Tag: Tipp City Ohio

Seniors need to “Be Prepared”!

Be Prepared for Medicare AEP

 

The Boy Scouts motto is dead on: “Be Prepared!” However, for many of us, procrastination is much easier because it takes less time (in fact, it takes no time). With the Medicare Annual Enrollment Period (AEP) rapidly approaching (Oct 15 – Dec 7) it is going to be vitally important for you to be prepared. And since procrastinating is the path of least resistance, I am going to make this easy on you by giving you a single step that will go a long way in helping you be prepared for the upcoming AEP. I know that insurance is at the top of everyone’s “Most Interesting Topics” list, so do your best to stick with me.

The first step is Know What You Have. If you don’t know what type of Medicare Health Plan you have, you are an easy target for being taken advantage of. There are 2 major types of Medicare Health Plans:

  1. Medicare Supplement plans
  2. Medicare Advantage plans

These 2 types of plans are very different when it comes to how they work and the benefits they provide, but they are extremely misunderstood by policyholders. I often hear from policyholders, “I have a Medicare Supplement,” when in fact they have a Medicare Advantage plan. So what is the big difference between these plans?

 

Medicare Supplement Plans:

  1. Work in unison with Traditional Medicare Parts A & B: A supplement policy will pay most, if not all, of what Medicare does not pay. It acts as a secondary insurance.
  2. Do not have networks: They are not HMO or PPO plans so you are free to use any doctor or hospital that you want as long as they accept Medicare.
  3. Are funded entirely by policyholder premiums: This is important as it allows companies to keep benefits the same from year to year.
  4. Travel with you in all 50 states: Your plan works the same out of state as it does in your home state.

 

Medicare Advantage Plans:

  1. Work in replacement of Traditional Medicare Parts A & B: An advantage plan works in place of Medicare as your primary insurance and you do not have a secondary insurance. You are responsible for all deductibles, copays and coinsurance. And you don’t get out of paying your Medicare Part B premium.
  2. Are network plans: They are HMO and PPO plans so you may be restricted in the doctors and hospitals you are allowed to use.
  3. Are funded by Government subsidies and policyholder premiums: This is critical because as government subsidies are reduced, plan premiums will go up and benefits will go down, as has been the case for the past 7 years and I expect to be the case in the years ahead.
  4. May not cover you in other states (except in emergency cases): Many advantage plans only cover you in the case of an emergency if you are outside of your home state.

The biggest advantage in advantage plans has been the lower premiums. But as government subsidies have been reduced in years past, this benefit has been greatly diminished. For example, in 2007 you could get a Medicare Advantage PPO plan for a $0/month premium and your maximum annual out of pocket expense was $2,000. For 2014 that same plan has a $50/month premium and maximum annual out of pocket of $5,100 (for Shelby county plans).

As you can see, there is a big difference between these two types of plans. Know What You Have…because you may not be able to get your old plan back.

Seniormark will be sponsoring a workshop on September 11 at 5:30 pm at their office in Troy. “Solving the Medicare Puzzle” lays out the different parts of Medicare, and then will show you how the pieces fit together. This event is only for educational purposes and no plan-specific benefits or details will be shared.

DanDan Hoelscher is the founder of Seniormark, LLC, a company that has specialized in helping retirees make a successful transition from the workplace into retirement for the past 18 years.  Seniormark has offices in Sidney and Troy.  You can reach Dan by email at dan@seniormark.com or you can visit their website at www.seniormark.com.  Seniormark, LLC has no connection or affiliation with, and is not in any way sponsored by, the federal or state government, the social security administration, the centers for Medicare and Medicaid services or the department of health and human services.

 

Happy birthday, Kramer!

From the Famous and 65 files………

 
Michael RichardsMichael Richards actor, comedian, writer and television producer, who is best known for his portrayal of Cosmo Kramer on the television sitcom Seinfeld, for which he received the Primetime Emmy Award for Outstanding Supporting Actor in a Comedy Series three times, turns 65 on July 24.

