“Federal government paying insurers billions more than necessary: Kaiser,” by Tami Luhby, CNN Politics “The Kaiser Family Foundation found that seniors who enroll in Medicare Advantage typically spent $1,250 less in the year before they switched to an insurer-run plan, compared to those who remained in the traditional program, according to the report that was published Tuesday. They also used fewer health services, even if they had medical issues such as asthma, breast or prostate cancer and diabetes, than their peers in traditional Medicare. This means that the federal government may be overestimating the expected costs of Medicare Advantage enrollees, who may
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“Five Ways to Help Protect Retirement Income,” Advisor Magazine “Consider long-term-care insurance: Insurers base the cost largely on age, so the earlier you purchase a policy, the lower the annual premiums, though the longer you’ll potentially be paying for them. It is also important to research the strength of the company you select, as well as investigate other potential options for funding LTC costs. … Read the entire article here.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): “Other potential options for funding LTC costs?” The other big one is Medicaid planning, which this article should have explicitly
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