Learning Center

How Does Medicare “Extra Help” Work?

Low-income Medicare recipients may qualify for additional coverage with their state’s Medicaid program. Extra Help can help reduce out-of-pocket costs for qualifying Medicare recipients in need of Medicare Part D prescription drug coverage. Qualifying for Medicare-Medicaid Dual Eligibility Medicaid is a federally funded program, but each state is in charge…

What Does Medicare NOT Cover?

For many people at retirement age, having Medicare benefits means the difference between getting quality health care and not being able to visit a doctor. Over 64 million people in the United States depend on Medicare for their health care coverage. 22 million of these people have a Medicare Advantage…

How much does Medicare pay for physical therapy?

Almost everyone benefits from physical therapy at some point in their lives whether it is prescribed to recover from an injury, to follow a post-operative treatment, to relieve pain, or to build strength and flexibility. Medicare benefits for physical therapy Medicare Part B is the segment of Medicare benefits that…

How Much Does Medicare Cost the Government?

The ever-increasing personal cost of Medicare benefits in the form of premiums and copayments is a point of contention among Medicare recipients across the country. Additionally, Medicare recipients have seen their share of payroll taxes for Medicare deducted from their paychecks throughout their working years. There is less awareness about…

How Much Does Medicare Cost at Age 65?

The United States national health insurance program known as Medicare has been providing people with health care insurance coverage since 1966. Today, Medicare provides this coverage for over 64 million beneficiaries, most of whom are 65 years and older. The U.S. government has set the age of eligibility for Original…

What is Medicare Open Enrollment?

Understanding Medicare’s enrollment periods for eligible recipients can help you plan for the future. Enrollment periods will allow you to sign up for Medicare coverage when you first qualify, and change plans at certain times during the year if you choose to do so. Are Open and Initial Enrollment Periods…

How Does Medicare Supplement Work?

Out of the 64 million people in the United States who have traditional Medicare benefits, 81 percent of them have one sort of Medicare supplement insurance. These supplemental plans may include those that are provided by an employer, Medigap plans, or supplemental health care coverage through Medicaid. Medicare supplement insurance…

How Does a Medicare Advantage Plan Work?

When first enrolling in Medicare, beneficiaries are introduced to traditional Medicare coverage, coined Original Medicare. Original Medicare insurance is not designed to cover everything recipients will need, and the gaps in coverage can be filled by signing up for Medicare-approved options. Special rules apply for Medicare recipients who continue to…

How Does a Medicare Prescription Drug Plan Work?

Original Medicare benefits do not cover prescription drug costs unless the drugs are part of inpatient hospital care or are certain drugs that your health care provider administers in a medical facility. Today, prescriptions drugs that you take at home are not inexpensive, but there are more prescription drugs are…