by PTT Financial | Dec 23, 2019 | Articles for Consumers, Medicare
The fall annual election period for Medicare is over, but a new enrollment period is starting soon. This year, the Medicare Advantage Open Enrollment Period may give beneficiaries a much needed second chance to pick the right coverage for 2020. If you’re unhappy with...
by PTT Financial | Nov 26, 2019 | Articles for Consumers, Medicare
The annual cost-of-living adjustment (COLA) means that retirees will be getting bigger Social Security retirement benefits in 2020. Before you start celebrating the windfall, however, it’s important to consider two things. One, the increase is only 1.6 percent. Two,...
by PTT Financial | Nov 19, 2019 | Articles for Consumers, Medicare
If you have a health savings account (HSA) and you’re turning 65, beware. Although HSAs are often used for retirement savings purposes, Medicare enrollees cannot contribute to HSAs. Here’s what you need to know about enrolling in Medicare and using your HSA. HSAs –...
by PTT Financial | Nov 7, 2019 | Articles for Consumers, Medicare
Do you need some extra help? Low Income Subsidies (LIS), also called Extra Help, are available to help qualifying Medicare beneficiaries afford the costs of prescription drugs. To qualify for Extra Help, you need to meet the LIS resource limits. The LIS resource...
by PTT Financial | Oct 24, 2019 | Medicare
It’s no secret that prescription drugs can get expensive. To ensure that you can afford your medicine, it’s important to pick the right insurance coverage for your unique needs. When comparing Medicare plans, you can do this by creating a drug list in the Medicare...
by PTT Financial | Oct 2, 2019 | Articles for Consumers, Medicare
As you know, prescription drugs are expensive. If you’re over 65 or you have a qualifying condition, however, you can get some help with that. Thanks to Medicare Part D, some of your medications may be paid for. Medicare Part D plans, like any other part of...
