Hospitalization Archives - boomerblasts.net

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Medicare: Part A – 2017

Medicare Part A Medicare is divided into four parts: Part A, B, C, and D. Each part covers different services. Part A is your hospitalization. It will cover you for your hospital stay and services received while admitted to the hospital. Details for Part A Part A covers hospital care if you are formally admitted […]

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Medicare: Part D 2017

Medicare Part D 2017 Medicare Part D is Prescription Drug Coverage. The plans are not offered by Medicare, but by private insurance companies that must meet specific standards. To Qualify To qualify, you must participate in Part A and Part B. Offered by Outside Insurance Companies Medicare itself does not offer Part D policies. The […]

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The Five Year Rule-Avoid this Retirement Mistake

The Five-Year Rule imposes stiff penalties on those gifting their assets within five years of applying for Medicaid for nursing home expenses. It’s important to know how the rule works and who is penalized. First let’s differentiate between Medicare and Medicaid. Medicare is a national healthcare program for workers 65 or over who have paid […]

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Medicare Plan F – What is it?

Medicare Plan F What is it?  Do I need it?  How much does it cost? Medicare Supplemental Insurance is known as Medigap. Medigap has 10 different types of policies. Each plan has a letter between A and N. F is one of those plans. Medigap Plans are standardized and each lettered plan will have identical […]

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All Inclusive Coverage – Medicare Part C (Part 3 of 4)

Part C, the Medicare Advantage Plan, is also optional and operates like an HMO (Health Maintenance Organization) or a PPO (Preferred Provider Organization). Part C is often referred to as the All-in-One plan. It includes both Part A (hospital insurance) and Part B (medical insurance), so you do not have to register for those separately. […]

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Conquer Medicare (Part 1 of 4)

Medicare is a national health insurance program that covers workers and ensures they receive medical care from age 65 on. Eligibility: To be eligible, workers must have paid Medicare taxes for at least ten years and been a legal resident of the United States for five or more consecutive years. Coverage: If you qualify, Medicare is provided regardless of […]

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