Below you'll find a list of all posts that have been tagged as “Medicare Questions”
When shopping for a supplemental Medicare plan, you should be aware of illegal Medigap practices. In short, Medigap plans pay for the remaining costs Original Medicare doesn’t cover. These plans are available through private insurance companies and pay your outstanding balance after Medicare.
We want to make sure your money and identity stay safe. Now, let’s take a look at the seven most common ways scammers commit fraud using Medigap policies.
Medicare Supplement plans cover some of the healthcare costs Original Medicare leaves behind. These plans fill your coverage gaps, including copayments, deductibles, and coinsurance. As a result, when you have a Medicare Supplement (Medigap) plan, you will have little-to-no out-of-pocket costs for Medicare-covered services and equipment.
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.
When choosing a Medicare Supplement plan, it is essential to be informed about your options. An uninformed choice could lead to future financial woes and roadblocks between you and the best coverage for your needs.
A Medicare insurance broker can be extremely helpful for a new beneficiary, because they are an independent insurance agent who is licensed to sell Medicare plans on behalf of a number of different insurance companies. This means that they can help you compare plans from multiple insurance carriers so that you can more easily consider what each plan covers, how much it costs and how well it fits your needs.
Make sure you are educated on all of your Medicare related options so you can make an informed decision. These FAQ’s are here to give you unbiased information regarding your Medicare related coverage choices.
If you’re using Medicare and haven’t yet reviewed your prescription drug coverage for next year, now’s the time to do it.
If you are a senior on Medicare, you probably already know that it does not provide all the health insurance coverage you need. Many people consider buying a Medicare supplement plan.
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!
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.
