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...]

A Great Video to Help With Understanding Medicare

Are you new to Medicare? This is a great video to help you understand medicare and how it works. Understanding Medicare coverage choices can be tricky so its important to educate yourself and pick your coverage carefully. How you choose to get your benefits can affect your quality of care.  If you are about to become eligible for Medicare, or just became eligible for Medicare here is a great … [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 News: Lipitor Price to Fall

Finally... Lipitor's patent expired on November 30, 2011. The new generic version of Lipitor is called Atorvastatin and should be available at your local pharmacy now. The pricing for this generic version will be less than the "name-brand" but, starting in June 2012, when all drug makers can start making the drug, prices should fall dramatically. By next fall, 2012, the price for generic … [Read more...]

Medicare News: Medicare Prescription Drug Rebate

If you are a senior citizen, then you already know that Medicare prescription drug plans tend to be a complicated issue. For one, there are various kinds of Medicare plans. There isn’t just one plan that is right for all senior citizens. Also, depending on what kind of money you make, what kind of social security you have, and what kind of taxes you have paid, you may even have to supplement your … [Read more...]

Difference Between Medicaid and Medicare

One of the most common questions people have once they are introduced to this topic is in regards to the difference between Medicaid and Medicare. For many people, the recent health care debates have actually confused the issues more than they have cleared them up. The reason for this is that politicians, writers, and pundits on both sides of the aisle have very different opinions on health care … [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...]