Tag: Medicare
The fear of huge medical bills causes worry to many a retiree. However, there is hope of solving the situation. Retirees generally fear that a medical expense shock will decimate their savings. However, there are ways to make the shock less stressful, according to Reuters in “How to shockproof your retirement healthcare costs“. Brightwork Partners discovered in […]
The choice of a nursing home is crucial and how is one assured of high quality care? Recently, some researchers looked at the quality of care that traditional Medicare enrollees receive versus Medicare Advantage enrollees, according to ElderLawAnswers in “Are Medicare Advantage Plans Steering Enrollees to Lower-Quality Nursing Homes?“. It turns out that Medicare Advantage […]
Since a plan is required when a Medicare patient leaves a hospital, it is best if the patient and family check into their potential options and the accuracy of information they have received. Medicare requires that a plan for care be developed with a social worker when a patient is about to be discharged and […]
What is next, as Republicans look to reform programs? It appears that Republicans may be prepared to propose cuts to some of the most popular government programs, according to Financial Advisor in “GOP Laying Groundwork To Cut Future Social Security, Medicare, Welfare Outlays.” Republicans are talking about making cuts to programs for the elderly, such […]
How you are classified in the hospital will make a big difference in Medicare coverage. Medicare considers patients who are in the hospital “under observation” as outpatients who therefore will not be covered, no matter how long they are actually in the hospital, according to The New York Times in “Under ‘Observation’ Some Hospital Patients […]
“Many Americans confess that they are confused when faced with the myriad Medicare choices available to them. Others are simply not planning, nor saving enough to meet the challenge of health care costs in old age. In response, a whole new industry has sprung up nationwide.” A recent iberkshires.com post, entitled “The Independent Investor: Elder […]
Former executive alleges that insurance companies are overcharging Medicare. A whistle-blower has charged that insurers have used the Medicare Advantage program to make billions of dollars to which they were not entitled, according to The New York Times in “A Whistle-Blower Tells of Health Insurers Bilking Medicare.” The federal government may need to do something […]
More than half of the states in the U.S. have laws requiring adult children to provide care and support for elderly parents. Laws have been passed in 28 states that require adult children to provide financial support for their elderly parents, if the parents are unable to pay their own bills, according to the Wills, […]
Millennials generation needs to pay attention to Social Security and Medicare. Some forecasters believe the stock market will not be bullish for the near future and that Millennials should be putting away 25% of their current income to keep retirement funds growing at a healthy rate, according to Wealth Management in “Should Millennials Double Retirement […]
Changes in Medicare are likely under President Trump’s administration but the changes could turn out to be positive. While many are concerned that President Trump’s choice of U.S. Rep. Tom Price as Secretary of Health and Human Services would create massive changes for Medicare recipients, there are also opportunities for positive changes, according to NJ.com […]
