Medicare

One thing that most people don’t think about until they’re nearing retirement age is Medicare. I was researching about it today and learned some more information.

Medicare is health insurance provided by the Federal Government, and most people can sign up for it when they turn 65, if they meet certain requirements. You can also be eligible if you are considered disabled by the Social Security Administration.

 

In the past few years, the government started a plan to help seniors with their prescription drug costs. But, many times that government plan doesn’t pay all the prescription drug costs, and the person has to pay the remainder. That’s called Medicare Part D. And you can pay a premium to other companies who will cover the remainder of the prescription costs the government doesn’t cover.

Medicare is a great benefit to seniors, but it’s not automatic. How do you complete a Medicare application if it isn’t automatic? There are websites that will help you with the medicare application, and you can also learn about Medicare Part D supplemental insurance while you’re reading about your health benefits.

The post is brought to you by new2medicare.com.