retirees with high drug expenses worry about entering the Medicare Part D Donut Hole. What is the Donut Hole? The formal term for this period is called the “coverage gap.” It was originally called the donut hole or coverage gap because it refers to a gap in Medicare Part D prescription coverage. When Medicare beneficiaries reach this…