Before you Activate Medicare Part B make sure you are signed up for Medicare Part A You should sign up for Medicare Part A even if you are still working and have insurance through your employer as most people get Medicare Part A for free. Activate Medicare Part B Medicare Part B comes with a whole different set of rules you must understand before activating it. You’ll pay a premium when you … [Read more...]
Medicare Part B Income Related Adjustment
Medicare Part B is normally covered by a monthly premium to help pay for the cost of doctors, outpatient hospital care, and physical and occupational therapy that one might need. Medicare Part B has a monthly cost or premium that must be paid by everyone who activates their Medicare Part B benefit. The amount you pay varies by how much you/your spouse make per year, this is your Medicare Part B … [Read more...]
Medicare Premiums In 2013
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...]
Medicare Insurance Is Now A Reality For Baby Boomers
The first wave of Baby Boomers begin turning 65 in January 2011. This means that if you are one of these Baby Boomers you will be signing up for Medicare insurance for the first time. It can be a complex and frustrating process that could cost you time and money, if you make mistakes or wrong choices. Medicare Insurance has four parts: A, B, C and D. Part A covers in-hospital stays and has … [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...]
