Card Archives - DR News - News, Retirement, Finance

Social Security Card Security: Why You Should Avoid Laminating Your Important Document

Washington, DC – Social Security cards should not be laminated to preserve their security features, according to the Social Security Administration. Instead, it is recommended to cover the card with plastic or another removable material to ensure its integrity. The AARP has been advocating for the protection of Social Security and Medicare, highlighting that a majority of older Americans oppose cutting these essential programs. The organization emphasized the self-financed nature of Social Security, with over …

Medicare Card Lost? Here’s How to Retrieve Your Medicare Number

MINNEAPOLIS, MINNESOTA – In late January, a client named Bill contacted me in a panic. He had lost his job and his healthcare insurance and needed to enroll in Medicare by March 1. Having already been automatically enrolled in Medicare Part A by Social Security, Bill now needed to enroll in Part B, but was facing difficulties doing so. One of his main challenges was not having his Medicare card on hand, which is a …

Scam Alert: Beware of Medicare Card Identity Verification Scam

In Staten Island, New York, residents have recently been warned about a scam targeting Medicare recipients. The Federal Trade Commission (FTC) issued an alert cautioning individuals to be wary of phone calls requesting identity verification for a new plastic Medicare card. This deceptive tactic aims to deceive unsuspecting victims into divulging valuable information. Scammers often pose as authorities or medical professionals, preying on individuals to extract personal details and money. The FTC emphasized the importance …

Protect Your Personal Information: Alabama Specialist Shares Tips for Safeguarding Your Social Security Card

Montgomery, Alabama – Scams targeting personal information are on the rise, making it crucial to protect your vital documents such as your Social Security card. Your Social Security card is not used for identification purposes in most cases; typically, you only need to know your Social Security number (SSN). Many business transactions do not require the physical card, and there are alternative documents you can use for various purposes. These alternatives include a birth certificate, …

Health Insurers Fail to Deliver for Young Californians 26 and Younger: Report Card Shows Alarming Trends in Health Care Access

SACRAMENTO, Calif. – Despite California receiving an A-minus grade for providing health insurance to children, a recent report by Children Now highlighted significant shortcomings in the state’s overall health care access and accountability for those aged 26 and younger. The report, which evaluates a wide range of issues affecting the well-being of young Californians, revealed that having health insurance does not necessarily ensure access to essential care. The optimization of insurance coverage for children and …

Regeneron Accused of Hiding ‘Hundreds of Millions’ in Eylea Credit Card Fees from Medicare

Albany, New York – A complaint has been filed against pharmaceutical company Regeneron alleging that it concealed a significant amount of credit card processing fees related to its drug Eylea from Medicare. The Department of Justice (DOJ) claims that Regeneron purposely failed to report these fees, amounting to ‘hundreds of millions’ of dollars, to Medicare. Regeneron’s Eylea is a widely used medication for treating certain eye conditions, including wet age-related macular degeneration. The complaint against …

Retire at 64 with $1 million saved and $600,000 inheritance: Managing $38,000 credit card debt and $3,000-$5,000 monthly expenses

EUGENE, Oregon – A single individual in their 60s is pondering the possibility of retiring at the age of 64 with a significant amount of savings and anticipated inheritance. With $1 million saved and an expected $600,000 inheritance, they are facing financial challenges including $38,000 in credit card debt and monthly expenses ranging from $3,000 to $5,000. The individual is seeking guidance on managing their finances to ensure a comfortable retirement. Financial advisors suggest creating …