Blog
By: Chris Grimmond • On: April 7, 2022
The red, white, and blue Medicare card has changed. It is the new and improved Medicare card. The one complaint that I have heard over the years repeatedly is that the Medicare card has ‘my social security number on it.’ The Medicare claim number, as it is called, is your social security number with an […]
The Beginner’s Guide to Understanding Your Medicare Coverage Choices
By: Chris Grimmond • On:
I remember when the hospital staff explained my mother’s Medicare coverage to me. I kept asking, “What does Part A cover? How is Part B different?” I couldn’t remember anything. I’m sure the stress of my mother dying had a lot to do with it, but it seemed like I was a child going back to […]
Medicare Health Screenings You Should Consider Yearly
By: Chris Grimmond • On: April 6, 2022
Medicare Wants You To Live A Healthy Life Medicare will be a different health insurance experience than when you were on your employer’s health plan. Many employer health plans try to reduce how often you use the program to keep down costs. In contrast, Medicare understands that more health issues arise in the Medicare age […]
How to Choose A Medicare Plan: 7 Things to Consider
By: Chris Grimmond • On:
When you speak of “Medicare plans,” that is the terminology for a Medicare Advantage plan. Medicare Supplements or Medigap policies are private insurance that works with Medicare, but Part C/Medicare Advantage (MA) plans are “Medicare plans.” So, let us consider important factors when reviewing Medicare plans. How do I choose a Medicare Plan? How do […]
Honest Pros and Cons of Buying Medicare Insurance
By: Chris Grimmond • On: April 5, 2022
You are eligible for Medicare insurance at age 65 when you have worked at least 40 quarters and paid the FICA (Federal Insurance Contributions Act – U.S payroll tax deducted to fund the Social Security and Medicare programs). Medicare tax is included in the FICA or payroll tax that comes out of your paycheck each pay […]
Reasons to Pay Attention to Medicare Open Enrollment
By: Chris Grimmond • On: April 2, 2022
Medicare is a federal government program. Like anything government program, there are lots of rules and regulations. Medicare Open Enrollment has rules. Inattentiveness to those rules may result in unwanted penalties and painful costs. What is Medicare Open Enrollment? Open Enrollment Period, now called Annual Election Period (AEP), is from October 15th–December 7th. You can […]
By: Chris Grimmond • On: March 30, 2022
What is Medicare Fraud? The Medicare Fraud definition is knowingly collecting money from the Medicare program when you are not entitled to the reimbursement. Fraud occurs when someone knowingly deceives Medicare to receive payment when they should not, or they receive a higher payment than they should. The three keys to a definition of Medicare […]
Ways Medicare Is There for Your Mental Health
By: Chris Grimmond • On: March 24, 2022
Mental Health Among 60+ Older people on Medicare face unique physical and mental health care challenges which need to be recognized. Over 20% of adults aged 60 and over suffer from a mental or neurological disorder (excluding headache disorders). Mental and neurological disorders among all disabled people over 60 years old are 6.6%. These disorders […]
By: Chris Grimmond • On: March 13, 2022
IRMAA Tax Definition Many of you may see the letters IRMAA when learning about Medicare. The government loves acronyms. IRMAA stands for Income-Related Monthly Adjustment Amounts. It is based on a person’s modified adjusted gross income (MAGI). The IRS uses a tiered scale. Your Medicare Part B and Part D premium will cost more based […]
How Do You Find the Best Medicare Insurance Agents?
By: Chris Grimmond • On: March 1, 2022
There is no full-proof way to find the best Medicare insurance agent out there. Still, you can separate a lot of wheat from the chaff by asking a few key questions. How Many Medicare Clients Do You Have? I recently had surgery. When I met with the surgeon, I asked how many times she had […]
