3 Rules for Deciding When to Retire
FOOL.COM
3 Rules for Deciding When to Retire | The Motley Fool
3 Ways to Cut Healthcare Costs as a Retiree
FOOL.COM
3 Ways to Cut Healthcare Costs as a Retiree | The Motley Fool
Here’s how much your Social Security check may increase in 2021
CNBC.COM
Here's how much your Social Security check may increase in 2021
What is a Medicare approved amount? In Original Medicare, this is the amount a doctor or supplier that accepts assignment can be paid. It may be less than the actual amount a doctor or supplier charges. Medicare pays part of this amount and you’re responsible for the difference.
What is a Medicare approved provider? A health care provider (like a home health agency, hospital, nursing home, or dialysis facility) that's been approved by Medicare. Providers are approved or "certified" by Medicare if they've passed an inspection conducted by a state government agency. Medicare only covers care given by providers who are certified.
Medigap comes through private insurance companies and aims to fill in the “gaps” left in the traditional Medicare coverage.
Reminder Medicare Annual Enrollment starts this Thursday, October 15th! Please contact us for a no-cost consultation.
This Medicare open enrollment season more seniors are expected to seek online help. Insurers say they’re ready
CNBC.COM
This Medicare open enrollment season more seniors are expected to seek online help. Insurers say they're ready
Medicare Annual Enrollment Period Basics
YOUTUBE.COM
Medicare Annual Enrollment Period Basics
Medicare Advantage Plans Expanding
KHN.ORG
Medicare Advantage Plans Expanding
3 Reasons an HSA Needs to Be Part of Your Retirement Plan
FOOL.COM
3 Reasons an HSA Needs to Be Part of Your Retirement Plan | The Motley Fool
Medicare Basics: Parts A, B, C & D
YOUTUBE.COM
Medicare Basics: Parts A, B, C & D
Medicare Basics: Part A covers inpatient hospital stays, care in a skilled nursing facility, hospice care, and some home health care.
Tech Savvy Seniors Gear Up For Medicare Annual Enrollment
INSURANCENEWSNET.COM
insurancenewsnet.com
60% of Medicare enrollees worry about health care costs. Here's the best way to pay for them in retirement
USATODAY.COM
60% of Medicare enrollees worry about health care costs. Here's the best way to pay for them in retirement
Social Security cost-of-living increase to nudge up benefits 1.3% in 2021
USATODAY.COM
Social Security cost-of-living increase to nudge up benefits 1.3% in 2021
Medicare open enrollment has arrived. Here are tips for navigating the maze
CNBC.COM
Medicare open enrollment has arrived. Here are tips for navigating the maze
Washburn County Area Humane Society
October 18 at 8:30 PM ·
Stray alert! Male
This is the dog that we posted a few days ago. Someone was able to rent our live trap and we finally caught him. Trapped on lower McKenzie road about a mile off HWY 77. Please call the shelter if yours. 715-635-4720
Medicare’s general enrollment period is for people who didn’t sign up for Medicare Part B when they were first eligible, and who don’t have access to a Medicare Part B special enrollment period. It’s also for people who have to pay a premium for Medicare Part A and didn’t enroll in Part A when they were first eligible.
Medicare 101: Each year, you have the option of changing plans between October 15 and December 7 (AEP).
Medicare Changing plans - Regardless of the Medicare Plan you select, you can change your plan each year during the AEP. You are then locked into that plan for the next AEP. There are special circumstances that allow you to change plans outside the AEP timeframe, but you must be granted a Special Election Period.
Medicare AEP is an Annual Enrollment Period—Every fall, you have a window of opportunity to change your health coverage and your health coverage provider without penalty.
Fast Fact: More than 55 million Americans rely on Medicare for their health care coverage. Every day, another 10,000 people turn 65, making them eligible for the government-provided health insurance program.
Once you enroll in Medicare, you can no longer contribute to a health savings account (HSA), although you can continue to take tax-free distributions from your HSA to pay for medical expenses.
If you have health coverage, you don’t have to sign up for Medicare when you turn 65, and you’re exempt from penalties. That means that if you want to switch to Medicare after you’re 65, you don’t have to pay a penalty for waiting.
Turning 65 soon? Lost in the Medicare Maze? Contact us for a no-cost consultation!
Medicare Part A benefits are fully covered in both the original Medicare program and in Medicare Advantage plans. But you pay for hospital care (deductibles and copays) in different ways, depending on which system you’re enrolled in, or, if you’re in the Medicare Advantage program, which plan you’re in.
Medicare covers some but not all of your health care costs. Depending on which plan you choose, you may have to share in the cost of your care by paying premiums, deductibles, copayments and coinsurance. The amount of some of these payments can change from year to year.
If you receive Social Security benefits at the time you turn 65, or apply for them at a later date, the Social Security Administration (which handles Medicare enrollment) will automatically enroll you in both Part A and Part B and send your Medicare ID card through the mail. But (if you have primary insurance from a current employer, as described above) you can decline Part B, following the instructions that Social Security includes in its letter that accompanies your card and meeting the deadline.
You do not need Part D prescription drug coverage if you have “creditable” coverage from elsewhere — such as from a current or former employer, COBRA, the federal employees health benefits (FEHB ) program, the military’s TRICARE programs, the Veterans Affairs health system, or individual health insurance you’ve purchased yourself. “Creditable” coverage means that Medicare considers it to be of equal or better value than Part D.
