There are so many variables to consider when weighing all your Medicare options! This is equally true whether you are approaching age 65 and are enrolling for the first time or whether you are already enrolled and evaluating your current selections ahead of Medicare Open Enrollment. To ensure that you receive the coverage that supports […]
Medicare and Social Security: The American Safety Net
Medicare and Social Security make up the tax-paid benefits of post-retirement healthcare coverage and income in the United States. Though distinct programs, they are highly interrelated and Medicare premiums are, in fact, deducted from Social Security payments. A high-level comparison includes: Timing Initial Medicare enrollment generally occurs in the 6-month period around the 65th birthday. Exceptions include individuals […]
Traveling Outside the US and Have Medicare?
If you are a Medicare subscriber who has planned a trip abroad, we want you to spend your vacation enjoying the sights, sounds and flavors of your international destination — not worrying about medical emergencies! So, please be aware that in most cases Medicare coverage does not extend to foreign countries. Healthcare costs incurred out […]
Medicare Moment – Good News
Beyond the specter of rising Medicare premium and deductible costs, there are a couple of good-news developments in plan coverage: First, beneficiaries in every state can now sign up for enhanced plans that cap the cost of some insulins at $35 per month. This is available whether you are enrolled in a drug plan through […]
Back to Basics: Traditional Medicare vs. Medicare Advantage
The most fundamental decision in the Medicare realm is whether to enroll in traditional Original Medicare that is federally run or to opt for a private Medicare Advantage plan. As a refresher from past articles, Original Medicare includes Part A (Hospitalization), Part B (Medical Insurance) and Part D (Drug Plan) and Medicap (Supplemental Insurance). Medicare Advantage is also known […]