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. This month, we cover the benefit of enrolling in Medicare Advantage over Original Medicare, a new rule regarding prescription drug costs, 2020 HSA contribution limits and more! Could You Save Money…
Medicare Supplement plans, also known as Medigap, are health insurance policies sold by private insurance companies. Medicare Supplements are designed to be paired with Medicare Parts A and B to “fill in the gaps” that Medicare does not cover (like copays, coinsurance and deductibles). Many retirees like Medicare Supplements because they can help protect you from high medical expenses and…
Cybersecurity has become a big concern for everyone using the internet, including older adults. According to the Department of Homeland Security, cybersecurity is “general internet safety, which includes protection of anything connected to or accessible by the Internet.” There’s no question that the Internet has changed how we live in today’s society. We now have email, personal websites and social…
If you are considering working past age 65, there are some important things you should be aware of. By taking these things into consideration, you can reduce stress, avoid unnecessary penalties down the road, and have a much smoother retirement when the time comes. While we give general recommendations, we strongly encourage you to speak with one of our advisors…
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. This month, we cover Medicare Advantage’s expansion of benefits, a potential Part B premium increase and more! Medicare Advantage Plans to Offer More Telehealth Benefits In an April Centers for Medicare…
If you had to guess, how much do you think you will spend on health care in your retirement years? Predicting what you will spend on health care during retirement is one of the most challenging pieces of the retirement puzzle. But it’s also one of the most important! Estimating these costs doesn’t have to be a guessing game. We…
Today, most employers offer four or fewer health plans for their employees to choose from. This makes the need for you and your spouse to select a new plan upon retirement from the hundreds available difficult to navigate. With the rising costs of health care and the complicated nature of selecting retirement health insurance, you might feel unprepared and ill-equipped…
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…
You’re turning 65 and plan to enroll in Medicare soon. Does that mean your younger spouse will be eligible for Medicare, too? We have 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 has…
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…