Richards began his career as a stand-up comedian, first entering the national spotlight when he was featured on Billy Crystal’s first cable TV special. He went on to become a series regular on ABC’s Fridays. Prior to Seinfeld, Richards made numerous guest appearances on various television shows, including Cheers, Night Court, Miami Vice and St. Elsewhere. His film credits include So I Married an Axe Murderer, Airheads, Young Doctors in Love, Problem Child, Coneheads, UHF and Trial and Error, one of his few starring roles. After Seinfeld, Richards starred in his own sitcom, The Michael Richards Show, which lasted less than one full season.

Following Seinfeld’s conclusion, Richards also performed stand-up comedy. After inciting media furor for losing his temper and repeatedly shouting at an African-American heckler in late 2006, Richards announced his retirement from stand-up in 2007. He appeared as himself in the seventh season of Curb Your Enthusiasm in 2009, acting alongside his fellow cast members for the first time since Seinfeld’s finale.

Currently, Richards plays the role of Frank in the sitcom Kirstie, costarring Kirstie Alley and Rhea Perlman, which premiered on TV Land on December 4, 2013.

Look who turned 65 in January!

Are you turning 65?  Look at these famous folks who just did this past January!

George Edward ForemanJanuary 10 –  George Edward Foreman, nicknamed “Big George,” was a professional boxer, former two-time World Heavyweight Champion and Olympic gold medalist. After a troubled childhood, Foreman took up boxing and was a gold medalist at the 1968 Olympics. He won the World Heavyweight title with a second round knockout of then-undefeated Joe Frazier in 1973. Foreman defended his title twice before losing to Muhammad Ali in “The Rumble in the Jungle” in 1974. Unable to secure another title shot, he retired in 1977 and became an ordained Christian minister. Ten years later, he announced a comeback and, in November 1994, at age 45, he regained the Heavyweight Championship by knocking out Michael Moorer. He is the oldest Heavyweight Champion in history, and second oldest in any weight class after Bernard Hopkins. In 1997, he retired at the age of 48 with a final record of 76–5, including 68 knockouts.

 

Foreman has been inducted into the World Boxing Hall of Fame and the International Boxing Hall of Fame and has been rated the eighth greatest heavyweight of all-time by the International Boxing Research Organization. For 12 years, he was a ringside analyst for HBO’s boxing coverage, leaving in 2004. Outside of boxing, he is a successful entrepreneur and is known for his promotion of the George Foreman Grill, which has sold over 100 million units worldwide.

 

Stephen Ray January 22 – Stephen Ray “Steve” Perry , is best known as the lead vocalist of the rock band Journey during its most commercially successful periods from 1977 to 1987 and 1995 to 1998. Between the mid-1980s and mid-1990s, Perry had a successful solo career, releasing two albums: Street Talk in 1984 and For the Love of Strange Medicine in 1994. On nine of Journey’s albums he provided lead vocals: Infinity (1978), Evolution (1979), Departure (1980), Dream, After Dream (1980, a Japanese movie soundtrack), Captured (1980, a live album), Escape (1981, which went to No. 1 on the Billboard charts), Frontiers (1983), Raised on Radio (1986), and Trial By Fire (1996). The single “Open Arms,” from Escape, was their biggest hit single, residing for six weeks at No. 2 on the Billboard Hot 100. Throughout his time with the band, Perry had become the unmistakable voice of Journey. Since the group disbanded In 1987, Perry has contributed to other performers’ albums. In December 2010, Perry said he was contemplating his first solo project since 1994.

 

Perry’s singing has garnered acclaim from prominent musical peers and publications. Queen guitarist Brian May said, “Perry is a truly luminous singer, in my opinion—a voice in a million.” Sony record executive, American Idol judge and musician Randy Jackson described Perry’s as “the golden voice” and opined that, “Other than Robert Plant, there’s no singer in rock that even came close to Steve Perry. The power, the range, the tone—he created his own style. He mixed a little Motown, a little Everly Brothers, a little Zeppelin.”

