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Long Term Care Insurance – Future Purchase Option

Posted on Friday, 12th December 2025 by Dennis Damp

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My wife and I enrolled in the Federal Long Term Care Insurance Program’s Future Purchase Option when it was first offered in the early 2000s. Our monthly premium for Mary was $35.59, and I was paying $37.98 for 5 years of coverage with a maximum lifetime benefit of $228,125. The daily benefit amount was $125. […]

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Open Season Coming to a Close – Last-Minute Checkup

Posted on Tuesday, 2nd December 2025 by Dennis Damp

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The open season for FEHB / PSHB health care plan changes will close on December 8th, this coming Monday!  There is still time to consider a change, and the following resources will help you through the expedited process. Review and Compare Use my comprehensive Open Season Selection Guide, articles I published, and related resources to […]

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Medicare & You 2026 – Significant Changes on the Way

Posted on Friday, 31st October 2025 by Dennis Damp

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This guide is worth the time and effort to review and learn about your exceptional Medicare benefits. From signing up, what Medicare covers, the various plan options to consider, and how to get help paying for your healthcare drug costs, to your rights and protections. Every year, Medicare sends out its “Medicare & You” pamphlet […]

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Prescription Drug Costs – Major Price Cuts Coming

Posted on Friday, 17th October 2025 by Dennis Damp

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The President recently announced three agreements with Pfizer, AstraZeneca, and EMD Serono to reduce American drug prices dramatically. These prices are in line with the lowest prescription drug prices in other developed nations (known as the most-favored-nation, or MFN, price). EMD Serono’s cost reductions for its fertility drugs will result in substantial savings on fertility […]

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FEHB & PSHB Open Season – Higher Premiums Heading Our Way!

Posted on Friday, 29th August 2025 by Dennis Damp

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Over the past three years our health care premiums have increased an average of 29.9%! If this trend continues, many will be seeking lower cost coverage among the FEHB/PSHB providers. The 2025 Open Season runs from November 10, 2025, through December 8, 2025. Federal and Postal employees are able to evaluate their health, dental or […]

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Social Security Tax Relief for Millions of Senior Citizens

Posted on Friday, 4th July 2025 by Dennis Damp

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The reconciliation bill HR-1, passed by Congress and signed by the President on Independence Day, ensures that nearly 90% of Social Security beneficiaries will no longer pay federal income taxes on their benefits. This bill provides meaningful and immediate relief to millions of seniors. Social Security Commissioner Frank Bisignano recently stated, “This is a historic […]

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FEHB / PSHB Open Season Online – Access & What it Offers

Posted on Friday, 22nd November 2024 by Dennis Damp

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The healthcare open season can be overwhelming. There are many choices to consider, and you must use Login.gov to sign in to OPM’s Open Season Online. Once you enter the site, retirees and survivors can change plans, print out a copy of your Open Season Health Care Guide, or request hard copies of plan brochures […]

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IRMAAs and the Open Season Connection – Proceed with Caution

Posted on Friday, 15th November 2024 by Dennis Damp

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If your income has or will increase due to Required Minimum Distributions (RMDs) or accrued interest, dividends, and capital gains from your cash and investments, review the Part B and D IRMAA premiums listed below. Income-Required Monthly Adjustment Amounts (IRMAAs) make Medicare Advantage Plans less attractive, even though they provide Part B subsidies. The Centers […]

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