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Medicare & COVID-19 Vaccines – What You Need to Know

Medicare & COVID-19 Vaccines – What You Need to Know

Medicare covers the cost of being vaccinated against COVID-19 for all FDA-authorized vaccines. You will not owe a copay or deductible, and you cannot be charged for being vaccinated against this deadly virus. If you have not yet been vaccinated, or you were charged to get the injections, your provider may have delivered other services or may have made an error by charging you for...

5 Employee Retention Strategies for 2021

5 Employee Retention Strategies for 2021

2020 and 2021 have brought a new set of challenges to employers – and their workers. Unless your business delivered essential services, it is likely that most of your employees worked from home. While many businesses have "weathered the storm" and will return to doing business as usual, others are facing larger challenges. The power has shifted from employer to the workforce, with hundreds of...

Does Medicare Pay for Nursing Homes?

Does Medicare Pay for Nursing Homes?

There may come a time in the life of an elderly person when a nursing home is the best option. Many older persons are living with a range of age-related conditions that must be managed professionally. Medicare offers some strong advantages for senior healthcare, but not all Medicare plans will help cover the cost of placing your relative in a nursing home. Original Medicare and...

An In-Depth Look Into Employer 401(k) Contribution

An In-Depth Look Into Employer 401(k) Contribution

You are fortunate if you work for a company that offers a 401(k) plan as part of its benefits package. Most plans allow employees to start contributing tax-deferred dollars toward retirement with the first paycheck. Many employers provide matching contributions right away, although some require a year of service before employer matches begin. How do your employer’s 401(k) contributions measure up to other plans? The...

Do I Need More Insurance If I Have Medicare?

Do I Need More Insurance If I Have Medicare?

If your income is very low, you may not need more health insurance than Medicare. Low-income individuals who are eligible for Medicare may also qualify for Medicaid – a joint federal and state low-income assistance program. For people who have both, Medicaid will pick up where Medicare coverage leaves off. Full Medicaid beneficiaries can receive dental, vision, long-term care, and other services Medicare does not...