If you’re like most people, you don’t pay a monthly premium for your Medicare Part A. However, if you have Medicare Part B and you are receiving Social Security or Railroad Retirement Board benefits, your Medicare Part B premium is usually deducted from your monthly benefit payment.
Prescription drugs can take a big bite out of your budget. Your Medicare prescription drug plan may offer cost-saving benefits that you may not be aware of. Also, some pharmacies offer discount programs or savings on 60- or 90-day refills.
You may file an appeal if you disagree with a coverage or payment decision made by Medicare or by your Medicare health or prescription drug plan. You may appeal if you receive a denial any of the following:
Your Medicare Wellness Visit, also called a wellness exam, is when you and your doctor put your undivided attention on your health. You’re not there because you’re sick or in pain or needing a prescription. And your doctor is not there to diagnose or treat a health problem.
Get to know Medicare during National Medicare Education Week, September 15–21. The goal of National Medicare Education Week is to help empower Medicare beneficiaries, new to Medicare individuals and caregivers to make confident and informed decisions. This year, you can attend a local event in your community, and Medicare Made Clear will offer three online webinars focusing on key Medicare topics.
Medicare defines “creditable coverage” as coverage that is at least as good as what Medicare provides. Therefore, creditable drug coverage is as good or better than Medicare Part D.
Retirement used to be closely linked to turning 65. No more. The full retirement age for anyone born in 1943 or later is at least 66. It’s 67 if you were born in 1960 or later. Full retirement age is the age at which you can receive 100% of your Social Security retirement benefit.