To Hear or Not to Hear – Part 1

Posted by on May 8, 2018

To Hear or Not to Hear – Part 1   We recently explored the complicated world of hearing aids. My husband is one of 48 million of that suffer from some form of hearing loss. Older adults are the majority of those with some hearing loss. One third of people between ages 64 to 74 report some loss. That number grows to 50% for the population over 75. Signs of Hearing Loss One of the first signs of hearing loss is turning up the volume of the TV or radio. You may have difficulty hearing people- especially if they are behind you. You hear men’s voices easier that women’s; women’s voices are...

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Control Your Medicare Premium

Posted by on Nov 28, 2017

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Is Medicare an option at 65? Do you have to sign up for Medicare?

Posted by on Nov 1, 2017

Is Medicare an option at 65? Do you have to sign up for Medicare? Turning 65 is a well celebrated birthday- especially if you have been buying your own health insurance. You are now eligible for Medicare! You have a 7-month window to sign- up. 3 months before your birthday month Your birthday month 3 months after your birthday month. If you are receiving social security benefits when you reach 65, you will automatically be enrolled in Medicare. Otherwise, you have to reach out to Medicare when you are ready to enroll. Many are still employed when they reach 65 and are covered by an employer...

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FSA or HSA- Which should you use?

Posted by on Oct 18, 2017

FSA or HSA- Which should you use?   FSA or HSA- Which should you use? Which employer health plan should you use? Flexible Spending Account (FSA) or Health Savings Account (HSA)? If you have both options available, consider the following:       Flexible Spending Account (FSA)         Health Savings Account (HSA) Best used when you expect major medical expenses such as surgery or braces.   Best used when you are mostly healthy and want to save for future medical expenses. Based on your tax bracket your deduction could save as much as 35%.   Based on your tax bracket your deduction could save...

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The Great Healthcare Debate – Part 2

Posted by on Apr 11, 2017

Combatting Rising Health Care Costs As a result of the rising cost of health insurance, memberships in health care sharing organizations are rising. A health care sharing ministry is an organization that facilitates sharing of health care costs among individual members, in the United States, who have common ethical or religious beliefs. A health care sharing ministry does not use actuaries, does not accept risk or make guarantees, and does not purchase reinsurance policies on behalf of its members. Members of health care sharing ministries are exempt from the individual responsibility...

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The Healthcare Debate

Posted by on Mar 28, 2017

There are two things you don’t want to see being made – sausage and laws. I think we witnessed the reason for that with the attempt to repeal and replace the Affordable Care Act. The repeal of Obamacare has passed several times through the House and the Senate, only to die on the president’s desk. The American Health Care Act added a replacement component to the bill. It is easy to repeal – many are unhappy with Obamacare. It is much harder to build a consensus for a new health care plan. To start with, a brand-new plan would require 60 votes in the Senate. The GOP didn’t believe they could...

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