Category Archive for : ‘Medicare Supplements’

Medicare And Health Insurance What Is Covered

Medicare and Health Insurance: What is Covered

Medicare is a federal health insurance program for people aged 65 or older. The purpose of Medicare is to provide a low-cost option for health insurance to those retirees who are no longer covered under an employer’s insurance plan. The Social Security Administration handles Medicare health insurance eligibility and enrollment.

Medicare covers a wide range of medical necessities including hospital stays, routine exams, medications, etc. However, it does not cover everything. Long-term care services, private nursing care, dental and vision care and cosmetic surgery are just a few of

Better Health Care with Medicare Supplement Insurance

Getting Better Health Care with Medicare Supplement Insurance

After you’ve blown out 65 candles at once, it’s time to enroll in Medicare. Part A takes care of the hospital, part B takes care of the doctor, but what about everything else? According to the U.S. Census Bureau, 1 in 6 elderly Americans live below the poverty line and many more are filing for bankruptcy than ever before. Even if you are one who is still employed and are not worried about retirement, about half of American workers have less than $10,000 saved for retirement, and 29% have less

Insurance For Women

Insurance for Women

Most women worry more about being sure their kids have health insurance, their husbands have life insurance and a decent retirement plan, and their families are covered with auto insurance, but few actually look at the insurance needs of themselves.

Women are characterized most often by caring about those around them before focusing on the needs of their own. Unfortunately, this leaves them at a higher risk than any other demographic.

It is crucial for women to ask questions and be involved in large and small financial decisions that affect the family

Medicare Supplement FAQ

Medicare Supplement FAQ

Q. What is a Medicare Supplement plan?

A Medicare Supplement policy is private health insurance that is designed to supplement Original Medicare. This means it helps pay some of the health care costs (“gaps”) that Original Medicare doesn’t cover (like copayments, coinsurance, and deductibles). If you have Original Medicare and a Medicare Supplement policy, Medicare will pay its share of the Medicare approved amounts for covered health care costs. Then your Medicare Supplement policy pays its share.

Q. Am I eligible to apply for a Medicare Supplement insurance plan?

Once you are enrolled

Medicare Supplement Insurance Plans

Medicare Supplement Insurance Plans: Filling in the Gaps

Medicare Part A: Check.

Medicare Part B: Check.

What about the rest?

While Parts A and B of Medicare cover close to 80% of medical bills and expenses, they do not cover them all. But even 20% can add up to a substantial out-of-pocket responsibility. When you consider the deductibles, co-pays and various uncovered expenses, the gap in coverage grows wider and the costs may prove to be unmanageable for some. Because of this gap in coverage there are Medicare Supplemental Insurance plans, also known as a Medigap policy, designed to cover the