How to Avoid Medicare Penalties
Posted: June 6, 2022
Medicare charges late enrollment penalties that take some people by surprise. These penalties are designed to discourage older Americans from passing up Medicare coverage and possibly incurring high medical bills down the road. Take steps to avoid these penalties, so you do not have to pay higher Medicare premiums. What Penalties Does Medicare Impose? You end up paying more for Medicare if you enroll late...
How to Make the Most Out of Your Retirement Planning
Posted: May 30, 2022
You've worked hard your entire life. What could be better than relaxing and enjoying your golden years? Well, unfortunately, 49% of people ages fifty-five and older don't have any retirement savings. Your retirement planning is one of the most important decisions you'll make in your adult life, and the success of your retirement depends entirely on your ability to choose the right plan (and plan B)....
Medicare Advantage vs. Medicare Supplements
Posted: May 25, 2022
Original Medicare is perfect for many people because it covers most of the priciest healthcare treatments you can get - mainly the hospital stays and the moderately-priced outpatient appointments that stack up to make up a higher expense. Medicare Advantage and Medicare Supplements are the extras for those who need Medicare coverage with extra benefits. But there are things you should know before enrolling. You...
How to Get Health Insurance After Adopting a Child
Posted: May 25, 2022
Welcoming a new member to your family is one of life’s most rewarding and fulfilling experiences. Whether you are adopting a new baby or an older child, adoption is treated as a “qualifying life event” that allows you to purchase health insurance. A qualifying life event triggers a special enrollment period that allows you to put health insurance in place for your new family member...
How to Prepare For Your “Welcome to Medicare” Visit
Posted: May 21, 2022
If you are new to Medicare, you are embarking on a new phase in your healthcare journey. One of the first things you will do is schedule a “Welcome to Medicare” visit. Medicare covers this visit. When scheduling this first visit, ensure the medical provider you choose accepts Medicare. When you choose your Medicare plan, ensuring you will retain access to your usual doctor could...