Taxes on April 18th

According to the National Stroke Association a person suffers from a stroke every 40 seconds in the United States. A stroke happens when there is a block of blood flow to the brain. This can cause temporary or permanent damage to a person’s brain and body. Stroke is the fifth leading cause of death in…

Did you know between January 1st and February 14th you can leave your Advantage Plan (Medicare Part C) and switch to original Medicare.  Remember you will only have until February 14 to join a Medicare prescription Drug Plan.  You cannot switch to another Advantage Plan and if you switch to original Medicare you may want…

If you are on Medicare every September,  in anticipation of the upcoming annual  Medicare enrollment period (October 15 thru December 7),  you will receive an Annual Notice of Change for all Medicare Part C insurance (HMO and PPO Plans) and Medicare Part D prescription Insurance plans.  It is VERY IMPORTANT that you read this mailing because…

CMS reports that the average Advantage monthly premium will decrease by $1.19 in 2017.  They  also cite an increase in supplemental benefits offered by many advantage plans; like dental, vision and hearing benefits.  Enrollment is projected to increase to 18.5 million enrollees a 60% increase from year 2010.

Patient status (in-patient vs. out-patient) impacts how Medicare pays. Beware what billing status a hospital classifies an incoming patient because if it is as “outpatient”, which it often is, Medicare will not pay any follow-up nursing home costs, which can have a financial impact that can be devasting.  For example, a Medicare recipient recently was…

Neale Godfrey,  Contributor for Forbes magazine recently wrote an article about turning 65 and qualifying for Medicare. In the article she speaks to the questions we all have regarding the process. Neale reached out TFHA’s Michael Daley and Lynda Goodwin for advice on Solving Medicare in the article Michael answers the questions and helps Neale and…