In dictionaries the word gap means a break, a separation, an incompleteness or deficiency. In Medicare it means the same thing, but it refers specifically to something that is missing from your health insurance coverage. Many seniors make a critical mistake when they buy into government literature that explains how Medicare pays for eighty percent […]
What Medicare Out-of-Pocket Costs Mean to You
Out-of-pocket costs are those fees that you have to pay at the doctors office, hospital or pharmacy because they are not covered by your Medicare health insurance. Almost all healthcare plans have these expenses, but they vary according to what type of Medicare plan you choose. Your out-of-pocket costs are a financial risk. As with […]
How Medicare Part A Covers Your Hospice Care
Hospice care involves providing physical and emotional care for a patient who is not expected to live. This care is usually provided at home, and is covered by your Medicare Part A health insurance, however, Medicare also covers approved hospice facilities. To qualify for hospice on Medicare your doctor must first certify that you are […]
Medicare Code: Deciphering The Terminology
Flooded by a sea of acronyms, technical terms, facts and figures when you first explore Medicare, you might feel like putting up your hands and giving up. Don’t, because it isn’t as complicated as it first seems to be. In fact, once you get a handle on the basic terminology you will be well on […]
Are You Eligible for Medicare Yet Still Working? How Does This Affect Your Medicare Coverage?
Great news – whether or not you retire at age 65, you are still eligible for Medicare! If you, or your spouse, are still employed you may have health insurance through that employer. The first step you should take, before you enroll in Medicare, is to talk with your human resources department. You will need […]