Retirement health-care costs will vary depending on your health and longevity, but it may help to have a guideline. These are the estimated savings required for an individual or couple who turned 65 in 2019 to have a 90% chance of meeting expenses for Medicare Part B health insurance, Part D prescription drug coverage, Medigap Plan F, and out-of-pocket drug costs, assuming median prescription drug expenses.* These estimates do not include services not covered by Medicare or Medigap.Continue reading “How Much Will Health Care Cost?”
Original Medicare — Part A hospital insurance and Part B medical insurance — offers broad coverage, but many services are not covered.
Some may be fully or partially covered by a Part C Medicare Advantage Plan, which replaces Original Medicare, or a Medigap policy, which supplements Original Medicare. Both are offered by Medicare-approved private insurers. (You cannot have both a Medicare Advantage Plan and a Medigap policy.)
Whether you are looking forward to Medicare in the future or are already enrolled, you should consider these potential expenses.Continue reading “What Health Services Aren’t Covered by Medicare?”
Individuals often overlook the importance of having a plan in place that will prepare them for a potential loss of independency. While it is true that the elderly are most prone to a decline in the ability to perform the daily functions of life, the chances of any individual (regardless of age) requiring long-term care in their lifetime are higher than you might think. Continue reading “Long-Term Care Insurance”
One of many contentious political issues today, the future of healthcare in America has sparked debate across the country. As President Trump settles into office, it has become clear that changes are coming, whether in the form of smaller-scale adjustments to the Affordable Care Act (ACA) or a full repeal and replacement of the law. Continue reading “Tax Implications of Fully Repealing the ACA”
Finding the right health insurance plan can be daunting. Unlike most other types of insurance, health insurance policies usually incorporate some form of cost sharing, meaning you will likely end up paying more than just the cost of your premium. In order to ensure that you have the proper form of coverage, it is imperative to understand two of the most frequently confused components of health insurance plans, copays and coinsurance.
We are not medical professionals here at Condor Capital, nor are we looking to engage in any moral debates…but a recent study by the Johns Hopkins Bloomberg School of Public Health’s International Vaccine Access Center highlighted some exceptional investment returns that caught our eye. Continue reading “Vaccines’ Return On Investment, Quantified”
Condor Capital Wealth Management’s Take on Changes Coming to Medicaid Reimbursement Rates in 2015
MARTINSVILLE, N.J., Apr. 20, 2015 (GLOBE NEWSWIRE) — After being enacted into law in 2010, the Patient Protection and Affordable Care Act has profoundly affected the U.S. healthcare system. Doctors, businesses, patients, and insurance carriers alike have had to adjust and adapt to the challenging and ever-changing landscape of the regulatory overhaul commonly referred to as “Obamacare.” For medical practitioners in particular, one of the more important topics relates to the Act’s impact on Medicaid according to Ken Schapiro of Condor Capital Wealth Management.Continue reading “Changes Coming to Medicaid Reimbursement Rates”
If you plan on making a New Year’s Resolution to get healthy, you may get more bang for your resolution buck than you bargained for. That’s because healthy habits can benefit your wallet as well as your body.