The term “Original Medicare” refers to Medicare Part A and Part B. Part A helps cover the cost of hospital-related care, including inpatient services, lab tests and surgery. Part B is the medical insurance component of Medicare, which helps cover doctor visits, outpatient care and certain preventive services. The federal government administers both Part A and Part B.
Top 5 Medicare FAQs in 2022
If you wish to be covered fully, you will need to enroll in a Medicare Supplement plan to help cover these gaps in coverage left by Original Medicare. By doing so, you will reduce your out-of-pocket spending with Medicare.
When to Enroll in Medicare and Medicare Supplemental Insurance
Medicare coverage starts based on when you sign up and which sign-up period you’re in.
Generally, when you turn 65. This is called your Initial Enrollment Period. It lasts for 7 months, starting 3 months before you turn 65, and ending 3 months after the month you turn 65.
Medicare Basics: Things You Need to Know
Heading into retirement brings a slew of new topics to grapple with, and one of the most maddening may be Medicare. Figuring out when to enroll in Medicare and which parts to enroll in can be daunting even for the savviest retirees. To help you wade into the waters of this complicated federal health insurance program for retirement-age Americans, here are 11 essential things you must know about Medicare.
Can a Medicare Supplement Plan Help Pay for Cancer Treatment?
A cancer diagnosis can be scary, but if you have Medicare, most cancer treatment is generally covered. If you have additional protection with a Medicare Supplement Plan, your out-of-pocket costs could be very low, depending on the Medicare Supplement plan you choose. Read on to learn how Medicare pays for cancer treatment.
The 5 Best Questions to Ask About Medicare Coverage
Whether you retire at 65 or keep working, you’ll be eligible for Medicare. Which means, you’ll have new choices in health plans — maybe more options than ever. There’s a lot to think about. So, it’s smart to start planning by asking these important questions.
Medicare Beneficiaries Should Know This About 2022 Prescription Drug Plans
If you’re using Medicare and haven’t yet reviewed your prescription drug coverage for next year, now’s the time to do it.
Medicare Advantage vs Medicare Supplement Plans
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.
When do People Sign up for Medicare?
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!
Medigap vs. Medicare Advantage – Key Differences
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.