Limited, or short-term, health insurance plans are an inexpensive alternative to a traditional major medical health plan and can be kept for up to three years. These plans are ideal for people who are generally healthy but make too much money to qualify for a subsidy under Obamacare. If you do not have serious pre-existing medical conditions and you don’t qualify for a tax credit under the Affordable Care Act to help pay those high monthly premiums, these options are much cheaper than an … [Read more...] about Considering Short-Term Health Insurance Plans
Medicare
Exploring Choices in Care During National Hospice Month
November is National Home Care and Hospice Month, a time not only to recognize the professionals who provide care at the end of life, but also a time to discuss with your loved ones what your care at the end of life might look like. If you have never had a family member on hospice, you might not know the wonderful services that hospice can provide. Hospice is focused on comfort and quality of life, and treats the physical, emotional and spiritual needs of patients and their families. Hospice … [Read more...] about Exploring Choices in Care During National Hospice Month
Understanding Medicare Health Plan Rules
As more and more older Americans stay in the workforce, employers may have questions about how employees’ Medicare entitlement impacts their group health plan coverage. Employers sponsoring group health plans that cover individuals enrolled in Medicare should understand the rules below. Medicare’s coordination of benefits rules, which determine whether the group health plan or Medicare pays first on claims is fairly straightforward. If an employer has 20 or more employees, its group health plan … [Read more...] about Understanding Medicare Health Plan Rules
Medicare ABCs
Many of us are insured by Medicare; in fact, almost anyone 65 years of age and older is! Medicare is a federally funded program that not only serves us, but serves those of us with certain disabilities, too. Thanks goodness for Medicare, right? Here’s some more great information on Medicare: Who is Eligible for Medicare? You are eligible to receive Medicare benefits beginning the first day of the month in which you turn 65. For example, if you turn 65 on Dec.15,, you can begin using … [Read more...] about Medicare ABCs
Taking the Mystery Out of Medicare
If you’re nearing retirement age, or are over 65 and still working, you may have questions about Medicare. Read on for some important information you may need to know. What Is Medicare? Medicare is health insurance for people who are age 65 or older, under 65 with certain disabilities or any age with End-stage Renal Disease (permanent kidney failure). Types of Medicare Did you know that there are four types of Medicare? Let’s review them. Medicare Part A helps cover inpatient … [Read more...] about Taking the Mystery Out of Medicare
