All posts by Reginald Chapman

Medicare supplement plans

Medicare supplement plans which are popularly referred to as (Medigap) is a policy that exclusively helps in supplementing or covering some of the health care cost which are not covered under the original Medicare such services included; deductible, copayments, and coinsurance.

Just like the Medicare Advantage plans, Medigap Plans are also sold by the private companies which must be approved by the Medicare as well. This policy does not only cover the beneficially while in the united states of America, but it extends it medical care services even when the beneficiaries have traveled outside the united states either for vacation or other personal engagements and endeavors. This attribute indisputably makes the Medigap more appealing among other policies in the country.

Enrolling for a Medigap policy while having an original Medicare does not deny the beneficially any benefit, as Medicare will continue to paying its share to cover the beneficially on health care cost, while the Medigap, on the other hand, will pay its share. When buying Medigap, there are so many factors that you need to understand such factors includes, its pertinent to have Medicare Part A and Part B, it’s important to know that Medicare only covers one person but not the entire family which therefore means everyone should have his/her Medigap policy. Another critical factor to understand is that if for any chance you have a Medicare Advantage plan doesn’t limit you from applying the Medigap plan. The last but not the least to know about the Medigap plan is that it’s against the law for anyone to sell you a Medigap policy if you have a medical saving account plan.

There is a vast difference between Medigap and Medicare Advantage plan as the latter purposively deals with Medicare services while the former only supplements the original Medicare benefits. Another significant disparity between the two is that Medigap does not cover long-term care which is widely covered by the Medicare Advantage plan.

The Medigap does not cover insurance plans such as Medicare, prescriptions drugs plans, Medicaid, Medicare advantage plans, TRICARE, and veterans benefits as well as employee under federal employee health benefits program ( FEHBP).

Deciding to drop a Medigap police probably for Medicare Advantage plan that offers prescriptions drugs coverage it should ultimately be done with a lot of care putting into consideration proper timing to avoid a late enrollment penalty which must be covered.

 

Four Things To Try To Eat For Staying Healthy And Balanced In The Winter Months

Winter season is the time of year when you often consume food with increased calories and work much less to burn them away. As a result, you not merely gain bodyweight additionally , you make yourself susceptible to various illnesses like hypertension, diabetes, heart illnesses and weight problems. It really is attractive to relax having a cup of warm chocolate and to warm-up inside the relaxing days and nights.

However, many of these foodstuffs are certain to add to all those unwanted weight under your stomach fat. Make an effort to have oatmeal which has a touch of cinnamon as well as , honey. This not only will spicy your winter season but use it as beverage to keep you warm ,It also acts as an appetite suppressant by maintaining from your very own winter season cravings.
Allow us to take a look at what you should eat for remaining healthy in the winter.

Top quality carbs

There exists a prevalent belief that carbohydrate rich meals are accountable for putting on weight. It might be true to some degree but there has to be some carbohydrate in what you eat. You will find few sunny hours in a winter time. Within such circumstances, level of “serotonin” – the feel-good mind chemical substance, declines.

That yearning for carbohydrate rich food that you encounter in winter is really your own body’s demand for maintaining the amount of serotonin. Choose fiber rich foods and top quality carbohydrates just like pumpkins,squash and as well , sweet potatoes.

In season produce

Adding seasonal vegetables and fruit in your diet requires you are increasing the fresh things. Seasonal produce are healthful options and they also put variety and simply color to your normal daily diet. Fruits and veggies just like apples , oranges, cranberries, purple grapes and pomegranates are actually delicious and nutritive decision. Root veg like turnips, radishes as well as , leafy vegetables like broccoli and cabbage might be included in your winter season diet plan.

Vitamin D

Sunlight is hard to find in the wintertime and the weather conditions is extremely dried out. Shortage of sunshine may induce deficiency of Vitamin D. This kind of vitamins reduces likelihood of ovarian, breast as well as , digestive tract cancer by about 50 percent. Calciferol in trace quantity is found in nutrients like egg yolks, fatty fish and milk products. As such, it really is appealing to take health supplements of Vitamin D through winter season days following consultation together with your health care provider.

Healthful options

There are many health beverages promising to stop flu and cold but nothing can easily substitute traditional lemons as well as , oranges. As outlined by research, day-by-day intake of one thousand mg of Vitamin C allows you to keep fit and battle cold.

