Never overspend on Leisure but spend more on things that matter

Never overspend on Leisure but spend more on things that matter

It is important to consider the fact that leisure is an enemy of our finances after retirement. Have you ever spend more and more on leisure or prestigious things to an extent where you feel like you will soon be out of your money? How is that feeling? You always feel like things could have been different if you didn’t get involved in such activities. It is very important therefore to consider reducing leisure activities and replace them with things that makes you happy but do not need you to spend a lot of money. Here are a number of tips to do so as to reduce spending on leisure.

Set aside small amounts of money for leisure activities

It is not a sin to spoil yourself once in a while but it should not be too much. In order to make sure that you spend little of your finances in leisure activities, you need to make sure that you set aside a small percentage of finances as leisure money. Leisure should, however, not be traded with anything else since you need to entertain yourself, relax and enjoy your life after retirement. It is very crucial therefore to consider it but make sure that it doesn’t drain ally your finances.

Leisure activities should come once in a while

In order to use your finances sparingly after your retirement, it is important to reduce the number of leisure activities because it means spending more money on leisure activities. For example, if you have been going out for mountain climbing and even for sky diving, you need to reduce the number of times you engage in such activities. This s because the more you engage yourself in such leisure, the more you will be expected to spend finances so as to pay for such services. You will, therefore, spend more money on Short Term Health Insurance 2020 and  to an extent where you will run out of your retirement savings.

Spend money on leisure activities that accrues profit

There are those leisure activities which might help you earn something from it. It is crucial to make sure that you start something such as dog training and even darts association where far from enjoying such an activity, you will also be enjoying yourself and spending your time well. Retirement becomes something special when it is managed well financially. That is the whole truth.

How Much Does Plan F of the Medicare Supplement Cost?

How Much Does Plan F of the Medicare Supplement Cost?

On June 1, 2010, two new Medicare supplements were introduced and were added to the other standard plans. The new additions were Plans M and N. Plan N offers similar benefits to Plan F along with a co-payment of US $50 for visits to the relief service and a co-payment of US $20 for a doctor’s visit. Depending on where you reside, Plan N costs about 70% of current Plan F. Medicare supplements were suppressed: plans E, H, I and J no longer existed as of June 1, 2010. The preventive care and recovery at home were also removed from the options of standard Medicare supplement.

When people become 65 years old and become eligible for a Medicare plan, they start to look into Medicare Supplementary or Medigap policies, as well as the services they offer and their costs. Medigap covers and pays part of the total health care that is not covered by the actual Medicare plan. As with all other insurance plans and plans, it can be difficult to decide which plan best suits your needs and situation. There are several factors that affect the monthly or annual premium of the supplement.

According to the ratings of Weiss, an independent and reliable force classification provider for insurance companies and banks, the Medigap plan most used for retirees and pensioners of 65 years, Plan F, is approximately US$1,800.00 per year. For North Carolina, prices can reach US$1,100 per year. This is around $95 per month. But you can ask what influences the prices of Plan F?

Medigap insurance plans and classifications

Medigap insurance plans are evaluated in three different ways: age, age reached and community classification.The age classification of the problem implies that the Medigap costs depend on the age of the initial insurance. Rates will not rise as the insured ages, but may rise, depending on factors such as the economy and inflation.The community rating does not take into account the age, but the insurance company reserves the right to adjust the cost of the claims during a period of time.

The average age costs for the plan are based on the age and initial date of the elderly.

Medigap Insurance Plans – Compare prices

Prices may vary depending on what Medicare Supplement plans 2020
plan it sells. There are two important things to consider when choosing the right plan. First, coverage is included in the comparison of offers. The second important factor is the qualification structure; This is where the monthly prizes are based. The Medigap rate is better for non-smokers than for smokers. It is also better for women and married people (due to discounts for members). In some cases, allowing bank checks can offer additional savings.

Medigap Insurance Plans – Costs with high deductible F

There are some companies that offer the high co-pay plan F. This cost sharing option makes a significant difference in the overall insurance premium. These plans offer a smaller premium in exchange for the client, who is at greater risk of possible extra expenses (high deductible). The franchises are redefined each year for high deductible plans.

