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...]
Mistakes to Avoid with Your Medicare Coverage
Medicare health insurance is complicated. And with so much information coming at you when you first qualify for your Medicare benefits, it isn't easy to know what advice to follow.
In this Medicare Mistakes Series, we'll explain some of the most costly mistakes people make and how you can avoid them.
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...]