If this sounds hard alone with lemons, fruits and veggies, incorporate vitamin supplements. Yogurt enthusiasts may be happy to know that the probiotics in yogurt are helpful in keeping away prevalent cold and influenza. Additionally, it encourages and helps your digestive tract in this sluggish time of year. Green tea extract is an excellent choice to help keep you warm and healthier. There is absolutely no limitation on number of cups. When you seem like getting a hot beverage, consider a proper choice.

Enjoy your winter season days and nights with these well balanced meals and make sure to follow along with your workout routine. Avoid or reduce spicy and oily nutrients and try to consume them in small amounts.

Don’t forget good health insurance too.  Find rates here http://www.medigap2018.org.

Tips to Retire Early and Retire Rich

Everyone likes to retire early and retire rich. But what does that look like to you? Some people think of old friends in rocking chairs while some think of the freedom to do whatever they want. However you define early retirement, you need to have a good plan that includes how you will pay for all that freedom. Take these 7 tips into consideration for a free early retirement strategy:

1) If you plan on retiring before age 60, then you will need savings and investments to draw on before you are able to take retirement plan money. The more you have saved up, the earlier you can retire. That doesn’t mean that you should also stop contributing to your retirement plan. It means that you will have to contribute to both.

2) At age 60 and above you can draw on money from both retirement plans and savings and investments until social security kicks in. Many people may find themselves in a high tax bracket while doing this. If so, one option is to rollover your retirement plan from an IRA to a Roth IRA so you can eventually draw some money tax free. Another option is to sell shares that have long-term capital gains so that you get the favorable tax treatment on the trade and create money to live on.

3) At age 62 you can start taking social security. If you are fortunate enough to have enough assets to wait to take social security later, then do it. It will be approximately 20% more income if you can wait for the later date.

4) If you find that after all this your income will be less than what you expected, don’t panic. Studies have shown that retirees will spend more in the first five years after retirement and then expenses taper off.

5) Another way to increase income after retirement is to downsize. Many people fail to realize how much money it takes to maintain a large home after all the kids have left. Downsize to a smaller home, and move to a less expensive area, and you will feel like you are living the high life with all that extra cash.

6) Even though you are retired, you have to watch your taxes. It’s not how much income you gross but how much you get to spend after tax. Instead of drawing down on one account at a time, take a little income from each account. Interest, dividends, capital gains, and a tax-free income combination will keep your income high and taxes low.

Also, for many people who retire early,  have Medicare Supplement Plans 2018 is a great idea.

 

 

 

Things Your Doctor May Not tell You About Medicare Supplement Insurance

Before you can think of getting a plan, there are things you should look out for when it comes to the coverage options and the rules governing the policies of the health care.  For those who are employed, and have a group health plan, they may have a little change with the Medicare options.

For those who are advanced in age, who are not covered by PPO or HMO health plan during the beginning of an enrollment period, there is something they need to do. They are advised to enroll in the Medical Part B and D that will cover certain prescriptions and medical insurance.  Automatically, many people get enrolled in the Part A immediately they are eligible to receive social security.

However, for those who are covered by any health plan at their place of work, a special program or trade union, they are expected not to go for the Medicare Supplement Plans 2019 until they speak with their insurance administrator.  The administrator will be able to direct you on the best option to choose the right plan.

Life can throw us lemon when it comes to health care and we can actually change the lemon to lemonade when we have the right health care insurance. For many years, we have seen the introduction of hundreds of insurance policies that are geared to give us access to hospital and doctors.  The Medicare Supplement Plans come in different packages that will help everyone meet their health goals.

Medicare Supplement plans help pay Medicare Part A and Part B costs. Original Medicare, the health coverage you can get when you turn 65 or have a qualifying disability, consists of Medicare Part A and Part B. Part A provides hospital insurance, and Part B (medical insurance) covers doctor visits; preventive services like certain screenings and vaccinations; durable medical equipment; and other services and items. But Part A can come with substantial annual deductible and copayments or coinsurance for certain inpatient services. Medicare Part B also has copayments, coinsurance, a monthly premium, and an annual deductible. Medicare Supplement  (also known as Medigap and MedSupp) insurance can help downsize your Original Medicare cost burden.

Every Medigap policy must follow federal and state laws designed to protect you, and it must be clearly identified as “Medicare Supplement Insurance.” Insurance companies can sell you only a “standardized” policy identified in most states by letters. Each insurance company decides which Medigap policies it wants to sell, although state laws might affect which ones they offer. Also, Any standardized Medigap policy is guaranteed renewable even if you have health problems. This means the insurance company can’t cancel your Medigap policy as long as you pay the premium.

