Choosing a Medicare plan can be daunting at first, especially if you’re not sure what you really need and don’t need. While it’s not always a bad idea to listen to family and friend’s advice on what plan to choose and what to look for—especially if they themselves are also retirees, but if you want… Continue Reading 3 Tips To Get The Most From Medicare
Retiree Benefit News
The Cost of Insulin is Soaring
The Cost of Insulin The cost of prescription medications is rising according to NPR and many other institutions that have documented the phenomenon. The price of insulin had doubled between 2012 and 2016, and it has continued to trend upwards. What is Insulin? Insulin is a hormone that is produced in the body by your… Continue Reading The Cost of Insulin is Soaring
RDS vs EGWP Coverage
What is an EGWP? The Employer Group Waiver Plan is an economical way for organizations to offer prescription drug coverage to retirees. Medicare Part D is a federal program that allows private companies to offer retail prescription drug coverage to Medicare recipients. The vendor of the EGWP offers a subsidy to the employer not based… Continue Reading RDS vs EGWP Coverage
Senior Retirement Checklist
The Social Security Administration states that full retirement age is between 65 and 67—depending on what year you were born. It is important to know the dates because depending on when you claim social security benefits impacts how much you will receive. If you were born before 1937 then your retirement age is set at… Continue Reading Senior Retirement Checklist
Tips For Choosing a Medicare Part D Plan
Currently, approximately 15% of the population, or about 44 million people, are enrolled in the Medicare program. Consider how Baby Boomers—born between 1946 and 1964 area reaching retirement age at a staggering rate. Because of the sheer amount of people in that age bracket there are, they are set to receive social security and be… Continue Reading Tips For Choosing a Medicare Part D Plan
Top 4 Hobbies For Retirees
After a lifetime of work, many retirees find themselves lost when trying to decide how to spend their time. From a very young age, we are funneled into the school system, and after a decade and some change, we go off into the workforce. In other words, for many people, there has always been some… Continue Reading Top 4 Hobbies For Retirees
