Navigating HSA Contributions
Health Savings Accounts (HSAs) can be a fantastic tool for managing healthcare costs, but the rules around contributing to an HSA while on Medicare can be a bit tricky. Let’s dive into whether you can contribute to an HSA while enrolled in Medicare Part A but not Part B and what you need to know to make the most of your HSA.
HSA Medicare Penalty: Can You Defer Part B and Keep Contributing?
Health Savings Accounts (HSAs) can be a fantastic tool for managing healthcare costs, but the rules around contributing to an HSA while on Medicare can be a bit tricky. Let’s dive into whether you can contribute to an HSA while enrolled in Medicare Part A but not Part B and what you need to know to make the most of your HSA.
The Inflation Reduction Act and Its Impact on Medicare Advantage (MAPD) and Medicare Part D Plans
Health Savings Accounts (HSAs) can be a fantastic tool for managing healthcare costs, but the rules around contributing to an HSA while on Medicare can be a bit tricky. Let’s dive into whether you can contribute to an HSA while enrolled in Medicare Part A but not Part B and what you need to know to make the most of your HSA.
How to Avoid Medicare Late Enrollment Penalties
Medicare late enrollment penalties can be a costly surprise if you’re not careful. Let’s explore how to avoid these penalties and ensure you have the coverage you need without any added expenses.
How and When to Enroll in Medicare if You’re on SSDI
Enrolling in Medicare when you're receiving Social Security Disability Insurance (SSDI) comes with its own set of rules and timelines. Let's explore how and when to enroll in Medicare if you're on SSDI to ensure you get the coverage you need. Understanding the Basics...
Medicare Advantage Plan Exits in 2025
Several insurers made the decision to exit the Medicare Advantage market in 2025 due to various financial pressures and changes in reimbursement rates. Here are some of the major exits: Aetna: Exited several counties and is expected to lose up to 10% of its Medicare...
Switching Medicare Advantage Plans: When, How, and Optimal Strategies
Welcome, my friends! I'm Matt Feret, and if there's one thing my inbox is full of, it's heartfelt questions from many of you feeling anchored down by your current Medicare Advantage plans. You want to navigate these waters confidently, seeking clarity on switching to...
How to Defer Medicare Part B
*Updated 1/2/24 Medicare Part B - How to Defer or Decline Until You're Ready Working past age 65? Have a spouse on your health insurance that isn't 65 yet? If you’re deferring Part B for any reason, when you eventually do sign up for Medicare Part B, Medicare is...
Using Medicare While Traveling
Matt, My husband and I are finally taking a trip we’ve talked about for years, a Caribbean cruise. There will be port calls in the Bahamas, the Virgin Islands, St. Vincent, St. Lucia, and Trinidad and Tobago. How does Medicare work if we have an emergency at sea or in...
Does Medicare Cover Home Health Care Services?
Hi Matt, My father’s Alzheimer's has become much worse. He can’t be left unsupervised during the day. Everyone in our family works and can’t afford to provide him with round-the-clock care. We’ve looked into what it would cost to hire someone to cook and do some light...
What If You Can’t Afford Medicare Premiums?
What If You Can’t Afford Medicare Premiums? Hi Matt, Like most people today, I’m working with a limited income and need to save money where I can. However, I also don’t want to compromise on my Medicare needs. Can you give me a breakdown of how much premiums cost as...
Frown, Smirk, or Smile: Your Options for Dental Insurance on Medicare
It has become a cliché: someone gets a great-sounding job offer, and their first question is, “Yes, but does it come with dental?” Without dental insurance, a routine exam and cleaning can cost $300. Skipping that preventative care can cost you much more, though....