My friends over at the Medicare program make adjustments to patient out-of-pocket costs every year. This information is usually released in November for the next calendar year. With the new year rolling in, I thought there was no better time than today to take a look at the 2020 Medicare Part A Deductible. The Medicare Part A Deductible is increasing by 3.23% for the calendar year 2020. This $44.00 increase will put the Part A deductible...
Chautauqua. A meeting of the minds. In Ecuador. Normally, this type of thing would be out of the box for the Max Out of Pocket crew. But then again, this whole questionable blogging career has also been a bit out of the box. So here it went. Chautauqua — “…an old-time series of popular talks intended to edify and entertain, improve the mind and bring culture and enlightenment to the ears and thoughts of the...
Max has been neglecting coverage of my medical office building portfolio. I haven’t done an update on things since I made a case for diversification back on October 18th. I suppose a two week trip to Ecuador didn’t help my writing productivity. That’s not to say I haven’t been busy behind the scenes dollar-cost averaging into my new favorite healthcare REIT. Since then, I have purchased over 300 shares of Global Medical REIT Inc. The...
Well, after a 78-day wait, Max finally got in for his free annual preventive exam on 10/30/2019. As a completely healthy person, I guess I don’t know what I expected. Perhaps I was needlessly consuming a healthcare service that I really didn’t need to have. But ultimately, I was disappointed with the thoroughness of my 24-minute exam. Thankfully, my $21,574 insurance plan covered the exam in full with no out-of-pocket costs. Money well spent I...
Since Max has an affinity for FI/RE (Financial Independence / Retire Early) concepts, every once in a while we are going to get a post dedicated to the subject. In this case, we are going to broach the standard deduction bucket and do a little reverse engineering into the 4% rule. It isn’t completely off-topic, though. Becoming financially independent is a great way to protect ourselves from the current state of the healthcare system in...