Without proper Medicare advice, many people make costly blunders when enrolling in the federal health insurance program. If you’re approaching retirement or age 65, you should watch out for critical Medicare mistakes that people make. Read on to learn more! First Blunder: Missing Your Initial Enrollment Period Failure to sign up during your 7-month initial Read More
In the U.S., seniors typically pay more for healthcare compared to other groups. For instance, according to estimates from Fidelity Investments, the average 65-year-aged couple retiring in 2021 will spend about $300,000 in medical costs. Fortunately, Medicare enrollees can access certain no-cost health services, allowing them to keep their healthcare costs relatively low. It’s important Read More
At the end of every year, individuals enrolled in Medicare can update their options through what’s known as Open Enrollment or Annual Election Period (AEP). Members can make changes to their plans from October through the end of the year. Here’s what Medicare health plan members should think about as they renew their coverage options. Read More
Many seniors may wonder how to know if they should trust their Medicare advisor. Adding specific terms in your keyword search for Medicare advisors helps. Here are tips on how to search for and evaluate knowledgeable and trustworthy Medicare advisors. Use Search Tools The internet is usually the best place for any type of research. Read More