How to Claim Medicare without Claiming Social Security

Can you get claim Medicare benefits without claiming Social Security? You sure can, and we’re going to outline the reasons to consider this option along with some of the pros and cons of delaying your claim to Social Security benefits. First, let’s look at some important information about Medicare and Social Security. Then, we can better understand why it makes sense to enroll in Medicare without claiming Social Security. Medicare vs Social Security Health insurance is offered through the Center for Medicare and Medicaid Services (CMS). Social Security provides people with a monthly stipend. Medicare Part A is free for

Continue reading

Preventative Care Covered by Medicare

Preventative Care Covered by Medicare

Preventive care is, without a doubt, a significant factor in your physical well-being. This is also true, maybe even more so, as you age. Fortunately, after years of having limited coverage of preventive care, Medicare does now cover more preventive care. The key for the Medicare beneficiary is being aware of these and taking advantage of them. Preventative Care Covered by Medicare Annual Visits Covered by Medicare “Welcome to Medicare” Visit – Each Medicare beneficiary is entitled to a “Welcome to Medicare” visit within their first 12 months of being on Medicare Part B. During this visit, your provider will help

Continue reading

How to Protect Yourself from Insurance Fraud

When discussing the financial world, insurance is probably one of the safer aspects according to statistics. This doesn’t mean immunity from insurance fraud. For seniors, this is a cause of concern as many don’t use a computer regularly. The biggest issues regarding insurance fraud among consumers are stolen social security numbers, fake insurance policy placement, and scams looking to steal any personal information possible. The good news is you don’t have to be caught off guard. Be proactive and protect yourself against insurance fraud. Also, don’t be afraid to report fraud. Tips to Protect yourself From Insurance Fraud and Scams

Continue reading

Diabetes and Medicare Coverage

Receiving coverage for Diabetes is especially important for those on Medicare. Having additional insurance coverage makes managing diabetes easier. Diabetes is a medical condition in which the body doesn’t produce enough insulin, which ultimately leads to an increased amount of glucose in the blood. Insulin is a hormone produced by the pancreas which in turn produces glucose (sugar). Glucose is needed to produce energy for the body's cells function properly. When the body is unable to do so on its own, it will need assistance in moving the sugars out of the blood stream and into the tissues after eating. Diabetes

Continue reading

Does Medicare Cover Hearing Aids?

As you get older, you start to think about your health in new ways.  Things you never were too concerned about before now become a top priority.  One of these things is hearing. Hearing loss is a common and sometimes frightening development that takes place as you age. Does Medicare Cover Hearing Aids? Causes of Hearing Loss A variety of circumstances can cause hearing loss.  External causes, like long-term exposure to noise pollution, are common.  Internal causes, such as genetics or illness, can also play a major role in hearing loss. Do You Need Your Hearing Tested? If you have noticed

Continue reading

What are the different types of Medicare supplement plans?

All Medicare supplement policies Medicare supplement insurance, also known as Medigap, is designed to cover some or all of the costs a patient is responsible for before Medicare Parts A and B will pay anything, copays required by Medicare Parts A and B and amounts over the maximum that Medicare Parts A and B will cover. The different Medigap plans are standardized between companies, meaning consumers will receive the same coverage for Plan A (or whichever plan they select) regardless of which company they buy it from. There are 11 plans, each designated by a different letter, and each one

Continue reading

How To Select A Medicare Supplement Company

Plan Availability Medicare supplement insurance plans are standardized by law and are named with letters. The standardization means that every company’s Plan A offers the same coverage, but not all companies sell every plan. And sometimes companies offer different plans in different states. Plans by company: If you want to purchase coverage from a specific company, start by looking at the plans that company sells in your area. Plans by type: If you are more concerned with the coverage provided than the company selling it, start by looking at plans and then determine which companies offer those plans in your

Continue reading

Medicare 101

Medicare 101

While most individuals embrace the aging process, Medicare is excellent coverage that many seniors look forward to obtaining. Medicare has been providing health insurance coverage since 1965 for individuals 65 and older as well as certain disabled Americans. Over 15% of the country is currently enrolled in Medicare today and that’s a definite bonus after having worked for most of our lives. Being on Medicare means having Hospital and outpatient coverage for many services. Although, many seniors are unaware of the coverage they have and what expenses they’re responsible for paying. Having a Medicare Supplement could help you plan your health

Continue reading

Durable Medical Equipment & Medicare

Durable Medical Equipment & Medicare

Many baby boomers rely on Durable Medical Equipment (DME) supplies for their daily activities. Medicare covers medically necessary supplies such as a wheelchair, CPAP machine, or oxygen tank. So, if you’re wondering about Medicare coverage on your Durable Medical Equipment; ask yourself this; is this medically necessary and is my doctor going to write a prescription for this? If you can answer yes, then coverage will be likely. Will My Medicare Coverage Pay for Durable Medical Equipment? Durable medical equipment is covered under Medicare Part B. The yearly Part B deductible is applicable and then Medicare pays an 80% coinsurance. That

Continue reading