Putting Trust in Medicare
Many people are currently enrolled in Medicare, and for those who are not yet on the plan, it can be very intimidating to think about. What does it cover? Will you have enough coverage if you need surgery or a procedure? The truth is that there is no one-size-fits all answer when it comes to this question because everyone’s needs will vary and it’s not always easy to have Trust About Medicare.
For a start, the right level of coverage for you will depend on your medical history and any prescription medications, whether or not you plan to work after 65, as working can increase your benefits and where you choose to live (in a city like New York City where the cost of living is higher it’s more expensive than say rural Montana). You might need additional coverage if this applies. For example, some Medicare Advantage Plans cover preventative care such as screenings and immunizations up front; others require that they be approved by your doctor first. This means that even though many people think “the best” choice is Parts A & B—which covers hospital stays and doctors’ visits respectively—you should review all options available in your state to determine which plan is best for you.
The costs associated with these plans are variable depending on where you live and what local services are covered by each company. For example, some providers offer prescription drug discounts within their membership fee while others charge an additional monthly premium for this service; most companies will also send mailers or flyers in advance reminding subscribers when their deductible is due or they need to submit claims (which help them understand how much money has been spent). This information may be detailed on the back of your card as well, so it is always important to be aware of the terms and conditions before signing up for any plan.
The bottom line? Medicare is a great resource if you are looking for health care coverage or just want to ensure that you have medical insurance in place given your current situation (i.e., starting work at age 65, etc.).