Min 1: How to Exercise during old age

Min 1: How to Exercise during old age

 Benefits of exercise at any age cannot be over exaggerated. Studies show that older people who have a healthy and active lifestyle are less likely to fall ill and lead a happy life. Exercise thus becomes very important especially during this phase of life. Some of the key benefits of exercising regularly are:

  • Reduces Risk of Heart Attack and heart-related diseases.
  • Helps in regulating high blood pressure, Type 2 Diabetes and Stroke.
  • Regular exercise also ensures an improved body balance and fewer chances of accidental fall which is highly common during old age.
  • Contrary to common belief, exercising regularly reduces the risk of developing arthritis, osteoporosis and back pain.
  • It ensures overall well-being and a great sense of self-worth and self-esteem.
  • Overall a good exercise helps in proper blood circulation, increased muscle strength, good bone health and a healthy brain. 

 How Much Excercise should be enough for senior people

 Ideally, a 30-minute daily routine should be enough however it depends totally on your overall health conditions and your willingness. If you are starting up then take it slow and increase your pace gradually. Make sure that your exercise routine has a mix of aerobic activity, strengthing exercises and relaxing exercises. You can also join a Yoga club and start with Simple walking routine of 15-20 min every day. Make sure that you do yoga under a trained professional. You can also start with simple daily chores like:

  • Riding a bike/Cycle to the nearest grocery store.
  • Mowing your lawn
  • Dancing activity
  • Playing a sport you like
  • Doing household chores like picking up shopping, grinding etc

If you have problems in standing up or maintaining balance, you can opt for many simple seated exercise like:

Heel Raises: Keep your toes on the floor and raise your heel (repeat 10-15 times)

Wall Push-ups: Place our hands on the wall, keep a space 3 feet between the wall and you and lean forward (Repeat 10-15 times)

Sit-ups using chair: Hold the chair from the above properly with your hands and the take the seating position by half bending your knees. (Repeat 10 times)

One side balance with chair/wall: Place one hand on the wall/Hold the chair, stand at 2 feet distance and then lean towards the wall using the upper body.

Knee Lifts;

Ankle Rotation;

Toe Tap’

Neck Stretch;

Upper back;

Shoulder Squeeze;

Hand exercises like Grip practice, Hand rotation etc are very easy and highly effective.  Above all, consult your doctor and have a clear knowledge about your health condition. Go sensibly about your exercise regime and whenever you feel dizzy, uneasiness,  chest pain or shortness of breath immediately take medication, consult your doctor and do not neglect. Add to your healthcare and get info at for a supplement plan.

Ageing and Sleep patterns during old age

Ageing and Sleep patterns during old age

 Ageing is accompanied with a shift in ‘Sleep Architecture’ and ‘Sleep Patterns’. Irregular sleep patterns are quite common among elderly people because of multiple reasons causing a variety of sleep complaints and sleep disorders. Typically sleep becomes more fragmented and lighter with an increase in the number of arousals during the night sometimes causing a decline in deeper stages of sleep and rapid eye movement (REM). Visit to plan for 2020 healthcare insurance needs.

Best Medicare Supplement Plans 2020Although 7-9 hrs sleep a day is enough to lead a healthy life however this period gets prolonged due to these disturbances in sleep patterns. As per a study, 13 per cent male and 36 per cent female in their old age take on an average of 30 minutes to go to sleep. The possible explanation could be a decreasing level of melatonin,- a hormone responsible for promoting sleep. This could be further worsened by the rising level of anxiety, medication, frequent urination, and loneliness. Irregular sleep can cause many health related problems like heart disease, diabetes, weight problems, loss of memory, excessive daytime sleep and more nighttime falls.

Common Sleep-related disorders:

Insomnia: More than half of the older age people are suffering from Insomnia. Insomnia could be one of the following conditions:

  1. Lying in the bed for longer than periods like 30-45 minutes.
  2. Waking up multiple times during the night.
  3. Waking up early, feeling lethargic and tired all day. Late afternoon Naps.

Sleep Apnea or Snoring: Both are disordered breathing conditions and thus disturb sleep in the night multiple times.

Restless Leg Syndrome: This is a Periodic Limb Movement Disorder (PLMD) where the patient feels an irresistible urge to move the muscle.

Gastroesophageal Reflux Disease, Diabetes, Asthma and other immune disorders are a particular cause of sleep disturbances.

These Sleep-related disorders are also common among adults however the likelihood of occurrence increases during old age and tend to become severe.

