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Do We Really Need a Medicare Supplemental Plan?

Have you ever wondered if a Medicare supplemental plan is truly necessary? With rising healthcare costs and unpredictable medical needs, ensuring you have the right coverage is more important than ever. In this article, we’ll explore what a Medicare supplemental plan is, why it’s crucial for your health and financial well-being, and how it can…

7 Simple Steps To Healthy Finances in Your Retirement Years
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7 Simple Steps To Healthy Finances in Your Retirement Years

Retirement marks a significant transition in life, one that brings with it the promise of leisure and the challenge of maintaining financial health without a steady income. For seniors, the key to a fulfilling retirement lies in careful financial planning and strategic decision-making. It’s not just about saving enough; it’s about managing those savings in…

The 5 Questions You Must Ask Before Buying Health Insurance

The 5 Questions You Must Ask Before Buying Health Insurance

Before deciding on your next healthcare insurance provider, there are some important questions you need to ask so you can confidently compare each plan and find one that checks all your boxes. 1.) What is the Deductible & Out of Pocket Costs? In health insurance, both the deductible and out-of-pocket expenses are important terms that…

Medicare Advantage vs. Medicare Supplement Plans
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Medicare Advantage vs. Medicare Supplement Plans

Medicare Advantage (Part C) and Medicare Supplement (Medigap) plans are both types of private insurance plans that can work alongside Original Medicare, but they have different structures and offer different types of coverage. Let’s dive into each plan and then compare the advantages and disadvantages of each.  What are Medicare Advantage Plans? Medicare Advantage plans…

5 Tips for Budgeting in Retirement
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5 Tips for Budgeting in Retirement

Retirement marks a significant life transition, and one of the most critical aspects of this phase is financial planning. For many Americans, ensuring financial security and stability during retirement requires careful budgeting and financial management. In this article, we will explore five essential tips for effective budgeting in retirement, with a focus on Social Security…

Why You Should Be Offering Post-65 Retiree Benefits

As a business owner, you’re always trying to do what’s best for your employees. Retiree health insurance offers financial protection for early retirees, covering medical care, prescription drugs, and other services not covered by Medicare or employer-based insurance. This means invaluable peace of mind for those no longer in the workforce.  At Benistar, we are…

How to Plan and Prepare for Rising Health Care Costs

As more Americans are choosing to pursue early retirement, companies are faced with the challenge of providing comprehensive health insurance options that extend beyond the conventional retirement age. The rising tide of health care costs only adds to the complexity of this situation. In this blog, we’ll explore how companies can plan and prepare for…

How Do Early Retirees Get Health Insurance Without Having A Job?

How Do Early Retirees Get Health Insurance Without Having A Job?

Are you seeking alternatives to obtaining health insurance without a job as you make retirement plans? An overview of the various health insurance plan options for retirees is given in this blog post, along with information on how to sign up for group retiree insurance. Additionally, it discusses the benefits of Benistar’s group retiree health…