Category: Articles

  • Hawaiian Pie Company Honors Great-Grandfather’s Baking Legacy

    Generations Magazine -Hawaiian Pie Company Honors Great-Grandfather’s Baking Legacy - Image 01In the mid-1930s, Yoshio Hori opened a bakery in Kohala on Hawai‘i Island, selling pastries, breads, cookies and pies. He meant to name the bakery after himself, but it became a westernized version of the Japanese name due to a packaging order miscommunication.

    His son, Richard Sr., recalls, “My father told (the salesman) the name was Hori. He heard ‘Holy.’ So that’s why the bakery is Holy’s Bakery.” Holy’s Bakery became famous throughout the state as the place to get buttery, melt-in-your-mouth pies.

    Today, the baking tradition still runs strong in the Hori family. Every generation has produced bakers with the legacy continuing at The Hawaiian Pie Company.

    Generations Magazine -Hawaiian Pie Company Honors Great-Grandfather’s Baking Legacy - Image 02
    (back row) Matthew Chun-Hori, Andrew Chun-Hori, Joel Hori (front row) Jan Hori, Grandpa Richard “Yasu” Hori Sr., Lindsey Chun-Hori. Photography by Grant Shindo.

    In December of 2014, Yoshio’s grandson Joel Hori and his children, Matthew, Lindsey, and Andrew Chun-Hori, opened their doors in Kalihi. The new bakery is not affiliated with Holy’s Bakery, but it does honor Grandpa Yoshio by offering a line of traditional flavors that include the famous Butter Apple and Peach pies. Along with these delicious traditional pies, they have introduced new flavors that were created in their kitchen at home in Manoa Valley.

    Generations Magazine -Hawaiian Pie Company Honors Great-Grandfather’s Baking Legacy - Image 03“The next generation of flavors features the same buttery crust with tropical flavors like Passion Fruit, Pear and Strawberry Guava,” said Matthew. “We also have a cool specialty Hawaiian topping that accompanies some of our flavors, which is a great addition to our pies.”

    Joel’s children were a major part in the revival of the family business. “We grew up with the stories Dad and Grandpa used to tell of growing up in the bakery and the magic that was Grandpa Holy’s Bakery (Yoshio),” said Lindsey. “Family is why we do what we do.”

    Generations Magazine -Hawaiian Pie Company Honors Great-Grandfather’s Baking Legacy - Image 04Youngest brother Andrew adds, “I’m bringing this part of the family into me and looking up to my Grandpa, Dad and Uncle; it’s cool to be able to follow in their footsteps.”

    Richard Sr.’s face radiates with contentment as he hears the respect and love his grandchildren have for the family. “If my father is looking down from heaven, he’s surely smiling.”

     

     

     

     

    Generations Magazine -Hawaiian Pie Company Honors Great-Grandfather’s Baking Legacy - Image 05

     

     

    508 Waiakamilo Rd., Honolulu
    808-988-7828 | www.hawaiianpieco.com

    Generations Magazine -Hawaiian Pie Company Honors Great-Grandfather’s Baking Legacy - Image 06

    In the mid-1930s, Yoshio Hori opened a bakery in Kohala on Hawai‘i Island, selling pastries, breads, cookies and pies. He meant to name the bakery after himself, but it became a westernized version of the Japanese name due to a packaging order miscommunication. His son, Richard Sr., recalls, “My father told (the salesman) the name…

  • To Buy or Not to Buy a Vacation Home?

    You finally feel ready to make that dream purchase. Before you put an offer in for a getaway on a neighbor island or a city lights apartment, consider the realities of owning a second property.

    Can you afford it?

    Owning a second home entails additional expenses such as:

    • Furniture or other household items
    • Air fare or wear and tear on your vehicle
    • Annual repairs or improvements
    • Recreational equipment such as a boat
    • Utilities: heat, air-con, water, internet and cable
    • A security system for when you’re away

    If you plan to rent your vacation home, you may need to hire a property manager.

    Is the location right?

