Q: My mom was recently diagnosed with Alzheimer’s disease. What benefits does Medicare cover for this condition? A: Unlike most of the top 10 causes of death, such as heart disease and cancer, which are covered ...
Category: Issues
Q & A: I’m 71 And Don’t Have Medicare Part B
Q: I retired from my job at 64, but later went to work part-time for another company providing home care services. I did not sign up for Medicare Part B at 65, because I was still getting healthcare benefits from my fo ...
More Than 70% Of Retirees Didn’t Know What To Expect In Lifetime Social Security Income When They Claimed Benefits
By Mary Johnson, editor It’s hard to plan your optimal retirement age without a realistic idea of what to expect in lifetime Social Security income. Yet, according TSCL’s 2017 Senior Survey, 71% of survey participant ...
Brand Name Drugs Increasing at 10X Rate of Inflation
The largest share of participants in TSCL’s 2018 Senior Survey, 43%, say that medical expenses were their fastest rising cost in 2017. Just medications alone take about 12.6% of the budgets of Americans age 65 and over, ...
Is Your Social Security Benefit Keeping Up With Rising Costs? Probably Not
About half of participants in TSCL’s 2018 Senior Survey confirm that, after the deduction for their rising Medicare Part B premiums in 2018, they were left with no boost to their net Social Security benefit, or one that ...
Ask the Advisor: May/June 2018
Help! I’ve Been Told I Have To Return My Deceased Husband’s Last Social Security Check. Is This Really True? Q: My husband passed away on March 31st. I was told that I have to return his entire Social Security pa ...
No Limit To What Medicare Part D Enrollees Could Pay On Prescription Drugs
By Mary Johnson, editor Your Part D drug plan would never tell you this, but the alarming fact is that there is no limit to what you might spend out-of-pocket for your prescriptions drugs in any given year. While t ...
How Using The Chained CPI To Calculate COLAs Would Affect Your Benefits
The newly enacted tax legislation calls for adjusting tax brackets and the standard deduction using the more slowly growing Chained consumer price index (CPI). What would switching to the new index for calculating Socia ...
Benefit Bulletin: April 2018
Easier Said Than Done: Public Unconvinced That Medicaid Spending Should Be Cut By Chairman Art "Coop" Cooper About one in five older and disabled Medicare beneficiaries has income so low that their state Medicaid p ...
Medicare Starts Mailing New Cards In April — Beware Of Scams!
Start watching the mail for your new Medicare card. The Center for Medicare and Medicaid Services will start mailing the cards this month and plans to replace all existing Medicare cards over the next year — by April of ...