Can I Have Both Employer Insurance and Medicare?

When signing up for Medicare, some people have other insurance, such as coverage from a current employer, or retiree’s or military insurance. Beneficiaries of Original Medicare or Medicare Advantage may keep their additional coverage, as the providers work together to...

Does Medicare Cover Physical Therapy?

Physical therapy helps elders recover from injuries and illnesses, manage chronic conditions, and prevent future injuries. It can be an essential component of health care for older adults. Medicare covers physical therapy (PT) when it is medically necessary to treat a...

What Is Memory Care, and What Are Its Benefits?

Memory care is specialized care for patients living with Alzheimer’s disease, dementia, or other conditions that cause memory loss. Hospitals and nursing homes may have memory care units or a separate entity dedicated to this service. Memory care provides seniors with...

Should an SSI Recipient Refuse an Inheritance?

Supplemental Security Income (SSI) beneficiaries must comply with very stringent income and asset rules to receive benefits. One such rule is the resource allowance limit: A single SSI beneficiary may have only $2,000 of countable resources (for a couple, $3,000)....

ABLE Account Age Adjustment a Bright Spot in Omnibus Passage

The Senate and House have cleared the passage of a year-end $1.7 trillion appropriations bill that will affect people with disabilities on several fronts. The bill, which runs more than 4,000 pages and includes a wide variety of legislation, heads to President Biden...

What Is IRMAA, and How Does It Affect My Medicare Premiums?

As we near retirement, we may assume that once Medicare kicks in, our medical insurance premiums will be fixed. However, many people may not realize that there are special rules regarding how much they pay for Medicare Parts B and D if they are in a higher income...

Medicare Part B: Coverage Outside of a Hospital

Medicare Part B is federal health insurance for the medical needs of people 65 and older and individuals with certain qualifying disabilities. Generally encompassing outpatient medical care, Part B coverage includes medically necessary doctor’s services, preventive...

The Benefits of Continuing Care Retirement Communities

Many options are available for those planning where to live and receive care during their retirement years. Independent living communities are for healthy, active older adults. Assisted living facilities suit those who need help with activities of daily living, such...