Retirement health insurance options
After you retire, you have a wide variety of health insurance options available. Your best option will depend on your needs, your budget, and your eligibility. The following are some common retiree h. . .
2016 Medicare costs
Medicare beneficiaries will face higher Medicare costs in 2016. Several costs, including the Part A deductible, the Part A inpatient hospital stay co-insurance, and the Part B deductible will increase. . .
Does Medicare cover cataract surgery?
If your doctor says that cataract surgery is medically necessary, Medicare will most likely cover the operation. However, you may be responsible for paying 20% of the Medicare-approved cost of the pro. . .
SilverSneakers Wellness Program
SilverSneakers is a wellness program designed for older adults that is included with some Medicare health plans (also called Medicare Advantage or Medicare Part C). More than 12 million people are el. . .
Does Medicare Supplement Insurance Cover Prescriptions?
Medicare Supplement insurance policies do not provide prescription drug coverage. If you have Medicare Supplement Insurance (Medigap), you should be able to get prescription drug coverage through a M. . .
Are 2014 Medicare costs tax deductible?
Some Medicare costs are tax deductible; however, they must exceed a certain percentage of your adjusted gross income (AGI) and meet Internal Revenue Service (IRS) guidelines. Tax-deductible Medicare c. . .
Do I need Medicare to buy a Medigap policy?
You need to have Original Medicare coverage (Part A and Part B) to buy a Medicare Supplement insurance (Medigap) policy. If you are not enrolled in Medicare or Medigap and want this coverage, you shou. . .
Medicare and Medicare Supplement insurance coverage for Alzheimer’s disease
Medicare and Medicare Supplement insurance (also called Medigap) do provide medical coverage and help with health care costs for treating Alzheimer’s disease. However, you may still face large out-. . .
What are Medicare lifetime reserve days?
Medicare Part A only covers some of the costs of inpatient hospital stays for up to 90 days per benefit period. However, you may be able to use Medicare lifetime reserve days to extend your Part A . . .
Are you eligible for Medigap if you’re under 65?
Medicare Supplement Insurance is available nationwide to Original Medicare beneficiaries 65 years old and older. Although Medicare Supplement insurance (Medigap) is primarily for senior citizens, it d. . .