Medigap policies generally don’t cover long-term care, vision or dental care, hearing aids, eyeglasses, or private-duty nursing. A Medigap policy only covers one person. If you and your spouse both want Medigap coverage, you’ll each have to buy separate policies.

A lot of Americans have come to embrace this

We are aware that the government has standardized the policy which is why everyone can make use of it without worries. Everyone who wants to get a plan should first think along the plan premiums before making a choice. With the help of a doctor, you can still make your choice within a short time if you do not have enough information on the coverage to use

How To Avoid The Medicare Supplement plans Maze?

Navigating through the Medicare supplement plans is complex and tough. The numerous plans that are offered through the agents are often found to be complicated and impenetrable at times. People who sought to get a policy are often found to struggle with the numerous options in the market. Here are some of the ways to avoid the maze and draw a conclusion;

Navigating through the medicare plans

Out of the entire population of United States, almost 95% of the insurance coverage is for the citizens who are 65 years old. A standard American household is known to spend almost 15% of the yearly income on health care and hospital expenses. the Medicare supplement plans are proved to be a great help for the annual household budget. However, a small misguidance may lead to selecting a wrong plan and cost you thousands of money.

To avoid the misguidance and getting the right knowledge on the plans is the key to best Medicare policy.

Know your deadline

In order to avoid the brain freezing circumstances, it is always better to know where you stand. If you are going to turn 65, you are almost eligible to get enrolled in the Medicare supplement plans. Before the open enrolment period lapses, you must get the enrolment cleared. However, if you are registered for employer’s benefit, you cannot get a Medigap unless the employer’s benefit expires.

Fill Gaps

As you know that the Medicare Supplement Plans 2018 are available in ten standardized plans, you must choose the best to fill the gaps of the previous mediocre. The Medigap plans are known to fill the gap between Part A and Part B of the original Medicare. If you have any of this, then find a Medigap plan that covers the remaining expenses as well.

Find a Medicare advantage

If you do not find a good Medigap policy, then you may get enrolled for the Medicare Advantage plans as well. if you are already entitled to Part A Original Medicare, then you can get the rest of the expenses covered under Medicare advantage as well.

Before entitling yourself with  Medicare supplement plans, it is important to understand your basic needs. Whether you are traveling abroad for the medical emergencies or are you living in some other region where the plans are not available. Understanding the necessities is the best possible way to rescue you from the maze of Medicare policies.

Top 7 Things You Should Know About Medicare Supplement Plans

The Medigap plans for 2019 or Medicare supplement plans are something which everyone during their old age go for. If you are still confused, then following are some of the points which can help you in your decision making process:

  1. Medicare Supplement Covers Your Additional Costs

Medigap plans for 2019 cover all the additional costs that the original Medicare doesn’t cover. This includes additional things in part A and B like deductible, copays and coinsurances etc.

  1. Medicare Supplement Has a Special Enrollment Period

Although you can apply for Medigap plans 2019 anytime you want but there is a specific enrollment period which doesn’t charge you extra because of your health conditions provided you are of the age 65 and already are enrolled in part B program.

  1. Medicare Advantages Is Different as Compared to Medicare Supplement

Be careful not to mix these two. Medicare supplement and Medicare advantage are two different things. If someone is convincing you that they are same then turn your back towards them right away. Medicare supplement covers additional costs with part A and B program while advantage also covers problems related to vision, hearing, dental etc.

  1. Medicare Supplement Policies

The Medicare supplement policies cover annual, monthly and quarterly premiums which you pay to the insurance provider. Keep in mind that your insurance broker will not cancel any previous health plans you applied for before opting Medigap plans for 2019.

  1. Doctor

Medicare supplement is available with any hospital or facility or doctor already participating in Medicare. So if you want yourself to be checked by a doctor other than the one you usually choose, you can however keep in mind that the said doctor or facility should be participating in Medicare.

  1. Acceptance

Despite popular belief, you can get guaranteed acceptance in the Medicare supplement programs. There is no specific condition for approval. However, if you want to have proper approval to ALL Medicare supplement plans then it is best to apply within the open enrollment period or guaranteed issue.

  1. Eligibility Criteria

The eligibility criteria for Medicare supplement is only the age limit. In other words, you must be of the age 65 or above if you want to apply for Medicare supplement plans. It is best to start thinking about your Medigap plans for 2019 the moment you turn 60. So by the time you are 65, you will have a clear idea and simple choose your option.

Find out more here https://www.medisupps.com/cigna-medicare-supplemental-insurance-2018/.