    Homes in areas where temperatures dip below freezing need to be winterized and monitored to avoid frozen pipes. Where there’s snowfall, there’s shoveling and plowing to manage. Distance is also a key consideration, and the relative ease of getting there. Have you chosen a location and property that will grow in value or will it be hard to sell when the time comes?

    Would renting be a better option?

    Short-term property rental can provide the comforts of a home without the obligations of ownership. Rather than be tied to one place, you can explore new locations when you take a vacation. Alternately, if you do purchase a vacation home, you may want to list your property as a rental when it’s not in use. If your vacation home is in a high demand area, you might be able to generate an income stream—but don’t forget the costs of managing the property from afar.

    How will your taxes be affected?

    Different tax rules apply to owning a second home, which can be somewhat complex. Rental income and expenses, property taxes and mortgage interest are a few items that could impact your tax return. You’ll want to consult with a tax advisor to sort out the details and discuss how your taxes will be affected.

    There are a lot of factors to think about before purchasing a vacation home. Consider working with a financial professional to determine how buying a second home will affect your long-term financial plan.


    Michael W. K. Yee, CFP
    1585 Kapiolani Blvd., Suite 1100, Honolulu
    808-952-1222 ext. 1240 | michael.w.yee@ampf.com

    Michael W K Yee, CFP®, CFS®, CRPC®, is a Financial Advisor and CERTIFIED FINANCIAL PLANNER practitioner™ with Ameriprise Financial Services, Inc. in Honolulu, HI. He specializes in fee-based financial planning and asset management strategies and has been in practice for 30 years.
    Ameriprise Financial, Inc. and its affiliates do not offer tax or legal advice. Consumers should consult with their tax advisor or attorney regarding theirspecific situation.
    Investment advisory products and services are made available through Ameriprise Financial Services, Inc., a registered investment adviser. Ameriprise Financial Services, Inc. Member FINRA and SIPC.
    © 2015 Ameriprise Financial, Inc. All rights reserved. File # 1106728

    You finally feel ready to make that dream purchase. Before you put an offer in for a getaway on a neighbor island or a city lights apartment, consider the realities of owning a second property. Can you afford it? Owning a second home entails additional expenses such as: Furniture or other household items Air fare…

  • Protect Your Property and Loved Ones

    The older we get, the more closely we look at our finances, real estate and family. Thinking about our home, who will inherit it and how will we want to be remembered. Estate planning, the next step in this thought process, can be very confusing and overwhelming. Senior real estate specialists are trained to work with you every step of the way, coordinating all the professional consultants you will need along the way. Educating yourself is the key to being prepared. Can you answer these questions?

    • Do I need a trust? Do I have a trust?
    • Is my trust up to date?
    • Should I have a revocable or irrevocable trust?
    • Who should administer my estate?
    • What taxes affect the value of my estate?

    If you do not know the answers to all these questions, LIST Sotheby’s Senior Concierge hosts free seminars year round, where experts in trusts, taxes, wills and estate planning will give you the information you need. Here are two upcoming events:

    March 14, 2015 — Legal Considerations

    Presenter: Scott C. Suzuki, AAL

    He will cover trusts, estates and taxes.

    May 2, 2015 — Decluttering, Downsizing and Selling Your Current Home

    Presenter: Christina & Yumi Laney

    They will cover downsizing your home.

    For more information, registration (seating is limited) and a 2015 schedule of free seminars, please call 808-282-1399.

     


    List Sotheby’s International Realty
    808-282-1399 | Seniors@LaneyRE.com
    www.laneyre.com.

    The older we get, the more closely we look at our finances, real estate and family. Thinking about our home, who will inherit it and how will we want to be remembered. Estate planning, the next step in this thought process, can be very confusing and overwhelming. Senior real estate specialists are trained to work…

  • Know Your Numbers

    You may have seen a report late last year explaining that Hawai‘i was the healthiest state in the nation. While good health is certainly good news, the story involved a summary of limited information, and did not reflect the current state of kidney disease in America.

