21 08, 2019

Reports Find Hospice Deficiencies Go Unaddressed

2019-08-21T10:50:38-04:00August 21st, 2019|

Hospice care is supposed to help terminally ill patients maintain their quality of life at the end of their life, but two new government reports find that serious problems in some hospices may be actually causing harm to hospice patients. [...]

20 08, 2019

What a Good Long-Term Care Insurance Policy Should Include

2023-11-27T02:58:40-05:00August 20th, 2019|

Nursing home and long-term care costs continue to rise and it is difficult to qualify for Medicaid to pay for nursing home costs. Long-term care insurance can help cover expenses, but long term care insurance contracts are notoriously confusing. How do [...]

7 08, 2019

New Rule Once Again Allows Nursing Home Arbitration Agreements

2019-08-07T12:49:26-04:00August 7th, 2019|

The Trump administration is officially rolling back a ban on the use of arbitration agreements by nursing homes that was initiated under President Obama. The Centers for Medicare and Medicaid Services (CMS) issued a rule that once again allows nursing [...]

30 07, 2019

Should You Sell Your Life Insurance Policy?

2019-07-30T14:25:01-04:00July 30th, 2019|

Older Americans with a life insurance policy that they no longer need have the option to sell the policy to investors. These transactions, called "life settlements," can bring in needed cash, but are they a good idea? If your children [...]

23 07, 2019

How to Plan Your Funeral

2023-12-27T04:22:42-05:00July 23rd, 2019|

Thinking about your funeral may not be fun, but planning ahead can be exceedingly helpful for your family. It both lets them know your wishes and assists them during a stressful time. The following are steps you can take to plan [...]

17 07, 2019

Medicare Prescription Drug Coverage (Part D)

2023-12-27T02:58:23-05:00July 17th, 2019|

Medicare offers a federally subsidized drug program for seniors, in which private health insurers offer limited insurance coverage of prescription drugs to elderly and disabled Medicare recipients. The drug benefit is available only through insurers that contract with Medicare to [...]

17 07, 2019

Medicare Advantage (Medicare Part C) Plans

2020-07-17T10:15:44-04:00July 17th, 2019|

If you have Medicare Parts A and B, you can join a Medicare Advantage plan. Under Medicare Advantage beneficiaries may choose from a number of private health plans, which include the following: Health maintenance organization (HMO) plans that require you [...]

17 07, 2019

Medicare Part B

2020-07-17T10:15:14-04:00July 17th, 2019|

Medicare Part B basically covers "outpatient" care: office visits to medical specialists, ambulance transportation, diagnostic tests performed in a doctor's office or in a hospital on an outpatient basis, physician visits while the patient is in the hospital, and various [...]