A nationwide scam targeting Medicare beneficiaries is convincing many seniors to hand over their Medicare and Social Security numbers by offering free products and services.
0 CommentsWhen applying for Medicare while working, you have decisions to make about employer coverage versus Medicare. Here are 5 tips to help you avoid costly mistakes.
0 CommentsOne of the more important decisions faced by seniors during Medicare Open Enrollment is whether or not to switch their Medicare Part D plan. There are resources that caregivers and seniors can use to help decide which plan best fits their prescription drug needs.
1 CommentIdentity theft can do more than drain a senior's bank account—it may also impede their ability to access important medical care, says a new government report. Well over a quarter of a million Medicare beneficiaries have had their identities stolen over the past two years.
0 CommentsThe average senior pays nearly $39,000 in out-of-pocket medical costs during their final five years of life, even when most of their expenses are covered by Medicare, according to a recent analysis. Out-of-pocket costs soar for many on medicare.
0 CommentsThe "4 percent rule," has taught retirees that if they spend no more than 4 percent of their nest egg each year, their savings will last 30 years. But, the rule may need some adjustment, in light of today's economic reality.
0 CommentsSeniors and caregivers are missing out on the financial aid they can get while caring for an elder. A lack of knowledge about Medicare and other government benefits is causing seniors to miss out on a number of useful programs and financial aid.
2 CommentsLack of knowledge about Medicare's offerings can lead to serious problems for seniors. Seniors who don't know the parameters of their plan are probably not taking full advantage of the benefits Medicare offers.
0 CommentsEach year, the Centers for Medicare and Medicaid Services (CMS) offers an open enrollment period for Medicare Advantage Plans from January 1 through March 31. During this period, seniors can switch Advantage Plans or return to Original Medicare.
0 CommentsPeople with Alzheimer's disease and their caregivers should check their Medicare prescription drug coverage annually for changes specific to their prescribed medications and dosage.
0 CommentsHeath care companies have been accused of questionable practices because they are configuring their home health care schedules to make the most of Medicare payouts.
0 CommentsWhen you're buying a Medicare Advantage Plan, the best way to avoid being taken advantage of is to always be cautious and arm yourself with as much information as possible before buying a plan.
4 CommentsMany seniors who are covered by Medicare are paying more than they need to for prescription drugs, according to a new study.
1 CommentMedicare does not cover the cost of adult day care, but seniors can receive financial assistance and respite care services through Medicaid, the VA and other community support programs.
26 CommentsCan caregivers get pay from Medicare? Need help navigating the Medicare maze? A new website by Medicare.gov helps caregivers find the information they need to help them care for their elderly loved one.
3 CommentsHere is how you can report Medicare Fraud and Abuse and stop it from happening in the future. Fraud costs the Medicare Program millions of dollars every year, which results in higher health care costs for everyone.
4 CommentsLow-income seniors with limited assets may be able to receive more comprehensive health care coverage through both Medicare and Medicaid.
17 CommentsMedicare and Medicaid’s PACE program is an optional benefit that provides home- and community-based care for older adults who are at risk of nursing home placement.
4 Comments"Am I eligible for Medicare?" "Can my mom or dad get Medicare?" These are common questions among caregivers, and unfortunately there is no easy answer. You must meet certain criteria to qualify.
7 CommentsYou might be able to choose your current physician as your "gatekeeper," maintaining the good doctor/patient relationship you seem to have. Still, getting the doctor you want should be only one criterion in deciding whether to join a Medicare HMO.
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