No. There is no current out-of-pocket limit for hospital or medical services covered by Original Medicare. Here is a look at the costs under Original Medicare (Part A and Part B). Part A Costs Many people receive Part A without having to pay monthly premiums. This premium-free Part A is
IS ORIGINAL MEDICARE PARTS A & B ENOUGH COVERAGE FOR ME? If you are 65 or older; under 65 with certain disabilities; or any age with End-Stage Renal Disease, you qualify for Medicare. Parts A and B make up the basic Original Medicare coverage a beneficiary has. Part A (Hospital
If you will be turning 65 soon, it’s time to learn about Medicare. You will be getting mail about Medicare plans from every insurance company you’ve ever heard of and some you haven’t. Although it’s very stressful, it is very important for you to learn enough about Medicare to make
Planning for healthcare expenses is an important part of maintaining your financial stability. While you can do much of this planning before your retirement years, you’ll need to continue to stay abreast of significant changes. Each year, Medicare costs are adjusted, and understanding these updates can help you make informed
Why are Medicare Advantage Plans Called Bad? Just yesterday I sat down with a couple to help explore options. Both were on different variations of a group Blue Cross Blue Shield plan through their employer. Like every client consultation, my goal is to find out what they know and
Applying for Medicare may seem like an intimidating task, but it’s easier than you think. Each year, we help thousands of people enroll in Medicare, and they’re always surprised by the process. Signing up for Medicare is especially easy when you have a trusted insurance advisor helping you along every
Medicare Plan N is not the most comprehensive Medigap plan on the market. And yet, more and more beneficiaries are seeing the value of lower monthly premiums. In fact, we’re seeing the number of people enrolled in Plan N grow at a faster rate than any other Medigap plan. In
Did you know that not everyone pays the same Medicare premiums? The Centers for Medicare and Medicaid Services (CMS) set a standard premium each year, which is what the majority of beneficiaries pay. However, about 8% of people actually pay a higher premium for both Medicare Part B and Medicare
Introduction Healthcare is essential, especially as we get older. We are going to answer the big question, Medicare Supplements vs. Medicare Advantage? Medicare is an excellent resource for seniors in our country, but sometimes it doesn’t cover everything we need. That’s why we choose between Medicare Supplement (Medigap) plans and
There are certainly points that people on all sides have, but unfortunately, they’re often painting the pictures they want to paint to benefit their business, party or agenda. This has been by far the worst year of fear-mongering from political leaders and journalists when it comes to Medicare. From scare
