Working as a retiree

Retirement does not necessarily mean that you have to completely stop working. Recently, there has been a trend in the U.S in which a lot of seniors who already retired, choose to continue working, because they really love what they do or they want to have an extra income. If you are thinking about working as a retiree, in this article you will find some advice about it so you can decide if it is actually for you.

       Try phased retirement

In case you don’t want to stop working immediately, but you do want to be work-free in the future, phased retirement may be an option for you.

Being a person who has worked in a company for years, means that you have a lot of experience and knowledge. A lot of employers often do not want to lose employees with these characteristics, because it usually means replacing you with someone not as experienced as you.

Some companies prefer to offer “phased retirement” and even though it is not an option everywhere, more employers are adding this option for their senior workers. Phased retirement means that you will gradually leave your work by having to work less. This may be through fewer work hours, less work days per week, longer vacations and/or fewer responsibilities. You can also become the mentor of a new employer while working, so they are ready to take your place once you leave.

Talk to your boss and ask him if there is a way in which you could do this. This way, you will still contribute to your future Social Security benefits, you will keep saving money for retirement and you will have less workload at the same time.

Consider the pros and cons

After you retire, you may be able to find another full-time or part-time job, but consider pros and cons before you make your decision.

Of course, you will have an extra income and you will not depend entirely on Social Security or pensions. You also keep yourself active, as you will still have a routine, you will socialize at work, meet new people and feel like you have a purpose.

However, take into consideration that working also comes with some expenses and you will have to pay for income taxes. Make a budget after taxes and consider expenses like transportation, clothing and meals. This way you will see if it is worth getting that new job.

Be extremely careful if you are considering working as a retiree before your full retirement age. Remember you will have to completely pay for your health care costs and finding a new job with a good health insurance or program can be difficult.

Also, many pension plans calculate what you will receive in the future based on your salary while you were working, so if you decide to trade the position you have nowadays with a part-time job that pays you less, you will affect the amount of money you will receive for your pension.

If money is not your main concern, try volunteering!

      Giving back to society is often a reason why a lot of seniors keep working as retirees. You can work in your community or volunteer for a social project that helps people that need it.

This way, you may not receive a lot of money or any money at all, but you will feel satisfied with what you are doing, you will meet a lot of new people and you will have a good reason to get out of your house.


Find out about Medicare supplement insurance here

How Does Medicare Work

Medicare is a government program open to seniors 65 years or more established or to certain incapacitated Americans. It has different segment programs that cover various individuals.


As a rule, Medicare beneficiaries are in the low center wage to low wage levels. Since they have restricted means, these beneficiaries regularly think that its difficult to pay for every one of their drugs so they will either skip taking the medication or skip on foodstuffs or other life’s basics.


To help mitigate this specific issue, the government has a few assets accessible to Medicare beneficiaries. For instance, the Social Security Administration says,


“Medicare recipients can qualify for Extra Help with their Medicare doctor prescribed medication plan costs. The Extra Help is assessed to be worth about $4,000 every year. To qualify for the Extra Help, a man must get Medicare, have restricted assets and salary, and dwell in one of the 50 States or the District of Columbia.”


There are joins toward the finish of this article you can use to peruse the full insights about this program. Exploit all the data they give.


Trust it or not, the government needs every beneficiary to get every one of the benefits they merit. They urge individuals to discover and select in government, state, neighborhood and private programs that assistance pay for physician endorsed drugs, service charges, dinners, human services and different needs.


For instance, individuals who require enable paying for nourishment to can select if the Supplemental Nutrition Assistance Program (SNAP). The national government has renamed the previous elected Food Stamp Program. SNAP helps low-wage people and families purchase the sustenance they have to keep up great wellbeing.


Their opening section wholes up their central goal thusly:


“There are programs that assistance a huge number of individuals with Medicare spare cash every year. States have programs for individuals with restricted salary and assets that compensation a few or the greater part of Medicare’s premiums and may pay Medicare deductibles and co-insurance.”


Visit this site and tap on your home state and see what is accessible to you. Ideally, you hit the big stake and get all the guide you merit.


Basically on the grounds that you are a low wage or destitution level wage individual doesn’t mean you are without means or assets. The above programs are set up to profit you and ideally make your life somewhat less demanding.  You can also get a supplement plan to help with the cost. It is good to learn more about Medicare Supplement Plans 2018.

