Category: Medicare

If you have decided to sign up for Medicare Part D, here’s some healthy advice: “The first thing to do,” says Judy Cahill, executive director of the Academy of Managed Care Pharmacy, “is make a list of all the prescription drugs that you currently take, either on a regular basis or from time to time.” […]

Medicare prescription drug coverage is now available to all people with Medicare. Everyone with Medicare can join a Medicare drug plan to get this coverage, regardless of your income or what drugs you take. You owe it to yourself to look into it, even if you have coverage now. Medicare is here to help Since […]

The AARP used to be the American Association of Retired Persons. The AARP is known for representing and speaking on behalf of aging populations based in the United States. It is involved in all kinds of activities such as: negotiating reduced rates for prescriptions, housing, tourist attractions, automobile rentalsm motels and hotels. It is at […]

Since the Medicare Part D drug benefit was unveiled, it has proven to be even more confusing and inefficient than its critics predicted. Even seniors who have been able to register for the program must still struggle with a $3,000 gap in benefits coverage and a hefty monthly premium. Already the government has had to […]

So, you’ve decided to renew or purchase a health insurance policy. Shop Carefully Before You Buy. Policies differ as to coverage and cost, there are many companies and they differ as to service. Do your homework, contact several companies and compare their premiums before you make your final purchasing decision. 1. Don’t Buy More Policies […]

Personal scooters are a highly valuable mobility tool for those who, for health reasons, are unable to move around in public or in their own homes. They can ease the burden of having to carry things like heavy groceries or other personal effects. In this sense they can also help people who have back problems […]

As tax preparation time begins, many seniors are asking to include Medicaid asset protection as part of their tax planning strategies. For those of you not familiar with the 2005 Tax Reduction Act, some of the provisions address specific transfers by seniors under the new Medicare nursing home provisions. Under the new provisions, before a […]

Nearly 70 percent of older Americans endorse the concept of individual health savings accounts to help cover medical expenses in their later years, a new survey finds. The accounts would involve setting aside 1 percent of income to handle expenses not covered by Medicare, the federal insurance program for people aged 65 or older. The […]

Medicare is a governmental program which provides medical insurance coverage for retired persons over age 65 or for others who meet certain medical conditions, such as having a disability. Medicare was signed into legislation in 1965 as an amendment to the Social Security program and is administered by the Center for Medicare and Medicaid Services […]