A Quick Guide to Understanding Medicare

Medicare is a complicated system, and it can be difficult to puzzle out the different options. One of the most common questions people ask is how Medicare Advantage fits into the picture — if it costs more, what it covers, and whether it works with or without "regular Medicare".

Medicare Part B is an optional coverage that helps cover the costs of medical services like doctors' visits, outpatient care, and many of the other medical services that are not covered by Medicare Part A (which covers hospitalizations and inpatient care primarily)

If you're about to turn 65, you should be thinking about Medicare. There's a lot to understand about eligibility, enrollment periods, and coverage, and how each one affects your overall costs. One of the most important factors to remember is that late enrollment can result in a lifetime premium penalty. While you want to make the best decision, you also need to make your decision at the right time.

Before Medicare Part D was enacted in 2006, Medicare beneficiaries didn't have much help paying for their medications. Some people spent thousands of dollars each year from their own pocket to cover their retail drug costs. In some cases, people had to choose between buying food and buying the medications they needed — even though they were receiving Medicare.

Medicare Part D lets you choose a drug coverage plan, so you don't need to worry about getting buried under prescription drug costs. Read on to learn more about how the program works, what it covers, and how to enroll.

Let's face it―navigating the Medicare system can be extremely confusing. It can be tough to understand what kinds of coverage you're entitled to receive, and which benefits you're eligible for. Figuring out the difference between Medicare Part A and Part B is also puzzling, and you're probably full of questions!

If you're feeling overwhelmed by the Medicare system, you're not alone. We understand that this is a complex subject, so we created a guide containing everything you need to know.

With age comes more than wisdom. It also increases the risk of dental problems, such as gum disease, cavities, and more. when you add in things like dentures, crowns, and bridges, these costs multiply exponentially. It's essential to help protect yourself with an insurance policy that eases the financial burden.

Many people rely on Medicare for this protection, but not everyone knows that Medicare has many coverage gaps. It's imperative to understand the type of protection Medicare provides for dental services and how to ensure you have the best protection possible.

Medigap was designed to help fill in the gaps in coverage for the original Medicare policies, including Part A and Part B. Part A covers inpatient and hospital expenses, while Part B covers outpatient medical expenditures.

Both parts have various cost-sharing components including deductibles, coinsurance, and copayments. Medigap fills in the gaps in coverage. Medigap plans pay the hospitals directly for any cost-sharing expenses so the policyholder doesn't need to seek reimbursement from the insurance company.