Yes. If you are already collecting your Social Security benefits or Railroad Retirement benefits, your Medicare Part B monthly premiums will be deducted from your monthly Social Security benefits. The same federal administration oversees both programs, so they coordinate your benefits easily. Since the cost is deducted from your benefit, you don’t need to worry …
Are Medicare Premiums Deducted From Your Social Security? Read More »
Unfortunately, no. Long term care is one of the gaps in Medicare coverage. If you plan on living in a long term care facility (nursing home, assisted living, etc.) in old age, you will need to seek other routes to fund your stay. While Medicare does not pay for long term care, there are other …
Healthcare and health insurance usually come with scams and false claims. And, unfortunately, a lot of senior citizens fall victim each year to Medicare scams. There are different types of Medicare scams. Using identity theft to get treatment with the victim’s information is an example of a Medicare scam. This could lead to increased costs, …
Many seniors will want to plan for the possibility of needing long-term care. Medicare does not cover long-term care, which means your Social Security payments will need to be spent toward your long-term care costs. Long-term care can be expensive, so saving up and considering additional help from a long-term care policy will help you …
How Does Medicare, Social Security, and Long Term Care Work Together? Read More »
Medicare, the federal program for healthcare insurance, has multiple parts and you need to know how they work. Below we’ll teach you the parts, coverage, and costs of Medicare and how you can enroll when you’re eligible. The Parts of Medicare Medicare Part A and B make up Original Medicare. Beyond that are Medicare Advantage, …
Turning 65? Here’s What You Should Know About Medicare! Read More »
© 2020 All Rights Reserved. Site design by SecureAgentMarketing.com Terms Of Service | Privacy Policy
We are not connected with or endorsed by the United States government or the federal Medicare program.
