12 Medicare Facts All Seniors Should Know

Medicare provides insurance coverage to 56 million Americans, yet many people don’t know everything they should know about this valuable program. Here are 12 important facts about Medicare that can help you make the most of your Medicare benefits. Continue reading “12 Medicare Facts All Seniors Should Know” »

Retirement Expenses Most People Underestimate

When we think about retirement, many of us are wired to assume that our costs will naturally drop as a result of no longer working. But we may be overestimating the extent to which that might happen. While it’s true that some expenses, like commuting, go down in retirement, others are, in fact, likely to climb. Here are five in particular that tend to catch retirees off guard.

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What You Need To Know: MEDICARE vs. MEDICAID

Understanding Medicare vs. Medicaid for maximum benefits

Medicare and Medicaid can be confusing, partly because the names sound so similar. But they’re two very different government healthcare programs. Medicare focuses on adults age 65 and older and Medicaid focuses on low-income individuals and families. The benefits, costs, and eligibility requirements are different for each program. Neither program has automatic enrollment so it’s important to understand what each one offers. Knowing which to apply for helps maximize your healthcare benefits.
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Social Security Disability Benefits: What You Need To Know

Many people plan for their future by investing money in the stock market, paying off their home and mapping out the travel and adventure they will experience in retirement. Yet, few people plan for the possibility of becoming disabled and unable to work. Studies show one in four of today’s 20-years-olds will become disabled before the age of 67, yet 70 percent of the private workforce has no long-term disability insurance and does not understand the disability benefits that are available to them through the Social Security Administration (SSA).

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What Does Medicare Part D Cost and Cover in 2017?

A detailed review of how Medicare’s prescription-drug benefit works.

Millions of Medicare participants currently rely on Part D to help them pay for prescription drugs. However, it can be difficult to understand all the elements associated with this program, since it operates slightly different from most other parts of Medicare. Still, it’s important for all current and future recipients to know what Part D will cover and how much it cost. Continue reading “What Does Medicare Part D Cost and Cover in 2017?” »