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…
A Medicare program that covers in home care You probably already know that Medicare doesn’t cover in home care services. However, there is one exception to that rule. Medicare PACE is a government program that helps older adults get the medical and social services they need to continue living in their homes as they age. We explain what PACE is, which services…
Hospital status determines out-of-pocket medical costs When they’re in the hospital, it’s essential to know your older adult’s hospital status. That’s because hospital status affects their out-of-pocket medical costs and eligibility for Medicare coverage of post-hospital nursing home stays. By law, hospitals are required to notify patients that they might have to pay huge out-of-pocket costs if they stay more than 24…
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.…