medicare
Will you lose all your COLA increase to Medicare?
On October 24th, the Social Security Administration announced a 2.8 percent cost-of-living adjustment. This announcement means that, on average, the monthly Social Security benefit will increase by $56. However, many people are awaiting the announcement of the Medicare Part B…
The true cost of health care
Let’s face it, Medicare will not cover all your health care needs in retirement. Plus, there is a cost associated with it. Suze Orman, financial expert, says many Americans underestimate this critical cost in retirement. What is it? Moneywise outlines…
What You Can Do If Your Medicare Advantage Insurer Leaves
Insurers are reducing the number of Medicare Advantage health plans offered in 2026. However, analysis from Investopedia found that in the Medicare Advantage marketplace, “while 1,949 counties in the US lost at least one Medicare Advantage plan in 2026, 798…
Where to start during Medicare open enrollment
The Medicare Open Enrollment Period for 2026 is from October 15 to December 7, 2025. During this time, beneficiaries can enroll in a new plan, switch plans, or drop their current coverage, with changes taking effect on January 1, 2026.…
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. “Original Medicare”…
Tips to Prevent Retirement Financial Disaster
Retirement can be scary! Depending on your financial circumstances, unknown future situations can derail your retirement comfort and result in financial disaster, thus entirely disrupting your life. So, what should you do to avoid such circumstances? Well, renowned financial advisor…
Will Social Security and Medicare Benefits Continue with the Government Shutdown?
The “government shutdown,” resulting from a disagreement between political parties on whether to continue funding the government while certain issues are unresolved, will likely continue for a while yet, according to this Motley Fool article. But will that affect your…
Medicare Open Enrollment & the Government Shutdown
As many already know, Medicare’s annual “open enrollment” period started on October 15th and will run through December 7th. This is the annual period when you can make changes to your healthcare coverage by switching from “original Medicare” to a…
Medicare Advantage is changing for many!
“Medicare Advantage,” also known as “Medicare Part C,” will undergo some significant changes for 2026. Thus if you currently have a Medicare Advantage plan, be sure to do your due diligence as the new year approaches! Medicare Annual Open Enrollment,…
Medicare “Open Enrollment” is now – Here’s how to save money!
The annual Medicare “Open Enrollment period is upon us, starting on October 15th and running through December 7th. This is the time of the year when you can change your Medicare coverage, and it is the best time to evaluate…