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
It was around 2am last night when the “dada, dada, dada” started coming from the room across the hall. Shortly after, it was followed by the high pitched cry that was far too common for a new parent. I knew the problem right away, my son was having a nightmare. Once again, the recurring nightmare that his favorite toy, Clifford the stuffed animal, was lost. … Continue reading 5 Tips for Maximizing your HSA