medicare Posts

Here's a New Way to Save Money on Your Prescription Drugs

The two bills, one for commercial employer-based and individual policies and another for Medicare and Medicare Advantage beneficiaries , were recently passed by Congress nearly unanimously.

All Americans Need to Read This Important Financial Advice

We're sure that most people are aware that shopping around for a Medicare Part D drug plan each year is nowhere close as fun as shopping around for a brand new TV. However, the great deal that you can actually save on a more cost-effective Part D plan might actually end up paying for it!

These Financial Scams Are Specifically Targeting Older Adults

The Medicare/Health Insurance Scam Scammers also target seniors who are on Medicare or are stressed about their health insurance coverage. They may contact elders by phone, email, or in person, disguised as representatives from Medicare, a health insurance company, or a government body.

Healthcare: 10 Services You Can Get For Free Across the US

Free Nutritional Counseling Medicare and most insurance plans have waived all patient responsibility – no copay/no deductibles for nutrition counseling. Are you making good use of these free services?

7 Tips to Slash Your Retirement Medical Bills

This means prudently considering how to bridge the gap between Medicare coverage and your potential healthcare needs. Let's explore seven smart strategies to help you effectively manage healthcare costs and safeguard your retirement dreams.

Crucial Factors You Need to Know About Getting the Flu Shot

In addition, Medicare also covers the shot at no cost. Medicaid, on the other hand, covers flu shots for children from six months to four years, and adults over 50, including older children and younger adults with certain health issues. Most plans cover flu shots given at pharmacies.

9 Useful Blogs Created Specifically For Senior Citizens

From specific medical issues of the elderly to changes in Medicare and Social Security, this is a valuable resource you should definitely try. 8.

5 Life-Changing Tips for Investing In Your 50+ Years

Additionally, during retirement, the funds can be used tax-free for Medicare expenses. Furthermore, HSAs have no time limit on the funds. If your medical expenses are not sufficient, the account can function like a traditional IRA in retirement, allowing penalty-free withdrawals.

Unsure About Retiring? Here's Why You Should Wait

Additionally, with the loss of employer-sponsored health insurance, you will need to consider the cost of Medicare or alternative options. 3.

These New Diabetes Treatments Show a Lot of Promise!

This spring, Medicare is expected to begin covering the $429 cost of joining a DPP for people aged 65 and above who have pre-diabetes. 2. For Pre-Diabetes: Metformin What is it? Metformin, the nation’s most widely used type 2 drug, is cheap – generics cost $4 or are free at pharmacies – and safe.