Fiduciary Blog

The Centers for Medicare and Medicaid Services (CMS) recently announced the 2018 Medicare Part B premiums.  In addition, the Medicare Part A deductible and coinsurance amounts, and Part B deductible were released.  Check out the summary below: Medicare Part B Premiums Those who have been "held harmless" from higher Part B premiums in the last two years...

On September 14, 2017, CMS (Medicare) revealed its new Medicare card design.  Instead of using a Social Security number as the Medicare identification number, Medicare will now use a random 11-character mix of numbers and capital letters.  As per the CMS...

On November 10th, the Centers for Medicare and Medicaid Services (CMS) officially announced the 2017 Medicare Part B premiums.  In addition, the Medicare Part A deductible and coinsurance amounts, and Part B deductible were released.  Check out the summary below: Medicare Part B Premiums Those already receiving Social Security retirement benefits who...

The Health Savings Act of 2016 (H.R. 4469) was introduced in the U.S. House of Representatives on February 4th, 2016 by Rep. Erik Paulsen of Minnesota.  The bill's summary and full text can be accessed here.  So, why is this relevant?  Because this proposed bill has...

You've worked 40+ years to prepare for retirement, and are now 66 years old.  You're still not ready to hang it up, though.  You may even work to age 70, if you can physically.  But you decide to begin receiving your Social Security retirement benefits, as you are now at Full Retirement Age (FRA), and your income won't reduce your Social Security benefits.  No problem,...

On November 10th, the Centers for Medicare and Medicaid Services (CMS) officially announced the 2016 Medicare Part B premiums.  In addition, the Medicare Part A deductible and coinsurance amounts, and Part B deductible were released.  Check out the summary below:   Medicare Part B Premiums Remember that those already receiving Social Security...

On October 30th, the Senate approved the House-passed budget/debt ceiling limit deal (H.R. 1314).  President Obama is expected to sign the bill into law this week.  This bill avoids a default and government shutdown, but the Medicare premium updates and Social Security benefit changes are quite possibly the most important to the average...

Each year, the Medicare Annual Open Enrollment Period (AEP) runs from October 15th through December 7th.  This is the special time frame when Medicare beneficiaries have the option to make changes to certain types of Medicare health insurance plans.  Any changes made during AEP will take effect January 1st of the upcoming year (January 1st,...

It can be very easy to make mistakes when becoming eligible for Medicare.  Medicare enrollment is incredibly time-sensitive, so that’s why it’s important to be fully informed on your options. Here are the most common Medicare misconceptions we see on a regular basis that can cause trouble for...