The high cost of healthcare in the United States makes health insurance coverage a necessity for most people, particularly seniors who are more prone to health problems and are more likely to live on fixed incomes.
Now that you’re turning 65 how do you know if it’s the right time to sign up for Medicare? Find the answers here!
While the Medigap and Medicare Advantage plans can each be beneficial, there are key differences between the two. Being well acquainted with these differences can help you choose the type of plan that works best for you.
Original Medicare often doesn’t cover all of your medical expenses. Learn more about how a Medicare Supplement Plan (or Medigap Plan) will save you money.
With so much information available for retirees it’s difficult to know where to begin. This overview on Medicare Supplement Insurance will get you started.
If you’re approaching your 65th birthday and starting to research options for Medicare, navigating through all of your new health care choices can be overwhelming.
The Open Enrollment Period lasts from October 15 until December 7 each year, but what happens if you miss the deadline? Do you have to wait until the next year’s OEP to make changes to your coverage? Fortunately, seniors can change their coverage outside of the annual OEP under a few different circumstances.
It’s important to understand that Medicare Part A and Part B leave some pretty significant gaps in your health-care coverage. Here’s a closer look at what isn’t covered by Medicare, plus information about supplemental insurance policies and strategies that can help cover the additional costs, so you don’t end up with unexpected medical bills in retirement.
You may decide to retire at 62 because you can start collecting Social Security at that age and you feel ready to move on to a new stage in life. Medicare is the government health care program for people age 65 and older and people younger than 65 with certain disabilities.
Medicare supplement insurance is an add-on to Medicare parts A and B. It’s also called Medigap insurance, because it fills in for Medicare cost gaps.
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