 

David Russell StrathairnJanuary 26 – David Russell Strathairn known as a character actor, has acted in film, TV and theater. His recent roles include journalist Edward R. Murrow in Good Night, and Good Luck, for which he was  nominated for an Academy Award; CIA Deputy Director Noah Vosen in the 2007 film The Bourne Ultimatum, a role he reprised in 2012’s The Bourne Legacy; Dr. Lee Rosen on the Syfy series Alphas from 2011 to 2012; and as Secretary of State William Henry Seward in Steven Spielberg’s Lincoln.

 

Other notable film roles include the title character in Harrison’s Flowers (2000); the blind techie in Sneakers (1992); general manager Ira Lowenstein in A League of Their Own; Joe St. George in Dolores Claiborne (1995); Theseus, Duke of Athens, in the 1999 version of A Midsummer Night’s Dream; and corrupt baseball player Eddie Cicotte in Eight Men Out (1988).

 

His television work includes a range of roles: Moss, in the critically acclaimed The Days and Nights of Molly Dodd; Captain Keller, the father of Helen Keller in the 2000 remake of The Miracle Worker; and a recurring role on the hit television drama The Sopranos. In the theater, he has had more than 30 roles, including in stage plays by Harold Pinter.

Next “Solving the Medicare Puzzle” Workshop Announced!

Are you, or someone you know, ready to turn 65?  Is your mailbox overflowing with offers of insurance?  Are you starting to get confused by all the information  you are reading?  Then, plan to come to our next “Solving the Medicare Puzzle” workshop and we will try to help eliminate some of the confusion!

 

Thursday, September 12

5:30 pm

Seniormark/Troy Office

1385 Stonycreek Road

 

Please call our office at 937-492-8800 to save yourself a seat!  See you then!

Announcing a new claims workshop!

medicareWe have heard your requests, and are responding!!!  We are happy to announce that we have put together a new workshop to be offered to all of our clients — on claims!!!

Do you get frustrated trying to read your explanation of benefits from your insurance company?  Trying to figure out what your last statement from your doctor’s office means?  Well, we are here to help!!!

Thursday, July 25, at 3:30 in our Sidney office, come and learn more about “Understanding your Medicare Claims”.

Please call to reserve a seat (or two!) if you are planning to come, so that we can be sure we have enough seats!

Congratulations!

Congratulations to the winners of our door prizes at our open house!
IMG_1060[1] Bob & Diana Wyen — our grand prize winners!

IMG_1072[1]Donna Lemmon

(not pictured)

Rose Toller

Thank you again to all who came to see our new office! We will still show you around if you couldn’t make it and would like to see our new “home”. Feel free to stop by! Hope to see you soon!

Come and celebrate our Grand Opening with Us!

open house ad

(Click on image to enlarge)

Turning 65 and looking for some answers?

Are you turning 65 and wondering what the next step is? 

We will be holding our next Medicare Solving The Medicare Puzzle Workshop:

Wednesday, June 26 @ 5:30 pm – Location: Troy office — 1385 Stonycreek Road. 

This is an introductory session explaining the 4 parts of Medicare and what an individual’s options are when they turn 65 or retire and go on Medicare.  We have had an excellent response to these workshops, so if you know of someone who could benefit, please let them know.

Seating is limited, so please RSVP:  Toll Free – 877-492-8803, or comment on this post!

Next workshop date announced

Our next Solving the Medicare Puzzle Workshop will be held on Thursday, May 9 at 5:30 pm in our new Sidney office at 2551 Michigan Street in Sidney. Seats may be reserved by calling our office at 937-492-8800 or online by clicking https://seniormark.com/workshops/ .

If you know someone who would like to or should attend, please share this post with them!

Next Troy Workshop announced!

Our next Solving the Medicare Puzzle Workshop will be held on Thursday, December 13 at 5:30 pm in our Troy office at 1385 Stonycreek Road, Troy. Seats may be reserved by calling our office at 937-492-8800 or online by clicking https://seniormark.com/workshops/ .

If you know someone who would like to or should attend, please share this post with them!