Topics: Part B, Turning 65, how-to, Medicare Part A, Part A, eligibility, health insurance, Enrolling, Medicare Part B, applying for Medicare, senior community, health care plan, wellness, enrolling in medicare, baby boomers, explain medicare, Part D, Part C, What is Medicare Part D?, What is Medicare Part C?, initial enrollment period, medicare eligibility, IEP, marriage
According to the 2019 annual report released this month by the Medicare Board Of Trustees regarding Medicare’s two separate trust funds- the Hospital Insurance (HI) Trust Fund, and the Supplementary Medical Insurance (SMI) Trust Funds- found that one of these two Medicare trust funds is on track to run out of reserves in seven years- these estimates aligning with last year's projections.
Working past traditional retirement age used to be uncommon. Now there are far more Americans aged 65 and older in the workforce than there were 3 decades ago. The number of employed Americans rose by 35% between 2011 and 2016 according to a December 2017 study completed by Senior Living. Medicare used to be only thought of as retirement health insurance, but many who qualify may not be retired at all.
Topics: Part B, Medicare, Medicare Part A, Medicare Part D, Part A, Retirement, Medicare Part B, how medicare works, Part D, Medicare Coverage, Employer Insurance, COBRA, What is COBRA?, creditable coverage, medicare eligibility, group coverage
For many Americans, finally making it to Medicare age is somewhat of a right of passage. Why not? Working Americans have paid into this system most of their lives, and now it is time to reap the benefits. Just to ensure that you are familiar with the enrollment process for Part A and Part B, we’ll go over the basics.
During open enrollment, you will probably get approached about many different Medicare health insurance programs. While the vast majority of people who approach you are licensed insurance agents who adhere to strict ethical and legal standards, it pays to be careful in order to protect your own identity and personal information. Of course, you can also help protect Medicare against fraud, and this helps everybody enjoy lower costs and benefit benefits.
Topics: Part B, www.medicare.gov, Medicare, medicare advantage, Medicare Part A, Medicare Part D, Part A, Medicare Part B, Medicare Part C, Medicare.gov, Medicare explained, how medicare works, explain medicare, Part D, Part C
After serving our country in a branch of the US military, many veterans are entitled to health benefits through the VA. However, VA doctors and hospitals are not always convenient options. The vast majority of retired veterans also qualify for Medicare Part A and Part B, and many also choose to maximize those benefits with a Medicare Advantage plan or the addition of a Medicare supplement.
Topics: Part B, www.medicare.gov, Medicare, medicare advantage, Medicare Part A, Part A, TSS, Medicare Supplements, Medicare Part B, Medicare Part C, veterans, Medigap, Medicare explained, medicare solutions, how medicare works, explain medicare, Part D, Part C
This blog has been updated to reflect 2019 changes-
Most Medigap policies do not have deductibles, but a few Medicare supplement plan levels do. These are plans F, K and L. Actually, plan F has a high-deductible option, and that option works similarly to K and L.
Topics: Part B, Medicare, medicare advantage, Medicare Part A, Part A, Medicare Supplements, Medicare Part B, Medicare.gov, Medigap, how medicare works, explain medicare, What is Medicare?, What are Medicare Supplements?