Many Medicare Recipients know that Medicare cannot and does not cover everything that a person needs to take care of medically. Sometimes those things don’t add up to a lot of out of pocket expense. However; there are times that they do add up to a great deal of out of pocket expenses. What can […]
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Not Having Medicare Supplement Insurance Could Cost You
Posted by AnaLise Published in supplement plansThere are a lot of questions swirling around about what Supplemental Medicare Insurance, also called Medigap, is and what it isn’t. People want to know how it works and whether it is right for them or not. Especially if you are in a situation where you are looking at retirement now or in the […]
Boomers Confused About Retirement, Medicare and Supplemental Insurance
Posted by AnaLise Published in supplement plansIt’s hard to believe that the Baby Boomer generation has made it all the way to retirement age. Most boomers don’t look it and don’t act it, but in actuality, many boomers will pass into retirement in 2008. There are a lot of plusses about retiring, but there are some troubling aspects, too. For one […]
Medicare Part D – Prescription Drug Benefits – is one of the newer programs available with Medicare, having come out in 2006. Part D covers some of your prescription medications, both brand name and generic. There are a lot of choices when it comes to Part D. You can buy a pan that simply covers […]
Supplemental Insurance for Medicare Recipients
Posted by AnaLise Published in aarp, supplement plansSupplemental Insurance policies – also called Medigap plans – were designed to help cover expenses that original Medicare does not cover. There are 12 policies – A through L. Plan A has the least benefits and the lowest premiums while Plan J offers the most benefits with the highest premiums. You can compare these plans […]
Most individuals who are eligible for Medicare coverage are automatically covered under Part A, federally funded hospital benefits. Many of these individuals purchase Part B, which covers physicians’ costs. Part B costs the individual $45.50 per month. What happens with the expenses that aren’t covered by Part A and Part B? Many Medicare recipients purchase […]
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