Posts by user220
Demystifying Medicare: Understanding the Difference Between Medicare Supplement and Medicare Advantage
Navigating the complex world of Medicare can be overwhelming, especially when faced with the decision between Medicare Supplement and Medicare Advantage plans. While both options serve as supplementary coverage to Original Medicare, they differ significantly in terms of benefits, costs, and flexibility. In this blog post, we will shed light on the distinctions between Medicare…
Read MoreLayering Disability Insurance Coverage to Protect High Earners
From Diservices.com- Some coverage is better than no coverage – but sufficient coverage is best. Unfortunately, when it comes to individual disability insurance, many people are taking risks by going with coverage that may not meet their needs. This is especially common among high-income earners. One policy may not be enough for these individuals. By…
Read MoreWhat’s new for Medicare this year.
From Medicare.gov- New for people with Medicare taking insulin: Starting January 1, 2023, plans can’t charge you more than $35 for a one-month supply of each Medicare Part D-covered insulin you take, and can’t charge you a deductible for insulin. If you get a 60- or 90-day supply of insulin, your costs can’t be more than $35…
Read MorePre-Pandemic Medical Debt Put Millions of Older Adults at Risk
A data spotlight from the Consumer Financial Protection Bureau (CFPB)—the federal agency that enforces consumer financial law—shows that medical debt was common even before the COVID-19 pandemic upended many people’s lives and finances. Thanks in large part to their high levels of health care coverage through Medicare, people 65 and older have the lowest rates…
Read MoreWhat to look for when Comparing Nursing Homes
Whether you’re planning ahead or need to make an unexpected decision, there’s a lot to think about when choosing the right nursing home for you or your loved one. Medicare.gov makes it easy to find and compare nursing homes in your area. Personalize your results by filtering the options that matter most to you — including inspection…
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