In estate planning, the durable power of attorney is extremely important for a number of reasons. It allows you to decide who will step up to the plate and carry out your financial decisions and affairs should you become incapacitated. Needless to say, when deciding who to appoint as a Power of Attorney, it’s a powerful role you’re filling and your … [Read more...] about Understanding the Durable Power of Attorney
If you are rapidly reaching retirement age and are concerned that you will not be able to keep your current healthcare coverage, you may be wondering whether either the Medicare or Medicaid program can help. Chances are that one or the other will certainly help with your healthcare costs; however, neither program is prefect. Qualifying for … [Read more...] about Will I Qualify for Medicare or Medicaid?
If you have Medicare, you have rights. You have the right to receive medical care, services, procedures and items that are medically necessary. Should Medicare deny coverage for anything that you or a physician feels is medically necessary, there is an appeals process. It’s a fairly quick and painless procedure, and 80%-90% of those appealing … [Read more...] about When They Say No – Appealing Medicare Decisions
Since the 2010 Health Care Reform legislation offered over 1,000 pages of changes to health care and coverage, we continue to highlight the portions of this legislation that affect senior citizens. In particular, Health Care Reform provided a fix to eliminate a ‘donut’ hole in the coverage of Medicare Part D, which is Medicare’s prescription drug … [Read more...] about Do you Qualify for a $250 Medicare Rebate?
Medicare is a Federal health insurance program that falls under the Social Security Program. It provides benefits primarily for people age 65 or older, but people younger than age 65 can qualify for Medicare, including those who have certain disabilities and those with permanent kidney failure. While Medicare helps with the cost of health care, … [Read more...] about Medicare Benefits – Answers to Commonly Asked Questions