Medicare Supplement and Medicare Advantage — Do You Know the Difference?

Do you know anyone turning 65?  Do you know anyone 65 or older who would like help figuring out which insurance options make the most financial sense for them?

Supplements cover medical expenses that basic Medicare doesn’t.  Advantage plans replace the basic Medicare plan and add additional coverage features.

Everyone needs one of these options, and they need not cost a fortune.  However, the choices aren’t one-size-fits-all, and the prices vary between carriers.  It can be confusing.

I can help.  Have them call me.

Boomers: Living Longer but with Poorer Health

In the past, living longer was associated with having better health in one’s older years.  A new study by researchers at the University of Southern California indicates that this relationship is no longer true.

The study analyzed the increase in life expectancy among Americans between 1970 and 2010.  In turns out that most of the increase in life expectancy is in the time that an individual suffers from a major illness or disability.

That finding links the increase in life expectancy with a dramatic increase in healthcare costs.  However, there have been no changes in government funding of Medicare or Social Security Disability to match the change in need.