1. If you are not retiring and have creditable insurance coverage through your company: you do not have to pick up Medicare Part B. Please consult with your Human Resources department about creditability. Also, V.A. recipients are not required to enroll in Part B. If veterans do not enroll in Part B, then they will be completely [...]
Medicare is a type of health insurance from the federal government. It covers people aged 65 yrs or older. Medicare provides Part A (hospital insurance) and Part B (medical insurance) benefits. Even though Medicare is important to older Americans, it doesn’t cover everything. It, for example, doesn’t include hearing aids and dental care. The Social [...]
Once you've reached 65 years of age, you’re eligible to apply for Medicare which consists of two parts: Part A and Part B. Part A is hospital insurance, and it covers expenses including limited home health services, inpatient hospital care, hospice care, and skilled nursing facility care. Part B is the medical insurance part, and [...]
To survive in this up and down world, you need tools. Tools that help you achieve your goals. These goals can be varied. Long term, short term, cutting cake, keeping warm and be healthy. If your goal as a woman is to overcome risk and be on the front foot against matters such as ill [...]
The cost of health care is a major concern in most American households. The whole idea of getting insurance is to protect yourself against a major liability that you cannot afford. Although long term care insurance is rather new in the scene compared to its counterparts such as life insurance, disability insurance and even car [...]
Nobody can predict the future, but you can do your best to prepare for it. Health insurance is a more obvious requirement to most, but life insurance is just as much of a necessity, especially when you’re considering the needs and well-being of your family. Whether you want to provide for their future or simply [...]
As you age, it is natural for your health to gradually decline. Despite the fact that seniors tend to have more health care needs than people in other demographics, they usually have less comprehensive health insurance. Most retired individuals are responsible for maintaining their coverage, which is challenging on a fixed income. Medicare helps, but [...]
As people age, it is common for them to start taking various kinds of prescription medication to manage their health. Unfortunately, Medicare does not always cover these additional costs. For those individuals who rely on the federal program, there’s an alternative called Medicare Part D. To give you a sense of the coverage and who [...]
At any time, an injury or debilitating illness can make it impossible to care for yourself, requiring daily assistance for the rest of your life. As you age, you might also need to move into a retirement home to get around-the-clock service. While Medicaid covers many of these expenses, you and your spouse will have [...]
How do I choose a prescription drug plan when I turn 65? Most individuals become confused and frustrated with the many options available. Aines, Carter & Associates helps seniors understand how prescription drug plans work and walks them through the process of choosing the plan that best fits their needs. Here are the ways in [...]
