With the Medicare open enrollment period beginning on October 15, we encourage Medicare beneficiaries to choose carefully between traditional Medicare and joining a private Medicare Advantage plan.
By the time you turn 65, you either need to be on Medicare or be covered under a creditable health insurance plan and if you aren’t, you will face penalties.
Another fantastic guest post from Hazel Bridges: How to Help Seniors Navigate Financial Decisions After the Loss of a Spouse When a senior loved one
Comparing Medicare Advantage Plans and Medicare Part D drug plans means taking a look at prescription drug coverage, co-pays and coinsurance costs, the plan’s network of doctors and service area. But there’s another metric you should consider when making your decision: the plan’s star rating.
Have you been working on your retirement plans and figuring out when to move? Whether you’re downsizing or just moving for a change, you will likely have many factors impacting this decision.