Paying for Long Term Care There’s several options to pay for Long Term Care. The order I view them in is: Traditional Long Term Care Insurance Hybrid/combination Life/Long Term Care Insurance Short Term Care Insurance Self-Pay Medicaid There’s an article Read more…
Short Term Care Short Term Care insurance is an alternative option to hybrid or traditional long-term care. Benefits With traditional Short-Term Care, you choose your benefits when you apply. This includes: Daily Benefit Benefit Period Inflation Protection Waiting Period Daily Read more…
Hybrid Long Term Care Life Insurance Policies There’s two types of long-term care insurance. Traditional Policies Hybrid Long Term Care Policies They both are good options. But which one is best for you depends on your needs. This article will Read more…
Traditional Long Term Care There’s two types of long-term care insurance: Traditional Policies Hybrid Long Term Care Policies They both are good options. But which one is best for you depends on your needs. This article will focus on Traditional Read more…
Medicare and Long Term Care Medicare is overall a good thing. It’s confusing and could definitely be simpler. But it does a good job at helping people with their health care. But Medicare has its limitations. It doesn’t cover everything. Read more…
Creditable Prescription Coverage for People That Delayed Medicare What’s happening? This could be a big impact for people that have delayed Medicare because they still have coverage from their employer or their spouse’s employer. Previously, most of the plans met Read more…
Common Medicare Scams Scammers often target seniors for scams. Trying to confuse people by acting with authority. Or sometimes misleading them into a bait and switch situation. Here are the most common scams: Social Security Priority Number People are receiving Read more…
Many people on Medicare pay for their Part B premiums out of their Social Security benefit. The premium is taken out before you even get your deposit. But how do you pay for Medicare if you aren’t receiving your Social Read more…
The Inflation Reduction Act was signed into law in August 2022. There are some impacts to Medicare that start in 2023. Here’s a few key things to know: 2023 Adult vaccines will be covered by Medicare part D starting in Read more…
Is there a bad time to convert your Traditional IRA to a ROTH IRA? First off, I’m not a financial advisor so this is not financial advice. But it’s important to understand how a decision you make today impacts your Read more…