MWG Direct Blog

Medicare Surtax 3.8%

Many of you may not be aware of the new "Medicare Surtax" that will be noticed this tax season by several thresholds of individuals. This tax is 3.8% and is dependent on two numbers: the taxpayer's net investment income (NII) and the taxpayer's modified adjusted gross income (MAGI). The tax is applied on the lower of the two numbers, which means that people with low investment income will pay less.

Medicare Supplement Tax

The President recently allocated a large portion of his budget to Medicare and the Medicare Supplement Taxes. The plan is to increase the cost of certain Medigap policies to reduce the amount of people who want to pay for first dollar coverage. Certain members of Congress who have tried to get this passed for several years are pleased that it slipped into the President's proposal for the budget.

File Medicare Claims

Most of the time you will not have to file Medicare claims except in very rare cases. However, since you are reading this article we assume that you need to file a claim so here are the basics you need to know when filing a Medicare claim.

Michigan Medicare Supplement Rates

This article will be straight forward and explain how to get Michigan Medicare Supplement Rates in quick and hassle-free manner. First of all, understand that Medigap plans supplement Medicare - they are not Medicare Advantage Plans which take over the administration of your Medicare coverage.

Obamacare and Medicare Supplements

January 1, 2014 Obamacare (Affordable Care Act) went into effect. People all over the country have questions, and I think it would be fair to say that no one understands each nook and cranny of the Affordable Care Act but there are a lot of people with good advice and guidance. However, it seems that most people over the age of 65 are asking how are Obamacare and Medicare going to work together?

2014 Medicare Review

At the beginning of each year it is always encouraged to get a handle on your financial awareness and make sure all your insurance policies and investments are in line with your expectations. We agree with this an recommend our clients to consider a 2014 Medicare Review which would entail sitting down to make sure your coverage is providing the benefits that you want it to provide. This includes evaluating what you currently have and the gaps in coverage that you may or may not realize you have.

Mississippi Christmas Gifts 2013

This article will be a little different than typical "Medicare" based article. We will be covering what we believe are some of the top Mississippi Christmas gifts for 2013. This will include gifts you like to receive and good gifts for all those kids and grandkids. Since each state will be different in what is considered a good gift we have decided to do a post for Mississippi, since we live here and 40% of our clients base is from MS.

Medicare Help for Mississippi

MWG Senior Services is providing Medicare Help to the residents of Mississippi. Morgan-White Group (MWG) is headquartered in Jackson, MS and is recognized as being one of the top businesses in the state. The company started a senior division of the company after realizing that there were countless Mississippians needing help with the Prescription Drug and Medicare Supplement Plans.

Where do I find the best Medicare Supplement Rates?

Odds are you are reading this article because you want to find the best Medicare Supplement Rates available! Can't say I blame you, with coverage being standardized among insurance companies it makes it much easier to compare these Medicare Supplement Plans. These policies can not have different benefits from one company to the next so comparing plans really comes down to the price and the company's financial stability. 

Group Insurance or Medicare

With over 25 years in the insurance industry our company has received all types of questions from clients and business owners pertaining to their insurance. However, there is one that is popping up more and more now that people are working longer and that is "do in need group insurance or Medicare now that I am 65". Unfortunately, we can not give a one size fits all answer to this question. There are different factors that come into play like: high income penalties, group insurance rates (your portion), how many employees does your company have, and several other factors that must be considered if you want to make sure that you do the best thing for your coverage.

Compare Part D Plans

It is that time of the year - time to compare Part D plans. It is the Annual Election Period next week and this is the time of the year which you can compare and switch Part D plans. You do not have to compare or switch plans, but it is highly recommended since these plans will change each year.

Affordable Health Insurance

Affordable health insurance for those 65 years or older. It is the time of the year to compare Medicare insurance plans and also to enroll through the federal and state exchanges. We are going to give you some ways to compare plans and also some tips on the best way to compare insurance plans.