In Medicare, you may hear the term “creditable coverage” used every once in a while, especially when you are new to Medicare or plan on delaying your Part B. Take note that creditable coverage can be very specific depending on your situation. It could cost you if you are not aware of what is creditable and what is not.
With Medicare you may find that there are many different letters to keep up with. When it comes to the basics, there are four parts of Medicare that are broken down like so: Part A, Part B, Part C, and Part D. Take a look at what each one entails!
You have made it past the first stop in enrolling in Medicare: Part A. Now, it is time to think about enrolling in Part B. Remember, Part B is the side of Original Medicare that covers doctor’s office visits. There is a common Medicare myth that your Part B costs with Original Medicare are free. Is that true?
The most common mental illness for those over 60 years old is depression. It impacts 6 million Americans but only 10% receive help. If you are enrolled in Medicare, you have several benefits for mental wellness.
To delay or not to delay, that is the question. If you think you may delay your Part B coverage, read to learn more about avoiding penalties.
Depending on the Medicare Supplement plan that you choose, it might cover some cost of a knee replacement surgery. These plans assist with deductibles, coinsurance or copayments. Be sure to note that your prescription drugs are not covered by Medicare or a Medicare Supplement. You will need to consider a Prescription Drug Plan to cover the out-of-pocket cost. Our advisors can walk you through that entire process and answer any questions you have, FREE of charge.
Did you know that every year in the United States more people are diagnosed with skin cancer than all the cancers put together?