WellesleyWeston Magazine

FALL 2018

Launched in 2005, WellesleyWeston Magazine is a quarterly publication tailored to Wellesley and Weston residents and edited to enrich the experience of living in two of Massachusetts' most desirable communities.

Issue link: https://wellesleywestonmagazine.epubxp.com/i/1011917

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Page 117 of 207

sometimes, it can be very expensive to take the advice of friends. That's what one couple discovered when they visited a SHINE volunteer for Medicare information at the Weston Council on Aging. They were turning 65, and their friends urged them to sign up for Medicare rather than retain the husband's company insurance plan. SHINE counselor Marilyn Cerniglia did extensive calculations to compare their current annual medical costs with what they'd be under Medicare. The result: the couple together would save an esti- mated $2,000 a year by staying on the company plan. Like many high-earning people in the affluent suburbs, their Medicare premiums would be subject to surcharges. Since their joint income was greater than $320,000 a year, they each would have to pay an extra $368 a month for health and drug coverage. With Medicare supplement and drug insurers rolling out their 2019 plans, now is the time for an annual health coverage checkup. It's not unusual for SHINE counselors to save clients hundreds of dollars by helping them change plans during Medicare's open enrollment period of October 15 to December 7. The new policies go into effect January 1. SHINE — Serving the Health Insurance Needs of Everyone (on Medicare) — offers free, confiden- tial appointments at senior centers throughout the state. It's part of a federal program that relies pri- marily on volunteers like Cerniglia. If you don't know your Part A from your Part B, Medicare Advantage from Medigap, or are baffled trying to decide among the more than 20 Part D drug insurance plans, you're not alone. Medicare — with SHINE volunteers can save you money — and your sanity Baffled by Medicare? You ' re not alone. S T E V E M A A S writer W A V E B R E A K I M A G E S ( W V V ) 116 W e l l e s l e y W e s t o n M a g a z i n e | f a l l 2 0 1 8

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