by Tom Lockwood | Jan 6, 2025 | Medicare medical savings account
The good news is, yes—Medicare does cover non-working spouses. But there are conditions and details you need to know to avoid unexpected costs. Whether you’re married, divorced, or widowed, it’s important to understand how your spouse’s work history will impact your...
by Leslie Alford | Dec 26, 2024 | Medicare medical savings account
A medical credit card can help cover healthcare costs, but understanding its risks and alternatives is key to making a smart choice. As the cost of living continues to increase, many seniors on Medicare are finding it difficult to manage their medical expenses. As a...
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 Mike Montes | Dec 12, 2024 | Medicare medical savings account
The Centers for Medicare & Medicaid Services (CMS) recently downgraded the public “star ratings” of several UnitedHealthcare (UHC) Medicare Advantage plans. Were you a member of one of these UHC plans? Wondering what it means, and what, if anything, you need to do...
by Tom Lockwood | Dec 5, 2024 | Medicare medical savings account
If you’ve been researching Medicare Advantage plans, you’ve probably seen star ratings associated with each plan. But what do these stars mean, and how can they help you choose the best plan for you? This blog post will break it down, so you can understand the star...
by Christine Corsini | Nov 30, 2024 | Medicare medical savings account
Prescription drug insurance can save you money, but hidden traps and rising costs could derail your savings—here’s how to stay ahead. When someone is trying hard to get you to focus on their right hand, keep an eye on their left. This is true with con-men and...
by Tom Lockwood | Nov 21, 2024 | Medicare medical savings account
They say there’s no such thing as a free lunch but there are a lot of free Medicare benefits available! Ok, they aren’t exactly “free.” Somebody pays for them. But they’re free to you! You can access these benefits with no copay, coinsurance, or deductible. These...
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 Lou Spatafore | Nov 5, 2024 | Medicare medical savings account
Medicare is seeing some important updates for 2025. Medicare Updates for 2025 If you’re a Medicare beneficiary––or about to become one, the Fall Open Enrollment period from October 1st through December 15th is the time to review your plan and consider any...
