by Whitney Kline | Dec 19, 2024 | Medicare medical savings account
Health Savings Accounts (HSAs) provide significant tax benefits for savers planning for retirement and Medicare. However, like any financial tool, there are specific strategies and limitations to consider when using an HSA as you transition into Medicare. This article...
by Whitney Kline | Nov 16, 2024 | Medicare medical savings account
Medicare cuts physician reimbursement rates by 1.25 percent, effective last March––and is set to cut rates again in 2025 by another 2.8%. It could have been worse: Originally, the plan was to slash doctors’ reimbursement rates for 2024 by 3.37%. Congress relented...
by Whitney Kline | Sep 9, 2024 | Medicare Part B, Medicare Part D, Prescription Drugs
Prescription drug costs have gotten insane. Learn how to get protection from the increasing prices of prescription drugs. Prescription Drug Costs Key Takeaways $2,000 Cap on Part D Costs: Max out-of-pocket limit under Medicare Part D. Enrollment Timing: Enroll during...
by Whitney Kline | Jun 28, 2024 | Medicare Part B, Medicare Part D, Prescription Drugs
What is Medicare Advantage (Part C)? When you turn 65 or otherwise become eligible for Medicare, you have several decisions to make. The biggest of them is whether to sign up for Original Medicare or elect to join a Medicare Advantage plan, instead. Option 1: Enroll...
