We are thrilled that as of July 1, 2022, the asset limit for Medi-Cal (California Medicaid) serving older adults and people with disabilities will be $130,000 for an individual and $65,000 for each additional family member. This huge increase should allow many people to get on or stay on Medi-Cal without having to impoverish themselves….
At some point in our lives, about 60 percent of us will need assistance with things like getting dressed, driving to appointments, or making meals. Planning is critical, but many people are not sure what is covered by insurance, and people are often misinformed about what is covered by Medicare. Things You Should Know Long-term-care…
Do you know that if you’re unhappy with your current Medicare Advantage Plan (Medicare Part C) you still have options to change the plan? Each year, there’s a Medicare Advantage Open Enrollment Period from January 1 – March 31. During this time, if you’re in a Medicare Advantage Plan and want to change your health…
Retaining a good Medicare plan means understanding how all the parts fit together to choose your tailor-made coverage. If you are enrolled in a Medicare Advantage Plan or Stand Alone Drug Plan, this is your special time of year to review your plan or make a plan change to better meet your needs. Medicare health…
As you have probably noticed, the amount of Medicare marketing through many channels such as TV, mails, and social media has increased closer to the Medicare Annual Election Period (AEP). A lot of these ads promote many rich benefits such as transportation, dental, vision, even premium part B rebate to reduce your part B premium….
Losing your Medicare card can cause you to panic. That’s why knowing in advance what to do if your Medicare card is lost or stolen is important and can save you a headache. Luckily, getting a replacement Medicare card is easy. To know how this article “What to Do if Your Medicare Card is Lost…
Open Enrollment (AEP) for Medicare begins today, October 15th until December 7. During this time you may join, switch or drop a Medicare Advantage plan (Part C) or a prescription drug plan (part D). In some cases, you can also drop your Medicare Advantage plan and switch to a Medicare Supplement with a Part D plan. Every…
CMS has released the 2019 Medicare Advantage and Part D Call Letter which provides the Part D benefit parameters and policy changes to the Prescription Drug Benefit Program. The table below compares the standard benefit for a Part D plan for 2019 to the amounts for 2018. There were also many updates to other aspects…
If you will be 65 soon and eligible for Medicare but still plan to work, please read my blog post about your Medicare options and whether you can delay your Medicare without penalty. However, if you are 65 or older, are currently working but planning to retire soon, then you have to start planning your…
If you have Medicare and high prescription drug costs, the last budget deal passed by Congress last February 9th will give you some relief. Under the deal, the Medicare “doughnut hole” will close in 2019 instead of 2020, a year earlier than the scheduled time. Beginning 2019, Part D enrollees will pay 25 percent of the cost…