We all have medical needs at some time in our lives. Certain groups, like senior citizens, are at greater risk for medical problems and complications related to accident, injury, and illness. It is for this reason that senior citizens are eligible for specialized health programs like Medicare and Medicaid. Of course, even among the elderly, […]
Health Insurance for Early Retirees
If you’re among the many Americans contemplating an early retirement, you will need to give your health insurance some consideration if you intend to comply with the new mandat concerning coverage under the Affordable Care Act. Most men and women age 65 or older will qualify for Medicare coverage. Those that have Part A or […]
How Does Obamacare Affect Medicare Advantage Plans?
The Affordable Care Act, aka Obamacare, brings with it a whole range of changes that affect the way healthcare is obtained, purchased, and provided for millions of Americans in the United States. Among the many components of the new law is how it impacts Medicare and Medicare Advantage Plans. The Affordable Care Act doesn’t implement […]
What Is the Donut Hole?
The Donut Hole is another term for the Medicare Part D coverage gap. This gap has caused a lot of confusion for people across the nation. Before the Affordable Care Act (ACA, or Obamacare) went into effect, senior citizens who fell into this gap were forced to spend more money (sometimes full price) on their […]
How Does Obamacare Affect Medicare?
This is intended as a quick and simple explanation as well as a basic reference for how the Affordable Care Act has changed health insurance, particularly that for those eligible and enrolled in Medicare. If you need a quick review of how Medicare works overall, it is recommended that you read Medicare Overview before moving […]
What Is the Difference between Medicare and Medicare Advantage?
There’s no denying that Medicare can be a bit confusing to navigate, and the addition of Medicare Advantage presented an entirely new set of options and, in some cases, challenges for those that qualify for Medicare coverage and are seeking the most suitable options. The original Medicare program was developed in 1966 as a means […]
How Does Obamacare Affect Medicaid?
Medicaid, a government insurance program designed to provide healthcare coverage for low-income Americans, including the elderly, the disabled, and children, existed before the implementation of Obamacare (the Affordable Care Act, or ACA) and it continues to help many low-income families and individuals receive necessary healthcare. However, who is eligible for coverage and what benefits are […]
Does Obamacare Cut Medicare?
Medicare has been around for a lot longer than Obamacare, but because of rules inherent to the Patient Protection and Affordable Care Act (ACA), the scope and function of the Medicare program has changed somewhat. Initially conceived as a federal health insurance program intended to provide medical aid to people over the age of 65, […]
How Does Medicare Work?
The Advantage of Medicare Advantage If you’re entitled to Medicare chances are that you’re regularly bombarded with advertisements aimed at selling you Medicare insurance. But isn’t Medicare itself insurance? Why do you need more? Why are there so many choices? What are they covering that Medicare isn’t? What’s the difference between them? Can I afford […]
