Ever wonder why people might think Medicare is free? They probably heard about premium-free Part A. One of the biggest cost-savings available under Medicare is premium-free Part A, for those who are eligible. This is the perk awarded to U.S. senior citizens who have paid taxes to Social Security their whole lives (or at least […]
How do you qualify for premium-free Medicare Part A? Read More »
When multiple insurance companies are involved, one becomes the primary, or first to pay, and one becomes the secondary, paying after the primary has paid its share of the costs. This is often a beneficial relationship to the insured, who has extra help paying for costs beyond the primary insurance. Not all costs may be
Is Medicare primary or secondary to employer insurance? Read More »
Medicare hospital insurance works differently than most other insurance. One of the biggest differences is in how they determine your deductible. A deductible is how much you are expected to pay before your insurance begins to pay. You will owe the full cost for medical services until the total reaches that set amount of the
How do Medicare deductibles work? Read More »
Medicare Part B is part of the foundation of Original Medicare. How does it work? What Does Part B Cover? Part B is outpatient medical insurance from Medicare. It covers preventive and medically necessary services, including services from doctors, mental health care, clinical research, ambulance services, durable medical equipment (such as wheelchairs), and preventive screenings
How does Medicare Part B work? Read More »
Having more than one insurance for health care can make a big difference in the out-of-pocket costs you are responsible for. The insurance company that pays first is determined by the “coordination of benefits.” Medicaid Medicare will always pay first for covered services before Medicaid. Employer Coverage If you or your spouse are employed and
How does Medicare work with other insurance? Read More »
Older adults and those with severe chronic medical conditions have been reported to be at a higher risk of contracting COVID-19, according to the Centers for Disease Control and Prevention. This means that especially if you have troubles with your heart, lungs, or kidneys you should abide by all recommended health precautions. Most people receiving
What costs related to COVID-19 does Medicare cover? Read More »
Medicare Supplement Plans, also known as Medigap, are additional insurance which can help lower some of the costs associated with Medicare plans. Medigap policies are sold through private insurance companies, though they have detailed knowledge of Medicare and have been approved to sell its supplemental insurance. There are ten standard Medigap policies, each of which
How Can I Enroll in a Medicare Supplement Plan? Read More »
Medicare Advantage, or Part C, is a comprehensive insurance option that allows beneficiaries to select desired coverage and build the policy that will work best for them. Choosing Medicare Advantage means taking the initiative of your insurance and formulating a plan specifically for your medical needs. Original Medicare vs. Medicare Advantage Original Medicare consists of Parts
What Are the Pros and Cons of Medicare Advantage? Read More »
Many people with VA benefits consider the ways that enrolling in additional insurance could lower their bills and expand their coverage. Continuing to think critically about your insurance is the best way to ensure your policy is staying up to date with your medical needs. If you receive VA benefits you can still enroll in Medicare Advantage. You
Can Veterans with VA Coverage Get Medicare Advantage? Read More »
Many people qualify for Original Medicare and will be automatically enrolled close to their 65th birthday. Those that are automatically enrolled and do not wish to make any changes will not need to do anything else. Those that wish to enroll in Medicare Advantage or do not automatically qualify have a few different enrollment options.
How Do I Apply for Medicare? Read More »
