Retirement Healthcare and Medicare
Retirement expert Bob Carlson’s research and knowledge on how to get the most out of healthcare options
Found 325 Articles.
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What’s New in Medicare for 2024
Medicare beneficiaries need to be prepared for some changes in 2024. The changes begin with the inflation adjustments for various Medicare features. The monthly basic Part B Medicare premium increase by $9.80 (or 5.94%) to $174.70 on January 1, 2024. The annual Part B deductible increase by $14 to $240 at the start of 2024. […]
Know the Changes in Long-Term Care and Develop Your Action Plan
Long-term care is one of the greatest financial fears of retirees and pre-retirees. It is also one of the most rapidly changing and misunderstood areas of retirement. That’s why in this month’s Retirement Watch Spotlight Series episode I discuss what you need to know about long-term care and long-term care insurance. You’ll learn the significant […]
Know the Truths and Half-Truths in Medicare Advice
One of the most important decisions for those 65 or older is the choice of Medicare coverage. The first big decision is whether to enroll in original Medicare or a Medicare Advantage plan. It is expected that in 2023, for the first time, half or more of Medicare beneficiaries will be enrolled in Advantage plans […]
How To Get Supplemental Social Security Benefits – as a Grandparent Caregiver
More and more grandparents and great-grandparents are the primary caregivers and source of support for their grandchildren and great-grandchildren. The latest data indicate that 8% of grandparents have grandchildren living with them. There are many reasons grandparents assume full responsibility for grandchildren. The grandchild’s parents might have died. The parent might be coping with substance […]
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How To Save on Your Medicare Premiums in 2023
Your Medicare premiums are likely to decline in 2023. The average premium for a prescription drug policy under Part D of Medicare will decline by about 1.8%, to $31.50 from $32.08 in 2022, according to the Centers for Medicare and Medicaid Services (CMS). But this is only the average premium. There are dozens of Part […]
Medicare Premiums Reduced for 2023
Your Medicare premiums are likely to decline in 2023. In 2023, the average premi- um for a prescription drug policy under Part D of Medicare will decline by about 1.8%, to $31.50 from $32.08 in 2022, according to the Centers for Medicare and Medicaid Services (CMS). But this is only the average premium. There are […]
Understanding the Key Changes to Medicare Part D
The Inflation Reduction Act made a lot of headlines when it was enacted in August. Most of those headlines were for its provisions related to climate change, but the new law also made significant changes to Medicare’s Part D prescription drug program. The most significant near-term reforms are to the coverage gap, also known as […]
Changes Coming to Medicare Part D
The Inflation Reduction Act made a lot of headlines when it was enacted in August. Most of those headlines were for its provisions related to climate change, but the new law also made significant changes to Medicare’s Part D prescription drug program. The most significant near-term reforms are to the coverage gap, also known as […]
