What to Do If Your Medicare Card is Lost or Stolen
Knowing what to do if your Medicare card is lost or stolen is important. Luckily, getting a replacement Medicare card is easy. Here’s how to get a new Medicare card!
Read articleHow is Medicare Funded?
We talk a lot about what Medicare costs to use, but not how the benefits are financed. Here’s how Medicare is funded, and how we each help ensure enrollees receive affordable health care. There are 61 million people in the United States that are enrolled in Medicare and rely on its coverage to afford vital health care.…
Read articleHealth savings account (HSA)
A health savings account (HSA) can provide a triple tax break: your contributions are tax-deductible (or pre-tax if through your employer). The money grows tax-deferred, and you can withdraw it tax-free for eligible medical expenses at any time. And when you turn age 65. You can withdraw the money tax-free for even more expenses. You have to…
Read articleMedicare and COBRA
Medicare and COBRA. COBRA is the temporary insurance that allows people to remain insured for 18 months (or sometimes longer) after leaving employment. It is designed to give people time to get another job or find a different health plan. Aside from the expense, terminated employees must now pay the entire premium themselves. It works…
Read articleHow to enroll in Medicare if you are turning 65
How to enroll in Medicare if you are turning 65, Most people become eligible for Medicare when they turn 65. Your Medicare enrollment steps will differ depending on whether or not you are collecting retirement benefits when you enter your Initial Enrollment Period (IEP). If you are receiving Social Security retirement benefits or Railroad Retirement benefits, you should be automatically enrolled…
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How to compare Medicare plans using the Medicare Star Rating
Star Ratings How to compare plans using the Medicare Star Rating. Part D drug plans and Medicare Advantage Plans vary greatly in terms of costs and coverage. Each January, plans can change their coverage and costs for the new calendar year. This means that each fall, you should review your plan’s coverage and compare it with other plans in…
Read articleApplying for Medicare Only
Applying for Medicare Only. If you are within three months of age 65 or older and not ready to start your monthly Social Security benefits yet. You can use the online retirement application to sign up just for Medicare and wait to apply for your retirement or spouses benefits later.
Read articleMedicare Enrollment: How and When to Enroll in Medicare
You have several options when the time comes for you to enroll in Medicare. For some people, Medicare enrollment is automatic, while for others, it may depend on when and how they become eligible. How to enroll in Medicare You can enroll in Medicare Part A and/or Medicare Part B in the following ways:You can…
Read articleWhen to Apply for Medicare
When to apply for Medicare, Knowing when to apply for Medicare can be a confusing topic for many beneficiaries. Here are some frequently asked questions and answers about when and if to apply for the different types of Medicare. Who needs to apply for Medicare? You may not need to sign up for Original Medicare,…
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