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Health Insurance

Long Term Care Insurance: the basics

Many older Americans will need help as they age. Among those reaching age 65 in 2017, almost 70 percent will need some form of long term care in the future, according to the U.S. Department of Health and Human Services. While most Americans expect long term care to cost $25,350, the¬†actual price tag is more…

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The latest on new Medicare cards

To prevent fraud and fight identity theft, the Centers for Medicare & Medicaid Services (CMS) has been distributing new Medicare cards that don’t have the beneficiaries’ Social Security numbers on them. Senior Planet asked¬†for an update on the new cards; here’s the latest from Ray Hurd, the Centers for Medicare & Medicaid Services Regional Administrator…

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Higher Medicare premiums?

Some Medicare beneficiaries with high incomes are paying more for their Medicare Part B and D benefits in 2018 than ever before. While Medicare recipients have been paying higher premiums for several years, the MACRA legislation of 2015 changed the thresholds beginning this year. As a result, some high-income individuals are paying more this year…

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