Medicare and Medicaid are both federal programs offering health coverage to qualifying individuals at low to no cost. But these two similarly-named programs often confuse people, especially if you find yourself eligible for both. Today we’re looking at the key differences between the two and what you should know about eligibility. What is Medicare? Medicare […]
As you approach your 65th birthday, you’ll probably start receiving alerts about signing up for Medicare. You’ll be presented with several decisions to make and quite a bit of information you never thought you needed to know. And some of that information may be unexpected. For example, you might be surprised to hear there are […]
Medicare beneficiaries often find themselves burdened with medical expenses that aren’t covered. With Original Medicare only covering about 80% of Part B costs, the remaining 20% remains out-of-pocket expenses in the form of deductibles, copays or coinsurance. To reduce these coverage gaps seniors have a few choices. Most opt to enroll in an Advantage Plan […]
Identity theft, online phishing, credit card fraud… today’s world can feel like there’s danger lurking around every corner. Online scams are a part of everyday life, and unfortunately, many scammers target seniors. One way criminals do this is by posing as Medicare representatives. As Medicare fraud grows more sophisticated, you may have a hard time […]
Each year during the Medicare Open Enrollment Period (OEP) and Annual Election Period (AEP), seniors face an uphill task. Deciding on an insurance plan for the next year can be a painstaking process. Depending on where you live, you could have dozens of options in front of you. And with insurance companies ramping up on […]
