The Medicare premiums in 2013 (for Part B) will be $104.90 per month for most individuals but if your yearly income was higher than the average American you may have to pay more. How much does Part B cost? Most people pay $104.90 for their Part B premium each month. BUT... If your modified adjusted gross income (as reported on your IRS tax return from 2 years ago) is above a certain amount, … [Read more...]
What is Medicare?
What is Medicare? Here is the Medicare Definition: Medicare is a health insurance program from the federal government that covers most people that are of the age of 65 or older. If you’re younger than 65, Medicare will cover your health care costs if you’re disabled or have End Stage Renal Disease. People covered by Medicare are called the beneficiaries of the medical insurance program. Medicare … [Read more...]
Medicare Advice: Do I Need Medicare Insurance?
If you’ve applied for Medicare Part A and B you’ve got Medicare Insurance. But, you’ve still got a big gap that could create a financial hardship for you if you don’t cover that gap with additional insurance. Medicare covers 80% of your Medicare approved procedures, doctor visits, etc. But you are still responsible for 20% of all charges. That 20% isn’t a big deal if you just have to see the … [Read more...]
Medicare and Health Insurance Options at Age 65
There are loads of health insurance options for people over age 65. Below we'll discuss each of them so you get a better understanding of what to look for and which type of plan might work best for you. Private Insurance Some people, over 65, have company sponsored group medical health insurance that carries over into retirement. These plans must be reviewed by a Professional Medicare Insurance … [Read more...]
Medicare 101: Medicare For Beginners
I think everyone could use a Medicare for beginners article. Especially after all the changes that have taken plan the last few years. If you are an American citizen or permanent resident, you are going to want to be familiar with the many benefits that are available to you. One of the greatest things about this country are all of the many services and benefits available to the citizens of this … [Read more...]
Medicare 101: How To Qualify for Medicare
Learning about medicare for the first time you could be asking yourself "How do I qualify for Medicare"? Medicare is an American healthcare system for people of the age 65 or older. It is primarily funded by employees and employers through payroll taxes, as well as, monthly premium deductions from social security checks. If you would like to know how to qualify please read the following … [Read more...]
