Retirement Planning & Insurance

The fact is that many seniors are waiting this pandemic out from home. Nervous about making a move to a senior living community, they are sheltering in place until the virus subsides. Yet, these “at home” seniors also need to ward off isolation and loneliness. The following are ways they can continue to stay connected,

We Got Your Back, Now Tell Your Friends Call centers are notorious for calling about Medicare products. They are trained to be friendly and warm, build rapport and quickly get you into an application. It can seem efficient and a way to take another thing off your check list when you’re turning 65 or Annual

Great News, as of January 1, 2020 Mayo Clinic in Jackosnville Florida is now taking Medicare assignment. What this means to you is they are going to accept Medicare Approved amount as payment in FULL. Medicare will pay 80% of the Approved amount and you or your Insurance Company will pay 20% of the Approved

Initial Deductible: will be increased by $20 to $435 in 2020. Initial Coverage Limit (ICL): will increase from $3,820 in 2019 to $4,020 in 2020. Out-of-Pocket Threshold (or TrOOP): will increase from $5,100 in 2019 to $6,350 in 2020. Coverage Gap (Donut Hole): begins once you reach your Medicare Part D plan’s initial coverage limit ($4,020

Extra Help is a federal program that helps pay for some to most of the out-of-pocket costs of Medicare prescription drug coverage. It is also known as the Part D Low-Income Subsidy (LIS).   Extra Help eligibility If your monthly income is up to $1,581 in 2019 ($2,134 for couples) and your assets are below specified limits, you

Earlier this year, a federal government systems issue prevented Medicare Advantage and Part D premiums from being automatically deducted from the Social Security payments of some people with Medicare. Normally, if a beneficiary elects, Social Security deducts the premiums and sends them directly to the plan. In this instance, the payments were not sent to

If you have a child under the age of 20, they can only qualify for medicare if they have End-Stage Renal Disease (ESRD). Additionally, to qualify for Medicare coverage, the child must: Need dialysis on a regular basis or require a kidney transplant And, have at least one parent who receives or is eligible for Social Security retirement benefits

Federal Indictments & Law Enforcement Actions in One of the Largest Health Care Fraud Schemes Involving Telemedicine and Durable Medical Equipment Marketing Executives Results in Charges Against 24 Individuals Responsible for Over $1.2 Billion in Losses Hundreds of Thousands of Elderly and/or Disabled Patients Nationwide and Abroad Lured into Criminal Scheme; Center for Program Integrity,

 Some 350,000 Americans purchased long-term care protection in 2018, including both traditional long-term care insurance as well as combination products. The statistic is from a new report released March 26 by the American Association for Long-Term Care Insurance (AALTCI) “Individuals understand the consequences associated with living a long life which often include the need for