One question many Medicare beneficiaries ask is, “Will Medicare pay for my hearing aid?” The short answer is “No.” Original Medicare does not cover routine hearing exams, hearing aids or hearing aid fittings. Medicare Part B (medical insurance) does cover diagnostic hearing and balance exams if your doctor or other health care provider orders these tests to see if you need medical treatment for a recent injury or illness, such as vertigo or other balance problems.
Ask ten doctors about the PSA test, and you might get ten different viewpoints. The test can help detect prostate cancer in men, but opinions vary as to who should have it and when.
Do you spend your Sunday mornings scouring the newspaper inserts for coupons at the local grocery store? Make it a point to confirm you get all possible discounts when booking hotel reservations? Love getting the senior discount at the movie theater?
According to the National Institute of Mental Health, 15.8% of adults age 50 and older had a mental illness in 2012. Yet historically, Medicare has paid a smaller share of the cost for mental health visits than for other medical services.
A Medicare Medical Savings Account plan (MSA) is a special type of Medicare Advantage plan (Part C). This type of plan may offer the freedom of choice for people who want more control over their health care dollars and decisions. And along with the freedom come some responsibilities.
It’s no secret that health care costs are on the rise, especially the cost of prescription drugs. But what may not be well known is that financial help exists to reduce the impact on your wallet.
A common concern for older adults is if their health care costs will be covered while traveling out of town, particularly in the event of a health emergency. The answer: “It depends.”