Understanding Life Insurance, Final Expense, and Asset Life Insurance Policies
Life insurance, final expense insurance, and asset life insurance are all important financial tools, but they serve different purposes and offer varying benefits. Life Insurance Life insurance is a contract between an individual and an insurance company. The individual pays premiums, and in return, the insurance company pays a death benefit to the beneficiaries upon the […]
Walking Towards Health: Memorial Day Events Honoring Veterans
Walking is a simple yet powerful activity that offers numerous health benefits, particularly for seniors. Regular, brisk walking can improve cardiovascular health, lower blood pressure, and ward off signs of cardiovascular disease. It can also help fight diseases, strengthen bones, muscles, and joints, promote healthy weight, improve sleep habits, and slow cognitive decline and dementia. Moreover, walking […]
Enhancing Veteran Healthcare: How Medicare Complements VA Coverage
Veterans have made invaluable contributions to our nation, and it’s our duty to ensure they have access to comprehensive healthcare. While the Department of Veterans Affairs (VA) provides robust health benefits, veterans can further enhance their coverage by enrolling in Medicare. Complementary Coverage Medicare doesn’t replace VA benefits; instead, it complements them. Veterans can use […]
In Review: The Veterans PACT Act
The PACT Act, or The Sergeant First Class (SFC) Heath Robinson Honoring our Promise to Address Comprehensive Toxics Act, is a significant expansion of health care and benefits for Veterans exposed to toxins and other hazards during military service. Here’s how Veterans can find out if they qualify for the PACT Act: Understanding the PACT […]
Medicare Slaps Senior With “Lifetime Penalty” | Newsweek
Story by Suzanne Blake A senior was shocked to find that one small mistake means she will be facing higher health care premiums for the rest of her life. Some Americans may be unaware of what’s at stake when they delay signing up for Medicare. For Marian Leonard, it caused her to face what many call a lifetime penalty. […]
Exercise for Seniors: Enhancing Health and Mobility
Engaging in regular physical activity is essential for maintaining health and enhancing mobility in seniors and incorporating exercises that focus on strength, mobility, balance, and aerobic activity is crucial. Here are some of the fastest-growing forms of exercise among seniors: Water Aerobics: This low-impact exercise is gentle on the joints, making it ideal for those […]
Understanding Stealth Taxes in Social Security and Medicare
Social Security benefits are a crucial part of retirement planning for many Americans. However, a growing number of retirees are finding themselves subject to what financial experts refer to as the “stealth tax” on Social Security. The stealth tax refers to the taxation of Social Security benefits. When Social Security benefits were first taxed in 1984, […]
Medicare Opens Door for Covering Obesity Drugs | WSJ
Story by Peter Loftus Some Medicare members could get help paying for the popular new weight-loss drug Wegovy—as long as they have a history of heart disease and are using it to prevent recurring heart attacks and strokes. Medicare Part D drug-benefit plans—which are administered by private insurers—may cover anti-obesity medications if the drugs receive […]
What Does Medicare Not Cover? | Forbes
Five Things To Look Out For Steve Vernon, contributor Medicare is a lifesaver for most retirees who need affordable health coverage after age 65. However, it’s very different from the health insurance plan you may have participated in as an employee benefit. For example, Medicare doesn’t provide coverage for some essential items that are often […]
Reviewing Medigap Pricing Methods
Medicare Supplement Insurance, also known as Medigap, helps cover the ‘gaps’ in Original Medicare and is a significant part of healthcare planning for many Americans. However, the cost of Medigap policies can vary widely, and understanding the pricing methods used by insurance companies can help beneficiaries make informed decisions. There are three main pricing methods used […]