Most Common Diseases after 60 and How to Avoid Them

A number of older people are battling with chronic diseases because the risk of developing such diseases increases as you age. There are various factors that are responsible for older adults to develop these diseases such as genetics, gender, and lifestyle etc. While you may believe that it’s impossible to avoid these diseases, there are certain steps you can take to prevent or manage a chronic disease.

Medical expenses are getting higher day by day and Investing in an additional insurance plan is a wise decision for all retirees to take. Retiring will get you enrolled in a Medicare plan but you can top it up with additional Medicare supplement insurance to get extra coverage which regular insurance does not provide. You can look at the Medicare supplement plans comparison to be able to make a sound decision but first, you need to know about some of the diseases which can affect your health after sixty.

Find out about Medicare Supplement plans here http://www.medigapplansguide.com/medicare-supplement-plans-2018.

Alzheimer’s Disease

It is one specific type of dementia that is not a normal part of aging. People having this disease have difficulty to think or problem-solving. It hinders their everyday performance and makes them weak or inactive. While there are many factors like genetics and age which you cannot control, research shows that exercising, sleeping and maintaining a proper diet can slow or prevent the onset of it.

Arthritis

It is a disease that affects the joints, muscles and other tissues. Literally meaning “joints inflammation”, there are many different factors involved in its progression like age, obesity, and genetics etc. Sadly, arthritis has no cure but there are many ways to control its severity. Having a healthy weight, doing sensible exercises like walking, swimming or cycling and physiotherapy exercises also help in controlling the pain.

Diabetes

Diabetes is a serious lingering disease that can lead to severe complications like blindness, gangrene, kidney failure or heart diseases. Research shows that the chances of diabetes increase after 45 so you should be proactive in managing or preventing it. If you have a high BMI (Body Mass Index), you should try reducing your weight. Monitor your calorie intake, avoid alcohol and be physically active. Exercising like brisk walking for 30 minutes daily will keep your blood glucose level normal.

Heart disease

A leading cause of deaths in adults over age 65, it affects more men than women. Heart diseases or strokes have many risk factors including high blood pressure or cholesterol which increases with age. Changing your lifestyle will greatly reduce the development of these high-risk factors. Exercising, maintaining a proper diet and living a stress-free life are all indicators of good health.

Depression

Unlike many other diseases, depression is treatable and the earlier you seek treatment for it, the more beneficial it will be for you in the long run. Depression can greatly affect your quality of life causing many psychological and physical problems like persistent sadness, hopelessness and eating disorders. Talking to your doctor as soon as you notice any of these symptoms is the first step towards recovery. There are various treatment options like anti-depressants and therapy to help you reduce your stress levels and live a happy life.

Everything You Need to Know about Medicare Supplemental plans

With ever-increasing costs of medical facilities, it is becoming increasingly important to get a health insurance plan which actually secures from any kind of unwanted health issues. With a range of insurance policies in the market, it’s not very easy to get one best health insurance for yourself. However, the best way to go about it is to make sure you know the details of what is covered in your plan and the reputation of the company you have your plan with. When we talk of reputation and reach, Medicare is a leading health insurance provider catering to people of different age groups and medical conditions from all across the globe. On top Medicare main health plan which has two parts A and B, it also offers supplemental plans giving you a wider and better coverage.

Get a free quote www.Medisupps.com/medicare-supplement-plans-2019.

What are Medicare supplemental plans?

 

While the Medicare plan covers a lot of things and conditions there are certain medical conditions and benefits which are not covered in the original Medicare health plan. To allow you enhanced health security with their health Insurance plans, Medicare has supplemental plans like Medigap which covers certain hospital expenses and other costs which are not covered by the original Medicare plan.

 

Most people often ask questions about Medigap policy and what they are expected to do at every step. These are few of the questions asked:

Can I switch my Medigap policy?

A 6-month open enrollment period is only what gives you the right under federal law to switch Medigap policies or have right guaranteed issue right as discussed previously.

That does not necessarily mean you can’t switch your plan. You can change policies when your state offers beneficial rules or the insurance company decides to sell you a Medigap policy.

Having a guaranteed issue right or it is not in the Medigap Open Enrollment Period could save you from making a lot of expenses or answering some medical questions.

 

What if I switch and I don’t like my new Medigap policy?

 

Within the first 30days of acquiring a new Medical policy,you can show your dissatisfaction by cancelling it.This particular right is known as your free-look period. The 30 day free-look period starts when you get your new Medigap policy.

After you have come to conclusion to switching, its important you kept your first Medigap policy till you jave kept the new policy. Premium for both would be paid for o e month since this act might be beneficial.So far as you don’t terminate your original policy during the free look period, you have the right to your original plan in case you don’t like the new Medical policy.

