Medicare does not cover long term care. Yet 38% of Americans in a recent survey thought Medicare would help with nursing home care or home care. An article from McKnight’s reported: Thirty-eight percent of people surveyed as part of the…
A Medicare Advantage report by the Kaiser Family Foundation examines the enrollment growth in Medicare Advantage plans around the country. Enrollment in the private plans reached 17.6 million in 2016 and is increased in almost all states over the past year.…
The world has seen a nearly fourfold increase in diabetes cases over the last quarter-century, driven by excessive weight, obesity, aging, and population growth. In 2014 422 million people were affected by diabetes worldwide. Nearly 10% of Americans have some…
If you use your Medicare card when you see your doctor (you are not enrolled in a Medicare Advantage plan), you can set up an account on mymedicare.gov. This account will allow you to see what Medicare has paid for…
OCTOBER 30, 2015: Congress approved a budget deal that stops the Medicare Part B premium from going up to $159 in January 2016. It will only go up to $120 (from $104.90). Most people on Medicare will not get hit with…
The Medicare Part B premium is going up in 2016 – way up. But this increase will not affect everyone on Medicare.
For 2016 the Part B premium is supposed to go up to $159.30 because of a complicated formula connected to what Medicare spends on Part B services.
I attended a meeting in which Social Security employees talked about Social Security and how it works, how benefits are calculated, and special situations.
How Social Security benefits are calculated.
Here is some info on applying for Medicare or Social Security.
When it comes to Medicare enrollment special situations sometimes occur. The Social Security representative explained some of the different scenarios.
Although 70% of older people will need long-term care, very few people buy long-term care insurance.
No federal agency provides notification about Medicare eligibility to individuals not yet collecting Social Security benefits.
The Trans Pacific Partnership is a free trade deal being negotiated in secret. Some of the rules, written in secret, affect Medicare, Medicaid VA drug costs. When it comes to Medicare and the TPP, it will mean higher drug costs for seniors and perhaps the end of discounted prices for those who go into the donut hole.
What is your health insurance deductible and to which services does it apply?
Is Social Security income taxed?
Social Security Explained