In an ideal world, you would only own health insurance when you need it. Forego health insurance all those years in which you were healthy and never visited a doctor. Those years in which you constantly seemed to have something go wrong, and the medical bills were adding up. Buy the best insurance policy you can find. Not surprising, insurance companies also know this, and … Continue reading Starting Medicare After Age-65? Don’t Forget This Form
You’ve probably heard the rumors. In order to get an MRI in Canada you need to travel 2,000 miles via dogsled. Months to see a doctor, and once you see a doctor, he doesn’t know what he’s doing. In order for a Canadian to get adequate healthcare, they have to come here to the U.S. Well, none of this is true, and most of us … Continue reading U.S. Retiree Medical Benefits for Canadians
A couple years back I received an excited email from my father in-law. The title of the email read: My Medicare Birthday! He thanked many of us for reaching out and wishing him a happy birthday. He also happily pronounced that he would be saving about $500 per month in healthcare premiums because of the switch to Medicare from private insurance. You may not be … Continue reading Do I Need to Turn on Medicare at Age 65?
I’ve been working with a family for years and finally this year they have decided to pull the trigger and retire. Both will retire now that they are 65, and we spent a lot of time discussing healthcare, and specifically Medicare. They both decided on a Medigap G policy and we figured the total cost including a prescription drug plan to be about $290 per … Continue reading The Medicare Mistake That Could Cost You Thousands
Medicare is confusing. First, you have original Medicare which is Part A and B. Then you have to decide if you want a Medicare Advantage Plan (Part C) or a Medigap Policy. If you choose to go with a Medigap Policy, you need to choose between Medigap Plan A, B, C, D, F, G, K, L or N. Of course, if you choose a Medigap … Continue reading Medigap F vs. G: What’s The Best Michigan Medigap Policy For You?
Blue Cross Blue Shield is certainly not the only Medicare provider in Michigan but it is one of the largest. This post compares the different Blue Cross Medicare Advantage plans available to us here in Michigan. All information is pulled from the BCBS website and you can compare different plans there. For a primer in healthcare in retirement and your different Medicare options please check … Continue reading The 2018 Best Blue Cross Medicare Plans in Michigan
Have you ever heard that old Cinderella song, “Don’t Know What You Got Till it’s Gone”? Did you know that song is actually about a retiree who loses employer healthcare coverage, and has to pay for it on their own? Well, maybe not, but it could be. Ask most retirees what they are most worried about in retirement and the answer will typically be paying … Continue reading Healthcare in Retirement