Save Money On Health Insurance

10/11/2024

📢 Social Security Update!
In 2024, those receiving Social Security benefits will see a 2.5% Cost-of-Living Adjustment (COLA) increase for 2025. the average SS payment for a 70 year old male is about $2,000 per month, so expect an additional $50 monthly, or $600 annually. The average SS payment for a 70 year old female is about $1,600 per month, so they would expect an additional $40 monthly, or $480 annually. This adjustment is designed to help retirees and other beneficiaries keep pace with inflation. While it may seem modest, it does provide additional financial support for everyday expenses like groceries, housing, and healthcare.
Social Security cost-of-living adjustments (COLAs) are based on readings from the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). It has long been a controversy that the CPI-W (versus the CPI-E) does not do a good job of capturing the costs retirees on Social Security face, as it underweights medical care and housing expenses, when calculating the final number.
Keep an eye out for your letter describing the increased amount in your monthly payments!
Also, for those who haven't started Social Security yet, we offer a Social Security Maximization report that can potentially capture thousands more in Social Security payments, just by using a few strategies with timing, when filing for your payment. Call our office for your no-cost, no-obligation report.
Office (480) 878-7444
Stay informed with Rise Financial Group! 🌟
NOTE: CPI-E is short for Consumer Price Index - Elderly, and CPI-W is short for Consumer Price Index - Worker.

01/06/2023

What changes can I make to my health insurance during the Medicare Advantage Open Enrollment Period?

There are two basic changes that Medicare enrollees can make during the Medicare Advantage Open Enrollment period:

1. Seniors who are enrolled in a Medicare Advantage Plan (that does or doesn’t have prescription drug coverage) have the option to change to a different Medicare Advantage Plan (that does or doesn’t have prescription drug coverage).

2. Seniors who are enrolled in a Medicare Advantage Plan can move back to Original Medicare. Original Medicare covers Part A (hospital insurance) and Part B (medical insurance). Since Original Medicare does not include prescription drug coverage, seniors who return to Original Medicare during this time are also given the option to join a Medicare drug plan.

What changes to my health insurance are not allowed during the Medicare Advantage Open Enrollment period?

There are three changes that seniors enrolled in Medicare cannot make during the Medicare Advantage Open Enrollment period:

1. Seniors who are enrolled in Original Medicare cannot switch to a Medicare Advantage Plan.

2. Seniors who are already enrolled in Original Medicare cannot join a Medicare drug plan.

3. Seniors who are enrolled in Original Medicare cannot switch from one Medicare drug plan to another.

Medicare can be confusing, we are here to help and provide guidance to the right plan for you and to be most cost effective! Call our office at 480-878-7444. Have a great year!

09/12/2022

Actor Anne Heche passed away in a car crash last month and did not have a will or trust. She left a 20-year old and a minor child to sort through the mess of her estate.
This also triggers "probate", and unfortunately a lot of her wealth will be swallowed up by lawyers and the courts.
Anne was a young woman, and nobody expects a tragic accident like that to happen anytime, let alone at age 53. However, we continue to hear these stories, and surprisingly, many high net worth actors and actresses don't have their estates in order. Average people may even be worse, according to a Gallop Pole, only 46% of people in the U.S. have a Will & Trust.
The mess of probate doesn't discriminate based on age. One of the biggest reasons for not having a will & trust set up is "I haven't gotten around to it/I've been meaning to do this..."
Do you have your estate in order? If not, what has been the #1 roadblock for you to get your estate in order for your spouse, children, or others? Is it cost? If so, I would like to help, please call our office at 480-878-7444 and request an "Estate Review". This meeting consists of a no-cost, no-obligation review of your personal holdings and property. In some instances, we can clean up your estate in just a few meetings. In other cases, we recommend a Will & Trust to protect your estate at a cost less than $1,000.
Many firms charge upwards of $3,000 for a full Will & Trust. We would like to help and would like to take one of the many burdens off your plate that growing old brings with it...

Actor Anne Heche died without a will, and her 20-year-old son has filed court papers to control her estate

09/09/2021

Don't delay, Medicare Open Enrollment (OEP) is just around the corner!

