Medicare Costs

Is Trump going to blow up Medicare?

With the rapid-fire changes coming out of the Trump administration since January, many of our clients are worried.

"Will Medicare still be there in a year... or even six months from now?" "Is Medicare Advantage going to take over?" "Should I make changes to my retirement plans and get Medicare now, rather than wait?"

Do I have to respond to my IRMAA notification in 10 days?

In the IRMAA notification letter, the requirement to respond within 10 days specifically applies , “This notice does not contain appeal rights but will invite beneficiaries to contact SSA within 10 days if the beneficiary believes the information is incorrect before SSA applies IRMAA (e.g., SSA used PY-3 data and the beneficiary has a copy of the Federal income tax return filed for PY-2).

Baby Boomers are Largely Ignoring Their Potential Need for Long-Term Care

According to a recent study, just 18% of Baby Boomers are placing a high priority on planning for receiving nursing or long-term care during retirement. Yet, in the same group of people, 45% expected they would need long-term care at some point.