Health savings account (HSA)
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A health savings account (HSA) can provide a triple tax break: your contributions are tax-deductible (or pre-tax if through your employer). The money grows tax-deferred, and you can withdraw it tax-free for eligible medical expenses at any time. And when you turn age 65. You can withdraw the money tax-free for even more expenses. You have to…

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Medicare and COBRA
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Medicare and COBRA. COBRA is the temporary insurance that allows people to remain insured for 18 months (or sometimes longer) after leaving employment. It is designed to give people time to get another job or find a different health plan. Aside from the expense, terminated employees must now pay the entire premium themselves. It works…

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Changing from the Marketplace to Medicare

Changing from the Marketplace to Medicare. If you have a Marketplace plan, you can keep it until your Medicare coverage starts. Find out how to end your Marketplace plan . If you like, you can keep your Marketplace plan too. But once your Medicare Part A coverage starts, you’ll no longer be eligible for any…

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Medicare and a Power Of Attorney

Medicare and a Power Of Attorney. A power of attorney (POA) is a powerful tool. A medical POA is a durable power of attorney for healthcare. When you make a medical power of attorney — more commonly called a “durable power of attorney for health care”, you name a trusted person to oversee your medical care and…

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Doctor Visits and Getting Medicines during Covid-19

Doctor Visits and Getting Medicines during Covid-19. Talk to your doctor online, by phone, or e-mail. Use telemedicine, if available, or communicate with your doctor or nurse by phone or e-mail. Talk to your doctor about rescheduling procedures that are not urgently needed. If you must visit in-person, protect yourself and others If you think…

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How to enroll in Medicare if you are turning 65
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How to enroll in Medicare if you are turning 65, Most people become eligible for Medicare when they turn 65. Your Medicare enrollment steps will differ depending on whether or not you are collecting retirement benefits when you enter your Initial Enrollment Period (IEP). If you are receiving Social Security retirement benefits or Railroad Retirement benefits, you should be automatically enrolled…

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