Facebook LinkedIn Twitter
Menu

Featured Story


Over 65? Check This Tax Break for Medical Bills


You can get a special tax break to deduct your medical expenses. And they can be a lot more than you realize. Here are just some of the potentially deductible items: the Part B Medicare premium you pay every month ($104.90 for most people), the Part D premiums you pay for drug coverage, the premiums…

READ MORE » »

Recent Stories

Don’t Mess Up Your Medicare Part B

elderly_man_computer_ss_14237830

Medicare Part B pays for doctor bills. You need to know when to sign up to avoid a big gap in coverage. When you turn 65, you automatically get enrolled in Medicare Part A, which pays for hospital bills. For Part B, which covers doctor bills, you have lots of choices. If you aren’t working,…

READ MORE » »

Don’t Go Broke Paying for Cancer Care: Check these Resources

Medicare "observation"

Cancer  care is costly. Many patients struggle with their bills; some of them skip taking medicine because they can’t afford to pay for the prescriptions. About two-thirds of cases are diagnosed in people over the age of 60. The Medicare Part D prescription plans  pose serious problems for people with cancer, whose treatment often calls…

READ MORE » »

What Medicare Won’t Pay For: Check Your Teeth, Eyes, Ears and Feet

elderly_woman_finances_ss_53463469

Need a tooth implant to replace a cracked or rotten tooth? Need hearing aids because you listened to too much rock’n roll when you were a kid? Need glasses because you are having trouble driving at night? Often, Medicare won’t help you at all unless these problems are triggered by some underlying disease. Here is…

READ MORE » »

The Spouse Keeps the House: Fixing Reverse Mortgages

elderly_Asian_couple_ss_150580088

The reverse mortgage is a new source of cash for aging homeowners. Instead of paying the bank each month, you get a payment, depending on the amount of equity in your home. A big drawback has been the potential for financial suffering and loss by the spouse who isn’t listed on the mortgage. When the…

READ MORE » »

Hospice Patients Get a Break: Medicare Eases Drug Coverage Rules

Medicare Observation

Medicare  has eased significantly its rules for insurance coverage of medications for many thousands of  hospice patients, responding to intense criticism from patient advocates and members of Congress. The new policy should eliminate 95% of the cases in which hospice patients need prior approval from an insurance company to get coverage for their drugs, according…

READ MORE » »
WP-Backgrounds by InoPlugs Web Design and Juwelier Schönmann