4 reasons why you should renew Medigap

Having a health insurance has become one of the main needs of all people around the world. It is very important for those who know that this is what will save their lives when they are faced with an emergency situation which requires activating their insurance to cover all expenses that arise.

However, it is not a secret to anyone that when you get to deal with the insurance advisor he will explain that the policy will not last a lifetime but has a validity which varies depending on the plan, but usually lasts a year. That is why you should always be aware of the months in which your insurance is going to expire.

Even so, there is a great option that the experts recommend with regard to the Medicare Supplements Plans so you can continue having them. We are talking about the renovation. Yes, as you read it. When you buy which Medicare Supplement Plans 2019 you have the option to renew it when it is about to expire and today you will know 4 reasons why you should do it.

  1. Greater Coverage

When you renew your Medicare Supplements Plans you will extend the coverage of your initial plan for much longer, so you will have the opportunity to be much more protected for longer so that when you are caught by an emergency you are not so disoriented. In addition to that, they may give you an extension larger than the year with which you started.

  1. New Benefits

When you go to the offices to renew your policy of any Medicare Supplement Plan, the advisor will welcome you with open arms. During this appointment, you will see that with this renewal you will not only get the initial benefits of when you acquired Medigap for the first time, but you will also have new ones which will be much better.

Among these benefits, you can find co-insurance payments and new monthly premium amounts that will be much more affordable than any other previous amount. All this you can only know when you go to renew your Medicare Supplement Plan.

  1. 3. Data Update

Just at the time you renew and sign the new contract, you must update your data and this is one of the biggest advantages you can find. Because of the fact that in a year many things can change in your life. From some writing error in the initial policy to something new that you want to adhere to your information, you have the opportunity to do it when you go to renew.

  1. Extension of everything you had

The biggest advantage that people see in the renewal of Medicare Supplements Plans is that they can continue to have the initial benefits with those who fell in love with this entire health program. Most retirees always choose to renew because of this because they feel totally safe.

Now that you know the reasons why you should renew your Medicare Supplement Plan, What are you waiting to go to your insurance advisor?


Types of Exercises for Seniors

The prospect of regular exercise can be the difference between living an independent life and being in a need of someone else to take care for you. This is especially important in the case of the elderly people. However the concept of staying active is broad and nonspecific. That is why, a more detailed instructive approach is needed.
According to various fitness experts, there are a specific exercising areas that can be beneficial for the health of the seniors.

The aging process is characterized with significant Muscle loss. A strength exercise  program can be a unique way to combat the ongoing process of muscle loss. The muscle loss generates weakness. It can also lower the aerobic exercise capacity and bone structural density. Strenght training is not only a shield from these threats, but can also have an optimizing impact on the spirit of the seniors.

Flexibility and Stretching
Many seniors tend to overlook the benefits of these basic exercising elements.  Dr. Mark Caruso recommends these exercises should be done two to three times per week. The Stretching exercises help in maintaining a broad range of motions and freedom of movement. Also it increases the blood circulation and helps the body to work properly.
Cardio training
Getting a cardio training on daily basis can provide significant benefits for the seniors health. The first and foremost, it can help in keeping the weight down. Getting your heart rate up, whether you’re on a machine at the gym or going for a walk in the park, can help keep your weight down. In the same time, the Cardio sessions can be the primary shield from cardiovascular diseases. Cardio activities can include Brisk walking, garden activities or walking and hiking.
Balance training
It is well documented that many seniors suffer from falls. Falls are the main cause of injury among adults over 65. By working on exercises to maintain the level of balance, the leg muscles are becoming more solid and their withstanding ability is increased. Balance exercises are crucial for maintaining independence and preventing falls.

It is also recommended that seniors use light weights, even as low as 5 pounds, and do squats or leg presses three times per week.

Group Exercise

Group exercise promotes social support. It also helps in developing new friendships and relationships. Seniors can share tips on exercise and dealing with the daily challenges. When exercising in a group, elderly people feel like they are part of something. This can have a significant influence on their emotional, cognitive and social well-being.

The aging process can be complex and full of challenges. While some health obstacles are inevitable, there are certain ways that can be avoided. By being part of the above types of exercise, the elderly people can slow down the muscle losing process. Also, by being part of daily exercise, elderly people can improve their overall health and spirit.

Make sure you have good health insurance, click here for for more information.



What is Part C of Medicare?

