Aging into Medicare

Many in the desert area retire before reaching age 65. Of those who do, a large number were once self employed. Leaving your job or business behind also means leaving your group health insurance behind and, even with the Affordable Care Act, premiums for those between 60 and 65 can be very expensive. Aging into Medicare That’s why so many seniors are actually relieved to see that 65th birthday on the horizon. Getting your Medicare card means saying goodbye to your expensive, private health plan. However, the relief of finally receiving Medicare can be replaced by the total confusion of the

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The Basics of Medicare & Choosing the Right Plan

When you reach 65, you face an important milestone: You are now eligible for Medicare. Contrary to popular belief, Medicare is not free, and it's important to understand the ins and outs of Medicare before you sign up. Making the wrong choices can be expensive. Even if you've been on Medicare for years, you may want to re-evaluate your options annually to make sure you've got the right plan. The annual open enrollment period, during which you can switch Medicare plans, runs Oct. 15 through Dec. 7. "I think everyone should consider switching," says Lita Epstein, author of "The Complete Idiot's

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Medicare Rules You Must Know

Medicare Rules You Must Know

Learn about these must-know facts about retiree healthcare. Healthcare is an essential need for everyone, and it becomes even more important as you age and require more medical services. The Medicare program is a vital component of getting American seniors the healthcare they need, but it comes with some rules that many people find confusing or difficult to follow. Below, we've called out five key Medicare rules that should be foremost on your mind as you prepare for your golden years. Medicare Rules You Must Know 1. When to apply for Medicare  Most people become eligible to receive Medicare when they

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Planning your Medicare Plan

Planning your Medicare Plan

Commonly Overlooked Pieces of Your Medicare Retirement Plan Medicare enrollment can be a confusing and overwhelming experience, especially for first-time enrollees. The variety of plans and the costs associated with each can make it difficult to compare and gain a complete understanding of your total annual costs. Even if you have a comprehensive retirement plan that takes into account your health, circumstances can change. There is no crystal ball to tell you how your retirement will unfold. Planning your Medicare Plan While impossible to forecast your future health, there are several ways to prepare for the unexpected and protect your retirement

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5 Programs that Lower Medicare Costs

5 Programs that Lower Medicare Costs

5 Programs that Lower Medicare Costs Even with Medicare, many people struggle to afford premiums, deductibles and other out-of-pockets health care costs. There are five federal programs that lower your costs for care even if you do not qualify for Medicaid: 5 Programs that Lower Medicare Costs Veterans’ Administration: If you are a vet, the Veterans’ Administration (VA) offers low-cost services and prescription drugs directly. And, you can have VA coverage as well as Medicare. Medicare Savings Programs: Depending on your income, these programs help pay for Medicare premiums and coinsurance, even if you don’t qualify for Medicaid. There are three programs, Qualified Medicare

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Moving & Medicare

When moving to a new primary residence in another State or County, it is important to be aware that you may be required to change your Medicare Health Plan. Moving does not affect benefits for Part A (Hospitalization) and Part B (Outpatient) of Original Medicare. Nor does a change of residence affect your benefits for Medicare Supplements (often referred to as MediGap Plans). However, when moving to a different County or State there are two types of plans that can affect your benefits. If you have a Medicare Advantage Plan or Part D Prescription Plan, and that plan is not

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Fewer Doctors Taking Medicare Patients

Understanding Medicare through Supplemental Insurance

Fewer Doctors Taking Medicare Patients   In a recent discussion with one of my doctors, he and I spent a few minutes discussing the ongoing changes and challenges facing physicians who practice medicine today, and more importantly the impact on new doctors just starting to practice. Fewer Doctors Taking Medicare patients Many of today’s doctors leave medical school with a great deal of debt accrued during the pursuit of a medical degree, and few new graduates can afford to go into a sole private practice. A majority of recent graduates join a group or a hospital to avoid the costs of office

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Keeping Seniors Safe From Medicare Fraud

Safeguard Your Identity During Holidays

Keeping Seniors Safe From Medicare Fraud With Medicare enrollment season coming to an end on December 7th, some seniors may be scrambling to assess plans and make final decisions. Medicare is still a very confusing topic to many seniors, and worrying about the risk of fraud can add to this frustration. During this rushed state, it’s important not to lose sight of potential issues with fraud. Keeping Seniors Safe From Medicare Fraud Based on an Express Scripts survey, 10% of seniors said they or someone they know has been the victim of healthcare fraud. In fact, the Federal Trade Commission

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