    Unfortunately, incidence of the disease has more than doubled in the past decade and is projected to double again in the next 10 years. Here in Hawai‘i, the incidence of kidney disease is approximately 30 percent higher than the national average: 1 in 7 people have the disease — often without realizing it during the early stages.

    Chances are, unless you are already diagnosed with kidney disease, you do not “know your numbers” for healthy kidneys. Results from a simple blood test and urine analysis requested by your doctor will help you know if your numbers are good. One way to know your kidneys are healthy is to “know your numbers”— so ask your doctor. If you haven’t seen your doctor for a while, now is a good time to get a checkup. Ask your doctor about your glomerular filtration rate (GFR). Your GFR number tells you how much kidney function you have. As kidney disease worsens, kidney function declines and the GFR number decreases. Early detection can allow you to slow down or even stop the disease from worsening, by changing your lifestyle and following your doctor’s advice.

    Help us reverse the trends associated with kidney disease by helping yourself. “Know your numbers.”

     


    National Kidney Foundation of Hawaii
    808-589-5976 | jeff@kidneyhi.org
    For Planned Giving: www.kidneyhawaii.org
    Main: www.kidneyhi.org | www.kidney.org

    You may have seen a report late last year explaining that Hawai‘i was the healthiest state in the nation. While good health is certainly good news, the story involved a summary of limited information, and did not reflect the current state of kidney disease in America. Unfortunately, incidence of the disease has more than doubled…

  • Retiring Early? Answer 5 Questions First

    While many people are forced to stop working earlier than they’d planned due to health or employer issues, others dream of early retirement. The upside of early retirement is easy to understand – more time to pursue your interests, while you are still healthy. The downside risks center on cost of retirement, and the emotional impact of changing your routine. Keep in mind that given today’s life expectancies, anybody who retires before age 65 or 66 could easily spend two or three decades in retirement. Given this reality, here are five key questions you should answer before you decide to retire early:

    Q1: Do you have a realistic plan to generate income for decades?

    Making realistic projections about all sources of future revenue and how much income you can draw over a lifetime really matters. Remember, cost of living will likely increase over time, requiring you to withdraw more from your nest egg in the future. To meet this financial challenge, you need a large, widely invested portfolio. Be sure to add in other sources of retirement income: Social Security, pension income and inheritance you have received or can count on receiving.

    Q2: Do you have outstanding debts to pay?

    If you continue to carry a home mortgage, automobile loan, credit card debt or home equity loan into retirement, ongoing payments subtract from your disposable income. The ideal situation is to have little or no debt when you head into retirement so you can be more efficient in the use of your available financial resources.

    Q3: Are you going to claim Social Security benefits early?

    Most people are first eligible to claim Social Security benefits at a reduced rate, when they reach age 62. Full retirement benefits are paid to persons who retire between ages 65 and 67, depending on the year of birth. Early retirees must prepare to either substitute for Social Security benefits in earlier years or accept smaller Social Security payments throughout their lives.

    Q4: What is your plan for health care?

    One of the costliest aspects of early retirement is paying for private health insurance after you leave work and before you are eligible for Medicare. Explore your options for health care exchanges and private insurers. Perhaps you are covered under a former employer’s plan for retirees. Remember, persons in their 50s and 60s often pay the highest premiums for health insurance, so this will represent a significant expense.

    Q5: Are you emotionally prepared for a dramatic change in your life?

    Leaving the routine you’ve been living for decades is a significant adjustment. Before leaving the workforce, envision your new life after retirement. Plan to stay active and connected to people; provide yourself the the kind of stimulation you were accustomed to while you worked.

    Early retirement is likely to work out best for those who plan ahead. Answering these five questions in an honest and comprehensive way is a good starting point.