Medicare is a great health program created by the federal government and that has been giving a lot of results due to everything it is able to do for people. Medicare Insurance has been reinventing itself little by little and now it has created part C and it works as a special modality that is totally different from Original Medicare, nevertheless, it includes the same services.

This is why now Medicare is very capable of covering beyond what it originally covered and that is why people have it as their main insurance for any medical emergency. With this part C now everything is possible and more with everything you can add.

The creation of this part C goes back to the fact that there were several things that both Part A and B did not cover. When a person was hospitalized, there were often many expenses that the original part of Medicare Insurance did not cover and then the family had to cover all expenses.

Because of this, Medicare Advantage was created, also known as Part C or MA Plans. As such they are offered by private companies, authorized by the Medicare administration after fulfilling a series of requirements. These plans have the particularity that they include the benefits of Part A and also those of Part B only that they do not come directly from Medicare but from Medicare Advantage.

From that is where the differences begin to see. It is known that there is an Original Medicare which does not cover some things, these are the ones that are normally acquired through the traditional inscriptions. However, if you go to a private institution they will give you these plans from part C.

Going further, one of the characteristics of Medicare Advantage is that it can charge different things from your pocket that you request but are not part of the contract that you signed at the beginning. This happens since there are different plans within this C you can choose from and not all cover the same.

Depending on what you choose, your Medicare Advantage may cover both dental insurance, cosmetic surgeries or a vision test outside of those requested for an emergency. This is where you begin to notice the difference since the original Medicare Insurance plan does not give you different service options but there is a standard for everyone.

Obviously, Medicare Advantage is a bit more expensive in terms of the premiums that you have to pay. And this is because it includes many more things. One of the main ones is that it is almost mandatory to include part D of Medicare Insurance referring to medications.

With both Part C and Part D, you are already supported by everything Medicare can offer you. You have the option of Hospital Insurance, Medical Insurance and also Drug Recipes. Since in case of any treatment you can request them through Medicare.

Hurry up to get this part C that Medicare Supplement Plans 2018 has for you.

All you need to know about Medicare Supplement Plan N

Cigna medicare supplement is one of 10 institutionalized Medigap plans accessible in almost all the states of USA. Like other Medigap coverage, this plan assists with specific costs that Original Medicare doesn’t cover, including cost-sharing costs that you may have for hospital’s services or specialist visits. Like other Medigap designs in many states, Plan N offers institutionalized advantages. This implies you’ll get the same for Plan N no matter where you live or which insurance agency you buy the plan from.

Benefits of Medicare Supplement Plan N:

  • Medicare Part A inpatient health center coinsurance and clinic costs up to 365 days after Original Medicare benefits are depleted
  • Medicare Part A deductible
  • Medicare Part A hospice care coinsurance or copayment
  • Medicare Part B coinsurance or copayment
  • Initial three pints of blood for a medical procedure utilized as a part of a year
  • Facility of the skilled nursing care coinsurance
  • Foreign health care (up to 80%)

Medicare Supplement Plan N Cost:

Individuals enrolled in Plan N will, in any case, be in charge of cost sharing in specific circumstances. You may need to pay a copayment of up to $20 for specialist visits and up to $50 in the event that you go to the emergency room and aren’t admitted as a clinic inpatient. Also, Medicare Supplemental Plan N doesn’t cover the Part B deductible or any Part B excess charges, so you’ll be in charge of paying these costs yourself.

As specified, benefits for Plan N are institutionalized, so advantages will be the same for this plan everywhere. In light of the fact that Medicare Supplement plans are sold by private insurance agencies, costs for each plan may vary by area and the agencies.

In case you’re thinking about a Medigap plan then it’s imperative to focus on not only the cost of premium when you first join the plan but you also have to pay attention on how the insurance agency costs (or “rates”) its premiums.

Medigap insurance agencies may utilize one of three methods to set their premium costs: age-related issues, community-rated or attained-age-rated.


  • Age-related issues: Plans base the premiums depending upon your age when you initially enroll or “issue” your Medicare Supplement plan. Premiums don’t increment with age.
  • Community-rated: Plans charge the same premiums for all recipients, paying little respect to age.
  • Attained-age-rated: These plans base the premiums depending upon your present age, and premium costs increment as you get older. These policies can frequently wind up being the most costly over the long haul, since costs run up with your age.

