A common question from individuals researching their Medicare options is, “Can Medicare Part D be opted out of?” Howard Hook was interviewed by the New York Post and offered an answer to a reader of the “Dear John” column.
Protection Planning
Soaring Homeowner’s Insurance: Forcing Tough Choices
The cost of homeowner’s insurance is going through the roof. Premiums have soared in recent years, but it’s not the same type of inflation that affects the cost of your cup of coffee or a new appliance for the kitchen. Learn why it’s happening and what you can do about it.
Seniors Could Score Big Savings on Prescription Drug Costs
Prescription drug costs are out of control, and the government is about to help. The Inflation Reduction Act includes provisions giving Medicare the right to negotiate. Here’s how it should help.
Who is IRMAA, and Why Does She Hate Me?
IRMAA is an unavoidable surcharge that Medicare recipients must pay at some point. Learn when it impacts you, how it’s calculated, and how you may be able to reduce it.
Insurance 101: Understanding the Importance of Umbrella Liability Coverage
Accidents happen. That’s a fact of life. One of the most important parts of a financial plan is ensuring the protection of your nest...
Open Enrollment for Affordable Care Has Begun
If you are not enrolled in an employer-sponsored health plan, you have until December 15 to get coverage for you and your family.
How to Appeal a Medicare Denial
When you’re sick or injured, the last thing you need is for your medical claim to be denied. Here are some tips on how to appeal a Medicare denial.
Deciphering the Many Medicare Plan Options
When it comes time to evaluate the seemingly infinite number of Medicare Plan options, your head may spin. We shed some light on the options.
Permanent Life Insurance is Again a Crucial Part of Wealth Protection
Permanent life insurance is an important part of wealth protection planning. Learn how your policy can impact your retirement planning and more.
How the Auto and Liability Insurances You Select Can Impact Your Financial Plan
Auto and liability insurance can play an important role in protecting your financial plan. Learn about key auto coverages, liability protection and how umbrella insurance can provide an additional layer of protection.
Property and Casualty Insurance: An often-overlooked part of one’s financial plan
Property and casualty insurance can play an important role in protecting your financial plan. Learn what P&C insurance covers and what to look for when reviewing homeowners or renters insurance.
When Can Medicare Part D be Opted Out of?
Medicare can be complicated. The New York Post asked us to answer this question recently: Can I opt out of Medicare Part D?