Call early to set up a time to review your 2022 Medicare plan benefits and drug coverage.

How we can help:
👉 Medicare planning now if you are about to turn 65. Starting on the wrong plan can be detrimental!
👉 Did you know that Medicare Part A and B only cover 80% of eligible medical expenses. I can help review the Medicare Supplement plans that will pick up the remaining 20% of costs.
👉 Did you know that Medicare doesn’t cover Long Term Care costs? Find out how you can receive coverage alternatives.
👉 All Medicare Supplement Plans provide the exact same coverage (i.e. Plan G, F, N, etc...) – they just cost different amounts depending on the insurance company's cost containment. I have the info on which companies have the lowest costs!
👉 Ask about Part B premium givebacks up to $75 per month! This directly reduces the amount of Part B premium by the amount of the giveback. Great for people on a tight budget or just looking to save!

Lastly, be prepared for "uncovered" expenses and how to actually use Medicare benefits that are provided. Call today for more info and to ask questions. 📲(480) 878-7444

🌎visit our website at www.medicarerescue.com

We Help with Under 65 Health Plans and Medicare Supplement Plans! Compare Your Options. Save $$$, Top Health Plans, Top Advantage, Part D, & Medi-Gap Plans!

08/09/2019

Are you a hiker, biker, or just an avid outdoors-person? Have you ever thought about the cost associated with a mountain rescue, or any rescue where there is a need to dispatch a helicopter? The cost for this can be up to $10,000, or possibly exceed $10,000. How do you possibly pay for this, sometime insurance won't cover this, or you may have limited coverage. What about your deductible? $5,000, $6,350 or more? We can help get that helicopter ride covered, as well as, your deductible for a small price to pay for that accident, just call our office, or send us a Facebook message for a no-obligation explanation of how we can help!
480-878-7444.

05/24/2019

Take control of your medical expenses! We help clients lower their out-of-pocket expenses by educating how and where to get many common tests. There aren't a set of rules on what medical facilities charge for different tests. This article spells this out, well worth the read!

Privately owned independent outpatient facilities often offer diagnostic imaging exams for 50-80% off those performed at a hospital. Want to know how?

05/15/2019

Did you know that your small business, 1-50 employees is eligible to potentially save thousands on your business taxes? (Amount depends on # of employees) If you aren't utilizing this Government IRS tax benefit, call our offices today so we can get the details in your hands. 480-878-7444.

04/16/2019

We have started offering an updated, more benefit-rich version of an already popular health plan option that our clients have been using for years!

Would you be interested in having a $0 deductible? Our plans offer "first dollar coverage", deductibles are now a thing of the past and something many didn't always understand anyhow...

Also, our plan's benefits increase each year that you stay on the plan! The benefits in year 5 are almost double what year 1 offers and we won't increase your plan premium based on getting older! Touch base with our office today and ask for a no-obligation quote! We will provide a cost and plan comparison based on your current coverage, then you decide if you want to move forward...

Our office number is 480-878-7444, we look forward to hearing from you!

08/07/2018

Getting sick while on vacation is no way to spend your time off. This summer, we're seeing an increase in rashes, pink eye, and sinus infections. Thankfully, there are affordable over-the-counter (OTC) medications that could ensure that your vacation goes smoothly.

Be prepared - check out this list of OTC medications (link below) to pack. Stock your first aid kit now for peace of mind while you're on the road.

It's your vacation. And the last thing you need is a pesky summer illness ruining your time off. Many people travel with first aid kits, including products like band aids, tissues, neosporin, cotton swabs, etc. But there is a lot you can do to beef up your first aid/travel kit.

03/05/2018

Great advice in the linked article...
One of our health insurance carriers offers a service through their plan called Karis 360. Karis is a healthcare advocate who will negotiate pricing for non-emergency procedures ("shop around" for you) as pricing for medical services are "all over the board."
How much are you paying for health care? We would like the opportunity to quote you or your family, save you money and offer you $0 deductible health plan. You can call any time at 480-878-7444.

Incentives to encourage health care consumers to shop around gain momentum as a means to rein in spending.