Picking a Medicare plan is my favorite thing to do,” says pretty much no one. So the decision to switch plans is a big one. It means you’ll shop and compare, and pick again.
Medicare Advantage plans have gained popularity since first being introduced by the Balanced Budget Act of 1997. Here are 9 reasons why.
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.
Over the next few months, you’re probably going to receive a lot of information about Medicare. It’s all meant to help you understand your coverage choices and make informed decisions during the Medicare Annual Enrollment Period (Oct. 15 – Dec. 7).
On the surface, a skilled nursing facility and a nursing home may look very similar. Some care facilities actually operate as both, with a separate floor or section of a building devoted to each.
Original Medicare (Parts A & B) will not help pay for prescription sunglasses, or eyeglasses in general. However, eyeglasses or other corrective lenses may be covered in cases where they are deemed “medically necessary,” such as after cataract surgery.
Medicare does not cover regular preventive melanoma screenings. However, Medicare will cover a doctor visit to check a mole or other spot on your skin. Medicare will also cover a dermatologist visit for further assessment, if your doctor refers you.
Medicare Annual Enrollment Period Explained
The Medicare Annual Enrollment Period – AEP for short – is a set time each year for changing
your Medicare coverage choices if you choose to. AEP runs from October 15 to December 7.
New coverage choices go into effect on January 1.