Navigate HealthCare

Sound familiar?

Have you heard this before? If you’re starting to get mail from AARP its time to start looking at healthcare options for retirement or it’s that time of the year “open season” to be making choices. Unforutitly healthcare choices are always changing and you have to go back and re-evaluate your coverage and options every year, For example, The Part B premium remained steady (for most enrollees) at $104.90 from 2013 through 2016. It increased in 2017, although because the Social Security COLA was just 0.3 percent for 2017, Part B premium increases for…

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Navigate HealthCare

Navigating the Healthcare System

Navigating the healthcare system can be a daunting and time-consuming task and it’s a little different for everyone. It will depend on your age, coverage, location, for example, someone in New York will pay a different premium than someone in Alabama. Here is a partial list of the Best & Worst States for Health Care visit WalletHub for a more comprehensive list, by services. Source: WalletHub   Overall Rank (1 = Best) State Total Score ‘Cost’ Rank ‘Access’ Rank ‘Outcomes’ Rank 1 Hawaii 67.36 3 42 1 2 Iowa 66.62 2 19 13 2 Minnesota 66.62 5…

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Finances

Let the Federal Trade Commission help you

If you have ever been ripped off by a scam or you suspect fraud call the FTC or file a report. To avoid being scammed visit the FEDERAL TRADE COMMISSION. By educating yourself you will be less likely to be taken’ These people that pull these cons are smart but you can be smart as well.  This is you. You’ve been ripped off, or you’ve spotted a scam. Don’t keep it to yourself. Take it to the Federal Trade Commission by filing a complaint. What kind of complaint? The Federal Trade…

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Finances

Reverse mortgage and potential elder financial abuse

Reverse mortgage and potential elder financial abuse Article Source A reverse mortgage is a loan against the equity an elder has built up in their home. The loan is “reversed” because instead of making payments to the lender as in a traditional mortgage, the bank advances sums to the elder against the future sale of the property. These loans allow homeowners age 62 and older to convert a portion of their home equity into loan proceeds that can be used to supplement their retirement spending. The advances can take the…

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