When to Consider Supplemental Health Insurance
Posted: August 25, 2021
Supplemental health insurance can cover out-of-pocket expenses that your regular health insurance plan does not cover. Many older adults purchase this type of plan when they go on Medicare. Younger individuals may also consider supplemental health coverage to pay for deductibles, co-pays, coinsurance, and other expenses that may arise in the event of a serious accident or illness. If you are under age 65 and...
Diagnosed With Cancer? Know Your Medicare Options
Posted: August 6, 2021
If you have been diagnosed with cancer, you probably know that treatment costs are high. This is why it is important to carefully consider your options under Medicare. Original Medicare Medicare coverage is divided into parts. Part A covers inpatient care (hospitalization). Part B covers outpatient care, such as doctor visits and lab work. Part D is purchased separately and covers the costs of prescription...
Medicare & COVID-19 Vaccines – What You Need to Know
Posted: July 21, 2021
Medicare covers the cost of being vaccinated against COVID-19 for all FDA-authorized vaccines. You will not owe a copay or deductible, and you cannot be charged for being vaccinated against this deadly virus. If you have not yet been vaccinated, or you were charged to get the injections, your provider may have delivered other services or may have made an error by charging you for...
Does Medicare Pay for Nursing Homes?
Posted: July 6, 2021
There may come a time in the life of an elderly person when a nursing home is the best option. Many older persons are living with a range of age-related conditions that must be managed professionally. Medicare offers some strong advantages for senior healthcare, but not all Medicare plans will help cover the cost of placing your relative in a nursing home. Original Medicare and...
Do I Need More Insurance If I Have Medicare?
Posted: June 21, 2021
If your income is very low, you may not need more health insurance than Medicare. Low-income individuals who are eligible for Medicare may also qualify for Medicaid – a joint federal and state low-income assistance program. For people who have both, Medicaid will pick up where Medicare coverage leaves off. Full Medicaid beneficiaries can receive dental, vision, long-term care, and other services Medicare does not...
