How much will Medicare cost me yearly?

How much will Medicare cost me yearly?

We get this questions about yearly cost a lot from clients. The cost of Medicare is hard to sum up because it is so different for every person. While some parts of Medicare everyone has, there are other parts of Medicare that individuals get to choose. Due to this,...
Does Medicare Pay for Long-Term Care?

Does Medicare Pay for Long-Term Care?

“Medicare does not pay for long-term care, so you may want to consider options for private insurance.”  This is stated on every person’s Social Security Earnings Report (as seen in the photo), yet many people still have not planned how they will cover this cost....
Medicare vs Medicaid

Medicare vs Medicaid

Medicare and Medicaid are regularly used interchangeably, but they are very different programs. While both were established by the U.S. government in 1965 to cover healthcare costs and are taxpayer funded, that’s about where the similarities end. Do you know the...
What is Medicare Part B?

What is Medicare Part B?

Many refer to Medicare as “alphabet soup”, and Part B is one letter of this. Medicare Part B is one part of Original Medicare, which is made up of Part A and B. While Part A is hospital insurance, Part B is medical insurance, covering doctor and outpatient costs.  ...
What is Medicare Part A?

What is Medicare Part A?

Medicare is made up of four parts: Part A, Part B, Part C, and Part D. Many people getting ready to start Medicare, even people already on Medicare, don’t know exactly what all these parts cover. Part A and Part B are referred to as Original Medicare. These two parts...
What is Medicare?

What is Medicare?

Every day, an average of 10,000 people turn 65.  After years of paying taxes, these people finally get the opportunity to sign up for Medicare.  Medicare is a federal health insurance program, funded by the Social Security Administration, for Americans 65 and older,...
Medicare Scams: How to Avoid Them

Medicare Scams: How to Avoid Them

There are all different types of scams out there targeting various groups of people. One scam that specifically singles out seniors deals with Medicare. For scammers, Medicare is an easy topic because mostly everyone over 65 has it, meaning they already have a list to...
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