March 6, 2013 § Leave a comment
Over 46 millions older or disabled Americans are covered by Medicare. Yet, there are still misconceptions about the program that provides health care coverage to this vast number of Americans. To those approaching Medicare eligibility age (65), it’s important to understand the programs. In our blog, we will cover several misconceptions cover the next few weeks.
#1 THERE IS ONE MEDICARE PROGRAM
Medicare has several different programs, designated as “Parts,” with different types of coverage, limitations, and payment provisions. Medicare Part A covers hospital, home health and rehabilitation services. As long as you are eligible to receive Social Security retirement benefits, there is no premium for Part A coverage, and generally no co-pays or deductibles. « Read the rest of this entry »
November 12, 2012 § 1 Comment
As if open enrollment for Medicare wasn’t stressful enough, there are now several scams that seniors need to be aware of while they are enrolling. Most of the cons aim to either sell the senior unnecessary coverage plans or to simply steal their identity. Either way, the con artists can be very convincing.
A comprehensive list of the most common scams was collected by AgingCare.com. Please take the time to read the list below. Education is the best way to protect yourself from these cons: « Read the rest of this entry »
October 24, 2012 § Leave a comment
Open enrollment has been underway for a week now and seniors have until December 7, 2012 to sign up for next year’s plan. Unfortunately, researchers from the University of Pittsburgh, Graduate School of Public Health have found that many seniors are overpaying for Medicare because they fail to choose the proper plan. « Read the rest of this entry »
September 26, 2012 § Leave a comment
Quite possibly the topic people least want to discuss is health insurance, but taxes is probably a close second. However, it is once again open enrollment season for Medicare and we want to make sure you are prepared.
This year, open enrollment comes a little bit sooner: from Oct. 15 to Dec. 7. Though Medicare beneficiaries have eight weeks to select their coverage, most wait until the last minute to apply, which can mean costly errors and added stress. « Read the rest of this entry »