Medicare is a the federal health insurance program for people aged 65 and older, certain younger people plagued by a disability, and those with End Stage Renal Disease (ESRD is permanent kidney failure that requires dialysis or a transplant). While Medicare helps qualified people with some of their medical expenses, those enrolled in Original Medicare (Part A and Part B) will still have to pay coinsurance, copayments, and deductibles for covered services. Part B also comes with a premium amount of $134 a month for the year 2017. Some essential health services and products are not covered at all. All of this could be frightening for someone on a fixed income. We are here to let you know that there are some options that may be available to Medicare beneficiaries with low incomes. Many may be eligible to receive additional help for important doctors, prescriptions and needed services.
Topics: www.medicare.gov, SLMB, Medicare, medicare advantage, Medicare Part A, Medicare Part D, low-income, Medicare Part B, Medicare Part C, QI, Extra Help, QMB, medicare solutions, Prescription drug plans
Medicare Advantage has become a popular alternative to just having original Medicare Part A and Part B coverage. As you may already know, Medicare Advantage (MA) plans serve as an alternative to traditional Medicare, and they are supposed to provide plan members with coverage that is “as good or better” than original Medicare.
Topics: Medicare, Medicare Part A, Medicare Part D, TSS, Medicare Part B, Medicare Part C, medicare solutions, how medicare works, medicare advantage, Original Medicare, What is Medicare?, What is Medicare Advantage?, What is Original Medicare?
Did you know that Medicare covers a full range of preventive services? We want all of our friends and clients to stay healthy and to help with that we wanted to take some time to make sure our readership is aware about the preventative services offered to them through Medicare.
Topics: Part B, Medicare, medicare advantage, Medicare Supplements, Medicare Part B, Medicare Part C, Health, Medigap, Medicare explained, medicare solutions, how medicare works, explain medicare, Part C, preventative care
Topics: www.medicare.gov, Medicare, Medicare.gov, Medicare explained, medicare solutions, how medicare works, Halloween, explain medicare, What is Medicare?, Medicare Premiums, Medicare Coverage, what does medicare cover?, medicare costs
Medicare Special Needs Plans, also called SNPs, are similar to Medicare Advantage plans. However, they are only open to people who satisfy for the specific criteria of the plan. The idea behind these plans is that they are tailored for Medicare beneficiaries with specific issues, so these plans may serve people with those unique needs better.
Many veterans, and some active-duty service people wonder if they need to enroll in Medicare Part B as soon as they qualify. Most people over 65 qualify for premium-free Medicare Part A, but they are required to pay a premium for Part B. This year, this premium is $104.90 for most eligible people, but that figure could change at any time. Do people who already have the ability to access health care benefits through the VA need to spend extra money for Part B?
All supplement plans have to be standardized, and the different levels are named Plan A through Plan N. You can visit Medicare.gov to see a chart that outlines the benefits of each of these Medicare supplement plan levels. However, it might be faster and more helpful to simply compare a few different plans at a time. Three pretty popular and comprehensive plan levels are called Plan F, G and N, so we'll start with those.
Topics: www.medicare.gov, Medicare, medicare advantage, health insurance, TSS, Medicare Supplements, Medicare.gov, Medigap, Medicare explained, medicare solutions, how medicare works, Medicare Plan F, Medicare Plan G, Medicare Plan N, What is Medicare?
Medicare Advantage plans and Medicare Supplements both provide beneficiaries with a way to minimize and control out-of-pocket health costs and maximize their benefits. Additionally, both types of senior health insurance are strictly regulated by federal and state insurance laws. However, these types of health insurance plans work very differently, and it is important to understand the difference before you decide which Medicare health insurance plan is best for you.
Topics: prescription drug coverage, Medicare, medicare advantage, Medicare Supplements, Medicare Part C, Medigap, Medicare explained, medicare solutions, how medicare works, explain medicare, Part D, Part C, What is Medicare?, What is Medicare Advantage?, What is Medicare Supplements?
Are you planning to travel or even live overseas during retirement? This might be a great time to see the world. Just be aware that your Medicare benefits, or any US-based health insurance plan, may not really provide adequate medical coverage after you leave the country. Original Medicare (Part A & B) only covers medical care outside of the US in some very specific circumstances that does not apply to the majority of elderly travelers. Some Medicare plans offer emergency services outside of the country, but this may not be sufficient for an extended trip.