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Category Archives: Insurance Benefits

Medicare. Medicaid. What’s the Difference?

Medicare and Medicaid are both government-sponsored medical insurance programs funded by taxes. They sound almost the same and are easily confused. They differ, however, by several factors: Eligibility Medicare is a medical insurance program with eligibility to enroll based primarily on age. It is available to individuals aged 65-years and older of any income level. […]

Social Security Numbers to be Jettisoned from Medicare Cards

At long last, Medicare is removing Social Security numbers from all Medicare cards. For any years the Centers for Medicare & Medicaid Services (CMS), which administers the Medicare health insurance program, resisted pressure to make this change. In 2015, however, Congress passed the Medicare Access and ChiP Reauthorization Act (MACRA) requiring CMS to replace the […]

Navigating the Unfathomable Complexities of Medicare

More than 95 percent of Americans aged 65 and older depend on Medicare for their health insurance coverage. With over 55 million people utilizing Medicare, you would think it would be simple to navigate. But, it is not. “There can be little about Medicare that is automatic or clear or, especially in the midst of […]

Five Steps to Receiving LTC Insurance Benefits

If you or your parents have a long-term care insurance policy, when can this insurance be used? How do you access the benefits? There are five steps to receiving long-term care (LTC) insurance benefits: 1) The policy holder triggers benefits. The policy holder becomes eligible to make a claim when he either: Can no longer […]