Does my income affect my monthly premiums for Medicare?

It can. If you are what Social Security considers a “higher-income beneficiary,” you pay more for Medicare Part B, the health-insurance portion of Medicare. (Most enrollees don’t pay for Medicare Part A, which covers hospitalization.) Medicare premiums are based on your modified adjusted gross income, or MAGI. That’s your total adjusted gross income plus tax-exempt interest, as

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source https://insr4u.com/does-my-income-affect-my-monthly-premiums-for-medicare/

Estate planning milestones for 2019

Whether you already have a will or have yet to begin creating one, it’s important to be proactive about estate planning by covering a few basics in writing. To get started, resolve to tackle the following tasks this year. Step 1: Assign a health care power of attorney.  Anyone can suddenly have an accident or

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The post Estate planning milestones for 2019 appeared first on Just Us Insurance.

source https://insr4u.com/estate-planning-milestones-for-2019/

Medicare Plans May Cover More Than You Think

3 Things Medicare May Pay For What is most surprising about Medicare in today’s world is that there are actually a number of underutilized benefits that come with this health insurance coverage. Senior care can be rather complex and include medications, procedures, hospital stays and therapies, just to name a few. Yet, many worry about

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The post Medicare Plans May Cover More Than You Think appeared first on Just Us Insurance.

source https://insr4u.com/medicare-plans-may-cover-more-than-you-think/