Assisted living is expensive, and because many seniors are enrolled in Medicare, a common question is whether Medicare covers assisted living.
Assisted living is expensive, and because many seniors are enrolled in Medicare, a common question is whether Medicare covers assisted living.
Medicare’s open enrollment period, also known as the annual election period (AEP), occurs annually in the fall.
Navigating Medicare can feel like trying to decipher a complex code, where a simple misunderstanding could cost you thousands of dollars or leave critical coverage gaps. Many families rely on well-meaning but often inaccurate “common knowledge” passed down from friends or gleaned from confusing advertisements. These myths can create a false sense of security at precisely the moment you need clarity and…
Understand Medicare vs. Medicaid to get maximum benefits Medicare and Medicaid can be confusing, partly because the names sound so similar. But they’re two very different government healthcare programs. Medicare focuses on adults age 65 and older and Medicaid focuses on low-income individuals and families. The benefits, costs, and eligibility requirements are different for each program. Neither program has automatic enrollment so…
The rising cost of prescription medications can be a significant burden for seniors living on fixed incomes, but thankfully, help is available.
Long term care for someone with Alzheimer’s or dementia is expensive. To be able to provide the best care possible, it’s important to plan ahead for future care costs. HealthMarkets explains what Medicare does and doesn’t cover for Alzheimer’s and dementia care. As of 2019, an estimated 5.8 million Americans are living with Alzheimer’s disease or another form of dementia. And the…
Choosing the right Medicare plan can be confusing. Best Company explains how Medicare plans work and the differences between Original Medicare and Medicare Advantage. Medicare can be challenging to navigate, especially if you’re unfamiliar with how it works. One of the initial decisions to make is choosing between Original Medicare and a Medicare Advantage plan. Many search for Medicare supplement plans…
Because heart disease is the leading cause of death in the U.S., preventive cardiovascular care is essential for older adults. Medigap.com explains what Medicare does and doesn’t cover for heart disease and cardiovascular health. 1 in every 4 deaths in the United States are related to heart disease – the top cause of death in America for both men and women.…
It’s almost time to re-enroll or change Medicare plans for next year. To help you make informed decisions about your older adult’s healthcare coverage, MedicareFAQ reminds us about important deadlines for 2021 coverage, explains 4 essential coverage areas to review, and shares 5 Medicare changes expected in 2021. Medicare is constantly making changes to its policies, plans, and benefits. With Medicare’s…
The time to re-enroll or change Medicare plans is right around the corner. To help you plan ahead and make informed decisions to maximize your older adult’s health benefits, MedicareFAQ shares information about the 3 biggest changes coming to Medicare Advantage plans in 2021. Now that we’re getting closer to Medicare enrollment periods, information on the upcoming 2021 changes has recently…