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5 months ago
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The Qualified Medicare Beneficiary (QMB) Program is one of four types of Medicare Savings Programs. The QMB Program is also the most comprehensive of the four, as it helps individuals with limited income and assets pay not only for Medicare Part A and B premiums, but also for deductibles and co-paym... [read more]
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11 months ago
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If you need a medical procedure, you may have to hold off on treatment until you have received approval from your health insurance plan.
In many cases, Medicare Advantage and other plans have been denying their patients certain services despite doctors’ orders. (In one survey, medical practices r... [read more]
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1 year ago
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What Is Medicare Part D?
Adults who are age 65 and older can enroll in Medicare, a federal health insurance program. If you have signed up for Medicare Part A, Part B, or both, you can also sign up for Part D.
Available through private insurers, Medicare Part D remains optional and covers ce... [read more]
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1 year ago
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More than 65 million seniors across the country benefit from Medicare, a government health insurance program.
When Does Medicare Start?
At age 65, you become eligible for Medicare if you are a U.S. citizen. You do not have to wait until you retire to apply for the program.
You can enroll in... [read more]
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1 year ago
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In 2023, seniors were happy to see their Medicare Part B standard monthly premiums and annual deductibles go down for the first time in more than a decade. Unfortunately, that’s not the case for 2024, when these charges will be back on the rise.
In the fact sheet it released about the updated... [read more]
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2 years ago
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Health Affairs estimates that 4 million older adults can only leave their homes with assistance, making accessing care challenging.
The Centers for Disease Control and Prevention reports that 1.3 million Americans receive care in nursing homes. According to A Place For Mom, more than 810,000 ... [read more]
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2 years ago
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As we near retirement, we may assume that once Medicare kicks in, our medical insurance premiums will be fixed. However, many people may not realize that there are special rules regarding how much they pay for Medicare Parts B and D if they are in a higher income range.
What Is IRMAA?
If the S... [read more]
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2 years ago
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A health savings account may help you save money on medical expenses, depending on your insurance type. If you are eligible, you can use your health savings account (HSA) to cover certain medical costs, according to HealthCare.gov.
How Does an HSA Work?
If you have a high deductible health pla... [read more]
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2 years ago
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Assisted living facilities support older adults with daily living while fostering their independence. Individuals who do not require round-the-clock nursing but need help with everyday activities like bathing, housekeeping, medications, and meal preparation can benefit from assisted living.
S... [read more]
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2 years ago
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For the first time in more than 10 years, Medicare Part B enrollees will see some of their costs decline. In an announcement issued by the Centers for Medicare and Medicaid Services (CMS), the agency outlined changes to the premium, deductible, and co-payment amounts for numerous Medicare costs taki... [read more]
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2 years ago
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Recent research by the Kaiser Family Foundation examined the differences between traditional Medicare and Medicare Advantage. While people in either program were similarly satisfied with their care and overall care coordination, some distinctions became apparent.
Traditional Medicare’s Streng... [read more]
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3 years ago
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Medigap premiums for plans from insurance companies offering the same benefits vary widely, so it pays to be a smart shopper.
Federal law requires that each insurance company offers the same benefits for each of the Medigap plans lettered A through M, but each company sets its own premium rat... [read more]
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