Outpatient Services and Medicare Advantage

In the case of outpatient services, you are responsible for 20% of the charges for covered services, no matter what.┬áMedicare Advantage health plans usually offer a dollar amount that indicates your maximum annual liability. When you reach this amount through deductibles, co-payments and co-insurance, your liability is discontinued and the plan pays the covered expenses […]

What is the Medicare Part D donut hole and how to avoid it?

Donut Hole is the term used to describe the costs of prescription drugs out of coverage in Medicare Part D. Part D is the government’s insurance initiative. That covers the costs of prescription drugs by your insured. However, when the cost of claimed prescription drugs is beyond the plan’s credit limit or outside the prescription […]

Coinsurance and Copays for Medicare Advantage Plans

Original Medicare has Part B awards and any supplemental policy purchased. However, there are fewer copays and coinsurance. Medicare Advantage plans tend to have much lower monthly premiums, but often higher copayments and coinsurance; but at most there are “total out-of-pocket” expenses to protect against major hospitalization expenses and other causes. To choose Original Medicare […]

An introduction to Medicare in the United States

An introduction to Medicare in the United States In the United States, medical care can be incredibly expensive and, in most instances, simply more exorbitant with age and for persons who have previously existing health conditions. Right from the 1960s and 1990s, the federal government has helped older people through the Medicare Program, which is […]

Is quality medical insurance care a right or a privilege?

Is quality medical insurance care a right or a privilege? Though the cost and money spent on health care (which includes health care, prescription drugs, hospitalization etc.), in the US are among the exorbitant anywhere. According to statistics, our morbidity/mortality! Rates, overall health, life expectancy are not the best! In a lot of countries, the […]

Enrolling for a Supplemental Medicare Plan

Enrolling for a Supplemental Medicare Plan Medicare supplement insurance, also known as Medigap, is private health insurance designed to complement the original Medicare plan you already own. The goal is to help Medicare plan holders pay for the unpaid cost of medical care. An integration plan alone cannot be independent because it does not achieve […]