It’s not unusual for spouses to be covered under the same health plan for much of their married life – often an employer plan. This can be a wise and economical choice for many couples and families. All that changes however,
If you purchased your current health plan through the Health Insurance Marketplace and now you want to cancel it because you’re about to enroll in Medicare, you need to know a few things before you act: You should enroll in Medicare
You have a lot of choices when it comes to Medicare and the biggest one might be choosing to take charge of your Medicare decisions in the first place. Medicare Open Enrollment (October 15 – December 7) is your chance to
Every year during Medicare Open Enrollment (October 15 – December 7) you can shop for a Medicare Advantage or Part D plan. But why would you switch plans? The answer to that question depends on your current Medicare coverage, its costs,
Medicare late enrollment penalties can sneak up on you if you don’t know the rules. The late enrollment penalty for Medicare Part D prescription drug coverage is an additional 1% of the premium amount for each month you’re late. You pay
Choosing a doctor is an important decision. Your doctor can affect your health and quality of life, so knowing what to look for in a doctor is an important task. Here are a few things you may need to consider when
Original Medicare Parts A and B do not cover 100% of your health care costs. In general, you are responsible for: A monthly Part B premium (Part A is premium-free for most people) An annual Part B deductible 20% of the
[embed]https://www.youtube.com/watch?v=qyLLMPul_ng[/embed] This video explains Medicare Supplemental Insurance – sometimes referred to as Medigap – which is designed to help pay for some or all of the costs not covered by Original Medicare Parts A and B. Medicare Supplement plans are offered
[embed]https://www.youtube.com/watch?v=LJDOjZJiIMI[/embed] This video explains Medicare Part D – which helps pay for the cost of prescription drugs through private insurance companies. Many people are often surprised to learn that Original Medicare (Parts A and B) doesn’t cover prescription drugs. But you
[embed]https://www.youtube.com/watch?v=rD7aL44oEv8[/embed] This video explains Medicare Part C – otherwise referred to as Medicare Advantage, which was established to provide Medicare coverage through private insurance companies. Medicare Advantage or Part C provides a single plan that combines services that you get with
Open enrollment is rapidly approaching and is the one time of year when you can add, drop, or switch your Medicare coverage. Open enrollment for the coming year runs from October 15 to December 7, with coverage beginning January 1, 2016.
[embed]https://www.youtube.com/watch?v=0RAk46DwtQ4[/embed] This video explains Medicare Part A and Part B – otherwise referred to as Original Medicare, which is provided by the federal government. Medicare Part A covers some but not all of your Hospital Insurance – and provides help
If you’ve been diagnosed with a disability, you may qualify for Medicare. The type of disability has everything to do with when your coverage begins and whether you are automatically enrolled or if you need to take steps to start the
You may not have considered your vacation plans when choosing healthcare coverage. But knowing if you will be away from home and for how long is an important consideration as you choose a Medicare plan or re-evaluate your Medicare coverage. Open
Have you heard the news? The Department of Health and Human Services (HHS) will start removing Social Security numbers from all newly-issued Medicare identification cards going forward. Due to the large number of cards needing changes, HHS has 4 years to
On July 30, 1965, President Lyndon B. Johnson signed the Medicare and Medicaid Bill into law. At that time, Americans 65 and older were the age group least likely to have health insurance. Fifty years later, virtually all seniors have health
If you purchased your health insurance through the Health Marketplace, it won’t affect you when you’re ready to sign up for Medicare. Likewise, if you already have Medicare, the Health Marketplace has zero impact on your current Medicare coverage. As long
[embed]https://www.youtube.com/watch?v=rMccRjsOKgI[/embed] This video explains Medicare and its different parts. Medicare is a health insurance program for all of the following: People 65 years of age or older People under age 65 with certain disabilities People of all ages with End-Stage
