Medical Savings Account (MSA)MSA plans combine a high-deductible insurance plan with a medical savings account. Medicare allocates a yearly sum to your plan for covering your healthcare expenses, which can be utilized to pay for your healthcare services. Once the deductible is met, the plan ...
The Centers for Medicare & Medicaid Services (CMS) created a Star Rating system to help beneficiaries and their families compare plan performance and quality for Medicare Advantage plans, Medicare Prescription Drug Plans, and Medicare Cost plans.
For most of us nearing retirement and getting our Medicare benefits for the first time, the question is most oftenhow do I pay for long-term care when I need it?The purpose of thisMedicareWire.comguide is to help you get the answer to this important question so you can plan ahead. ME...
When is open enrollment for a Dual Eligible Special Needs Plan? If you have both Medicaid and Medicare benefits, you could be eligible for a Dual Special Needs Plan, or D-SNP. Those who qualify for this type of Medicare Advantage plan can switch to a new plan at any point during the y...
Unlike original Medicare, there are numerous insurance companies in each state that offer a variety of Advantage plan options. The many alternatives can become confusing, so a bit of research is necessary—perhaps with the help of a Medicare consultant—to sort through the various choices. ...