Q: I take 7 prescription drugs every month including one very expensive brand name drug. I just received a notice that my drug plan will be increasing the co-insurance for that drug in 2018, and the premium is going up ...
Category: All Tips for Seniors
Five Best Tax Breaks For Taxpayers Over 65
A number of tax breaks are available for people age 65 and older for 2016 returns. Here are 5 to discuss with your tax advisor: Higher income thresholds: People age 65 and older may not have to file an income tax ...
As 65th Birthday Nears, Phone Rings With Medicare Robocalls
Mary Johnson, editor Next month I turn 65, start Medicare and my expensive Obamacare health plan ends. Happy day!!! For the past two years my health plan premiums were almost as much as my mortgage payments. This yea ...
Shopping for Medicare Coverage For The First Time?
What you don’t know about Medicare supplements (Medigap) or Medicare Advantage plans could cost you dearly. The system is rigged in favor of Medicare insurers, and consumers often have little idea what they will need or ...
Ask the Advisor: May 2016
Are These Home Nurse Visits Legit? Q: I’m helping my brother who has cognitive problems. He’s enrolled in a Humana Medicare Advantage plan that covers prescription drugs in addition to providing hospital and doctor be ...
Q & A: May 2016
What Do We Do Now? My Husband Lost His Job And Our Healthcare Coverage Q: My husband recently lost his job in a company re-organization. I was getting my healthcare benefits through his employer. He is 64 and I’m 67. ...
Benefit Bulletin: April 2016
Retirement’s Black Hole — Medical Debt Nearly 90% of older adults who report having trouble making payments on their credit cards are carrying medical debt, according to a recent TSCL survey. TSCL is concerned that to ...
Q & A: April 2016
Q: I’ve heard a lot of confusing advice on when to start Social Security. I’m divorced, single, and I turn 63 this year. I know that by waiting, my benefit will grow, but I’m not sure how much longer I will have my job. ...
Ask The Advisor: September 2015
Q: I'm 62 and trying to make some decisions about retirement. I'm confused and overwhelmed with information. Recently a friend told me about a retirement coach. I've never heard of this before. Is this a good idea or jus ...
Benefit Bulletin: July 2015
Patients Saying “No Thank You” To Medicare/Medicaid Managed Care Last fall Susan Gross of Barboursville, Virginia, received notification that her disabled son Andrew, who was born with cerebral palsy and is now age 42 ...