Category: Medicare

Health insurance considerations weigh heavily on the minds of people wanting to retire before Medicare coverage kicks in at age 65. Many people put off retirement simply because the cost of an individual health insurance policy is too great on a limited income. What options for health insurance do you have if you choose to […]

Over 4 million senior citizens, up to 38 % of enrollees, may “go into the hole financially” or, “donut hole”, what insurers and bureaucrats prefer to call the dreaded “coverage gap”. Regardless of what you choose to call it, the Medicare Part D prescription drug coverage gap “donut-hole” can be a real shocker and a […]

Since January, millions of seniors have enrolled in the new Medicare Part D prescription drug benefit plan. However, the task of choosing a plan may seem daunting and can often be confusing for seniors even after they have enrolled. The decision to participate is important, and careful consideration is vital to ensure a plan is […]

Most of us know the value of good insurance, whether it’s life, home, auto or health. Medicare is now offering insurance coverage for prescription medicines to help seniors and disabled persons with the cost of their medicines. Those who join a drug plan will pay a monthly premium (just as they do now for their […]

Much talk has been made of the looming retirement of “Baby Boomers.” Most recent there has been several articles written in various media concerning their use of home equity to retire on. Eileen Powel of the Associated Press said “home equity may be baby boomers’ salvation; while comments of the Sydney Morning Herald says proceeds […]