     


    Michael W. K. Yee, CFP
    1585 Kapiolani Blvd., Suite 1100, Honolulu
    808-952-1222 ext. 1240 | michael.w.yee@ampf.com
    Michael W K Yee, CFP®, CFS®, CRPC®, is a Financial Advisor and CERTIFIED FINANCIAL PLANNER practitioner™ with Ameriprise Financial Services, Inc. in Honolulu, HI. He specializes in fee-based financial planning and asset management strategies and has been in practice for 30 years. Investment advisory products and services are made available through Ameriprise Financial Services, Inc., a registered investment advisor. Ameriprise Financial Services, Inc. Member FINRA and SIPC. © 2014 Ameriprise Financial, Inc. All rights reserved. File # 1065887

    While many people are forced to stop working earlier than they’d planned due to health or employer issues, others dream of early retirement. The upside of early retirement is easy to understand – more time to pursue your interests, while you are still healthy. The downside risks center on cost of retirement, and the emotional…

  • Gong Hey Fat Choy!

    The Year of the Sheep Chinese New Year celebrations in Honolulu include the oldest ethnic pageant in the U.S., The Narcissus Queen Pageant, and a host of free public events. The month-long celebration peaks on Feb. 14 with the Night in Chinatown Festival and Parade. New Year decorations, fireworks, lion and dragon dances, and delicious treats will bring over 3,500 visitors to Chinatown’s 12-block section of Honolulu’s business district. Traditions centered around warding off evil and wishing everyone health, happiness and prosperity for the coming year are a great way for seniors and their families to bring in the New Year.

    February 13, 5pm Chinatown Open House Lion dance performances by more than 12 lions throughout Chinatown — Bethel Street to River Street, King Street to Beretania Street — kick-off at Chinatown Cultural Plaza at 5 pm. Blessing begins at the Chinese Chamber of Commerce at 8 N. King St., starting at 6 pm. Presented by the Chinese Chamber of Commerce and City and County of Honolulu.

    February 14 – 15, 11am – 9:30 pm Chinatown Cultural Plaza

    There will be food and stage performances in the Center Stage area. This event is presented by the Chinese Chamber of Commerce and the City and County of Honolulu.

    February 14, 8 am – 9:30 pm Night In Chinatown Festival & Parade

    The largest event of the Chinese New Year celebration is a festive
    block party throughout the day in the heart of Chinatown in Honolulu with more than 100 food, craft and cultural booths. Five stage performances, lion and dragon dancing and other activities from various cultural ethnic groups start at 8 am and end at 9:30 pm, on Smith, Pauahi and Maunakea Streets.
    The Night in Chinatown parade starts at 3:30 pm on Hotel Street, then proceeds from the State Capital to River Street. With over 90 marching units, over 3,500 participants and cultural groups, including

    2014 Chinese New Year in Chinatown. Photos courtesy of Paul D.Y. Chun and the Chinese Chamber of Commerce of Hawaii
    2014 Chinese New Year in Chinatown.
    Photos courtesy of Paul D.Y. Chun and the Chinese Chamber of Commerce of Hawaii

    colorful lions and the dragons, the parade ends with the longest dragon in Honolulu, (approximately 150 feet). This event is presented by the Chinatown Merchants Association, Honolulu Chinese Jaycees and City and County of Honolulu.

    February 19

    Celebrations at other various restaurants and venues.

    February 21, 11am – 2pm Ala Moana Shopping Center

    Center Stage events at 11am, followed with more than 14 lion dances throughout the shopping center and ending with a meet-&-greet event at 2 pm. Presented by Ala Moana Shopping Center.


    Chinatown Merchants Association
    808-306-4584 | hawaiichinatown@yahoo.com

    The Year of the Sheep Chinese New Year celebrations in Honolulu include the oldest ethnic pageant in the U.S., The Narcissus Queen Pageant, and a host of free public events. The month-long celebration peaks on Feb. 14 with the Night in Chinatown Festival and Parade. New Year decorations, fireworks, lion and dragon dances, and delicious…

  • 2015 Generations Magazine Workshops

    Generations Magazine workshops are specially designed to offer Hawai‘i’s seniors and their families expert knowledge and choices to improve their quality of life.

    When: 3rd Thursday of every month, beginning in February

    Time: 9 am – 2:30 pm

    Where: Ala Moana Pacific Center, 1585 Kapiolani Blvd.

