Can you reconcile Medicare acct like you do regular insurance acct?
8 years ago
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PayPal stole $575 from my bank acct . What to do?
Comments (16)When I opened my account - and this may have chenged in the many years since then - you HAD to have a bank account and they verified who you were by putting a few pennies into the account and you would then report a day or two later how much that amount was. I never use my account for paying...I use a credit card. The problem with changing my bank account is that I have several automatic withdrawals each month - two of which are mortgages which ask for at least 30 days notice of any account change - and I am even at a loss for things like account numbers on some "paperless" monthly charges, like Comcast. I have been to the bank (actually, credit union) to fill out fraud papers and have spoken to both EBAY and Paypal. EBAY has no record of this "win" and someone WAS able to change my password for both my Ebay and PayPal accts. NO I have not responded to any phishing emails and I do have antivirus software installed....See MoreLong Term Care Insurance--do you have it?
Comments (29)Like Jim_1, we evaluated our risk profile for morbidity and decided on buying it. We have the equivalent of "Cadillac" LTCi (I guess that might be Mercedes-Benz or Bentley, these days, lol), purchased through the state pension fund which polices the LTC carriers very strictly. It's costly. But we knew that going in. I'd worked in insurance for almost 20 yrs and still have friends in the industry, including corporate actuaries. I told DH that the original pricing was too low and we should be ready to budget for premium increases in the future. Those increases have happened, and fortunately we're still able to afford the premiums. We have no intention of letting them go. Our morbidity risk is still high. In 2013 we moved my MIL to a wonderful full-care senior facility. She had early dementia but was fine with a regular daily routine. She was a sociable sort but shy about making friends on her own, so the facility was great for her. She was age 85 when she moved in, and sure she was still "too young" for this place. Imagine her shock when she was seated at a dining table with three other residents, and she was the YOUNGEST. One of her new companions was 100 yrs old and had been living in the facility for 30 years! Because MIL needed to have enough $$$ to afford Memory Care as she declined, we were and still are, conversant with what facilities charge for Skilled Nursing and Memory Care in our area. Interestingly, when we were researching facilities for MIL, there was little difference in the Asst. Living monthly rents, although costs for services varied, between the for-profit and non-profit facilities. But when looking into SN and MC units, the difference was substantial, to the tune of more than $3K/monthly. It had nothing to do with the quality of care; the non-profit we selected for MIL was one of the more reasonable ones yet is rated 3rd in the state. In 2015, the cost for SN/MC at this facility was $8500/mo. You need to remember although this cost is inclusive of all medical services, personal items and some extras deemed non-essential are NOT provided by any facility we interviewed. Such items, for increased comfort or emotional support, are the responsibility of the resident or resident's family, so that is an additional cost. It should also be noted that all the facilities we interviewed did not accept Medicaid patients at all as initial residents. All of the non-profits and a couple of the for-profits said their policy was to apply for Medicaid for residents who eventually ran out of funds (helping defray those SN/MC costs is one of the major expenses in a facility's General Budget). Some of the for-profits, however, said if a resident ran out of funds, they were asked to leave. These facilities would contact the state to arrange for a transfer to a Medicaid facility that would accept the resident: no choice of where to go, btw. As pointed out above, if you think there is any risk of needing Medicaid, it would be wise to find out the laws in your state, AND STAY UP TO DATE ON THEM. Medicaid is 50% federally funded and is always dependent upon the goodwill of Congress for its funding. Currently 80% of the U.S. elderly in SN and MC facilities are being funded by Medicaid. HTH....See MoreDo you buy travel insurance?
Comments (31)I've been checking weather reports for the South Pacific, and it looks like we will have decent weather for our trip. That was my main concern regarding insurance. We will not be doing anything risky that I think we would need insurance for, and so I think I will forego it this time, but I will still consider it for the future.\ As for bags not arriving, since we have a non-stop flight, I don't think there is much chance that they would get lost. I try to get non-stop flights whenever possible for this reason, but that was not possible when we went to Brazil, and nothing bad happened. I had not been told about trip/travel insurance before we went, and as it turned out, we did not need it. We also had non-stop flights to Rome when we went to Italy, but I would have been concerned if we had had to change planes in Paris or London. This information has been very helpful to me, and I will remember it for future trips....See MoreMedicare Part D: Which drug plan are you happy with?
Comments (13)We have access to licensed health insurance advisers (brokers) through my DH's former employer. After I ran the numbers on the Medicare Part D site, I called these people to verify my understanding of the two different plans I had selected for us. They could tell me nothing about the one I selected for myself because...it's not one that they 'broker'. So -- I wouldn't rely on just what one broker offers. Mutual of Omaha is new in our area in 2020. I enrolled in their Value Part D plan because it was among the cheapest when combining the cost of the premium and the cost of my meds. (Advair is my big expense at $450 retail per month.) I'm OK with their preferred pharmacy being CVS. I'll pay $22.80/month premium, and a total of $1232/month average out of pocket including known meds. (My 2019 Part D plan with United was completely overpriced for 2020 when I ran the numbers on the Medicare guide.) My 2020 Part D card arrived in the mail within two weeks of our October enrollment sign-ups; impressive. DH has so few meds that he rarely exceeds the deductible, so a low premium is a goal for him. (Nearly all Part D plans in our area have a $435 deductible in 2020.) He'll have WellCare Select Part D for 2020. Premium is $15.50/month; total with meds averages $249/month. (He also has to pay an $8 penalty in addition to this, dating from when he did not take a Part D plan the first year it was required.) We're OK with this CVS plan. His Part D card has yet to arrive -- despite two letters confirming enrollment; not impressive. We choose to have premiums paid by deduction from our Soc. Sec. benefits. No coupons. No direct withdrawal from bank account....See More- 8 years ago
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