Tips for getting back into your regular sleep cycle:

  • Go to bed earlier and maintain your sleep schedule, make a journal.
  • Keep your bedroom quite, dark and calm.
  • Take a warm bath before bedtime
  • Avoiding taking naps in the afternoon or take short naps in the early afternoon.
  • Avoid caffeine, alcohol etc.
  • Regulate the use of liquid or fluids at night.
  • Exercise or stay active during the day
  • Get under the Sun and Warm yourself Up
  • Limit use of electronic devices before going to bed.
  • Try to increase our melatonin levels naturally by improving diet and lifestyle.

In some extreme cases, medication can help however make sure that you do not depend on sleeping pills or sleeping aid as their long term use is not recommended.

Monthly Cost Of Advantage Plans

Monthly Cost Of Advantage  Plans

One of the main concerns of most recipients of supplementary healthcare, in addition to Medicare, is the question “What is the monthly cost of Advantage ?” Now, it is simple to know the exact insurance policy offered by each Advantage  plan, as it has a standard by law, irrespective of the company or state offering the plan. However, the price of Advantage  is a little more difficult to know and companies generally do not publish it due to customer loyalty and the more important, is for professional reasons.

The reason why there are no readily available 2020 medicare Advantage plan cost sources is that different companies use various methods to determine the premium that charges a particular person. Likewise, prices can change quickly depending on the circumstances of the policy. For example, a professional who is 65-year-old  and has no history of illness related to lifestyle can spend $ 290 for a J policy plan in California and $ 240 for Maine.

Similarly, company A can charge $ 260 to the same person in Florida, while company B can set the policy at $ 210. These situations are common and emphasize the need to properly inform insurers’ premiums so that policyholders can choose lower prices for the same insurance. In other words, look around. The government gives a guarantee on the same insurance for the chosen package, regardless of the price.

The factors which companies consider to determine Advantage  policy premium include age, location, gender, health status, smoking and marriage. These factors probably explain hospitalization and susceptibility to the disease. A healthy, 65-year-old woman who does not smoke but lives in the suburbs of the city pays lesser bills than a woman her age who lives in Los Angeles and smokes. These risk factors and this lifestyle play a major role in calculating premiums, particularly if they have been smoking for such a long time, since they involve lots of risk factors for diseases due to lifestyle. As mentioned above, if you choose a store policy at the best price, you get the same insurance, regardless of price.

Depending on age, which is a key indicator of Advantage  invoices, companies typically use 3 formulas to determine the price of policies. Evaluate the age policy, the price of the prizes regardless of your age and calculate a lower number over a long period. On the other hand, policies enrolled for under the issue age set their premiums depending on the age of the beneficiary when he first enrolled for the plan. Any increase in the future premium is modified to reflect inflation, however the calculation is not determined by age. Finally, prices for the attained age reached differ every year based on age. These policies have the highest cost of Advantage  premiums during the duration of the plan and are generally beneficial for insured people who buy up to old age. Knowledge of these details can save you thousands of dollars over the life of your Advantage  policy. To learn more about Advantage  costs, look for the services of a local healthcare representative or a trusted health insurance agent.

Medicare Supplement Plan Hints

Senior citizens are finding when they have joined Medicare Part A and Medicare Part B, that all their medical expenses are not covered. They are finding that enrolling in a Medicare supplement plan can help with the extra expenses not covered by Medicare. These plans are widespread and used by many seniors.

The Options

Medicare supplement plans are all standardized and are designated with the letters A to N. Each plan is unique and cover many medical benefits and each one is the same wherever you may reside. The insurance companies must tell you they are all the same. The difference will be in the cost of the premiums and that may be an important consideration when deciding what Medicare supplement plan you choose. Plan F is a very popular plan with medical benefits that appeal to a vast majority of people. Medicare supplement plans cannot be cancelled because of your health status.


Hospice care payments

First three pints of blood

Copayments for Medicare Part B

What is Not Covered by Medicare Supplement Plans

In order for you to decide which Medicare supplement plan you choose, you will need to know that some medical expenses are not covered by Medicare or Medicare supplement plans. Prescriptions drugs, vision, dental, long term care, hearing aids and nursing care will be the responsibility of the individual. Other costs to an individual would be your monthly premiums and yearly deductibles. Each Medicare supplement plan should be looked at carefully, as some may include some of these costs and the premiums will increase accordingly. Premium costs will be approximately $140 with Plan A.

What about Foreign Travel?

