How Much Do You Need To Retire? A 2018 Checklist

Lately, when talking with my wife, I’ve been flummoxed when talking about retirement. How much do we really need? It’s not an easy question. For most, this is a moving target every year. Health care costs are rising. The GOP is threatening to privatize Social Security and Medicare. Employers are cutting benefits. For us, it’s Read more about How Much Do You Need To Retire? A 2018 Checklist[…]

Advantages Of Using An Independent Medigap Broker

You are on the right track if you understand that with Medigap insurance plans you are required to pay a monthly premium rate for a policy.  These policies help you pay for certain health care costs that are not covered by the Original Medicare Part A and Part B such as health care if you Read more about Advantages Of Using An Independent Medigap Broker[…]

Switching from Medicare Advantage to a Medigap Plan

If you have Medicare Advantage, you know there can be many limitations. There can be many advantages to switching to a Medigap plan. By learning a bit more about this insurance coverage, you’ll better be able to determine if you should make the switch to Medigap. Comparing Medigap and Medicare Advantage Medigap is a bit Read more about Switching from Medicare Advantage to a Medigap Plan[…]

The Most Popular Medigap Plans Are Disappearing in 2020

When you sign up for Medicare, you can choose from two basic options: original Medicare — usually with a Medigap plan to supplement the basic level of coverage — or a Medicare Advantage plan, which replaces original Medicare and functions similarly to ordinary pre-retirement health insurance policies. But if you’ll be joining Medicare after 2019, Read more about The Most Popular Medigap Plans Are Disappearing in 2020[…]

Here’s How Much Medicare Costs in 2018

The monthly premiums for Medicare can really add up. Retirees are paying more for their healthcare than ever before, and that makes knowing the costs associated with Medicare’s monthly premiums critical to retirement planning. Will these costs break your retirement budget? Here’s how much retirees are paying for Medicare health insurance plans in 2018. The steep cost of coverage A Read more about Here’s How Much Medicare Costs in 2018[…]

Which Medigap Supplemental Insurance Plan Works Best For You

Are you 65 or about to turn 65 years of age, but are unsure of which health plan works best for you? If you already have a comprehensive retiree health plan that provides additional and generous benefits, or benefits not covered by Medicare or Medigap policies, you may not need a Medigap plan. However, it Read more about Which Medigap Supplemental Insurance Plan Works Best For You[…]

Getting The Coverage You Deserve With Medicare Supplemental Insurance Plans

Medicare Supplement Insurance policy or Medigap is a private insurance policy sold by private companies to help pay for some of the high out-of-pocket care expenses that are not covered by the Original Medicare such as copayments, coinsurance, deductibles, at-home recovery, as well as foreign travel and emergency care. There are eleven standardized plans lettered Read more about Getting The Coverage You Deserve With Medicare Supplemental Insurance Plans[…]

JOEL MEKLER: Is Original Medicare enough?

Is this the year you will be eligible for Medicare? If so, you might want to ask yourself this important question: Will original Medicare be sufficient to meet your health care needs? If you answered, “No” you have done your homework. Joel Mekler is a certified senior adviser.  The Kaiser Family Foundation said in a Read more about JOEL MEKLER: Is Original Medicare enough?[…]

Understanding Medigap Insurance in MI

A Medicare Supplement Insurance, often known as Medigap, is an insurance policy that private insurance companies sell to people with health insurance cover, and it helps pay a number of the health care expenses that the original Medicare is not supposed to cover. Some of these costs include deductibles, copayments, coinsurance and health care whenever Read more about Understanding Medigap Insurance in MI[…]