So, Medicare supplement plan N premiums may differ contingent upon the method that the insurance agency uses to set its costs. Remember that all insurance agencies may raise premium expenses to adjust the inflation no matter what the pricing method is. Ensure you understand how the insurance agency rates its premiums so that you have a precise idea of the amount you’ll pay for your Medigap plan both now and in future

An Introduction to Medicare Advantage Plans

Shopping for an appropriate and cost-effective insurance plan can be an overwhelming experience. There are many choices but not all options are suitable for everyone. Medicare Advantage Plans have been popularly used since the programs were first introduced in 1997. Also known as “MA Plans” or “Part C,” these programs are part of Medicare. Are you 65 years of age or above? It will be of great benefit to carefully assess whether or not this program is for you, and to contrast its benefits with other health insurance programs.

When it comes to Medicare, you will have to choose between Original Medicare Programs or Medicare Advantage Plans. An easy method for choosing between the two types of programs is to determine if you would like to offset the costs of prescription drugs. In many cases, those who require prescription drugs opt for original Medicare since it does cover the cost of prescription drugs under Part D of the program. On the other hand, the advantage plan does not cover the cost of prescription drugs.

Keep in mind that, for an additional cost, you can add prescription drug coverage on advantage plans. However, you will not be able to add Medigap Insurance to the plan. Medigap is a type of insurance policy that covers aspects of your health insurance that are not covered under an original Medicare plan.

Compare Medigap plans here

So, what benefits do advantage plans provide? Unlike Medigap Insurance, an advantage plan is not supplemental insurance. Instead, this type of insurance is offered through private insurance companies who work with Medicare in order to cover all cost bases. In other words, your Medicare plan will be handled by the private insurance company and you will still be enrolled in your Medicare program. The cost advantage is that you will not need to pay the extra costs of a supplemental plan. Many advantage plans are free for individuals 65 and older who are already enrolled in Medicare Part B or at least offer a more affordable way to pay for all medical costs.

Since many people cannot afford the high cost of supplemental insurance, advantage plans offer an affordable alternative. These programs require a lower monthly premium as long as the beneficiary of the plan agrees to use a set network of healthcare providers and share in some copays for services. Choosing between these different types of plans will depend on how much you can afford on a monthly basis, your personal medical needs, and an understanding of the stipulations set forth by individual insurance plans available in your location.

Understanding the Essential Parts of Medicare

Turning 65 or going on Medicare out of the blue can be a staggering knowledge in one’s life. Combined with that, most make an endeavor, now and again useless, to comprehend the mind boggling universe of Medicare and Medicare insurance. This article is to fill in as a groundwork of the “parts” of Medicare, of which there are at present four, and what they do.


Section A


Section An is the piece of Medicare that everybody gets from paying into the government disability framework amid their working life (as long as they meet the base work sum prerequisites). The essential thing that it covers as inpatient healing center care, and you will some of the time here it alluded to as the “doctor’s facility” some portion of Medicare. Be that as it may, it does likewise cover talented nursing facility mind, home social insurance and hospice facility mind.


Part B


Medicare Part B is discretionary – a great many people who have boss coverage that works with Medicare coverage don’t really require Part B until or unless their manager coverage closes. Medicare Part B has a month to month premium related with it, that is regularly paid out of one’s government managed savings check.


Part B covers “administrations” fundamentally, and it is here and there called the “specialist’s office” some portion of Medicare. A portion of the essential things that it covers incorporate specialist’s administrations, indicative tests, outpatient administrations and exercise based recuperation and some preventive-type screenings.


Part C


Part C is the segment of Medicare that was made over the most recent 10 years. It is some of the time alluded to as “privatized Medicare”, however is principally known as Medicare Advantage. In Part C, a private back up plan that has an agreement with the administration assumes control administration of the greater part of your Medicare benefits. Your benefits are altogether given through this private safety net provider – you pay premiums specifically to this organization and they pay asserts for your sake.


This is a discretionary piece of Medicare. Regardless you need to pay the Part B premium and you don’t out and out “lose” Part An and Part B, yet Part C provides your benefits set up of An and B. Likewise, you can not have (or needn’t bother with) a Medicare Supplement Plans 2018 and Part C – most choose to either have either. Supplements pay AFTER Medicare pays; Medicare Advantage pays INSTEAD of Medicare.


