Hi. I am 52 years old male. I live in NYC. I can`t afford to pay for medical care and I have some Qs about Medicaid. How do I qualify for Medicaid? Do I have to cancel other health insurance? I am in a nursing home and wonder can I still keep the part of my income? What...
Here is what you need to know about enrolling in Medicare Part B when you already have Part A: Step 1: Determine Your Eligibility Before proceeding, confirm that you meet the eligibility criteria for Medicare Part B. You typically qualify if you’re 65 or older, a U....
Many Florida residents are quite familiar with large group medical insurance through their employer if they have ever worked for a large corporation (in Florida a large group is considered a company or group that has more than 50 employees). However, when it comes to understanding individual medi...
Medicare Advantage(MA) plans must be renewed annually. During the Medicare Annual Enrollment Period (AEP), which runs from October 15th to December 7th, people have the opportunity to review their current MA plan andconsider different Medicare Advantage plansthat may better meet their needs for the...
Limited income can qualify you for help with Medicare costs like premiums, deductibles, copays and coinsurance. Learn how.
Medicaid eligibility differs on a state-by-state basis, depending on the level of care that is medically necessary and needed. In order to qualify for Medicaid, individuals must be able to prove that they require a level of care that meets certain criteria or requires a level of personal car...
Remember that you don’t qualify for Medicare health benefits until you are 65. So, be sure to budget for health insurance, which can be surprisingly expensive. A typical inflation rate, such as 2% or 3%, must be factored into all your average costs. While you can’t know precisely ...
4. Pay Social Security taxes to qualify for benefits Self-employed individuals have to pay Social Security and Medicare taxes through their individual income tax returns. By filing a return and paying the associated taxes, you report your income so that you may qualify for Social Security retireme...
If you’re impacted by a natural disaster, check our IRS Disaster Relief page to see if you qualify for an automatic tax filing or payment extension. Estimated tax payments Working for yourself has many benefits. You never have to report to a boss and can set your own hours. It also ...
When I lost my job due to chronic illness I lost my employer-provided insurance. When I needed it most. My husband (what a gem!) works a second job so I can have insurance. Eventually I will qualify for Medicare. But many, many people are not as lucky as I am. Jay August 5, 20...