Medicare can be hard to understand, especially if you’re close to turning 65 and this is your first experience with it. To get you started, we’ve provided Medicare answers to some of the most common Medicare FAQs.. Who Qualifies for Medicare? To qualify for Medicare, you need to be a U.S. citizen or legal resident […]
How will income-related monthly adjustments (IRMAA) impact Medicare in 2023? An estimated 58.6 million people are enrolled in Medicare in the United States. Some beneficiaries will be affected by IRMAA rules.1 IRMAA may impact Medicare beneficiaries enrolled in: Medicare Part B (outpatient or doctor visit coverage) Medicare Part D (prescription drug coverage) Does your monthly […]
If you’ve heard anything about Medicare, it’s probably that coverage for most people starts at age 65. What’s less known is that millions of people enroll in Medicare long before they hit retirement age. In fact, 13% of Medicare beneficiaries were under 65 in 2020. Those who qualify are people who have serious health conditions […]
Your 65th birthday is on the horizon, and you know what that means: It’s time to start thinking about Medicare. Signing up for Medicare can seem like a daunting task, but it’s a lot more manageable — simple, even — once you get organized. And don’t worry, you’ll have a plan together in no time. […]
When you turn 65, you’ll most likely begin getting health coverage through a government program called Medicare. That includes Medicare Part A (hospital benefits) and Medicare Part B (medical insurance benefits). You might see that combination called Original Medicare. You’ll have to pay extra for a prescription drug plan (Medicare Part D), and you won’t […]
Did you know that what you do as a self-employed worker affects how much your Medicare coverage will cost once you reach 65? Every American 65 or older is eligible for Medicare, but self-employed people may have to pay more, depending on how much they have paid into Medicare taxes. Keep reading to find out […]
Medicare scams are nothing new, and there was a lot of this kind of activity in recent years. In April 2020, the Centers for Medicare and Medicaid Services reported that scammers might use the pandemic to try stealing everything from people’s Medicare numbers and banking information to personal details like birthdates and Social Security numbers. […]
If you’re age 65 or older and have Medicare, working with a doctor who takes Medicare can make a big difference when it comes to your medical bills. In this article, we’ll show you four smart reasons for choosing a doctor who takes Medicare — and what to expect if you don’t. Doctors who take […]
What is Medicare Part C all about? Medicare Part C works similarly to Original Medicare, but some of the differences may work to your advantage. Read on to learn about the many features and benefits of Medicare Part C coverage and decide if it’s right for you. What Is Medicare Part C? Medicare Part C, […]
Medicare Part D, also known as a Prescription Drug Plan (PDP), helps people with Medicare pay for their medication. These plans are purchased from private health insurance providers and come with a variety of benefits and premiums. But for some high-usage Medicare enrollees, they can also come with unexpected expenses, called the Medicare Part D […]
If you are one of the more than 63 million Americans enrolled in Medicare and are on the lookout for a new provider, you may wonder what your options are. A good place to start? Weighing the pros and cons of choosing an Original Medicare plan versus a Medicare Advantage plan—both of which have their upsides. Let’s say you decide on an Original Medicare plan, which many U.S. doctors accept. In your research, however, you come across the term “Medicare assignment.” Cue the head-scratching. What exactly does that mean, and how might it affect your coverage costs? […]