Senior Assistance – In All Aspects of Life

If you are turning 65 or are over age 65, we've compiled a list of resources that may be important to you. Are you 65 or older and in need of information about money, retirement, senior travel, care giving or other senior assistance topics?  We've compiled a list of links that may answer the many questions you have. It is important to educate yourself and stay up to date on current topics. … [Read more...]

Medicare Premiums In 2013

The Medicare premiums in 2013 (for Part B) will be $104.90 per month for most individuals but if your yearly income was higher than the average American you may have to pay more. How much does Part B cost? Most people pay $104.90 for their Part B premium each month. BUT... If your modified adjusted gross income (as reported on your IRS tax return from 2 years ago) is above a certain amount, … [Read more...]

Medicare Help: How Do I Apply For Medicare?

There are Two Ways to Apply For Medicare Apply For Medicare At your Local Social Security Office Most people do not realize that there is not a “Medicare office” where they go to get their Medicare Insurance. This is sometimes a bit confusing because, to apply for your Medicare benefit you must visit your local Social Security office. Apply for Medicare Online You may also visit this link … [Read more...]

Medicare Advice: Do I Need Medicare Insurance?

If you’ve applied for Medicare Part A and B you’ve got Medicare Insurance.  But, you’ve still got a big gap that could create a financial hardship for you if you don’t cover that gap with additional insurance. Medicare covers 80% of your Medicare approved procedures, doctor visits, etc.  But you are still responsible for 20% of all charges. That 20% isn’t a big deal if you just have to see the … [Read more...]

Medicare and Health Insurance Options at Age 65

There are loads of health insurance options for people over age 65. Below we'll discuss each of them so you get a better understanding of what to look for and which type of plan might work best for you. Private Insurance Some people, over 65, have company sponsored group medical health insurance that carries over into retirement. These plans must be reviewed by a Professional Medicare Insurance … [Read more...]

Medicare News: Lipitor Price to Fall

Finally... Lipitor's patent expired on November 30, 2011. The new generic version of Lipitor is called Atorvastatin and should be available at your local pharmacy now. The pricing for this generic version will be less than the "name-brand" but, starting in June 2012, when all drug makers can start making the drug, prices should fall dramatically. By next fall, 2012, the price for generic … [Read more...]

Medicare Plans: Income-Based Part D Premiums

Starting January 1, 2011, Part D premiums will be based on your income. This includes Part D coverage you have from a Medicare Prescription Drug Plan, a Medicare Advantage Plan or a Medicare Cost Plan that includes Medicare prescription drug coverage. If your modified adjusted gross income, as reported on your Internal Revenue Service tax return from two years ago, (the most recent tax return … [Read more...]

Medicare Advantage: Changes Per Recent Healthcare Reform Bill

One issue that is of interest to senior citizens is how the bill affects the Medicare Advantage. Unless you have been hiding under a rock for the last couple of years, you probably already know that there have been some major changes in health care in this country. Mostly this has to do with the Healthcare Reform Bill that has recently passed through congress. Needless to say, there has been a … [Read more...]

Medicare 101: Medicare For Beginners

I think everyone could use a Medicare for beginners article. Especially after all the changes that have taken plan the last few years. If you are an American citizen or permanent resident, you are going to want to be familiar with the many benefits that are available to you. One of the greatest things about this country are all of the many services and benefits available to the citizens of this … [Read more...]

Medicare News: Under Medicare Advantage Senior Out of Pocket Costs Increase

An official from the Centers for Medicare and Medicaid Services (CMS) recently provided new analysis that shows seniors may have to spend more money for Medicare Advantage programs beginning next year as a result of provisions in the health care reform law. Richard Foster, the chief actuary for CMS, told Senate Republicans in a letter that the health care reform law will result in "less generous … [Read more...]