During the month of August, we have tried to cover the subject of Medicare in little bite-sized bits. One at a time, we went over the Parts of Medicare, Original Medicare and Advantage Plans (also called “Part C”). Today’s Medicare Minute covers Part D, the prescription drug coverage plans available. At first glance, seniors might […]
Category Archives: Uncategorized
26
Aug
Aug
Six years ago, the AARP published a study that found many family caregivers performed medical/nursing tasks for care recipients. These tasks included managing medications, helping with assistive mobility, preparing food for special diets, providing wound care, even using monitors. Now, a new study shows more family caregivers are assuming responsibility for particularly demanding procedures. One […]
23
Aug
Aug
Fraud against seniors has grown so rapidly in the past few decades its astonishing. This is due to a large number of Baby Boomers well into retirement and the belief that they have a meaningful amount of money in their accounts. All seniors are targeted by these criminals, not just the wealthy, and they usually […]
14
Aug
Aug
Medicare Advantage Plans (Part C of Medicare) have grown substantially over the past decade. In 2018, 34% of Medicare beneficiaries were enrolled in Medicare Advantage plans. However, “Original Medicare” remains the choice of more than two thirds of all Medicare recipients. In fact, Original Medicare is the default plan, if you don’t choose another option. […]
07
Aug
Aug
Sometimes it pays to review basic information. This is certainly true when it comes to Medicare; a survey conducted by the Medicare administration revealed that a majority of seniors could not name or describe the four parts of the Medicare system. This is information that every senior should have at hand, especially when signing up […]