A growing number of Americans are choosing to work past their 65th birthday. According to data from the Bureau of Labor Statistics (BLS), approximately 20% will decide to continue working well into their 60s and 70s. The top reason for the shift is a positive one. As many as 75% of Americans over the age …
Your Medicare Enrollment Choices When Working Past The Age of 65 Read More »
Research shows that between 10 and 12 thousand people turn 65 each day, making them eligible for Medicare. While working, you will notice Medicare taxes (for Medicare Part A hospital insurance) are taken out of your paychecks. Once you or your spouse work the required 40 quarters or 10 years, you will not have to …
More than 60 million Americans receive Medicare benefits. In fact, over 18% of Americans are currently covered under the federal Medicare program. After successfully enrolling in the program, understanding how to use your Medicare card is very important with respect to accessing and paying for care. This article will provide you with the basic information …
There are many circumstances in which Medicare beneficiaries are enrolled in two health insurance plans at the same time. As you can imagine, there are a number of scenarios one can fall into; however, there are regulations in place to determine the coordination of benefits (COB). This specifically determines which plan pays first and then …
What is a Medicare Late Enrollment Penalty? A Medicare Late Enrollment Penalty (LEP) is an additional monthly amount you will be required to pay to Medicare if you did not enroll in Medicare Part B and/or D when you first became eligible. Additionally, for those that have to pay for Medicare Part A, there is …
In the United States, Medicare benefits help provide health care coverage for more than 60 million people, from beneficiaries turning 65 to individuals with qualifying medical conditions. Enrollment periods guide when Medicare beneficiaries are able to enroll, disenroll or change their Medicare plan. Since you can incur lifetime penalties if you miss enrollment deadlines, it’s …
Understanding Medicare Special Enrollment Periods Read More »
If you’re among the 17.8% of the United States population who are covered by Medicare, you may decide to receive your Medicare benefits through a Medicare Advantage plan. Medicare Advantage, also called Medicare Part C, allows you to obtain your Original Medicare benefits (Part A and Part B) and additional benefits through a Medicare-approved private …
How to Select a Medicare Advantage Plan in Your Area Read More »
Medicare is a government-sponsored health insurance program for Americans who are 65 years or older, and certain younger individuals with qualifying disabilities, End-Stage Renal Disease (ESRD) and Amyotrophic Lateral Sclerosis (ALS). There are different methods of signing up for Medicare and finding enrollment assistance, including seeking the assistance of a local Medicare insurance agent. The …
How to Sign Up for Medicare and Where to Find Enrollment Assistance Read More »
Are you finding it burdensome to wrap your head around the Medicare plan options available to you and deciding on which plan to choose? You’re not alone in this – each day 10,000 people turn 65 and become eligible for Medicare benefits. It can be hard to know the most important considerations that guide Medicare …
Whether you’re selecting a Medicare plan, trying to determine your Medicare eligibility and when to enroll, or wondering whether to consult with a Medicare insurance agent, it can all seem a bit overwhelming. The good news is that even though dealing with Medicare plans, rules and regulations appears complex at first, there are resources at …
Benefits of Working with a Local Medicare Insurance Agent Read More »
