The average cost of daily in-home care is around $4,000 per month which might be too steep a price for many. However, most seniors prefer to stay in their own homes as they age. So the question is how to finance in-home care when it becomes necessary. This post discusses six ways to ensure that your elderly loved…
2020 has finally arrived. January 1 not only brought New Year’s resolutions, but it also arrived with modifications to Medicare coverage. These changes are summarized very briefly below. For more in-depth information, please click on this link. Changes to Medicare Part B (Medical Services and Supplies) In 2019, the premium for Medicare Part B stood…
Any one of us could, unfortunately, experience a health emergency. We could fall and break a leg, become injured in a car accident, or suffer a heart attack. These scenarios typically occur when they are least expected, but only last for a relatively short period of time. However, while we are on the road to…
Everyone should understand that Medicare is not a static government program, but is subject to frequent changes. So, it’s not surprising that new Medicare policy changes are planned for 2020. These modifications, which will affect all current and future Medicare beneficiaries, are discussed below. Medicare Supplement Plans (AKA Medigap) Under Medicare 2020 policy, Medigap Plans…
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