There are plans that will cover you when you travel to foreign lands and have a medical emergency. Plans C, D, F, G, M, & N will take care of 80% of your health concerns in foreign countries. This will be applied when you pay the $250 deductible.

What Is The Best Plan With The Most Coverage?

What may be the best 2019 medicare supplement plan G for your family or friends, may not be what will suit your medical needs. Your best choice will be the Medicare supplement plan that covers what medical needs you may have and the amount of cost for the monthly premiums that your budget will sustain. Some Medicare supplement plans are liked by many people because their coverage is more beneficial for their medical concerns. Plan F is very popular, but may have higher deductibles and lower premiums


As people continue to age, it is wise to maintain good health to avoid old age complications. There are various ways to prevent these, and some of these tips are defined here below.

  1. Eating healthy-Whole grain vegetables are essential for seniors due to the fiber content that is present in them it stimulates digestion which avoids issues such as constipation and other stomach related conditions.

Taking fresh fruits is also a good habit for the seniors to make sure that whenever they take food, it is balanced at all times. In case there is any advice from the doctor, ensure that the directives are followed to maintain good health.

  1. Having an active life- By doing something you enjoy will help maintain both the body and the mind active which will prevent some of the chronic diseases that may occur due to the idleness of the body. Exercise like jogging in the morning, lifting some weight lifting machines will still be great exercises to maintain a healthy body. Learn which Medicare supplement plans in 2019 will  save you the most money.
  2. Maintain relationships socially-Living alone often lead to depression which may cause death in old age. Seniors need to maintain healthy relationships with their families and have fun with friends such that they live happier than if they had opted to live alone. Research has shown that close to 30% of old people who leave alone are depressed due to loneliness. Strive to ensure that this is not the case for the time that you are living.
  3. Have sleep-By enough creating a regular schedule for sleeping will enable the old people to have enough rest and control conditions such as depression, getting irritable easily and loss of appetite due to fatigue. Whenever you arrange on the sleeping time, make sure that there are no interruptions whatsoever and this will contribute to healthy living.
  4. Avoid getting stressed-Stress may cause loss of memory, damage of brains and also depression. People who suffer from such are prone to getting heart attacks due to high concentration of blood in the brain without proper circulation of oxygen.
  5. Keep learning new things- It does not matter how old one is but the most important thing is to keep learning on anything new and researching for new information available at all times. Once you stop learning, the growth of the mind also gets retarded which becomes a risky process.
  6. Finally, ensure that you look for ways of preventing issues from occurring such as avoiding depressing yourself over things you cannot achieve and also managing your finances according to your ability.

Things You Must Do Before Your Any International Trip

Here is a simple mantra of a good and memorable trip: Good Travel is the result of good planning. It is really exciting to have those tickets in your hands foryour dream getaway. All one starts doing is a dream about how it will go and how much fun it will be. However, there are some things to do to make your trip actually a good one. In addition to planning the basics of any trip like lodging, restaurants, activities, and so on- international trips asks for some extra work to be done. Here are some important tips to consider making your next international getaway a stress free experience.

Check for your passport and apply for any necessary visas.

Most countries require that your passport be valid for six months after your return date. If you get stuck in one of those countries, you’d want to make sure they will let you get away with no problems. Check your passport and see if you need to renew it or not.Packseparately a photocopy of the information page of your passport and the visa of your destination.

Get vaccination and fill prescriptions.

For maximum protection, you should get any shots required six weeks prior your departure date. Don’tforget to consult a travel medicine professional if you are traveling to a country where the disease is rampant. Pack photocopies of your prescriptions separately from your medicines, and note the generic drug name. Pack your medicines in its medicinebottles, in your carry-on bag. If you need to use syringes, make sure that you have a written letter from the doctor and declare your syringes legal before you go through security. Pack more than enough medicine to last your trip.

Call the issuers of the credit cards you will be taking with you shortly before you leave.

Inform them of the countries you will be traveling to. Otherwise, your credit card could be denied as the issuer, might find the international activity suspicious. Know how to contact your company when abroad.  Visit an ATM as soon as you reach your destination and make a withdrawal in the local currency. If you are flying to a smaller airport in a developing country there is no guarantee that there will be an ATM. In these cases, purchase some local currency ahead of time.

Buy Travel Insurance.

If you have a Medicare Supplemental plans, then check with your policy provider if it includes overseas travel insurance as most of the plans does. If it doesn’t, and you want to add extra coverage consider travel insurance.

