Insurance

Should they stay or should they go? We're talking about important documents; and by that description is sounds like they're so important we should keep them forever. But that's not entirely true. A local estate attorney sorts things out for us. ...

If you're on Medicare, you know that it's open enrollment season from Oct. 15 through Dec. 7. But few people take the time to review their plans and compare them to their health needs and prescriptions. A bit of digging and comparison shopping can save you money. ...

A trust or plan that is not customized to your individual family, financial status or state of residence could jeopardize your child’s eligibility for public benefits, and you wouldn’t even know it. The laws are complex and vary from state to state. How reliable and trustworthy is the information you might find online? Would you risk your child’s eligibility just to save some money up front? ...

Do you know someone who is making a positive impact in lives of people 50 and older? Tell us about them! Better yet, nominate them for Northeast Ohio Boomer and Beyond's annual Boomer Impact Awards. ...

Careful planning, whether in advance or in response to an unanticipated need for care, can help protect your estate while still meeting Medicaid's strict asset limits. Drill down into the details here. ...

Qualifying for Medicare hardly means free health care -- there are still premiums and deductibles. However, people who qualify for both Medicare and Medicaid (called “dual eligibility”) receive help with paying their out-of-pocket costs.  ...

Medicare prescription drug (Part D) plans can have a coverage gap—called the "donut hole" which limits how much Medicare will pay for your drugs until you pay a certain amount out of pocket. Although the gap has gotten much smaller since Medicare Part D was introduced in 2006, there still may be a difference in what you pay during your initial coverage compared to what you might pay while caught in the coverage gap.  ...

Too many times, adult children struggle – not only with the grief of losing a parent – but also in putting together the financial puzzle their parents may have left for them. Unlike a puzzle that comes with the picture to solve, children often are left with pieces that don’t seem to fit together and are both frustrating and costly to manage. ...