We talk a lot about what Medicare costs to use, but not how the benefits are financed. Here’s how Medicare is funded, and how we each help ensure enrollees receive affordable health care. There are 61 million people in the United States…
Read articleWhere to find housing and utility assistance during covid-19. As the COVID-19 pandemic carries on. Many older Americans are finding their budgets stretched to the limit. The high cost of housing and utilities can be especially burdensome. Here are several…
Read article
Types of Dental Plans Dental Insurance in Layman’s Terms. two main types of dental plans are DMOs, or Dental Maintenance Organizations, and Passive PPOs. A DMO is sort of like an HMO. Typically, you must choose a dentist from the…
Read articleOpen Enrollment includes new coverage option for people with End-Stage Renal Disease (ESRD). With Open Enrollment approaching, knowing your options for Medicare coverage is important, especially if you want to change your plan. Starting this Open Enrollment, if you have ESRD, you can…
Read articleTrOOP is the annual “Total out-of-pocket costs” and was also known before as “True out-pf-pocket costs”. In general, TrOOP includes all payments for Medications listed on your plan’s formulary and purchased at a Network or participating Pharmacy. This includes payments…
Read articleA 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…
Read articleMedicare 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.…
Read articleChanging 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.…
Read articleMedicare 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…
Read article
