Many things in the world have changed but one thing hasn’t changed, though; Medicare eligibility begins at age 65. And boomers born in 1952 are next up to join the ranks of Medicare beneficiaries. Here’s what you need to know. 1. Your Initial Enrollment Period This is a span of seven months during which you need to… Continue reading Turning 65 in 2017? What You Need to Know About Medicare
Medicare Supplemental Plan N is one of 10 standardized Medigap plans available in most states. Like other Medigap coverage, this plan helps with certain costs that Original Medicare doesn’t cover, including cost-sharing expenses you may have for hospital services or doctor visits. Like other Medigap plans in most states, Plan N offers standardized benefits. This… Continue reading What is Medicare Supplement Plan N?
Medicare Supplement Plan M is more or less in the middle in terms of the portions of Original Medicare (Part A and Part B) out-of-pocket costs that Medigap plans cover. With a Medigap Plan M policy, the following costs and benefits are covered: Medicare Part A hospital coinsurance and hospital costs up to a year… Continue reading What is Medicare Supplement Plan M?
If you’re enrolled in Original Medicare, Part A and Part B, you probably know it comes with out-of-pocket costs, like deductibles and co-payments. Medicare Supplement (Medigap) plans, available from private insurance companies, are designed to cover some of these expenses. Different Medigap plans cover different portions of your Medicare costs. Medigap plans are standardized in… Continue reading What is Medicare Supplement Plan L?
If you’re looking for some help with certain Original Medicare costs and want a lower-cost Medigap plan with very basic coverage, then Medigap Plan K may work for your situation. Medicare Supplement Plan K pays a percentage of most of its covered benefits, with the exception of Medicare Part A coinsurance and hospital costs for… Continue reading What is Medicare Supplement Plan K?
Are you looking for help with certain costs that Original Medicare doesn’t cover? There are 10 standardized Medicare Supplement (Medigap) plans available in most states, and Plan G could be an option if you’re looking for broader coverage. When it comes to covered benefits, Medicare Supplement Plan G is nearly identical to Medicare Supplement… Continue reading What is Medicare Supplement Plan G?
Medicare Supplement Plan F is generally regarded as the most comprehensive plan out of the 10 Medicare Supplement (Medigap) policies available in most states. Its extensive coverage makes this a popular plan for beneficiaries who want broader assistance with out-of-pocket costs in Original Medicare; however, this also means that premiums may be more expensive. Because… Continue reading What is Medicare Supplement Plan F?