MWG Direct Blog

Medigap Plan N

Everyone who has been through the initial planning of Medicare and the analysis of "Which plan is best for me," has heard about Medigap Plan F. However, not as many people have been advised on Medigap Plan N - a lower costing, competitive Medicare Supplement Plan.

Medigap Changes - Affordable Care Act

Today I was notified of recent reports of Medigap Changes that are trying to get pushed through with the Affordable Care Act (OBAMA-CARE). The major change that is trying to get pushed through is "add cost-sharing to Medigap plans." We have mentioned this in several other articles but will re-describe what new changes have risen.

Need Medicare?

If you are transitioning from a group health plan or individual coverage and need Medicare information, we can help. MWG Senior Services is a part of Morgan-White Group, and advises those 65 and older on how handle the new normal of health insurance.

Elderly Activities

Today we are going to review different elderly activities, exercises and hobbies that are common among seniors. If they are not common in your life you should consider adding a few in so that your overall health will improve according to statistics.

Saving for Retirement

Whether you are 22 years old and just out of college or 55 just getting your kids out of the house, saving for retirement is an important decision. Also choosing not to make a decision - is a decision. Nike came up with the "Just Do It" slogan from someone saying "You said tomorrow yesterday". Procrastination is a killer in saving for retirement.

Lower Medigap Rates

If you are looking to lower your current Medigap Rates or purchase a policy with lower Medigap Rates we have a strategy for you. As of 2013, the Plan F Medicare Supplement is the most popular Medigap policy sold. However, it is also the plan that receives the highest rate increases across the country as well.

Best Medicare Supplement Plan

Do you want to make sure you get the best Medicare plan when you turn 65 and are eligible for Medicare? If so there are several things to consider:

Paying off a House Early

Today we decided to share some advice that we have received from our clients versus providing advice to our followers. The focused advice of this article will be on paying off a house early and saving for retirement.

Insurance Plans for Personality Types

I recently listened to several friends discuss different insurance plans and why they did or did not need the coverage. While both of them had points for their decisions I realized that their decisions were biased and stemmed from their beliefs and attitudes towards personal finance. This made me realize that insurance decisions are no different from someone walking into the grocery store and choosing to buy the frozen chicken over the fresh chicken. We have a process of analyzing things in our mind and financial risk/reward is the main thing we consider with insurance plans.

MA NEWS! 2014 Plan Design!

There was MA news released late yesterday afternoon! Medicare Advantage plans after much push back from congress, Medicare Advantage enrollees and insurance companies will not be receiving a cut in 2014. The proposed 2.3% cut has now been removed and an increase was given to the Medicare plans run by private insurance companies.

2014 MA Plans - Will they be here?

A question many seniors are asking right now is will MA plans be around in 2014? As stated in previous articles Medicare Advantage plans are feeling some hits from the Federal government on their subsidies. With roughly 5 billion dollars spent over the traditional Medicare fee for service costs, Medicare is stating it is more expensive than Original Medicare.

Insurance Quotes

There are websites all over the internet that say they offer "Free Insurance Quotes". However, if you have tried to do any comparison you will discover that usually they will provide you an insurance quote but 10 agents will be calling you for over a month trying to sell you one of their plans.