NEW YORK (AP) — Tens of millions of older Americans will see a modest increase in benefits this January when a new cost-of-living adjustment is added to Social Security payments. The 3.2% raise is intended to help meet higher prices for food, fuel, and other goods and services. The average ...
Question: I get a lot of phone calls and mail from companies offering to pay my Medicare Part B. Is that available to me, I have a high income? Answer: Happy Insurance Season! This time of year, from October to December, every year individuals with Medicare receive mail and phone calls advertising all the different insurance products available. Each year the marketing of Medicare Advantage Plans seems more and more aggressive. There are even TV programs and TV channels dedicated to the Medicare Advantage Plans. Almost every insurance company offering Medicare Advantage Plans has ...
On October 7, Chautauqua County Office for Aging Services and the American Society on Aging celebrated Ageism Awareness Day. This day provides an opportunity to draw attention to the existence and impact of ageism in our society. We live in an aging society, but unfortunately too many of us view aging in a negative light. We are all growing older and we cannot afford to limit ourselves and others with such negative and harmful views, and why would we want to? Look at these quotes from several famous people about growing older. Maggie Kuhn, Co-founder of the Gray Panthers stated, ...
Assisted living. Nursing home. Skilled nursing. There are lots of names for facilities that provide care to those who can no longer live safely at home, but these terms aren’t synonymous with one another. If you’re researching the right place for yourself or a loved one, make sure you ...
Estate planning sounds lofty. However, here is one thing to keep in mind- we are all different. Estate planning is looking at your goals, your assets, and your family/support structure makeup in order to make plans now and for the future. You do not have to have scads of items or have big homes and properties to take a look at this aspect of planning at ever age and stage of your life. October is national estate planning awareness time. The third week in October has this designation. It is a reminder for all of us about the power of planning. Certainly, we have all heard if you fail to ...
Question: I just got my ANOC in the mail. What is an ANOC? Do I have to keep it? Answer: During the next few weeks of September, you will be receiving mail from your Medicare insurance company informing you about the 2024 coverage for your plan. These notifications are called the Annual Notice of Change (ANOC). The company that you currently have must inform you about the changes for the new year for YOUR plan before September 30. This ANOC is your opportunity to learn about how your insurance coverage may be changing. I do recommend keeping this notification and keep watching for ...
