In Medicare Mistake #9 we talked about how expensive it can be to go out-of-network in a Medicare Advantage plan and what you can do about it. Similarly, retiring can also be costly with Medicare. In this tenth and final edition of our Medicare Mistakes Series, we'll address three things you need to … [Read more...]
In Medicare Mistake #8 we explained the importance of understanding your coverage and reviewing it annually. In this installment of our Medicare Mistakes Series, we want to explain how costly it can be to go out of network in most Medicare Advantage plans, and what you can do about it.
Key … [Read more...]
In Medicare Mistake #5 we talked about why the best plan for your spouse or friend might not be the best plan for you. In this Medicare Mistakes article, we'll address the importance of reviewing and understanding your coverage to make sure you're actually getting what you need.
Key Takeaways … [Read more...]
In Medicare Mistake #4 we talked about why Medicare Advantage isn't the best option for people with chronic health issues, and how Medicare supplement insurance offers solid protection from deductibles, copayments, and coinsurance. In this article, we'll address the importance of getting the right … [Read more...]
Medicare offers all of its beneficiaries the ability to gain access to quality health care regardless of their race, color, creed, economic status, or health condition. As we discussed in the first article in our Medicare Mistakes Series, Medicare is not free, and the premiums, deductibles, and … [Read more...]
Medicare health insurance is a very personal product. And, other than a household discount from some Medicare supplement companies, there are no discounts for choosing the same plan as your spouse. In this, the fifth article in our Medicare Mistakes Series, we'll cover why buying the same coverage … [Read more...]
If you are a healthy senior, choosing a Medicare plan at age 65 is relatively straightforward. But what if you have chronic health issues? In the fourth article of our Medicare Mistakes Series, we'll address this very important issue.
Original Medicare does not cover routine … [Read more...]
In Mistake #2 of the Medicare Mistakes Series, we addressed forgetting to enroll in Medicare at age 65, but we skimmed over the issue of not enrolling if you are still working and have group health coverage through your employer. In some cases, it's okay to keep your employer's coverage, but in … [Read more...]
In our first article in the Medicare Mistakes Series, we dispelled a common misconception that Medicare health coverage is free. In Mistake #2, we're going to address an equally important topic, getting enrolled on time and avoiding penalties.
Medicare has various enrollment … [Read more...]
Many people mistakenly believe that Medicare is free for retirees and people with disabilities. After all, during all of the years that we work we paid Medicare taxes, right? So, why isn't it free? In this MedicareWire article, we'll explain how much Medicare costs and what you can do to … [Read more...]
According to MedicareWire research, the average Medicare Supplement insurance premium in 2020 was $154.50 per month. We evaluated over 100 of the best Medicare Supplement plans to find out how much it costs the average person for Medicare supplemental insurance.
The amount of … [Read more...]
If you are about to make plan election choices for yourself or a loved one, you might find yourself asking what are the advantages and disadvantages of Medicare Advantage plans? We'll answer that important question in this article.
Medicare Advantage plans may help some of its … [Read more...]
Medicare is the government medical insurance plan for older Americans and people with certain disabilities. As of 2020, more than 62-million Americans rely on Medicare for their primary health insurance needs. By the year 2032, this number will swell to nearly 80-million people. In this MedicareWire … [Read more...]
Are you wondering, "do I really need Medigap insurance?", for most people the answer is Yes! Medicare supplement insurance (aka, "Medigap") is worth every penny. It is not a waste of money. And it offers many valuable benefits. In this article, we'll explain why.
There are no … [Read more...]
Are there free Medicare Advantage plans? Asked another way, how can Medicare Advantage plans have a $0 premium?
It seems impossible, doesn't it? In the day and age when people struggle to afford catastrophic health insurance coverage, how can it be that health insurance companies are giving away … [Read more...]