As you probably know, Medicare is a federal health insurance program administered by the Centers for Medicare and Medicaid Services (CMS) that pays for a variety of health care expenses; typically for senior citizens who are 65 years of age and older. If you are approaching your 65th birthday, you’ve probably been getting crushed by the amount of mail, phone calls and overall information being directed your way.
To help our members and their family and friends take the Mysteries out of Medicare, The Minnesota Benefit Association (MBA) has contracted with Benafica, an Independent Insurance Agency located in Saint Paul that specializes in Medicare. They have access to all Medicare plans offered in the state and are a great resource for those of you looking to compare your retiree plan option with the plans on the individual market.
As more individuals are getting the vaccine, hitting the road (or sky) may become more alluring. Before you take off on your next overseas adventure, you should verify with your health insurance company if your plan includes coverage abroad. Read more
September is national life insurance month, an educational initiative to bring awareness to life insurance and provide resources to those looking to learn more. So, who really needs life insurance? It is a common misconception that life insurance is only for those who have dependents. In actuality, life insurance not only covers dependents, but can also be used for burial costs, estate taxes, and help pay off debts you may leave behind. It is never easy losing a loved one, but Life Insurance can insure your loved ones are covered should you die. Read more
It’s that time of year again Minnesota. Summer vacation is coming to an end, and before you know it the school year will be here. Stores are filling up everywhere with parents on the hunt to give their kids the tools for success. Whether your child is learning virtually or in class here are a few item’s you will want at home to help your student crush their lessons. Read more
When you first become eligible to enroll in Medicare, you have the option of deciding how you would like to receive coverage. You can enroll in Original Medicare, which includes hospital insurance (Part A) and medical insurance (Part B). If you want additional coverage for your prescriptions, you can also opt to enroll in a separate Medicare Prescription Drug Plan (Part D).