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Ray’s Retire Right Report – October 2024
Download a Printable Copy of the Newsletter HERE
Ray’s Retire Right Report – September 2024
Download a Printable Copy of the Newsletter!
5 Hallmarks of a Trustworthy Agent
Are you suspicious of insurance agents? You should be! There are a lot of fishy characters out there – so I have no problem explaining to folks what they should look for in an agent. Brandon Barrett – the owner of The Barrett Agency in Indiana came up with this list. I think […]
Surprising Changes to Medicare’s Coverage
My brain is boggled by the medical technology world. Can you imagine being born blind and then being able to see? Or becoming a quadripalegic being able to walk again? Elon Musk’s company Neuralink is rolling out a new nervous system implant that could accomplish these dreams and many more (treat depression, dementia, Parkinson’s?). A […]
“Smoothing” – What You Need to Know About Changes to Part D
I recently found a new word used to describe changes being made to Part D: “smoothing.” What does this mean? (And no – it’s not a delicious concoction of blended fruits and juice) 😋 The Center for Medicaid and Medicare Services (CMS) recently released draft guidance for the Medicare Prescription Payment Plan, part of the Inflation Reduction […]
Your Medicare Card Will Not Just “Show Up”
I recently got a comment on one of my posts about signing up for Medicare: Here’s the paraphrase: “What is there to sign up for? Doesn’t Medicare just send you a card when you turn 65?” Sadly, if you are turning 65 (and not on Social Security yet), and you are waiting for your Medicare […]
Ray’s Retire Right Report – August 2024
Download a Printable Copy of the Newsletter!
Are Medicare Advantage Plans “Bad”?
I’ve talked to several clients recently and fielded this common question: Are Medicare Advantage plans bad? **(If you’re not familiar with Medicare Advantage plans, they are Medicare plans offered by the private sector. The federal Medicare program heavily subsidizes them, and they often “bundle” Parts A, B, and D of Medicare into one plan).** I […]
5 Simple Ways to Save Money on Medicare
Have you ever heard of “Occam’s Razor”? It’s a principle that suggests when you have multiple explanations for something, the simplest one is usually the best. For example, if you hear hoofbeats, think of horses, not zebras. I like to take the same approach with Medicare. Why make things complicated when they can be simple?? Here […]