Medicare is considered an entitlement because most Americans get Medicare part A (the part that covers hospitalization) for free when they turn 65 years old. Medicare part B (the part that covers doctor visits) is usually a companion of part A, but seniors pay a monthly premium for their Medicare part B. Medicare part D… Continue Reading ›
If you are just aging into medicare eligibility now, or if you are already enrolled but unsure if your current benefits are including everything they should, you might have questions with regard to what medicare covers under Part A and Part B for 2018. Below we break out in detail everything that is included with… Continue Reading ›
Many Americans look forward to their 65th birthday because it means they are eligible to get healthcare through Medicare. For people who were previously buying health insurance through the marketplace, the prospects of a cheaper healthcare is exciting. The question that many of these newly aged-in seniors have is how to transition from Obamacare on… Continue Reading ›
If you worked and paid Medicare taxes for at least ten years of your life, you’re entitled to a zero-premium Medicare Part A, which means you only have to pay for Medicare Part B in order to receive Medicare coverage. Although these premium rates are typically more affordable than individual plans available to the under… Continue Reading ›
Lost Your Medicare Card? Here’s How To Get A New Card Issued – Updated For 2018 As much as you try to safeguard your Medicare card, sometimes they do get damaged, misplaced, stolen, or worn and need to be replaced. Sometimes these cards become so worn and faded that healthcare providers can no longer read… Continue Reading ›
Medicare recipients often hear the term “coordination of benefits” when they are seeking coverage or reviewing their plan during open enrollment. Coordination of benefits applies when someone on Medicare also has coverage from another health insurance company. What is Coordination of Benefits? If you are eligible for Medicare but also have another type of health… Continue Reading ›
If you’re turning 65 soon and thinking about Medicare, then you may already be overwhelmed by your options. Enrolling in a health plan can be confusing and complicated, especially when it comes to dates and deadlines. Should you sign up right away, or can you wait until you need the coverage? In short, enrolling in… Continue Reading ›
If you’ve recently become eligible for Medicare, you may be confused about your options for coverage, particularly whether you should choose original Medicare or Medicare Advantage. Both offer healthcare coverage, and it’s possible that premium costs are not significantly different. But actual coverage and your out-of-pocket expenses can differ significantly depending on what you choose…. Continue Reading ›
The Affordable Care Act (ACA) was passed in 2010 with major provisions taking effect in 2013. The law was a complete overhaul and expansion of the healthcare system in America, perhaps the biggest overhaul to date and a significant federal move since the passage of Medicare and Medicaid in 1965. Although the ACA (also called… Continue Reading ›
If you qualify for Medicare, then you probably also qualify for Medicare Part D and Medicare Advantage, both of which offer drug coverage to help reduce prescription drug costs. Unless you have qualifying drug coverage through another source, like your job, or you qualify for Medicaid and Extra Help, which can help with drug costs,… Continue Reading ›