One of the most challenging but rewarding conversations you can have with your aging parents is about their finances and their planning....Here is a list of items that you need to get your arms around for the sake of everyone involved:
....Medical insurance. Do your parents have the proper insurance coverage to pay for medications, health care bills and long-term care needs? If not, do they have a plan in place to pay for these needs?...
Advantage Enrollment Up, Premiums Down(USA Today, 1/31/12) "Premiums for the Medicare program that allows recipients to choose
private insurance have dropped an average of 7% while enrollment has
grown by 10%, according to Department of Health and Human Services
statistics to be released today...."