medicare

Re-thinking the Term “Retirement” and Its Impact on Social Security and Medicare

As we’ve pointed out frequently on this website, the tempo is beginning to increase in the media regarding–finally–a serious look at correcting Social Security’s long-term financial woes. Many pundits and news sources have begun to step up their coverage of…

Ask Rusty – For Some Simple Guidance About Medicare

Dear Rusty: I’m nearing 68 years old, have never signed up for Medicare but thinking that I should look into it. I’m currently covered by my wife’s health insurance through her employer. I would greatly appreciate some simple guidance regarding…

We require a far more serious conversation about Social Security and Medicare

As both Social Security and Medicare programs are facing financial challenges in the near future, we–as Americans–deserve to have a constructive conversation about the future of Social Security and Medicare. Unfortunately, as we get closer to election day, we are…

Do you want to ditch your Advantage Plan?

The open enrollment period allows people already on Medicare to switch to a different plan that suits their needs better or add prescription coverage to their existing plan. Should you drop your Medicare Advantage plan and go to the original…

Are there trade-offs to Medicare Advantage plans?

How does Medicare open enrollment work? The open enrollment period allows people already on Medicare to switch to a different plan that suits their needs better or add prescription coverage to their existing plan. Should you enroll in a Medicare…

Avoid these common Social Security missteps

Social Security is the largest government agency, with over 65 million Americans receiving Social Security benefits each month as of August 2022. Like most programs administrated by the federal government, there are rules and exceptions to those rules that make…

Medicare Enrollment Protection Act of 2022

If the Medicare Enrollment Protection Act of 2022 becomes law, it will change how Medicare treats COBRA coverage. If you leave your employer and decide to retain your employer’s coverage for a year through COBRA, you could have possible Medicare…

How to prepare for medical expenses in retirement

Do you know that a significant portion of your retirement savings and Social Security benefits will go towards your medical expenses? A recent report by the Center for Retirement Research at Boston College found that” in 2018, 12 percent of…

Can Social Security recipients catch a break?

The 2023 Social Security Cost-Of-Living Adjustment (COLA) may be the highest ever received by most Social Security beneficiaries alive today. The projections for 2023 COLA at around 8.7 percent is the biggest since 1981 when beneficiaries received an 11.2 percent…

Learn more about Medicare and determine the type of coverage you’ll need

Medicare is an essential health insurance program serving millions of Americans; it is the second largest program in the federal budget. With all the money spent on Medicare, a total of $917 billion in 2020, Medicare only covers specific services…

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