    • LIMITED seating, RSVP recommended*
    • Contact: Scott Sakata, Realtor, Seniors

    Real Estate Specialist (SRES)

    808-228-4916

    ScottSakata@hawaii.rr.com

    Certain restrictions apply. Call for details. Call for directions and parking information.

     

    February 19

    March 19

    April 16

    9:00-9:50am

    Fall Prevention Tips

    Living With Alzheimer’s

    Elder Abuse and Scams

    10:00-10:50am

    Interior Home Renovations

    Hospice Care

    10 Things to Know About PT

    11:00-11:50am

    In-Home Care Options

    Medication Management

    Aging in Place

    12:30pm-1:20pm

    Senior Living Projects

    Staying Healthy Thru Excercise

    Long Term Care Insurance

    1:30-2:20pm

    De-cluttering & Downsizing

    Nutrition and Health Tips

    Estate Planning

    Generations Magazine workshops are specially designed to offer Hawai‘i’s seniors and their families expert knowledge and choices to improve their quality of life. When: 3rd Thursday of every month, beginning in February Time: 9 am – 2:30 pm Where: Ala Moana Pacific Center, 1585 Kapiolani Blvd. LIMITED seating, RSVP recommended* Contact: Scott Sakata, Realtor, Seniors…

  • What Level of Care and Where?

    Cara had to face it — after 7 years, she couldn’t care for Dad at home any more. He needed 24/7 supervision and care and she was worn out. After calls to five facility managers, and getting no answers she collapsed in tears. Cora needed help right now…

    Cara’s story replays every day. Caregivers get beyond the limit of their own strength without even realizing it. Their loved one may not qualify for skilled nursing, but is already well beyond the care limit of assisted living.

    Some seniors are much happier in a small care facility that can provide increased care options when needed.
    Some seniors are much happier in a small care facility that can provide increased care options when needed.

    Hawai‘i has two more levels of care between Assisted and Skilled nursing: Adult Residential Care Homes (ARCH) which offers 24/7 supervision for safety and care for clients under the direction of a facility RN. An additional level of care is provided by Intermediate Care Facilities (ICF), with 24/7 care below the level of skilled nursing, but each client’s care is managed by an independent RN case manager, required by Hawaii State Department of Health. Case managers may cost an extra $500–$800 per month. Long-term care costs top out at skilled nursing facilities (SNF), which cost about $10,000/month in Hawai‘i.

    Some large care facilities offer independent living and all levels of care in different branches of their complex. A change in a person’s care level would mean moving to another section of the property, away from familiar clients, personnel and surroundings. Clients who choose smaller, friendly care homes without options for increased care services may have to move to a different facility when they require more care. When looking for placement in a small care home, one should try to find one that is licensed to provide intermediate care and has an Expanded Care License for skilled nursing care. Avoid the hassle and distress of moving when the inevitable happens.

    Most of all, be looking ahead, and don’t put off transition to a care facility until you are too exhausted to make a good decision. Your loved one and you will be much better off.

    _________________________________

    Kina ‘Ole Estates: Enriched. Dependable. Senior Living
    45-225 William Henry Road, Kaneohe
    808-233-4455 | bslaven@kina-ole.com
    www.kinaolehomes.com

    Cara had to face it — after 7 years, she couldn’t care for Dad at home any more. He needed 24/7 supervision and care and she was worn out. After calls to five facility managers, and getting no answers she collapsed in tears. Cora needed help right now… Cara’s story replays every day. Caregivers get…

  • A Fulfilling Life

    Kameko Miyahira doesn’t look or act like a 100-year-old. She rises every day at 5 am, makes her own breakfast and lunch, exercises, does a little housekeeping, works in the yard and takes a nap. I was so impressed at how Kameko could manage all the steps in her daughter’s Aiea house, where she has lived since 2003, when her husband died at 101 years of age.

    Generations Magazine- fm2015c
    Kameko dancing Kachashi at her 100th birthday party.

    Kameko was born on Maui on Nov. 3, 1914. Her parents moved the family back to Okinawa when she was in fourth grade. She was enrolled in the Japanese school system, where it was a difficult cultural adjustment. At age 17, Kameko returned to Maui, then the next year moved to Honolulu. She met the love of her life, Tokutaro, and raised two children. Kameko is also very proud of her five grandchildren and three greatgranddaughters. What a fulfilling life!

