Preparing for AEP 2020 is important and you need to know what to expect. Medicare beneficiaries have the option of making changes to their existing coverage. The government-run program features a number of plans to choose from and as your health needs evolve, you may find that other types of coverage suite you [...]
Even if you have an insurance plan offered through your work or other professional organization, sometimes this coverage doesn’t provide all the essential financial protections you need. Despite having a high-deductible plan, you can find yourself in a position with medical bills that exceed your annual salary. With so much riding on whether you’re able [...]
The loss of a loved one is incredibly difficult for families, and unfortunately the high cost of funerals may increase this strain. According to a 2015 report from the National Funeral Directors Association, the median cost of a funeral with a viewing and burial was more than $7,000. For families that are unprepared for this [...]
Death is never an easy subject to think about, much less talk about with loved ones. However, the financial future of your family may depend on having those hard discussions sooner rather than later. While death in and of itself is no laughing matter, the tasks that remain afterward certainly don’t alleviate the grief. If [...]
The threat of being diagnosed with cancer may not be subsiding much any time soon. Fortunately, cancer is becoming more easily detected, treated and survivable for most Americans. In a report on the future of cancer care, the American Society of Clinical Oncologists estimated that new cancer cases in the U.S. will increase 45 percent [...]
No one wants to spend time thinking about their own funeral. For most people, it’s some abstract concept that will happen years and decades into the future. However, as funeral and burial costs continue to rise, and many families struggle with making ends meet, setting aside some time to think about your final expenses in [...]
Americans aged 65 years or older and eligible for Social Security can enroll in Medicare. Original Medicare, defined as Medicare Parts A, B and D, covers expenses relating to services and supplies considered medically necessary, such as hospital visits, nursing facility care and some prescription drug costs. However, Original Medicare does not provide fully comprehensive [...]
