While Medicare supplement (Medigap) plans can provide you with the best coverage available, it might come at a price. On average, the cost of a Medigap premium ranges from an average of $150 to $200 per month. A Medicare SELECT plan typically has a lower premium than the rest of the plans. Unfortunately, there is …
Continue reading “What Is Medicare SELECT & How Does It Work?”
Three months before your 65th birthday, you will receive information in the mail about your Medicare open enrollment period. This enrollment period lasts the three months before, the month of, and three months after your 65th birthday. If you apply for Medicare outside of this period, you may be subject to a Medicare late enrollment …
Continue reading “How to Avoid the Medicare Late Enrollment Penalty”
Medicare Part D helps cover prescription drugs, but it doesn’t cover all of the costs. These out-of-pocket costs can quickly add up. Sometimes, the medications you need might be too expensive to afford. If this is the case, do not feel discouraged. You might qualify for Extra Help, a federal program that helps pay for …
Continue reading “How To Know If You Qualify for Extra Help”
As you age, taking new medications may become part of your daily life. It is important to know the effects these medications have on your body, how to properly take them, and any problems they may cause. With a busy life, it might be hard to find resources dedicated to educating you on your medications. …
Continue reading “Am I Eligible for Medication Therapy Management (MTM)?”
As we age, our quality of life depends on a variety of aspects. Lack of mobility, ability to breathe without additional help, and other factors greatly impact our day-to-day. Thankfully, Durable Medical Equipment can aid the growing need for physical support.
Mental health conditions affect copious amounts of people leading up to, and over the age of 65. These conditions can include, but are not limited to, depression and anxiety. Without proper mental health care, these conditions can be severe and even life-threatening.
If you’re over 65-years-old, and your vision has suddenly become blurry and cloudy, you may have cataracts. This condition worsens with age, and can become quite uncomfortable. If this has happened to you as a Medicare beneficiary and you need surgery, you’re likely wondering if Medicare will cover your cataract surgery, or if you’ll …
Are you considering purchasing a Medicare supplement insurance plan? If you are, it’s important that you consider all of your options to ensure you pick the plan that will best suit your healthcare needs. Currently, there are 10 different Medicare supplement plans sold across most states (excluding Massachusetts, Minnesota and Wisconsin). Of those plans, Medicare …
You have a few options as you approach your Medicare enrollment. For some, this will be automatic. For others, it will depend on a few factors. Medicare Part A (Hospital Insurance) and Medicare Part B (Medical Insurance) are called Original Medicare. When you turn 65, Medicare becomes your primary insurance. This is why it is …
Continue reading “How & When Do I Enroll in Medicare Parts A & B?”
When enrolling in Medicare, many new beneficiaries are under the impression that they’ll pay one premium for Medicare, and be set with full coverage. Unfortunately, this is not the case. Original Medicare includes only Medicare Part A (Hospital Insurance) and Medicare Part B (Outpatient Insurance). Though Medicare Part B is optional, elective coverage, over 90% …
Continue reading “Is Original Medicare Enough Coverage for You?”
