Original Medicare, through its Part A (hospital insurance) and Part B (medical insurance), covers the central part of your health care needs after age 65. However, there are several areas that Original Medicare does not cover – and which you should know about so you can be prepared to handle them, one way or another. Here are some of those areas and possible solutions.
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2023 Medicare Parts A & B Premiums and Deductibles 2023 Medicare Part D Income-Related Monthly Adjustment Amounts On September 27 of 2022, the centers for Medicare and Medicaid services or sometimes called CMS posted the 2023 premiums, deductibles and coinsurance amounts for Medicare part a and part B programs. They 2023 Medicare part D income…
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Health Insurance Is The Third-Highest Living Expense For Americans Picture of stethoscope Health insurance premiums take up 10.69 percent of the average American’s annual salary, the highest living expense after rent and childcare. Health insurance premiums absorb a high share of the average American’s annual income and must compete with other essential expenses to be…
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Income Related Monthly Adjustment Amounts (IRMAA) apply to you. Couple reviewing their IRMAA notice Income Related Monthly Adjustment Amounts (IRMAA). You need to know what are the ramifications of selling your house specifically a vacation property something that’s not your primary residence, because you may not know that this could cause your Medicare Part B…
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Medicare coverage Long Term Care. Many adults will need some type of long-term care in their lifetime. It’s not always clear whether it’s covered or not. If you or a loved one have Medicare, you might be wondering about your options regarding long-term care should you need it down the road. In this post, we’ll…
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When it comes to Medicare, there are two main types of plans: Medicare Advantage and Medicare Supplement. Both have their pros and cons, but which one is right for you? In this article, we’ll explore the differences between Medicare Advantage and Medicare Supplement plans and help you decide which is the best option for you.…
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