No need to file any special forms with your tax returns concerning your health care plans. Why? Because you are on Medicare you do not need to prove to the IRS that you have insurance, they know!
As we prepare for the upcoming 2016 Medicare season, I noticed that the most misunderstood fact of last year continues to be that a Medicare Advantage Plan is actually a synonym for Medicare Part C. You can no longer use your traditional Medicare card issued by the government when you first went on Medicare (usually…
Americans are surviving major illnesses in record numbers; 75% of people who suffer a heart attack or stroke survive at least three years and many heart attack victims regain 100% of their health whereas between 50-70% of stroke victims regain functional independence Those under 65 are 50% more likely to survive than those 65 and…
This year, April 15 falls on a Friday.
Just a reminder that you should be as diligent when choosing a Medicare Drug Plan as you are when choosing Medicare insurance either an Advantage plan (which includes your drug plan) or a Medicare supplement. Drug costs continue to rise causing many Medicare drug plans to increase the tier rating for your drug along with…
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…
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.