Big bills for uncovered charges are surprising some seniors after some hospital stays that aren’t considered inpatient services by Medicare. The problem occurs when the hospital classifies your stay as “observation” which is billed as outpatient care under Part B, … Continued
Tips for Seniors
Your Health: New Clues as to Why Some Older People May Be Losing Their Memory
New research links “silent strokes,” or small spots of dead brain cells, found in about one out of four older adults, to memory loss in the elderly. The study is published in the January 3, 2012, print issue of Neurology®, … Continued
Seven Tips For Avoiding New Bank Fees
Almost all Social Security recipients receive their monthly benefit payments by direct deposit to a bank account. Many retirees also have savings, CDs, IRAs and other types of accounts. But bank customers are getting hit with a barrage of new … Continued
27% of Seniors Spend Up to Half of Their Social Security On Healthcare: TSCL Releases 2011 Healthcare Cost Survey
The lack of growth in Social Security benefits and rapid rise in healthcare costs is causing a financial dilemma for Medicare beneficiaries that may be jeopardizing the health of many who are foregoing needed medical care. A new healthcare cost … Continued
Six Ways to Avoid Being Overcharged For Your Prescriptions
Here’s a checklist to start the New Year by avoiding overcharges and saving money the first time you fill prescriptions in 2012: Is the pharmacy listed as a preferred network pharmacy for 2012? Before you visit your pharmacy to … Continued
Free Best Ways To Save Guide For Seniors
With the economy continuing to sputter, most seniors and Baby Boomers don’t feel all that secure about their retirement finances. How realistic will my budget be for the New Year? Will Social Security and othe retirement income cover all my … Continued
Seven Ways to Avoid Being Overcharged For Your Prescriptions
Tips from The Senior Citizens League Drug plans across the nation are making significant changes to their coverage in 2012. Even though premiums may stay about the same, many plans are imposing new or higher deductibles and significantly higher co-pays, … Continued
Social Security & Medicare Questions
Q: My drug plan is offering a new mail order system. I normally fill my prescriptions at the pharmacy. Does this really save any money? What would I do if I need a prescription quickly? A: Many seniors can save … Continued
Ask the Advisor: Home Sale Stalled, But Mom Needs To Move
Home Sale Stalled, But Mom Needs To Move Q: My mother has suffered a stroke and needs to move to an assisted living facilty. She is having problems qualifying for Medicaid. Her only asset is her small apartment that we … Continued
Virginia Senior Saves $3,000 Comparing Drug Plans Annually — You Can Too!
Medicare Fall Open Enrollment Now Underway Through December 7th By Mary Johnson, editor Irene H., a senior living in Central Virginia, will achieve a milestone this fall that few other 86-year olds can boast. The thrifty senior who takes three … Continued