    In her younger years, Kameko worked as a waitress at various restaurants before acquiring a job at the Walker Estate as a personal companion to Mrs. Puna Walker. She worked until 1996, when she retired at the age of 86. The advice Kameko gave me to live as long as her is to “take care of yourself, plus walk slowly and safely.”


    If you know a centenarian, send us a photo and something about him/her. We’ll help you write their story! Contact Sherry Goya: 808-722-8487SGoyaLLC@aol.com

     

     

     

    Kameko Miyahira doesn’t look or act like a 100-year-old. She rises every day at 5 am, makes her own breakfast and lunch, exercises, does a little housekeeping, works in the yard and takes a nap. I was so impressed at how Kameko could manage all the steps in her daughter’s Aiea house, where she has…

  • Five Reasons to Love Your Library Card!

    Loving the library card, Ann and George Fujioka use it to access online and physical resources in the library.
    Loving the library card, Ann and George Fujioka use it to access online and physical resources in the library.

    You may not realize the endless possibilities your library card provides for exploring, enjoyment and lifelong learning at your Hawai‘i State Public Library System (HSPLS). Get a free card, at any one of your 50 public libraries.

    1. Access and Assistance for “Techie” Gadgets. Enter the online world using one of our 800 public computers with Internet access, available by reservation in libraries statewide. You may also borrow a fully functional netbook for a threeweek loan period from 37 of our libraries. Use free Wi-Fi (wireless data access) on your own device at any library during public service hours. Our library staff is available to assist, and can help you set up your device to download e-books, e-audiobooks, and e-magazines from our Over- Drive and OneClickdigital online collections, or create an email or Facebook account to keep in touch with family and friends.

    2. Enhance Your Travels Abroad. Explore places, people and cultures by borrowing travel books and e-books. Take Mango Languages or Powerspeak e-earning website courses to learn handy in-language catch phrases to communicate with the locals. Download reading for the “road” to your hand-held device. You may even apply for your passport at the Hawai‘i State Library’s Federal Document Section on O‘ahu and the Kea‘au Public & School Library on Hawai‘i island.

    3. Get Trusted Info for Health and More. Our librarians can offer confidential, reputable reference information from databases and websites to suit your individual needs. You may also access hundreds of free instructor-led, online courses provided by Gale Courses, ranging from personal finance to digital photography, and health and wellness. We also offer free access to Microsoft IT Academy’s 250 e-Learning courses, including basic WORD, Excel spreadsheets and more.

    4. Find Tax and Legal Forms. Hawai‘i State tax forms are available at your library. Some branches also provide federal tax forms. In partnership with the State Judiciary and Legal Aid Society of Hawai‘i, libraries now offer self-represented litigants frequently used civil (family, consumer and housing law) legal forms on www.lawhelp.org/hi. The website guides users in filling out the forms easily and correctly. Please consult your tax and legal experts for specific questions.

    5. Enjoy Leisure and Family Time. Explore your interests by borrowing popular e-magazines from Zinio. Topics include food, hobbies, sports, business, fashion and entertainment. Rent Korean TV dramas or family friendly DVDs for just $1. Most branches offer weekly preschool storytimes and year-round programs and activities. Celebrate “Heroes” during our seven-week 2015 HSPLS Summer Reading Program, which kicks off May 31. Call or visit us online for information.


    Office of the State Librarian
    Hawai‘i State Public Library System
    808-831-6878 | lds@librarieshawaii.org
    www.librarieshawaii.org

    You may not realize the endless possibilities your library card provides for exploring, enjoyment and lifelong learning at your Hawai‘i State Public Library System (HSPLS). Get a free card, at any one of your 50 public libraries. 1. Access and Assistance for “Techie” Gadgets. Enter the online world using one of our 800 public computers…

  • All-On-4: The Modern Solution

    Generations Magazine- fm2015m-1Many patients today with missing teeth have opted for the All-on-4 treatment as a viable solution to permanently replace missing teeth.

