Making Confident Choices About Medicare
Commentary
Ages 54-64 are the most crucial for employment if you want to be eligible for Medicare benefits.
According to the Health Insurance Counseling and Advocacy Program (HICAP): “Most people do not pay a premium for Medicare Part A because they or their spouse earned enough credits by working 40 or more quarters (about 10 years of full-time work). People who are eligible for Medicare but worked fewer than 40 quarters have to pay a premium for Medicare Part A if they want Part A benefits.”
Medicare Plans:
Medicare Part A - hospital
Medicare Part B - doctor and outpatient care
Medicare Advantage (Part C) - hospital, doctor, outpatient care
Medicare Part D - prescription drugs
Medicare Supplemental Insurance Plans - covers some costs not covered by Part A & B
Resource Review
Safeway Medicare Plus - Fall 2011
I find Safeway Medicare Plus to be a must read for those approaching 65 years old and older.
The issue contains a SPECIAL INSERT, Medicare Made Clear by United Healthcare:
· An overview defining Medicare and your options.
· Ten important things to know.
· How it works: defines Part A, B, C, and D; how it works and cost sharing.
· Questions to ask yourself to help you determine what is important to you--which option is best for you.
· Extra help available to pay for those with low income and fewer assets.
· A Resource Guide for where to get more answers is available for download at MedicareMadeClear.com.
Ages 54-64 are the most crucial for employment if you want to be eligible for Medicare benefits.
According to the Health Insurance Counseling and Advocacy Program (HICAP): “Most people do not pay a premium for Medicare Part A because they or their spouse earned enough credits by working 40 or more quarters (about 10 years of full-time work). People who are eligible for Medicare but worked fewer than 40 quarters have to pay a premium for Medicare Part A if they want Part A benefits.”
Medicare Plans:
Medicare Part A - hospital
Medicare Part B - doctor and outpatient care
Medicare Advantage (Part C) - hospital, doctor, outpatient care
Medicare Part D - prescription drugs
Medicare Supplemental Insurance Plans - covers some costs not covered by Part A & B
Resource Review
Safeway Medicare Plus - Fall 2011
I find Safeway Medicare Plus to be a must read for those approaching 65 years old and older.
The issue contains a SPECIAL INSERT, Medicare Made Clear by United Healthcare:
· An overview defining Medicare and your options.
· Ten important things to know.
· How it works: defines Part A, B, C, and D; how it works and cost sharing.
· Questions to ask yourself to help you determine what is important to you--which option is best for you.
· Extra help available to pay for those with low income and fewer assets.
· A Resource Guide for where to get more answers is available for download at MedicareMadeClear.com.
©CARING BOOMERS NEWSLETTER - FEBRUARY 2012
