Medicare is a government health insurance program for individuals over the age of 64, with coverage that plays an important role in maintaining medical costs as you age. Medicare was enacted in 1965, and it is designed to provide health insurance coverage for those 65 years of age or older who have paid into Medicare [...]
As a Senior, you are in a higher risk category. Likely, your doctor has already consulted with you about your health, wellness, and risk factors. He or she may have also covered some of the most frequent vaccinations that are recommended for patients who are 65 and older, particularly if you have health conditions that [...]
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 [...]
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 [...]
Medicare is a type of health insurance from the federal government. It covers people aged 65 yrs or older. Medicare provides Part A (hospital insurance) and Part B (medical insurance) benefits. Even though Medicare is important to older Americans, it doesn’t cover everything. It, for example, doesn’t include hearing aids and dental care. The Social [...]
As people age, it is common for them to start taking various kinds of prescription medication to manage their health. Unfortunately, Medicare does not always cover these additional costs. For those individuals who rely on the federal program, there’s an alternative called Medicare Part D. To give you a sense of the coverage and who [...]