In your new Medical policy, you need to notify that you would terminate your first policy so as to enjoy thus benefit. Be sure that you are satisfied with your new policy, then can you call your insurance company to terminate the old policy. As for canceling your policy, you would be guided by the company.

How to Be Financially Savvy in Choosing Medicare Supplement Plans

Evaluating your health insurance is very important but during leisure times, like holidays, doing the evaluation could be difficult. Having agents calling you during your fun periods could be bothersome. For those who own a Medicare Supplement policy, it is important that what is being spent on their health insurance policy is being checked. It is important to save!

With the CAP acronym as a case study, what does it stand for? These are three features of Medical Supplement insurance that give a helping hand in evaluating your policy’s effectiveness. Starting with “C” which means carrier. First check what carrier your policy has. It is obvious that the Medigap has been well formed but it does not stop the different charge rates from place to place and zip codes. You should always have to consult different agents to be able to know what carrier your policy has.

Find out more here medicaresupplementplans2018.com.

The next letter which is “A” stands for Age of Policy. This is how long you have had your policy. Having a particular policy for over 20 years is not advisable because with each passing year, the price increases despite being in good health. Every few years, it is financially savvy to get your rates compared with other carrier rates in your zip code. After buying a  carrier, it is due to be charged after 3 to 5 years. Policy holders get into policies that are less competitive which makes them spend a lot a d unable to save. Make sure you don’t fall victim by asking around to be sure you obtain the ideal policy.

The last letter in the “CAP” which is “P” stands for Plan Type. Plan F is being highly purchased by policy holders because they think it has all they want not knowing about plan G which has all the coverage found in plan F apart from that it does not have the part B deductible. Switching from Plan F to Plan G helps policy holders as they are able to save a lot more  even with Part B deductible. With thus article, one would be full of information on how to evaluate one’s Medicare Supplement Policy and above all, the “CAP” acronym should be used while doing this evaluation so as to help one purchase the best policy.

However, this does not mean that we are the ones to decide for you the health care plan you need. Take for instance, Plan F can be very expensive and when you look at the coverage, you may not be excited to go for it. There are numerous firms that offer insurance in the country. It is your duty to be financially savvy when it comes to choosing your policy.

Ensure that you have done your homework first before picking a policy. The truth is that it is not every policy that is suitable for you.  Suitability is something that you should consider before you pick that juicy policy.

Spend Hassle Free Aged Life with Medicare Supplement Plans

Unquestionably Mutual of Omaha Medicare Supplement Plan G is excellent for a senior citizen. The plans have a number of the offer which is appropriate for 65 years and above aged persons who are suffering from some disease. When basic Medicare policy can’t carry health-related costs, then Medicare Supplement policy aka private insurance gives the opportunity to pay health-related costs. There are a lot of private insurance companies provides this plans which is undoubtedly necessary for aged people. A Medicare Supplement policy is applicable to one; here spouse is not included in this plan.

Need for Medicare Supplement Policy:

Most of the aged person depends on fixed income, and they don’t want to pay extra amount related to health care and in many cases to see that many people can’t bare extra health costs, in that cases Medicare Supplement Plans helps to covered health care costs which Original Medicare policies are disabled to pay the costs. Medicare policies carry on the major portion of charges or all of the previous Medicare charges later than the pay of preliminary policy.

Plan ‘F’ – The Ultimate Helpful:

Plan F is one of the most popular and expensive plans to cover physicians and hospital costs which are overloaded, and it is applicable to covers after Original Medicare (Part A and Part B) has already paid its part. People are interested in this plan when they are highly facilitated by this plan. They have not to carry to pay any extra medical expenses and hospital and physicians costs as well.

Guaranteed Renewal Process:

If any person suffering from health problem due to persistent disease, then they don’t need to worry because all Medicare Supplement Plans have guaranteed renewable system and an insurance company has no authority to cancel this plan if premium payments are continued and in time. The policy will automatically be renewed every year, and it is the big advantage of this plan.

Medigap for retired persons:

A Medigap policy is always helpful for a retired person, a retired person needs to protect their savings, and this policy is helpful for them when they suffer from major health-related issues this policy can cover up their crisis period. Medicare Supplement Plans is one of the most suitable plans, and it is always necessary for every person who is already 65 years and above.

It also depends upon enrollment date and time, the insurers have a responsibility to take care of your health, and they are liable to provide service. Health-related issues are major and on top-priority, in this situation insurer does not have any right to charge you for higher premiums.