medicare
Demystifying Medicare
Medicare, part of President Lyndon Johnson’s “Great Society,” was first enacted in 1965. As it has evolved over the decades, Medicare now consists of four unique “parts,” each designed to provide specific healthcare insurance coverage to American seniors. Here are…
“IRMAA:” A Medicare Surprise!!
“IRMAA:” A Medicare Surprise!! Have you ever been surprised by something that occurred more than a year ago, which you must now pay for? Such is the case for many Medicare beneficiaries who are affected by a Medicare provision known…
Government Shutdown? Medicare and Social Security Benefits to Continue Uninterrupted
With much partisan rhetoric, Washington, D.C. Democrats and Republicans seem to be headed for an impasse when it comes to keeping government daily operations funded after September 30th. Both sides seem to be locked into their respective legislative priorities, with…
The High Cost of Healthcare!!!
We all know that healthcare costs rise over time, especially as we age. So the news that higher Medicare premiums, deductibles, and surcharges are expected to go up over the next decade is hardly new news. But what may be…
Will I Get A 2026 Cost of Living Adjustment (COLA)?
Traditionally, as we approach the 4th quarter each year, we have come to expect the announcement of various Social Security changes for the upcoming year. Probably the most highly anticipated of these changes is the annual Cost of Living Adjustment…
Trouble with Medicare Expense? Here’s How to Get Help
In this Midland Daily News article, Jim Miller (AKA the “Savvy Senior”) answers a question from someone whose Mom is having trouble paying her Medicare costs. The savvy senior explains that there are several programs available to assist those who…
Your Medicare Open Enrollment Checklist
Medicare’s annual “Open Enrollment Period” is just around the corner, starting on October 15th and running through December 7th. “Open Enrollment” is the time that you can change various aspects of your healthcare coverage, which are limited to this annual…
The Value of Social Security Knowledge
Here at the AMAC Foundation[1], we are keenly aware that knowledge about Social Security will help everyone choose a course of action which is best for their financial wellbeing. At times, it is someone who is looking ahead to retirement…
Coming Soon: Medicare’s Annual “Open Enrollment” Period!
It’s coming up fast: Medicare’s annual “Open Enrollment Period” which starts each year on October 15th and runs through December 7th. This is the time when American seniors can enroll in or change a stand-alone Medicare Part D Prescription Drug…
Saving Millions Won’t Solve a Trillion Dollar Problem
In this intriguing Morningstar article from Dow Jones, the Federal budget deficit is discussed in very realistic terms, while evaluating the more recent efforts to “eliminate waste and fraud” by the much maligned Department of Government Efficiency (DOGE). The basis…