Hey old farts..how many over 50 yrs?

BarnBuster

BarnBuster

Virtually Unknown Member
Hospital patients who need additional care after being discharged from the hospital are usually sent to either an inpatient rehabilitation facility (IRF) or a skilled nursing facility (SNF). Although these facilities may look similar from the outside, Medicare offers very different coverage for each. While you may not have complete say in where you go after a hospital stay, understanding the difference between the two facilities can help you advocate for what you need and know what to expect with regard to Medicare coverage.

https://attorney.elderlawanswers.com/newsletter/actions/view-article-new/c/25309/id/9546

1 In 6 Insured Hospital Patients Get A Surprise Bill For Out-Of-Network Care

https://khn.org/news/1-in-6-insured-hospital-patients-get-a-surprise-bill-for-out-of-network-care/?utm_campaign=KHN: Daily Health Policy Report&utm_source=hs_email&utm_medium=email&utm_content=73877862&_hsenc=p2ANqtz-__79NuOZTPQkp29vDNEJRcf04KG34oRRojlJ3_WQJ6iFq-g1Vu2fyQCnjQNjMKGUd_fXca0RqLtdsCA48lW9hOvxhFbA&_hsmi=73877862
 
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BarnBuster

BarnBuster

Virtually Unknown Member
If you'll reach age 65 after this year, be aware that the lineup of Medicare supplement insurance policies — aka Medigap plans — will look a bit different beginning in 2020.

While the options will remain the same for people who turn 65 before Jan. 1, those who hit that Medicare-eligible age after this year will face fewer choices.

Due to a 2015 change in federal law, coverage for Medicare's Part B deductible — $185 for 2019 — no longer will be permitted in Medigap policies sold to people who are newly eligible for Medicare starting next year. (Part B covers doctor's visits and other outpatient therapy, along with durable medical equipment such as wheelchairs and walkers. Part A provides hospital coverage.)

This change means the two Medigap plans that pay the annual Part B deductible — C and F — will be off the table for future 65-year-olds.

"Anyone who turns 65 before Jan. 1 can still enroll in Plan C or F even after that date," said Elizabeth Gavino, founder of Lewin & Gavino in New York and an independent broker and general agent for Medicare plans. "This only affects people who turn 65 after this year."

And, if you already have one of those Medigap policies, you can keep it and nothing about it will change, Gavino said.

Medigap plans, which are sold by private insurance companies, help cover cost-sharing aspects of original Medicare — Parts A and B — including copays and coinsurance.

However, Medigap policies can only be paired with original Medicare. In other words, if you choose to go with a Medicare Advantage Plan, you cannot purchase a Medigap plan. Also, these policies provides no coverage for costs associated with Part D prescription drug coverage.

https://www.cnbc.com/2019/06/26/medigap-changes-coming-next-year-for-future-65-year-olds.html
 
BarnBuster

BarnBuster

Virtually Unknown Member
It appears you are now able to pay your Medicare premium online via credit card. Typically for most people, the Social Security Administration will automatically deduct the Medicare premium from your monthly SS benefit if you are enrolled in Medicare Part B and are collecting SS. If you are enrolled in Part B but not yet collecting Social Security, you are billed quarterly by Medicare. You either had to fill out a form manually and mail with a check or your CC#. You could also have the amount deducted from your bank account savings/checking automatically by filling out some forms which I was reluctant to do. I just saw this new info and haven't used it yet so I'll let you know how it works. bb
 
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too larry

too larry

Well-Known Member
BarnBuster said:
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"According to the poll from The Associated Press-NORC Center for Public Affairs Research, 23 percent of workers, including nearly two in 10 of those over 50, don't expect to stop working. Roughly another quarter of Americans say they will continue working beyond their 65th birthday."

https://www.cbsnews.com/news/nearly-one-quarter-of-americans-say-theyll-never-retire-according-to-new-poll/
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My boss and coworker will both work until they die. I'm the low man on the pay scale around here, and the only one with any money.
 
Moldy

Moldy

Well-Known Member
JohnDee said:
Turned 70 this year...still puffin'
JD
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Yeah, I just had my 70th. Congrats! It's just a number but shit, never planned on living past 60, I should be dead from all the chemicals (for fun and professionally) I was exposed to. All kinds of plastic fumes, fiberglass and asbestos, NO2, other inhalants I can't pronounce or spell, and of course, alcohol and nicotine along with your average line up of hallucinogens.
 
JohnDee

JohnDee

Well-Known Member
Moldy said:
Yeah, I just had my 70th. Congrats! It's just a number but shit, never planned on living past 60, I should be dead from all the chemicals (for fun and professionally) I was exposed to. All kinds of plastic fumes, fiberglass and asbestos, NO2, other inhalants I can't pronounce or spell, and of course, alcohol and nicotine along with your average line up of hallucinogens.
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Hi Moldy,
Nice to meet another oldster. My Dad (may he RIP) had a sign on his shop wall. "If I knew I was gonna live this long...I would have taken better care of myself"

Now I really understand that sentiment.
JD
 
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