The Medicare Plans Direct Blog
The 3 Best Medicare Supplement Plans in 2021
If you’re a senior on Medicare or nearing your Medicare enrollment age, it’s important to know what your options are when it comes to healthcare coverage. One option is a Medigap plan from a private insurance company that can fill in some of the gaps left over by Original Medicare. In this blog post, we’ll be highlighting the best Medicare Supplement plans in 2021. How To Choose the Best Medicare Supplement Plan Choosing the right Medicare Supplement plan first requires that you understand your individual coverage needs. How much coverage you need from your Medigap plan depends on your health history and what benefits you want to get out of your plan. It is also important to keep in mind how much you feel comfortable
Benefits of Medicare Advantage Plans
If you’re nearing your Medicare enrollment age, perhaps you have heard of Medicare Advantage plans. Medicare Advantage plans are sold by private insurance companies and offer an alternative way to get your Original Medicare coverage. These policies can be a great way for certain people to receive their Medicare coverage while, in some cases, actually saving money and enjoying additional benefits. Medicare Advantage is also known as Medicare Part C. These plans must offer benefits that are at least equal to the coverage offered by Original Medicare (with the exception of hospice care). This means coverage for inpatient care (Part A) and outpatient care (Part B). Aside from inpatient hospital care, Medicare Part A hospital insurance helps to pay for things like Skilled Nursing Facility (SNF)
Medicare and Employer Health Insurance in 2021
Medicare and employer health insurance are two different types of coverage that many people have at the same time. Medicare is a federal program for senior citizens, while employer health insurance is an employee benefit from a company. Medicare provides basic coverage, but does not cover things like dental care or prescription drugs. Employer health insurance, on the other hand, will sometimes provide these additional benefits to its beneficiaries on top of basic medical coverage. In this blog post, we’ll explore how Medicare and employer coverage work together so you can better understand your coverage options going forward. How Medicare Coverage Works With Other Types of Insurance Let’s start by talking about how Medicare works when you have some other type of health coverage. In
How Does My Other Insurance Work With Medicare?
You probably know how important it is to have good healthcare coverage, but how do you make sure that you have the right coverage for you? As a senior citizen on Medicare, you might be asking yourself, how does Medicare work with other insurance? What are my options for maximizing coverage benefits? Read this guide to find out how Medicare coordinates benefits with other insurance plans to make sure that you are getting the most out of your healthcare plans. How Medicare Coordinates With Other Coverage Let’s start by reviewing how Medicare coordinates with other coverage. If you have Medicare and some other type of health coverage, both act as a “payer”. One will be the primary payer, and the other will be the secondary
Medicare Late Enrollment Penalty Fees in 2021
There are four words that no Medicare beneficiary ever wants to hear: Medicare late enrollment penalty. Unfortunately, many enrollees are misinformed about the consequences of not signing up for Medicare when they are first eligible. This often results in them having to pay the dreaded Medicare penalty for late enrollment. Why is there a late enrollment penalty for Medicare? Just like with any health insurer, Medicare relies on the premiums of healthy beneficiaries to help cover expenses generated by sick or injured enrollees. Without the contribution of every potential Medicare beneficiary’s monthly premiums, programs like Medicare are unsustainable. That’s why there are late enrollment penalty fees in place. These penalties encourage people to sign up for Medicare coverage when they are first eligible. Even though
Does Medicare Cover International Travel?
If you’re someone aged 65 or over who plans on doing international travel, it is important to keep your health coverage in mind. So you might be asking yourself, does Medicare cover international travel? Most Medicare plans don’t cover medical expenses outside of the United States, with the exception of some Medigap policies and Medicare Advantage plans. We’ve created this article to outline the best Medicare foreign travel plan options. Medicare International Coverage If you are enrolled in Original Medicare (Part A and Part B), you are only covered in the 50 states, Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa and the Northern Mariana Islands. If you plan on traveling abroad, you will need to be sure that you have a plan that