Part D


Part D is the piece of Medicare that you may find out about the most. This is the segment of the Medicare program that spreads prescription drugs. It is offered through privately owned businesses, which must be certified and endorsed by the Centers for Medicare and Medicaid Services on a yearly premise to offer this prescription coverage (Part D).


You pay premiums straightforwardly to the privately owned businesses, albeit most offer the capacity to deduct it consequently from your Social Security check. This is a discretionary piece of Medicare – not every person agrees to accept it when they are first eligible or by any means.

Insurance Tips on Getting Divorced

Married couples completely depend on the health insurance plan of one partner. But, as you get divorced or the divorce comes in the middle ages, you must make new plans as coverage.


Your Divorce settlement should include Insurance

In case you are on your spouse’s plan receiving health coverage and you get divorced means you can put that requirement in the settlement so that you continue to receive the coverage from your former spouse for your children and you.


Even in case the situation is just the opposite. You are filing a divorce and are the one having a health plan covering your spouse. Bear in mind, after getting divorced, you will have to pay additional premium for your children and ex-spouse.



Getting divorced is a hard time for the partners. Yet, when things are unavoidable and you get divorced, there are options for you to enjoy the health coverage for a temporary period of time through a law referred to as ‘COBRA’.


If your former spouse is working with a company having at least 20 employees and his insurance is through his employers, COBRA allow you also to stay on the same plan for a period of 36 months. This is effective unless you enroll or remarry into a new Medicare supplement plans.


The fact cannot be denied that insurance is expensive through COBRA. Actually, it allows you to stay on your spouse’s former plan, but you have to pay all the monthly premiums by yourself, without the employer’s contribution. So it is very important to know what the premiums are and figure out your budget once you are divorced.


Also, to avail the coverage from COBRA, you must inform the health plan administrator within 60 days of your legal separation or divorce proceedings.


Plan with employer


In case you are employed, it may be less expensive to sign up with the plan of your employer, than paying for the Medigap plans premiums of your ex-spouse by the plan. While most plans fail to permit employees to make changes or join to offer coverage outside the yearly period that is referred to by Medicare supplement plans as open enrollment, there may be exceptions made for life changes and this also includes divorce.


Ask the human resources department and get the details with regards to post-divorce coverage and also confirm the period the cover will be available, the term period it will last. If coverage can be arranged under that plan, ensure to understand the premiums cost that you need to pay.


A Medicare Supplement plan and its valuable insights

A Medicare Supplement plan is designed to supplement Medicare Original coverage. It is a private health insurance. Medicare Supplement Insurance assists in paying the health care gap costs that is left out by Original Medicare such as coinsurance, copays and deductibles. The Medicare Supplement Plans are expected to follow state and federal laws. The standardized policies offered by Medicare Supplement Plans are identified within the letters A through N by the insurance companies.


Medicare Supplement plans are not any replacement for the Original Medicare plans. In fact, they provide supplement benefits to the Original Medicare. Medicare supplement plans do not actually cover any long-term care, dental, vision, hearing aids, private nursing or eyeglasses.


Medicare Supplement is appropriate for people who like the liberty of choosing doctors accepting Medicare. These are suitable for beneficiaries who seek protection from Medicare unexpected costs.



The eligibility for Medicare Supplement plans begins with having Medicare Part A and Part B. Of course the eligibility also includes the state residence for Medical Supplement Plans to be effective. As a member of the Medigap you cannot use a Medicare Advantage plan.


If these are applicable to you, you are entitled for an open enrollment for six month period beginning with the month first day such that the coverage is effective of your Part B or on your 65th birthday if you have already Medicare owing to disability.


You have attained age 65 or older, you have Medicare Part A currently and are enrolled newly in Medicare Part B, OR

You have Medicare already as you are disabled, though you have now turned 65.


Importance of Medicare Supplement

The Medicare Supplement Plans are sold to cover that the Medicare fails to cover. These supplement policies covers no other medical services that the Medicare does not cover. It will pay to the health care providers the amount that you need to pay if you do not have this supplement policy.


It is time you can disenroll, enroll or also make changes to the coverage of Medicare at some particular times. This means you must importantly know these periods.


Some enrollment periods of Medicare Supplement Plans start when you are eligible for it. There are times when you can change, add or drop the Medicare plans. You also can enroll for limited time periods if you have qualifying events.


Remember that if you fail to sign up when you are actually eligible first for the Medicare certain parts, it means you have to pay enrollment lat penalties and later end up paying higher premiums.

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