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Senior News

Time Is Coming To Learn What Medication Will Cost Next Year

Question: I know what my medications cost me this year, but how will I know how much it will be next year? Answer: Each year we have insurance, the cost structures change. It doesn’t matter if we have employee health insurance, retiree coverage, Medicare coverage or a Marketplace plan. ...

What To Keep When Cleaning Out A Wallet

Question: I remember you did an article about cleaning out your wallet? Could you do that one again and help me with this wallet? Answer: I would love to update that information and let’s get into that wallet and see what interesting stuff is in there! This advice applies to BOTH men and ...

Proposed Premium Rate Isn’t Set In Stone Quite Yet

Question: I just got a letter from my Medicare Supplement Plan and the letter says the monthly premium rates are going up by 20%. Answer: Well, I have to say that I have heard this from a lot of people recently on this topic. Each year at about this time, the insurance companies send a letter ...

Price Isn’t The Only Way To Compare Health Plans

Question: My sister in law has a $0 premium HMO, and I have a PPO plan which costs a little bit more for the premium. She thinks I am getting ripped off because I have to pay the company money each month and she doesn’t. What do you say? Answer: I want to say right up front, that the price ...

Why Are Some Medications Not Costing Anything?

Question: I just picked up my medication and the cost was $0? Did they charge me the right price? Answer: A little more than a year ago, I wrote an article talking about how Medicare Part D was going to change in 2024. I am beginning to talk with individuals who are benefiting from that ...

How To Protect From Possible Senior-Related Scams

Question: I recently got a phone call from someone who said they were from Medicare to talk about my insurance. How can I protect myself from Scammers? Answer: In response to that particular question, that individual was definitely not from Medicare. Staff from Medicare (Center for Medicare ...