Larry’s View

Larry’s view on any and everything.

Medicare premiums

What service will you get with Medicare premiums? The Medicare premiums are the monthly prices of the plans that you sign up for. Premiums change every year making it either go up in prices or go down. Each plan have there own premiums some low and high. The premiums are based on the plan that you are getting.

Medicare premiums are based on how much coverage you are going to get. In the years to come the prices for the premiums will go down extremely making stability of the Medicare, also making the coverage better for the Medicare. Medicare premiums are also based on the type of coverage you pick. So prices very depending what you want. Staying one premium would be good but being that the premium of the monthly price.

Premiums for the year of 2007 are at a low if you pick the right plans. People over the ages of 65 need to make sure they get what they want so picking the right plan makes the premium more expensive depending on prices. The premiums for each plan are different prices. Like the plan A that’s free to people that work over 40 hours also for the hospital visit. So there is no premium for that plan. Plan B premiums cost dropped for the year of 2007 compared to 2006 so there is an example of how premiums work

The other plans have premiums for different coverage. Like plan D this is a plan for the prescription plan. This varies too depending on reasons. There is much reason why premiums go up within years. Mainly if they made their profit or the plan isn’t doing well they increase. If the premium is doing well then the prices drop on the monthly prices. Making it easy for the elderly to pay there medical. That’s one reason they have Medicare. So all elderly have their ways of going to the hospital and being able to pay for their cost of medical

A premium going up hurts the people that are over the ages of 65 mainly because if there only income is Social Security. Defiantly for now days there not paying much for SS anymore. So that makes it somewhat difficult for them in less they qualify for plan A. which is a lot more better because they don’t have to pay a penny to the Medicare. That means they don’t have to worry about Medicare premiums going up. People that are over the ages of 65 have a lot of problems with health now a days so this Medicare system was perfect to be out in this day of age.

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January 3, 2008 Posted by | Blogroll, Medicare | Leave a comment

Medicare website

Have you been searching around the Internet for the Medicare website? If you have been then you have probably found a lot of information pertaining to the health insurance known as Medicare but maybe you are not sure which web site to trust so you want to go to the one and only Medicare website.

When you go to google and type in Medicare you come up with a thousand hits, maybe the next time you go to that search engine you should type in Medicare website, chances are the first hit will be the actual Medicare website that you have been looking for the whole time.

On the Medicare website you are going to find a lot of information pertaining the Medicare. Within this website you will find information telling you if you are eligible or not and you will also learn about the benefits of having Medicare as your health insurance provider. The Medicare website is a great place to go if you are not certain about the health insurance Medicare.

Also, on the Medicare website you will find that it is easy to find whatever you are looking for because it is categorized pretty good and if you are not able to find what you are looking for, the Medicare actually gives you a little search option that is right on their website. All you have to do is type in the short description of what you have came to the Medicare website for and more than likely you will find it, unless of course, it is a difficult question to begin with.

In the end if you are still not able to find the information you have been looking for on the Medicare website you will find a list of phone numbers on the Medicare website that tell you where to call if you have any questions or concerns, on the Medicare website you will also find a e-mail you can send to, that is, if you do not like calling anyone on the phone. Normally Medicare numbers are toll free therefore it should not cost you one bit.

On the Medicare website you will also find some forms that you will be able to print out straight from the website for those of you that do not want to wait for it to get sent to you through the mail or don’t have a ride to go pick up an application from the Social Security office.

January 3, 2008 Posted by | Blogroll, Medicare | Leave a comment

Medicare guidelines

So here we are, just you and I, sitting here discussing Medicare once again but this time it will be different because we will be discussing the Medicare guidelines. When it comes to Medicare guidelines you are going to find that there can be a big long list of guidelines pertaining to the health insurance that is known as Medicare.

Medicare is actually a federal program that has been providing insurance to those individuals that are of the age sixty five or older and also for those people that are under the age of sixty five who have permanent kidney failure or those that have certain disabilities.

If you have Medicare and have been put into the hospital because of an illness or accident you will more than likely be covered by the Part A plan. With the Part A plan you will find that it will also cover hospice care and sometimes a skilled nursing facility. If you need diagnostic X-rays, lab tests, and durable medical equipment it is the Medicare part B plan that will be covering you. The Medicare Part D plan is the federal prescription drug program. It is the Part D program that will make your prescriptions a whole lot cheaper if you have Medicare.

If you and your spouse is at the age of sixty five or older or your spouse is disabled you should consider visiting your local Social Security Administration office in order to find out if you are eligible to receive free Medicare Part A coverage.

If you, the insured, continue working after the age of sixty five, you and/or your spouse will have to enroll in a Medicare Part A. You and your spouse will not be able to enroll in the Medicare Part B plan until you retire. Due to federal law in the United States you will find that different rules will apply for those that have the same-sex spouses.

If you, the retiree or your spouse or other dependent that is being covered under the age of sixty five, then the individuals under the age of sixty five will be able to continue being covered under the non-Medicare plan until you and/or he/she becomes eligible for Medicare.

What it all comes down to is if you follow the proper Medicare guidelines and familiarize yourself with all of the rules and type of coverage’s then you should do pretty good with your Medicare plan that you have. You will find that Medicare will save you a great amount of money in the end.

January 3, 2008 Posted by | Blogroll, Medicare | Leave a comment

Medicare eligibility

When it comes to Medicare you may already know that not everyone is eligible to receive Medicare benefits. In this article you are going to learn a lot about Medicare eligibility. After you are done with reading this article you should have an idea of if you are eligible for Medicare or not. Keep in mind that if you are not eligible for Medicare it does not mean that you will not be eligible for other health insurance benefits.

