What You Must Know to Avoid Financial Ruin & Get What You Deserve
Sixty million people (51 million seniors and 9 million adults with disabilities) use Medicare for their health insurance coverage. To understand what Medicare covers and how it provides coverage benefits, you need to know the … [Read more...]
Blog Posts Related to Medicare Advantage
On this page, you will find blog posts related to Medicare Advantage plans (Medicare Part C).
Medicare Advantage vs. Medicare Supplement: Which is Best for You?
Medicare SupplementMedicare Supplements are additional insurance policies that Medicare beneficiaries can purchase to cover the gaps in their Original Medicare (Medicare Part A and Medicare Part B) health insurance coverage.... vs. Medicare AdvantageMedicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B)....: Which is Better?
Before 2003, when Medicare added the private health insurance option, known as Medicare Advantage, seniors only had two options: pay out-of-pocket or buy a Medicare supplement. Now there's anon-going debate as to which option is … [Read more...]
Medicare Advantage vs. Medigap: Which is Best for You?
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 AdvantageMedicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B).... and a Medicare SupplementMedicare Supplements are additional insurance policies that Medicare beneficiaries can purchase to cover the gaps in their Original Medicare (Medicare Part A and Medicare Part B) health insurance coverage.... plan is a big decision.
Comparing Medicare Advantage and Medigap … [Read more...]
Medigap Plans K and N vs. Medicare Advantage Plans
It has long been assumed that Medicare Advantage plansMedicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B).... are the way to go if you need a low monthly premium. The risk trade-off, of course, is higher out of pocket costs until you reach the annual spending limit. However, the premiumsA premium is an amount that an insurance policyholder must pay for coverage. Premiums are typically paid on a monthly basis. In the federal Medicare program, there are four different types of premiums. ... are so low on most of the basic plans that many seniors wonder, … [Read more...]
Review: Lasso Healthcare MSA Plans
In its recent study on 2020 Medicare Advantage planMedicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B).... availability, MedicareWireMedicareWire is a Medicare insurance consulting agency. We founded MedicareWire after seeing and hearing how confusing and frustrating it is to find, understand, and choose a plan. Our services are free to the consumer.... discovered a sweeping expansion of Medical Savings Account (MSA) plans by Lasso Healthcare (Lasso). Offering plans in 1,151 counties in 2019, for the 2020 plan year Lasso operates in 26 states and the District of … [Read more...]
My Medicare Advantage Plan Is Not Offered In 2019. What do I Do?
I received a notice that my Medicare Advantage plan won't be available in 2019. What do I need to do?
This year, thousands of seniors received a notice from their Medicare AdvantageMedicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B).... (MA) plan telling them that the insurance carrier will no longer be offering coverage in their area. If you … [Read more...]
7 Tips to Find the Best 2019 Medicare Advantage or Part D Plan
Medicare's 2018 Annual Election Period (AEP) is upon us. As with previous years, it begins on 15 October and ends on 7 December.
To help you make the best choices possible, here are seven tips that will make finding the best Medicare AdvantageMedicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B).... or Medicare Part DMedicare Part D is Medicare's prescription drug plan program. Plans are offered by private insurance companies and cover outpatient prescriptions.... plan easier.
Tip 1: Compare and … [Read more...]
Understanding Medicare Advantage Plans: Max Out-of-Pocket vs. Deductible vs. Co-Pay
If you're about to retire or planning for your retirement, you might be considering a Medicare Advantage planMedicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B)..... These are private health plans offered by national and region health insurance companies and healthcare providers. They are similar to Obamacare plans and health coverage you get through … [Read more...]
What Medicare Out-of-Pocket Costs Mean to You
Out-of-pocket costsOut-of-Pocket Costs for Medicare are the remaining costs that are not covered by the beneficiary's health insurance plan. These costs can come from the beneficiary's monthly premiums, deductibles, coinsurance, and copayments.... 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 … [Read more...]
Is a Medicare MSA Plan Right For You?
MSA stands for Medical Savings Account. It's a type of health insurance plan that helps you set aside monies in a tax-free savings account to be used on your health care costs. If you're familiar with Health Savings Accounts outside of Medicare, it's a similar type of health plan.
Some Medicare … [Read more...]
Tips on Enrolling in Medicare for the First Time
About ten thousand people a day turn 65 in the United States, making them eligible for Medicare health insurance. If you are about to turn 65 you might want to know what being Medicare eligible means to you and how you can best prepare.
The most important thing to be aware of is your Initial … [Read more...]
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 your … [Read more...]
What are Air-Fluidized Beds and Who Needs One?
Anyone that has spent more than a week or two sick or injured in bed knows just how uncomfortable being bedridden can be. Fortunately, there are solutions for patients that need bed sore relief, including air-fluidized beds.
Air fluidized beds are therapy beds that provide an ideal healing … [Read more...]
Does Medicare Cover Acupuncture?
Years ago I worked in a very high stress job that caused me to have severe headaches. However, the job came with a very unusual perk; We had a full-time acupuncturist on staff.
Once a week I had a thirty minute session with Victor for treatments, including massage therapy, acupuncture, … [Read more...]
Does Medicare Cover Abdominal Aortic Aneurysm Screenings?
An abdominal aortic aneurysm is a bulging, weakened area in the wall of the aorta resulting in an abnormal widening (ballooning) that's in excess of 50 percent of the normal diameter. Most arterial aneurysms form in the abdominal aorta below the kidneys. This is called an infrarenal … [Read more...]