Shop Saves

Main Menu

  • Home
  • Auto
  • Finance
  • Senior
  • Health
  • Tech & Gadgets

logo

Shop Saves

  • Home
  • Auto
    • Important Things You Must Know About Auto Insurance

      June 15, 2020
      0
    • The Best-Used Trucks to Buy

      June 15, 2020
      0
    • Your Guide to Changing a Flat Tire

      June 15, 2020
      0
    • Important Things to Do Before Applying for A Car Loan

      June 12, 2020
      0
    • Truck Driving Tips

      June 12, 2020
      0
    • Sedans vs Hatchbacks

      June 12, 2020
      0
    • SUVs vs Crossovers: Take Your Pick

      June 12, 2020
      0
    • Tips to Find Cheap Rental Car Prices & Avoid Fees

      June 12, 2020
      0
  • Finance
    • How to Choose the Right Home Loan

      June 12, 2020
      0
    • 5 Ways You Can Bank Smarter

      June 12, 2020
      0
    • Tips to Get the Best Personal Loan

      June 12, 2020
      0
    • Want to Learn how To Invest in Stocks? Here Are the Best ...

      June 12, 2020
      0
    • How To: Get an Excellent Credit Score

      June 12, 2020
      0
    • Credit Card Tips You Ought to Know!

      June 12, 2020
      0
    • Refinancing Your Mortgage – Why You Should Do It and How to ...

      June 12, 2020
      0
    • What First-Time Life Insurance Shoppers Need to Know

      June 12, 2020
      0
    • Top 5 Ways to Save on Homeowners Insurance

      June 12, 2020
      0
  • Senior
  • Health
    • Three Things You Should Know About Enrolling in Medicare

      June 16, 2020
      0
    • Breaking Down Medicare, Medicaid, and Medigap

      June 15, 2020
      0
    • Four Skincare Tips to Get the Most out Of Your Products

      June 15, 2020
      0
    • Five Tips for Re-Shopping Your Health Insurance Policy

      June 15, 2020
      0
    • Five Ways to Take Your Dental Care Routine to The Next Level

      June 15, 2020
      0
    • Five Ways to Tackle Diabetes Distress

      June 15, 2020
      0
  • Tech & Gadgets
    • 4 Ways to Save Money on Your Cell Phone

      June 15, 2020
      0
    • Everything You Need to Know About High-Speed Internet Plans

      June 15, 2020
      0
    • Three Ways 5G Will Change the World

      June 15, 2020
      0
    • Top Smartphones This Year

      June 15, 2020
      0
    • Tips to Help You Find the Right Software for Your Business

      June 12, 2020
      0
    • Here's How You Choose the Right VPN

      June 12, 2020
      0
    • Top Software For Ecommerce

      June 12, 2020
      0
Health
Home›Health›Three Things You Should Know About Enrolling in Medicare

Three Things You Should Know About Enrolling in Medicare

By pps-DUEditor
June 16, 2020
788
0

The government’s health-run insurance program for people over 65 is called medicare. If you’re about to turn 65 and are thinking about signing up, here are three things you need to know.

Medicare Comprises Four Distinct Parts: Parts A, B, C, and D. Part A covers hospital expenses, Part B covers reduced costs for doctors’ visits, lab screenings, and preventative tests. Part C, also called Medicare Advantage Plans cover both Parts A, B and D. Part D covers the cost of prescription drugs and can be bought as an add-on to Parts A and B. Parts A and B are called Original Medicare and they cover only about 50 percent of your health care needs. 

You will need to supplement Original Medicare with a Medigap plan which can help you cover costs like copays, coinsurance, and deductibles. Alternatively, you could buy a Medicare Advantage Plan (Part C) that addresses some of the common failings of Original Medicare.

You can enroll in Medicare in the initial enrolment period, the seven months around your 65th birthday. The three months before you turn 65, the month you have your 65th birthday and the three months after all count as your initial enrolment period.

It’s best to enroll in the three months before your birthday to allow the policy you have purchased to come into effect. Though you are automatically enrolled in Medicare Parts A and B when you turn 65, the rest of your health care depends on what plan you purchase.

Medicare is affordable for most seniors, but costs depend on the plan you purchase. Part A is free for those who have worked with an employer for more than 40 quarters. Part B has a monthly premium. If you see yourself working after you turn 65, it is possible to delay Part B and postpone paying the premium for it. Part C or a Medicare Advantage Plan is offered by private insurers but has plans regulated by the government.

Plans come with a range of premiums for more than adequate coverage (most covers reduced cost Dental and Vision Care) but there is a minimum out-of-pocket expense of 10,000$. You need to be enrolled in Part A and B to qualify for a Medicare Advantage Plan.

TagsHealth
Previous Article

Five Easy Pre-Retirement Tips to Save Money

Next Article

Handy Tips for The First Time Senior ...

Related articles More from author

  • Health

    Five Ways to Take Your Dental Care Routine to The Next Level

    June 15, 2020
    By pps-DUEditor
  • Health

    Breaking Down Medicare, Medicaid, and Medigap

    June 15, 2020
    By pps-DUEditor
  • Health

    Four Skincare Tips to Get the Most out Of Your Products

    June 15, 2020
    By pps-DUEditor
  • Health

    Five Ways to Tackle Diabetes Distress

    June 15, 2020
    By pps-DUEditor
  • Health

    Five Tips for Re-Shopping Your Health Insurance Policy

    June 15, 2020
    By pps-DUEditor

Featured

Health

Five Tips for Re-Shopping Your Health Insurance Policy

When it comes to health insurance, the only thing constant about the open marketplace is that it is always changing. This is why experts agree that re-shopping for health care ...
  • Three Ways 5G Will Change the World

    By pps-DUEditor
    June 15, 2020
  • Important Things You Must Know About Auto Insurance

    By pps-DUEditor
    June 15, 2020
  • How to Choose the Right Home Loan

    By pps-DUEditor
    June 12, 2020
  • Tips to Help You Find the Right Software for Your Business

    By pps-DUEditor
    June 12, 2020
  • About Us
  • Terms Of Use
  • Privacy Policy
  • Do Not Sell My Personal Information
© ShopSaves.com