Learning Center

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Different Types of Long-Term Care

There are different types of long–term care. Long–term care refers to a broad range of medical and personal services designed to assist individuals who have lost their ability to function independently. The need for this ongoing care arises when you have a chronic disability or when physical/mental impairments prevent you from performing certain basic activities, such as…

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What is the Medicare Donut Hole?

Did you know some Medicare prescription drug plans (PDPs) or Medicare Advantage plans with prescription drug coverage (MA-PDs) have annual coverage limits? If you reach the annual coverage limit, you enter a temporary coverage gap, called “the donut hole.” During this period, you begin to pay a higher percentage for…

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Services Covered by Medicare Part A & Part B

Medicare covers many tests, items and services like lab tests, surgeries, and doctor visits – as well as supplies, like wheelchairs and walkers. In general, Part A covers things like hospital care, skilled nursing facility care, hospice, and home health services. Medicare Part B covers medically necessary services and preventative…

What Happens If I Start Collecting Social Security After Retirement?

A Bigger Check After Full Retirement Age What happens if you start collecting social security after full retirement age? You’ll likely get a bigger check every month. However, how much bigger depends on the year you reach full retirement age, and how long you postpone collecting benefits. If you were…

Your Guide to Understanding Medicare Parts A-D

Medicare is a federal health insurance program for people age 65 or older, people with certain disabilities, or people with End-Stage Renal Disease (ESRD). Some people get Medicare Part A (Hospital Insurance) and Part B (Medical Insurance) automatically, while others have to sign up for it and manually enroll during…

Medicare Part A – Hospital Insurance

Medicare Part A, often referred to as hospital insurance, is Medicare coverage for hospital care, skilled nursing facility care, hospice care, and home health services. It is usually available premium-free if you or your spouse paid Medicare taxes for a certain amount of time while you worked, if you receive…

Medicare Part B Medical Insurance Costs and Services

Medicare Part B is the medical insurance portion of Medicare, which covers physician services, outpatient hospital care, and many other services typically covered under health insurance plans. Part B is financed through monthly premiums paid by enrollees and by contributions from the federal government. What is the Cost to Enrollees?…

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What Is Medicare Advantage? 

Medicare is a federal program that provides health insurance coverage for individuals over the age of 65, individuals under 65 with certain disabilities, and those diagnosed with ESRD. It’s divided into four parts; Part A, Part B, Part C, and Part D. Medicare Advantage Plans (Part C) are one of several options…