We're here at Aines, Carter & Associates in LaGrange, Kentucky today and we're going to discuss what we do for clients who are turning 65 and for those who are currently covered under Medicare. So, for those people who are turning 65, we walk them through the process from point A to point B of [...]
Economic Policy Institute put out a survery noting that nearly half of all working-age families have not managed to save any money for retirement. However, even those families that have worked to save money for retirement have an average of just under $96,000 in their retirement accounts, a sum that is a far cry from [...]
We’re here today at Aines, Carter & Associates in LaGrange, Kentucky and we’re going to discuss Medicare Advantage versus Medigap. A common question I get from people who are turning 65. Medigap are premium base plans with very few co-pays, no out-of-pocket maximums, and no networks of doctors. You purchase your Part D plan separately. [...]
One of the most rewarding aspects of developing an investment plan is the benefit of learning more about what financial products are out there and which are the best investments for each circumstance. This allows investors to have some sense of control over the unknown future, and make plans for how to derive peace and wellbeing [...]
We’re here at Aines, Carter & Associates in Lagrange Kentucky. Today we’re going to talk about why we have to sign up for a prescription drug plan when we turn 65 and qualify for Medicare. One of the most common questions I get is, “Why do I have to sign up for a Part D [...]
Cancer Screenings & Medicare Coverage Cancer screenings can be lifesaving procedures when they catch cancer early and allow patients to undergo treatment before the disease is able to progress. For that reason, Medicare and other insurance plans cover many cancer screenings at 100% of the Medicare-approved cost as a form of preventative care. However, coverage [...]
Sometimes, when trying to understand medicare providers, claims, and appeals, you might feel as if you need a magic wand, a Rubix cube, a decoder ring, and a sorting hat to achieve your goals, but it's not as complex as that if you take it step by step. Participating, Non-participating, and Opt-out Providers Participating, Non-participating, and [...]
Medicare Open Enrollment, which is also called the Annual Election Period, refers to the period from October 15, 2019, to December 7, 2019, when those who are enrolled in Medicare are able to change or keep their prescription drug and medical coverage plans. After this period, very few or no changes in your Medicare health [...]
According to the World Health Organization, an estimated 20 % of adults above the age of 60 will suffer from a mental disorder. 6.6% of all disabilities among those over 60 years are directly attributable to mental and neurological disorders. Substance abuse is also a problem within this age group, yet it does not receive [...]
Medicare is a government health insurance program for individuals over the age of 64, with coverage that plays an important role in maintaining medical costs as you age. Medicare was enacted in 1965, and it is designed to provide health insurance coverage for those 65 years of age or older who have paid into Medicare [...]
