As you get closer and closer to turning 65, you start wondering about Medicare. Do you need to enroll or will you be automatically enrolled? If you are collecting some form of Social Security, whether that is due to retirement or disability, you are automatically enrolled in Medicare Part A and Part B when you become eligible. You become eligible when you turn 65 or have been receiving Social Security [...]
Generally, Medicare is available for people age 65 or older, younger people with disabilities and people with End Stage Renal Disease (permanent kidney failure requiring dialysis or transplant). You are eligible for Medicare if you are a citizen of the United States or have been a legal resident for at least 5 years and: You are age 65 or older and you or your spouse has worked for at least 10 years [...]
When it comes to eye care, coverage under Original Medicare is pretty hit or miss. This is why it is very important to refer to your plan to know if you are covered, and if you are, what is covered. As a reminder, there are 4 parts of Medicare. Part A covers inpatient hospital coverage. When it comes to vision, Part A will only cover when the condition is considered [...]
People qualify for Medicare benefits in one of three ways: Age Disability Certain illnesses Medicare for people turning 65 Most people know that when they turn 65 they can start receiving Medicare. In general, you are eligible at 65 if you or your spouse worked and paid Medicare taxes for at least 10 years. You can get Part A at age 65 without having to pay premiums if you: [...]
Medicare Advantage is also referred to as Medicare Part C. These are private Medicare plans where you pay copays for many routine services like doctor’s visits, lab-work, ambulance, surgeries, hospital stays, urgent care and more. Did you know you don’t have to be turning 65 to be eligible for Medicare Advantage? Certain individuals are eligible for Medicare under the age of 65, including those with disabilities. Many of the [...]
A lot of people confuse Social Security with Medicare, but they are completely different programs. To start, here is what they have in common: Individually funded by payroll taxes Provide benefits to people who are eligible Help people with certain disabilities But more importantly, here is how they differ. Social Security A federal program that provides benefits for retirees who have worked and paid Social Security taxes for at [...]
It’s no secret that as we age our vision and hearing start to decline. In fact, it’s estimated that nearly two-thirds of people over the age of 70 are affected by hearing loss. This can make it difficult to do once easy tasks, such as hearing conversations, your favorite TV shows, alarms and more. But it’s a small price we pay for living and long and happy life. Original [...]
While they sound similar, Medicare and Medicaid are actually two entirely different programs. Both programs can help you pay for healthcare and medical expenses but are completely different in nature. Medicaid is a state and federal program that provides health coverage for low-income Americans regardless of their age. Medicare, on the other hand, is a federal health insurance program that guarantees coverage for individuals ages 65 and over and people [...]
As you get closer and closer to turning 65, you might question whether or not you need to enroll in Medicare. Do you need to enroll or will you be automatically enrolled? Collecting Social Security benefits? If you are collecting some form of Social Security, whether that is due to retirement or disability, you are automatically enrolled in Medicare Part A and Part B when you become eligible. You [...]
As you begin to select the Medicare plan that will be best for you, questions will arise as to whether certain services are covered or not. If you are concerned about dental care, it’s important to know what is and isn’t covered. Does Medicare cover dental? Medicare Part A and Part B, also known as Original Medicare, does cover some dental care. However common dental care services such as [...]