Category Archives: Finances and Insurance

New Medicare Changes in Your Mailbox

Not a month goes by that I don’t have someone handing me a copy of their Medicare Summary Notice and asking me to help them decipher what it says.  Needless to say, it is long, complicated and confusing.  Often, the … Continue reading

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2012 Medicare Premium Rates Announced

The 2012 premium rates for Medicare Part B have been announced, and they will be lower than previously projected.  For those whose 2010 income was less than $85,000, the monthly Part B premium will be $99.90 per month.  More specific … Continue reading

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Medicare Recipients: Potential Drug Savings for Part D Plan Members

Medicare has a program called “Extra Help” that can be a big savings for those who qualify.  Medicare officials are estimating that approximately two million people qualify but have not applied.  In order to get the benefit, one must apply.  … Continue reading

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Physical Exam or Wellness Visit? Be Sure to Understand the Difference

As a Geriatric Care Manager and Elder Care Consultant, I am often asked to help sort through the details of Medicare coverage.  There are so many things to know and to understand:  Parts A & B, Medicare Advantage (Part C) … Continue reading

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2012 Medicare Open Enrollment: October 15, 2011 – December 7, 2011

Medicare Open Enrollment is upon us, and for those with Parts C (Medicare Advantage) or Part D (Prescription Coverage), this is the time to review your current plan for changes, and if necessary, find an alternative that fits your medical … Continue reading

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Need Elder Care Services? Maybe Your Bank Can Help

I recently spoke with some bank colleagues about the role and benefits of elder care services in banks.  At first glance this may seem an unlikely combination, but in fact, it is increasingly a benefit offered to private bank and … Continue reading

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Turning 65 Soon and Looking Into Medicare? Here are Resources for More Information

Social Security Administration:  ssa.gov, or call 1-800-772-1213. Centers for Medicare and Medicaid Services (CMS):  medicare.gov or call 1-800-633-4227.  The medicare.gov website has a resource locator to help you find a doctor, compare hospitals, check coverage, get information on Medicare coverage, … Continue reading

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Turning 65 Soon? If You Need Prescription Coverage, Part D May Be for You

Part D Prescription Drug Plans are offered through private insurance companies, or as part of Medicare Advantage plans.  If you are enrolling in Medicare Part A or B, and need prescription coverage because you do not have coverage through another … Continue reading

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Turning 65 Soon and Enrolling in Medicare? A Medicare Advantage Plan May Be an Option

Medicare is well known for its “traditional” Medicare options – the Parts A and B, and a few years ago the Part D Prescription Plan option. But there is one more part, a “Part C,” the Medicare Advantage Plans. Not … Continue reading

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I Will Be Turning 65 Soon. When Should I Enroll in Medicare?

When to enroll in Medicare depends on your individual circumstances. The Initial Enrollment Period U.S. citizens or legal residents who are turning 65 are entitled to a first enrollment period that lasts from three months before turning 65, to three … Continue reading

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