Late Enrollment Penalty
Benes II Introduced, We’ll See

Who’s Stranger?

Get 10% Off with My Coupon CodeI can tell you: this is the real deal. if you click on the image and use the Coupon Code = JAE, then you can get 10% off. Disclosures: this is not the low end of the product pricing scale, I have used it (thanks mom), and I am getting...

Benes II Introduced, We’ll See

Sacre Bleu

Today:COBRA is Usually No, But Never Say NeverThe Closest to Ukraine? Europe, ObviouslyCOBRA Is Usually A No, But…If your ex-employer has greater than 20 full-time employees, then you have the right to COBRA. That period lasts, in most situations, for eighteen...

Benes II Introduced, We’ll See

Well That Escalated Quickly

First Friday of the Month (still dyor)After a week,YTD AGG (USD bond market) = -1.00%YTD SPY (S&P 500) = -1.87%The notable thing is that this has occurred despite the January effect, when more inflows occur than at any point in a year. Nevertheless, sellers have...

We Continue

We Continue

We ContinueMe: Do you realize that you have unlimited financial exposure if you have large healthcare costs? Reason: Part A and Part B have NO out-of-pocket maximum limit.Responder: We will address this when I have an income.Me: There are plans that have NO additional...

Benes II Introduced, We’ll See

Late Enrollment Penalty Has Begun

Late Enrollment Penalty Has BegunFor the Responder, the Part D Late Enrollment Penalty begins 3 months after the end of March 2021, so July - December 2021, a total of 6 months. The penalty will be equal to: 6 times the national average (0.34), rounded to the nearest...

Benes II Introduced, We’ll See

What Happens in Vegas…

Beginner’s CornerSituation: Person fills in form, sends zip code and mm/yyyy of birth.Simple FormResponder: Zip code 88901 (modified), 03/1956Me: What Medicare plans do you have (Medigap/Part D/Medicare Advantage)?Responder: None other than Part A and Part BLate...

Benes II Introduced, We’ll See

Federal Employee Health Benefit (FEHB): How-To

The Federal Employees Health Benefits Program (FEHB) is a comprehensive benefits program for both active employees and retirees. There are a lot of important details to keep in mind. a. The Part B Late Enrollment Penalty is not waived if you decide to enroll in...

Benes II Introduced, We’ll See

Medicare Open Enrollment Ends Soon

Halfway Point of the Annual Election Period The Medicare Annual Election Period ends in 4 weeks on December 7th. Current Medicare beneficiaries have the unrestricted right to change Part D (stand-alone prescription drug) plans, and Medicare Advantage plans....