Medicaid versus Medicare – FAQs

I always get Medicaid and Medicare confused – Can you tell us the difference? Distinguishing between Medicare and Medicaid can be confusing, but there are several key differences between the two. Medicare: Generally, Medicare is available for people age 65 or older, younger people with disabilities, and people with End-Stage Renal Disease (permanent kidney failure… Read More »

What is the Difference Between Original Medicare and Medicare Advantage?

There is a significant amount of mystery and misunderstanding about the differences between Original Medicare and Medicare Advantage that can be harmful when seniors and individuals who are eligible for Medicare consider what plan is best for them. What is Medicare? Medicare is a federal government health insurance program that gives you health care if… Read More »

What to know for Medicare Fall Open Enrollment?

It is that time of year again – Fall Open Enrollment for Medicare.   Fall Open Enrollment, also referred to as the Annual Coordinated Election Period, runs from October 15 through December 7. During this period you can join a new Medicare Advantage Plan or stand-alone prescription drug plan (Part D) for the following year…. Read More »

2019 Medicare Figures

This update provides new Medicare figures for 2019. Medicare Part A: Hospital Services Inpatient hospital deductible $1,364/illness Daily co-insurance $0/day 1-60 $341/day 61-90 $682/day 91-150 Skilled Nursing Facility (SNF) Daily co-insurance amount $0/day 1 – 20 $170.50/day 21 – 100 Part A Premiums for those not otherwise entitled to Part A benefits who purchase Medicare… Read More »

Have you received your new Medicare Card yet?

Medicare recipients who reside in New York should keep an eye out for their new Medicare card. In an effort to prevent fraud, and fight identity theft, the federal government is issuing new Medicare cards to all Medicare beneficiaries that will no longer have Social Security numbers on them. The federal government began mailing the… Read More »

Join Us For An Upcoming Seminar: How to Qualify for Medicaid and Protect your Assets

Date: Aug 15, 2018 Time: 10:00 AM – 11:30 AM Location: Alzheimer’s Disease Resource Center Address: 45 Park Avenue, Bay Shore, NY 11706 Join Frank L. Buquicchio, JD, CELA, CAP for this Free Educational Seminar and Learn: How to Access Quality Long Term Care How to Pay for Long Term Care How to Protect your Assets and Income… Read More »

2018 Medicare Figures

This update provides new Medicare figures for 2018. This is the first of a four-part series of updates for 2018. Medicare Part A: Hospital Services Inpatient hospital deductible $1,340/illness Daily co-insurance $0/day 1-60 $335/day 61-90 $670/day 91-150 Skilled Nursing Facility (SNF) Daily co-insurance amount $0/day 1 – 20 $167.50/day 21 – 100 Part A Premiums… Read More »

Does Your Spouse Share Your Goals for Retirement?

Couples in their 60s may be found discussing upcoming vacations, their children and potential home improvements.  However, there is one vital subject that is often ignored: their future retirement.  Failing to discuss important details of retirement such as, where and when you’ll both retire can cause serious financial and marital problems. In a 2015 fidelity… Read More »

Do I Qualify for Supplemental Security Income?

Social Security is a retirement benefit for individuals who are working and contributing to the social security system. However, it also has a benefit for disabled workers and disabled individuals. Supplemental Security Disability Social Security Disability (SSD) is a plan that functions under the Social Security umbrella. If you’ve contributed to the Social Security system,… Read More »

Medicare 2017 Figures

This update provides new Medicare figures for 2017. This is the first of a four-part series of updates for 2017. Medicare Part A: Hospital Services Inpatient hospital deductible $1,316/illness Daily co-insurance $0/day 1-60 $329/day 61-90 $658/day 91-150 Skilled Nursing Facility (SNF) Daily co-insurance amount $0/day 1 – 20 $164.50/day 21 – 100 Part A Premiums… Read More »