What is Medicare? Sometimes Medicare and Medicaid get a little confusing. Medicaid is a federal program that provides insurance to low-income families. Generally, it covers the children in the household who are under 18, and adults if the income is low enough. Medicare, on the other hand, is the federal government program that provides health [...]
When getting married, there are literally dozens of things that you are expected to do. Get the wedding details right, plan the honeymoon, figure out where you are going to live, etc. These are all important and totally valid, but what about in the long term? Getting married is a long term commitment and does [...]
The need for long-term care can be for several reasons. Some elderly patients require extended care beyond the hospital walls because of chronic conditions the confine them to their homes. Other patients need long-term care to cope with terminal illnesses such as cancer and severe kidney failure. Your need for long-term care should not be [...]
Introduction Health coverage is something that everyone needs and that some people simply cannot afford. Private healthcare is a billion dollar industry that millions of people are not able to be a part of. In an attempt to provide coverage for all citizens, the United States Government created the Medicare and Medicaid programs. Though both [...]
Before Medicare was rewritten, the health plan approach for seniors in the U.S., there was only one version. Then, in an attempt to control costs and separate coverage to categories of basic preventative treatment, pharmaceuticals and full-blown complex care, the Medicare parts we know today were created. Medicare Part B is the modern version of [...]
The concept of affordable healthcare is the main premise for the creation of Medicare as it's divided into two programs: Medicare Part A (hospital insurance) and Medicare Part B (medical insurance) whose primary goal is assisting with treating illnesses and conditions. And for those new to Medicare, the whole process can be quite confusing. It's [...]
Having life insurance is an important aspect in today's hectic world. This is because it can give you, your family and siblings extra protection against life’s unexpected events. However, you can save on the same purpose by getting the cheapest coverage. Ideally, this ensures that you achieve your goals when you can rather than later when [...]
At some point, we have all postponed buying something in the hope that it will be available at a later date, and at a lower price for that matter. Nevertheless, some of the purchases that you may want to postpone are just too important to wait for an extra day. Pushing forward the purchase of [...]
Are you a Medicare recipient but are currently dissatisfied with the plans and options you had chosen previously? You should know that the Medicare Annual Enrollment Period (AEP) gives you a chance every calendar year to alter the format of your plan. It is important to note that the AEP is the only opportunity you [...]
1. If you are not retiring and have creditable insurance coverage through your company: you do not have to pick up Medicare Part B. Please consult with your Human Resources department about creditability. Also, V.A. recipients are not required to enroll in Part B. If veterans do not enroll in Part B, then they will be completely [...]
