Get more from your Social Security and Medicare benefits with these 17 smart tips. Medicare and Social Security are the social safety net programs we all pay into during the years we work. Designed to assist seniors and disabled individuals, together the programs fill the basic healthcare and financial needs of their beneficiaries. Medicare offers health insurance that covers medically necessary doctor visits, medical treatments, and hospitalization. Social Security offers financial support that many retirees count on for all or part of their retirement income. Although the two safety net programs are separate, they are tightly linked in several ways. In this MedicareWire article, we'll explain: Who is eligible for Medicare and Social Security;When to enroll in Medicare and Social Security; and17 ways you can maximize both programs in retirement. Medicare and Social Security Eligibility For decades, Americans received their Medicare and Social Security benefits at … [Read more...]
Is Medicare Free for Seniors, the Disabled and Retirees?
You may be eligible to get Medicare at no additional cost. One of the most common questions we get at MedicareWire.com is, "Is Medicare free?" The answer all depends on your personal situation. In this frequently asked questions blog post, I'll do my best to dispell myths and help you get your Medicare benefits for FREE if you qualify. If you don't qualify to get Medicare at no cost, check out out this article, which explains your shared costs in Medicare. You might also be interested in some common healthcare needs not covered by Medicare. How-to Get Medicare for Free Overview: Medicare isn’t free. Most of us pay into the program during the years we, or our spouse, worked. However, certain circumstances allow individuals to qualify for government assistance that helps pay monthly premiums, co-pays, coinsurance, and prescription costs. Here are the basic steps to get additional help: Here are the basic steps to get additional help: Qualify by checking your household … [Read more...]
Medicare Advantage vs. Medigap: Which is Best?
TIP: Medigap is a better option for people who travel frequently. In this MedicareWire article, we’ll do our best to help you understand which type of Medicare insurance is right for you. Our Medicare system is full of options, and deciding between Medicare Advantage and a Medicare Supplement plan is a big decision. Comparing Medicare Advantage and Medigap (Medicare Supplements) Medicare Advantage replaces your Original Medicare benefits with managed care.Medicare Supplement insurance fills gaps in your Original Medicare benefits.Choosing the best option is easy if you follow the simple steps outlined below. Medicare Advantage enrollment has increased steadily over the past few years. The primary reason is cost. On the surface, Medicare Advantage appears to costs less, but does it? The real answer has everything to do with your health. Related: Do You Have a Long-Term Care Plan? Why Medicare Advantage Plans are Bad Many critics of Medicare Advantage … [Read more...]