    All-on-4 dental implants offer you many important advantages:

    • A cost effective solution. Your new replacement teeth require only four implants for each jaw. Reducing the number of implants means lowering the cost of tooth replacement.
      Reduced need for bone grafting. The special tilting of two of the implants ensures a secure and stable anchorage for the replaced arch, typically making bone grafting unnecessary.
    • Faster treatment and healing time. Your replacement arch can be attached to your implants immediately. There is no need to wait for healing time between surgery and tooth replacement. Prosthesis options. You can choose fixed (one with highest durability and chewing function, but cannot be removed) or removable (one you can remove for easy cleaning).
    • Scientifically proven and documented. All-on-4 is supported by good clinical outcomes in studies where four implants were proven to support a full replacement arch.
      If you feel that your dentures make chewing difficult and prevent you from enjoying the foods you love, you may want to explore the possibility of implants — in particular, an All-on-4, option.

     


    Hawaii Center for Cosmetic & Laser Dentistry
    808-526-0670 | www.smilepower.net

    Many patients today with missing teeth have opted for the All-on-4 treatment as a viable solution to permanently replace missing teeth. All-on-4 dental implants offer you many important advantages: A cost effective solution. Your new replacement teeth require only four implants for each jaw. Reducing the number of implants means lowering the cost of tooth…

  • Medicare Enrollment Periods and COBRA

    It is February and if you have not signed up for Medicare Part B during your initial enrollment period and you are not covered by an active employer group health plan, you still may enroll until Mar. 31. Your coverage for Medicare Part B will begin July 1st and you may face a penalty.

    We have individuals that call us each year with a common question: “But I had employer group coverage — COBRA. Don’t I have 8 months to sign up for Part B?” We explain that Medicare enrollment periods apply to COBRA beneficiaries too.

    COBRA beneficiaries who are not currently employed and who delayed enrollment in Medicare Part B, may not qualify for a special enrollment period (SEP) to enroll in Medicare Part B after their COBRA coverage ends. They may, however, qualify for a SEP to enroll in Part D at that time, if the drug coverage they had under COBRA is creditable. Individuals on COBRA do not meet the definition of “current employment.”

    What is COBRA?

    The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families who lose their health benefits the right to continue their group health plan for a limited period of time. A worker may choose COBRA under circumstances such as voluntary or involuntary job loss, reduction in the hours worked, transition between jobs, death, divorce, and other life events. Qualified individuals may be required to pay a full premium, up to 102 percent of the cost to the plan.

    In certain instances, where coverage under the plan would otherwise end, COBRA generally requires that group health plans sponsored by employers with 20 or more employees offer employees and their families a temporary extension of health coverage (called continuation coverage).

    Other Special Enrollments (SEP) Available

    Medicare Advantage Disenrollment Period: Jan. 1– Feb. 14. If you’re in a Medicare Advantage Plan, you can leave your plan and switch to Original Medicare. If you choose to switch during this period, you’ll have until Feb. 14 to also join a Medicare Prescription Drug Plan. Your Medicare coverage will begin the first day of the month after the plan receives your enrollment form.

    5-Star Special Enrollment Period. Medicare plans are rated by members, plans, health care providers surveys and data. A 5-star rating is considered excellent. You can switch to a 5-star Medicare Advantage Plan, Medicare Cost Plan, or Medicare Prescription Drug Plan (if one is available in your area) once each year. The SEP runs between Dec. 8 and Nov. 30 every year. Contact Hawaii SHIP for more information.

     


    Hawaii SHIP (State Health Insurance Assistance Program)
    1-888-875-9229 | 808-586-7299
    help@hawaiiship.org | www.hawaiiship.org
    For 2014 Medicare updates: www.medicare.gov

    It is February and if you have not signed up for Medicare Part B during your initial enrollment period and you are not covered by an active employer group health plan, you still may enroll until Mar. 31. Your coverage for Medicare Part B will begin July 1st and you may face a penalty. We…