News from the Reference Desk Category: Seniors

Medicare Open Enrollment

Open enrollment for Medicare D (prescription drugs) begins October 15 and runs through December 7. Changes in premiums, co-pays, deductibles and drugs covered for all drug plans may change from year to year.  Assistance with the enrollment process is available through the Village. Senior Health Insurance Program (SHIP) volunteers and staff use a tool from the Medicare website to help participants determine which plan is best for the coming year. They will also assess whether participants are eligible for extra help with plan premiums and co-pays. To schedule an appointment to enroll or review current plans,  call 847/870-5680. There is limited availability for appointments so calling sooner than later is advised.

For additional guidance you may want to look at the Medigap Report from Weiss Ratings. This is an online resource to which the Library subscribes. The Report provides users with a lengthy, customized report outlining all of the various Medicare supplements including Part D. It also includes costs and ratings for each provider. You can access this resource here.

2020 Mid-year Legislative Update for Seniors

calling all seniors!Would you like to learn more about how local, Cook County, state and federal officials are assisting senior members of our community during this challenging time? You may like to attend a Zoom discussion and legislative update meeting session hosted by AgeOptions and local senior service agencies. Please see the official invitation.

The North Suburban Session is scheduled for Wednesday, July 29th, 2020 from 8:30 am to 9:30 am.  Registration is not required.   Here is the login information:
Zoom access link: https://bit.ly/3ij5raM
Or, dial in via the phone: 1-312-626-6799 (Chicago)
Meeting ID: 977 1224 6886
Password: 938391
Find your local call-in number: https://zoom.us/u/ab8KMtJLY

 

 

Money Smart Week Goes Virtual!

Money Smart week, originally scheduled for April 4-11 this year, was canceled like almost everything else due to the COVID-19 precautions.  Financial literacy doesn’t stop being relevant, however, and so in an expanded celebration of Financial Literacy Month all April, the good folks behind MSW have created useful, educational, and insightful webinars on various topics. Each topic is uniquely relevant to our current environment and is pre-recorded so you can view them when it is most convenient for you! Just click on the links below:

-Take Control of Your Finances

-Inside America’s “Financial Diaries”

-Money and Budgeting for Kids!

 

 

Help Coming for Wrongly Inflated Tax Bills

According to an article in the July 6, 2019 Daily Herald, a “miscalculation” of the senior freeze property tax discount by the Cook County assessor’s mainframe computer artificially inflated thousands of tax bills for low-income homeowners in Wheeling Township.  The problem was isolated mainly to Wheeling Township seniors but a few errors were also discovered in other townships.

The Cook County Assessor’s office is issuing certificates of error to the affected homeowners. These bills will replace the ones issued by the Cook County treasurer’s office earlier this month. 3200 properties were reported to Wheeling Township Assessor Jerry Sadler but he also found about 100 other homeowners affected who were not on the list.

Those seniors eligible for the discount are encouraged to carefully check their bills. If you have questions, please contact the Wheeling Township Assessor’s office by telephone at 847-259-1515 or by email at taxpayerassistance@wheelingtownship.com. The assessor’s office will review your information.

May Is National Older Americans Month

Are you an older American interested in improving your financial literacy? Get informed with free tools and resources available at the CFPB’s Working with Older Adults webpage. You can also download guides for specific topics such as Reverse Mortgages and Managing Someone Else’s Money, as well as find informational blogs about related topics. Free publications—such as Money Smart for Older Adults and Understanding the Benefits of Social Security (in English and Spanish)—can be ordered here. The Administration for Community Living is the federal government agency that sponsors this observance. Get more information here.