Medicare Part A is known as hospital insurance because it covers care received while in the hospital, skilled nursing facility or nursing home. Who Qualifies for Medicare Part A? You qualify for Medicare Part A if you are age 65 or older, you are already receiving benefits from Social Security, or you are under age […]
How Much Does Medicare Cost?
Medicare has a variety of premiums, deductibles and co-pays. You’re probably familiar with these terms as most traditional health insurance plans have them also. However Medicare has premiums, deductibles and co-pays for each part, making it difficult to figure out how much you will pay for medical care. For example, if you fall and break […]
Medicare and the Fiscal Cliff – How the Doc Fix Affects You
Part of the fiscal cliff deal was to delay the Medicare reimbursement cuts that doctors were facing. Before the so called “doc fix” physicians who work with Medicare patients were facing a 27% pay cut in 2013. Congress delayed the pay cut for this year, but the issue will come up again next year, and […]
Fiscal Cliff Averted, For Now Anyway…
In true Congress style, a deal was passed at the last minute to keep the US from going over the fiscal cliff. On Tuesday night the House passed a bill that will extend the Bush tax cuts for most of Americans, extend unemployment benefits, and delay spending cuts. Unfortunately, the bill left a lot of […]
The ABCs of Medicare: Medicare Basics
This is the first article in a series of articles discussing the basics of Medicare. Today’s article is an introduction to Medicare, including who qualifies, what expenses are covered and how to enroll. Look for more “The ABCs of Medicare” articles soon. Medicare is health insurance offered by the Federal government. The following people may […]