So who exactly is eligible for Medicare? Those that are sixty five years of age or older or if your spouse is eligible for retirement benefits from Social Security or Railroad Retirement. You may be able to get it if you are under the age of sixty five and are getting Social Security Disability Insurance or Railroad Retirement disability benefits, keep in mind that there will be a twenty four month waiting period for most of the individuals that fit this category.

Next you may be eligible for Medicare if you are under the age of sixty five and have been diagnosed with end-stage renal disease and if you or your husband/wife has met the Medicare work requirement. Depending on the age that you get end-stage renal disease the number of years of Medicare-covered employment that you will be needing in order to qualify varies.

Wait, if your case is not listed in the above categories, don’t worry because you may still be able to get Medicare but the catch is you will have to pay for Part A coverage if you are sixty five years of age or older and you also have to be a U.S citizen or a lawfully admitted noncitizen who has been living in the United States for five years or more.

When it comes to qualifying for Medicare benefits you may be happy to know that Medicare has no asset limits. If you think you make too much to qualify for Medicare you may want to check that list again because no where does it say you have to make a certain amount of income in order to qualify for Medicare benefits.

Last but not lease, if you are an undocumented noncitizen that has end-stage renal disease you may still be eligible for Medicare but you have to be married to a United States citizen or an eligible noncitizen who has received enough Medicare-covered work credits. If you have an undocumented child that has end-stage renal disease he or she may be able to get Medicare if the parent(you) has earned enough Medicare-covered work credits.

Now you have it, after reading this article you should not be confused about the requirements for Medicare, if you are you can always call the Medicare branch and they will nicely answer any questions that you may have.

January 3, 2008 Posted by | Blogroll, Medicare | 2 Comments

Social security and medicare

After the Social Security Act was developed as a safety net for the working class aged, during the time of the great depression, the Act has undergone many adjustments. Among those adjustments included coverage for those who became disabled and unable to work. This disability assistance became modified and eventually included healthcare coverage as well. When Medicare came into existence in 1965, it was added to the Social Security program for disabled individuals. The added healthcare assistance has enabled many who fall into the disabled category to become rehabilitated and healthy, thus being able to return to work, and leave the safety net provided by the government.

The two programs have complimented themselves virtually from the inception of Medicare. The Medicare coverage for the disabled Social Security Recipient is one that covers everything in the Part A and B sections as described for anticipated elder care. Based on research done for this article, they are also eligible to select a prescription drug benefit program to compliment the needs and gaps associated with their Medicare coverage. In this case, Medigap insurance is often limited by the state legislation for the disability, however it is not obsolete.

When a person qualifies for Social Security Insurance Payments due to a disability, Medicare coverage and additional services are added to help the disabled patient become more self-sustaining, until their disability is resolved, if it can be. None of the services associated with Social Security Disability Payments can be canceled for any reason, as long as the Social Security approval continues. This applies particularly to Medicare, and the associated drug plans. It is virtually a default that once a patient receives approval from the Social Security Administration, the Medicare card will be supplied as part of the process. With this in mind, it is the hope that by assuring the Medicare coverage, the services needed may encourage a person to find the best options for their health situation, to improve the quality of life they are an active part of prior to the disability.

Often-applicable are Social Security assistance to the disabled Medicare patient to assess where it is possible for them to work. They would then receive training in the area, should they so chose or need, to be able to return to the working world, as if they are with out a disability. What this means is that, should a construction working fracture a knee cap, and be unable to work with heavy lifting any longer, it may be possible for them to learn how to do home inspections instead. The Benefits they qualify for under the Social Security Disability program may assist or pay for in full the new retraining, which would eventually get them off of Social Security Disability and out of the Medicare assistance program.

January 3, 2008 Posted by | Blogroll, Medicare | Leave a comment

Long term health care insurance policy

There are a lot if health care problems that we have to face in the long term and these issues are best addressed through the way of providing for these costs. These costs can be provided for on a monthly, quarterly or a yearly basis. The choice if the provision is the personal choice of the person and hence differs from person to person. However monthly provisions might just get a bit too much and yearly, a bit too less. Hence a person would be better off making provisions for long term health care insurance on a quarterly basis.

A long term health care insurance policy is often taken to cover the uncertain health costs that may arise in the long term. These costs may rise in the immediate future too. In that case, long-term health care insurance might be very fruitful as the premium paid on the policy is less in the short term and the person can get the benefits of the policy at a earlier stage in the term of the policy. However, the person then has to take another long term health care insurance policy or renew the existing health care policy to suit his requirements.

There are many forms of long term health care insurance policies available and the choice of a policy depends to a great degree on the objective of the person who is availing of the benefits of the long term health care insurance policy. This person must analyze the different options available to him. He should evaluate the costs of the different options available. On the basis of the cost benefit analysis that he has undertaken, he should get the long term health care insurance policy that is best suited for him.

Insurance companies normally charge less for long term health care insurance policies than for short term policies. This is because; the person availing of a short term policy will be with the company only for a short term. He will not be with the company as a long term customer and hence the chances of earning from him are less for the company. On the other hand a long-term health care insurance policy holder stays with the company for a greater amount of time and hence increases the chances of the company to get some earnings from him. Thus, a long term health insurance policy is always favorable to a short term policy.

January 3, 2008 Posted by | Blogroll, Health Care | 1 Comment