Southern Senior Care Blog

News May Not be as Bad as it Sounds

On July 15th, General Motors announced that retired salaried employees 65 and older will lose their GM medical benefits. In exchange, GM will increase pension payments by $300 per month. My father is a retired GM employee, so I am very familiar with this situation. >>> Read the rest …

What does that mean?

The senate passed House Bill 1633 on Wednesday July 9th, by a “veto proof” margin of 69-30. The bill passed through the house with an overwhelming 355 to 59 votes. So, even though the white house has threatened a veto, this bill will likely survive. So, what does that mean to the millions of retirees who have Medicare and Medigap Insurance, or a Medicare Advantage Plan?

>>> Read the rest …