Medicare Part B. What’s Changed for 2016? How Much Does it Cost? Part B premiums will undergo significant changes in 2016. The deductible will go up to $167 per year for all participants. The premium amounts will vary depending on your circumstances. If your Medicare premium is currently being deducted from your Social Security check, […]
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GET THE MOST OUT OF YOUR COVERAGE! Medicare Part A covers hospital care if you are formally admitted and you need care for more than two nights. Your treatment must be medically necessary and must require in-patient care. In 2015 there is a deductible of $1,260 per benefit period for Part A. There is no […]
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Medigap can make or break your finances in retirement. Medigap is a supplemental insurance in addition to Medicare Part A and Part B. It is optional. Medigap covers co-pays, deductibles, and other costs that Medicare does not. It bridges the “gap” in Medicare coverage. Medicare covers on average 48 percent of your medical costs. Medigap can pay some […]
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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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