Pack appropriately.

Just take your necessary electronic devices. Do not take valuables like jewelry with you as they could attract thieves. Before you leave, empty your wallet of all other credit cards that you don’t intend to use on your trip. Pack an extra pair of prescription glasses, if you are using one. Use closed baggage tags to label each bag. Label each tag with your name, address,and contact number.  A little bit of extra effort can make your trip a stress free one and really memorable. Bon Voyage.

3 Things to Think – Then Go For Shopping Medicare Supplement Plans

There are some important things that you keep in mind when you want to buy any Medigap plans. Top three’s are discussed here.

Ways to enroll for 2019 Medicare supplement plan can be found at

There are mainly three ways to buy any Medigap plan.

  • When you turn 65, you are eligible for Medigap plan and can apply in an open enrollment session. It starts on the first day of the month of your age 65.
  • If you miss by chance the open enrolment period, you still have a chance. You can buy the Medigap plan but you have to go through under a medical inquiry.
  • If you still have employer medical insurance coverage then you don’t need to buy Medicare supplement plans. In that scenario when your employer coverage has ended, you will have two months of enrollment. This is known as Medicare supplement guaranteed issue rights.

Ways to set premium in Medigap:

There are three different ways to set premium range.

  • If the premium amount is not dependable on age, is known as a community – rated premium. These premium amounts are based on government selected premium range. They can’t ask for the higher premium.
  • That premium which completely depends on age with a fixed premium amount is known as issued – age-rated premium. The premium is set according to the age you bought the plan. This can increase according to state premium policy.
  • When you are under Age-attained-rated it doesn’t matter what age you buy Medicare supplement plans. An increment of the premium amount is directly proportional to your age.

Ways to find out the best health insurance policy under budget:

It is difficult to choose which policy is best for you and which company shares best offers with you. Here are some tips;

  • Check your needs. Point out your requirements which you want to cover through Medicare supplement plans.
  • Compare all plans according to your needs.
  • Check that the plan you choose is offered by your state or not.
  • Compare all premium amount state wise.
  • Choose the insurance company which has the highest rating in sells and customer’s satisfaction.
  • Sometimes the company offers some special discount, don’t miss that.
  • Have to buy individual plans for you and your spouse.
  • For foreign travel, you must need foreign medical coverage. Some Medicare supplement plans cover 80% of the out-of-pocket cost.

You have to check needs, analyze and compare before purchasing any Medigap

Issue-age pricing and attained age pricing

The insurance companies rate the policies in three different ways out of which issue-age pricing is one of them. Understanding how issue age technique works might help to understand how the premium for the policy is charged and consequently will help to choose the most favorable Medicare supplement plans.

How does it work?

Issue age pricing method

It means that the insurance company bases the cost of our premium on the age at which a person buys the policy or is issued. Under this type of pricing structure, for individuals at a younger age are charged with a lower premium. While under community-based plans the premiums do not differ with the age. It has no association with age at all. Prices may increase in the future due to inflation rates and the increasing health costs. In the long run plans with issue-age pricing might still end up to be cheaper than plans using attained-age pricing method.

Getting a 2019 medicare supplement plan can avoid the high costs of surplus medical bills.

To illustrate the above point, there can be two hypothetical examples. Person C of age 65 can purchase the Medicare supplement plan at a premium of $165 monthly. While if the same plan was purchased by Person H at the age of 75, the premium to be paid monthly could be $190 because this person is older than the former person.

Supplement Plans for 2019

Attained-age pricing method

Under attained age pricing method, the insurance premium to be paid is based on the current age and it will be higher if the age increases.

To illustrate attained age pricing, there can be stated two hypothetical examples. Person D is of age 65 at the time of first purchase of Medicare supplement plan will pay $100 as monthly premium which will increase to $150 by the time the person is 70. While if person F buys the same policy at 70 will pay a premium of $55 and will increase with age.

Other factors:

There are other factors which may result in the increase in the premium amount such as inflation and rising health care. Other factors that affect the overall cost can be the plans with high deductibles or discounts or use of underwriting. Medicare SELECT plans are a type of Medicare supplement plans which have cheaper premiums.

It is important to look at the pricing model used by the insurance companies while buying the Medicare supplement plans as they will have a future effect on the overall payment of the premium and not all insurance companies use the same method. Hence, it might also help to choose the best insurance policy served by different companies.