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Creating Technologies to Help Retirees Choose Their Optimal Health Insurance

23.07.2013 04.38 GMT+0000

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Use The Brain, Retire Later

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Research coming out of the Alzheimer's Association International Conference in Boston last week is showing evidence that mature adults who stay engaged with work activity that promotes brain power and mental acuity have less risk of developing Alzheimer's disease or other dementia. The study included 429,000 workers' records in France where some of the best worldwide research on Alzheimer's is coming from (due to a governmental focus on the disorder). Researchers in the U.S. concur with the study results (the largest to date) and say that working keeps anyone active. There is physical engagement...

15.07.2013 03.56 GMT+0000

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11 Medicare Words Boomers Should Understand

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Retiree Health Choices is a Chicago technology company that helps retirees and Boomers navigate the often-complex Medicare sector. Recently, Retiree Health Choices launched EasyMedicareChoices.com to put retirees in the drivers’ seat with retirement insurance choices. Before anyone enrolls in Medicare, however, they need to better understand the lexicon of the retirement insurance system. (more…)...

09.07.2013 05.51 GMT+0000

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Five Tips For Boomers Transitioning To Medicare

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More 65-year-old Americans are electing to stay in the workforce, and if they’re fortunate to have benefits that accompany full-time employment, then full dependence on Medicare can be postponed. Most workers, however, are not so lucky when it comes to employer-provided health care. When an employee hits 65-years-old, the customary retirement age, then companies prefer health insurance benefits to be paid by Medicare. Anyone still working through their ‘60s, needs to be fully aware of details about group health insurance coverage and Medicare plans....

01.07.2013 08.29 GMT+0000

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Why Boomers Should Use EasyMedicareChoices.com

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There’s a new consumer website called EasyMedicareChoices.com, and it’s for: Seniors approaching 65-years-old Those beyond that age Caregivers of elderly who need help with their Medicare insurance The site was designed and developed by Retiree Health Choices, a Chicago technology company interested in helping retirees make more informed decisions about their health care. (more…)...

28.06.2013 06.13 GMT+0000

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Where Should You Retire?

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A recent study showed a state-by-state analysis of the best locations for adults 65 and older to settle down. The healthiest state for seniors was Minnesota followed by Vermont, New Hampshire, Massachusetts and Iowa. At the bottom of the list as the unhealthiest state was Mississippi with Oklahoma, Louisiana, West Virginia and Arkansas also at the bottom of the rankings. What factors contributed to a state’s healthiness for retirees? The researchers scored 34 measures of senior health; among them...

21.06.2013 03.46 GMT+0000

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Retiree Health Choices Launches EasyMedicareChoices.com

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This week, Retiree Health Choices launched the first-of-its-kind consumer website for boomers’ selection of Medicare supplement plans. The site, EasyMedicareChoices.com, is now in Illinois beta testing and includes three major insurance carriers, Blue Cross Blue Shield, Mutual of Omaha and Humana. The biggest feature of the website is the Personal Health Calculator. This tool helps people estimate total cost of Medicare, and it’s easy to use. With about six pieces of personal information (date of birth, gender, etc.), the calculator works its magic to help consumers get a better understanding of premium costs, doctor visits and unplanned procedures...

12.06.2013 06.00 GMT+0000

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Retirement Is Not The End Of The World

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Retirement for many is not what it’s cracked up to be. After awhile experiencing the golden years becomes more a chore than a relaxation. Many retirees are seeking jobs to get back into the workplace. At the University of Illinois at Urbana-Champaign, a new retiree rehire policy recently took effect. The human resources department has many new rules and regulations about how to rehire a former University of Illinois employee out of retirement...

05.06.2013 07.10 GMT+0000

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The Transition To Retirement

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Every day, 10,000 people turn 60-years-old, and there are more enrolling in Medicare when reaching 65-years-old. That magic age of 65, 67 or even 70-years-old has been burned into our heads since youth. It’s the age of retirement…the golden years when life is easy and time for relaxation is on our hands. Because there are so many Boomers heading into “retirement,” there is also more research about what happens shortly thereafter. Encore.Org...

22.05.2013 04.09 GMT+0000

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Understanding The Albatross of Retiree Health Costs

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It used to be that when retirees were fortunate to have had lengthy service in corporate America, there was often a small pot at the end of the rainbow to pay for healthcare in retirement. Or retiree health insurance could be paid for with a pension. Today? Not so much. Those fast approaching retirement age, 64-years-old, need to address the albatross of retiree health costs directly and lighten the load. The annual Fidelity study of health costs estimates, "that a couple retiring at 65 will need $240,000 to cover health costs in retirement."...

14.05.2013 06.34 GMT+0000

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Health Care Cost Contributes To Retirement Location

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In many national magazines of late, there are special retirement features showcasing everything from places to live, the best this and the best that. In Money magazine's 2013 Retirement Guide, it details the top 20 places to live when retired. The locations were selected via survey response from people 55+ interested in finding a great location to live it up after working for four decades. Imagine all the factors that contribute to making a choice of where to live when considering retirement! (more…)...