If you are nearing eligibility, it may be helpful to have Medicare explained.
Here is what Original Medicare (Parts A and B) is for as well as a few Medicare insurance plans that you may find necessary to add.
Cancer plans are insurance policies that supplement your current health plan to help cover the cost of hospital stays, chemotherapy, and other types of cancer treatment.
Medicare Supplements, also known as Medigap, are insurance policies that help you pay the coinsurance and copayments Original Medicare requires of you.
There are 10 plans lettered A through N that each cover a different percentage of your out-of-pocket costs associated with Medicare.
Medicare Advantage plans, also known as Medicare Part C, are insurance plans that take over for your Medicare Part A and Part B coverage while providing additional benefits you would not receive through Medicare alone.
Medicare Part D is an insurance plan that helps pay for your prescription medication.
Original Medicare does not come with this kind of coverage. You’ll have to purchase a standalone plan or receive it through a Medicare Advantage plan.
Not sure what Medicare insurance you would need and would like to compare options?
Our licensed Medicare insurance agents can help you do that while educating you on what is available in your area.
We have acquired an abundance of knowledge, and we’re eager to share this expertise with you in the form of articles and blog posts.
While it is not technically required, it is wise to review your Medicare plan every year. Both Medicare and your finances may change every year. Planning ahead can help you make the best choices for you. Read on to learn the top 3 reasons why you should review your Medicare plan every year. #1 Medicare …
Top 3 Reasons Why You Should Review Your Medicare Plan Every Year Read More »
Most hospitals and doctors accept Medicare. However, there are some physicians that will not take Medicare patients for a variety of reasons. Luckily, there are multiple ways to find doctors that accept Medicare. Learn more about finding the best doctor for you below. How to Find a Provider The Centers for Medicare and Medicaid Services …
Medicare can simultaneously coexist with other types of insurance. For example, people who are turning 65 and newly eligible for Medicare may still be working and already have employer coverage. Medicare can serve as the primary or secondary payer in these situations. Read on to learn more below. Primary vs. Secondary Payer In order to …
Medicare normally covers many different health services, but it does not always cover them in full. For example, Part B of Medicare covers only 80% of some services, leaving you to pick up the other 20%. This means that if your laboratory tests and equipment cost $50,000, you are left to pay $10,000. Medicare Supplement …
Medicare covers many medically necessary services, including surgeries. However, there are certain services – like dental and cosmetics – that Medicare does not cover. To understand what surgeries Medicare covers, read on. Parts of Medicare There are 4 parts of Medicare: Parts A, B, C, and D. Parts A and B are traditionally thought of …
The purpose of Medicare is to keep healthcare costs low. However, buying all of the different parts of Medicare can make your short-term costs sky rocket. Fortunately, there are some resources to help you pay your Medicare monthly premiums. Read on to learn more about how to get help with your Medicare monthly premiums. Number …
Medicare Part B is the portion of Medicare that mostly covers outpatient services. This includes preventive services, outpatient visits, tests, and equipment. Sometimes, however, even this very thorough part of Medicare has its limitations. Read on to learn more about the limitations of Part B. Specific Services of Part B Part B covers a lot …
What services are not covered by Medicare Part B? Read More »
If you are familiar with Medicare, you know that all of the monthly premiums and yearly deductibles can add up. Fortunately, there are certain programs like the Part D Extra Help Program that can help you keep your coverage while also protecting your wallet. Read on to learn more about the program and how it …
Medicare is the federal health insurance plan offered to certain populations. While many providers accept Medicare, some doctors do not. While this can be very frustrating for patients, there are a number of reasons why some doctors may accept Medicare and others do not. Read on to learn more. How Reimbursement Works In order to …
Medicare Part B is a part of Original Medicare. While it is technically optional, most people enroll in Part B when they enroll in Medicare for the first time. If you are enrolled in Part B, there are certain situations in which you may want to disenroll. Read on to learn about when you can …
