“Chaining” COLAs Still Under Consideration By Mary Johnson The past two years without a cost-of-living adjustment (COLA) felt like the government clamped a lid on benefits. Now a Congressional debt reduction committee ...
Category: Issues
Debt Limit Showdown: Government Nearly Defaults On Social Security Payments
Social Security and Medicare narrowly escaped the bullet, temporarily at least, during the recent battle over lifting the nation’s borrowing limit. Seniors received their Social Security payments on time and Medicare cl ...
Social Security & Medicare Questions: September 2011
Q: My husband is 86, has heart problems, a chronic eye condition, and is beginning to have symptoms of Alzheimer’s. What types of home care will Medicare pay for? A: Your husband must first qualify for the home health ...
I Turn 65 This Year: How Much Will I Need For Medicare?
Q: I turn 65 later this year and I’m in good health. How much will Medicare premiums cost, and what other costs will I have? I do not get health insurance where I work. A: Planning healthcare costs is extremely import ...
Social Security & Medicare Questions: August 2011
Q: What is wrong with Medicare? I spent four days trying to get test strips and lancets for testing my blood. I’ve gotten them at Rite Aide drugs for 13 years with no problem. This time I needed a perscription from my do ...
Social Security & Medicare Questions: June 2011
Q: Last year I filled out all the paper work to get financial assistance with my prescriptions. After hours of filling out and research for it, I was told I received $50 too much. Now, I have received the paper work in t ...
Social Security & Medicare Questions: May 2011
Q: I get my Medicare health plan under my wife’s company insurance. My wife is not on Medicare yet, she also gets her health insurance through her former employer. We are both retired and live on a fixed income. When doe ...
Social Security & Medicare Questions: March 2011
Q: I’ve learned I’ll need to be hospitalized for surgery. My health benefits are through a Medicare Advantage Plan. Can you tell me what to expect in the way of out-of-pocket costs? A: Medicare Advantage plans provide ...
Ask The Advisor: March 2011
Q: Recently my mother got a notice from Social Security saying that her income is over the limit, and now she’s paying much higher Medicare premiums than last year. Normally her income is modest, but in 2009 we sold her ...
Social Security & Medicare Questions: February 2011
Q: Can people receive Medicare coverage when they turn 62, especially if they have no insurance of any kind? I just can’t seem to find affordable health insurance when living on a fixed income. I know I’m not eligible fo ...