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...]
Does Medicare Have a Maximum Out of Pocket Limit?
Depending on the coverage selections you've made, your Medicare benefits may have low out-of-pocket costs, high out-of-pocket costs, or even unlimited out-of-pocket expenses. In this MedicareWire article, we'll dissect your liability and how to get more coverage if you need it.
Key Takeaways … [Read more...]
The Pros and Cons of Medicare Supplement Plans
Do Medigap Plans Have Any Disadvantages?
Approximately 30% of people in Original Medicare have Medicare supplements. Many people look at the cost and wonder if Medicare supplement insurance is really worth it? In this MedicareWire article, we'll explore the disadvantages of Medigap plans and … [Read more...]
Medicare Part B Excess Charges: How To Avoid Them
Most doctors in the USA participate in the Medicare program in one form or another. It's a very small percentage that doesn't. However, not all doctors participate in the same way, and this often leads to Medicare Part B Excess Charges. In this MedicareWire article, we'll explain what these charges … [Read more...]
Understanding Medicare in 4 Easy Steps
If you are getting your Medicare benefits for the first time, the jargon may sound foreign, but you don't need Medicare for Dummies to figure it out. Once you learn the ABCs and D of Medicare, you'll be well on your way.
In this MedicareWire blog post, we'll break down the four main parts of … [Read more...]
Medicare Supplement Plans for Disabled Under 65: What You Need to Know
If you're under the age of 65 and you qualify for Medicare benefits due to a disability or End-Stage Renal Disease (ESRD), you may or may not be able to purchase Medicare supplement insurance plans. It all depends on where you live. However, you absolutely will once you do turn age 65.
Medicare … [Read more...]
Good News for Medicare Supplement Buyers: Open Enrollment Is Not For You
As October approaches, like clockwork the Medicare commercials begin on TV. As if Medicare isn't confusing enough already, none of us need the bombardment of hype from insurance marketing organizations, like AARP. Nevertheless, it's here and will be with us until early December.
One area of … [Read more...]
Are You Eligible for Medicare Yet Still Working? How Does This Affect Your Medicare Coverage?
According to Medicare.gov, whether or not you retire at age 65, you are still eligible for Medicare! In this MedicareWire article, we'll go over what you need to know if you're still working after your 65th birthday.
Working After Age 65
If you, or your spouse, are still employed after … [Read more...]
ZZZ-DUPLICATE, FORWARDED: When Does Medicare Start?
If you're approaching retirement, you may ask yourself, "When does Medicare start?" This article will help you understand when your Medicare benefits will begin.
Initial Enrollment Period (IEP)
Everyone turning age 65, or getting Medicare benefits due to their Social Security disability status, … [Read more...]