Entries by songer1990

High Deductible Medicare Plan G

Original Medicare Parts A&B has gaps and does not fully cover your medical services. The most significant gap you’ll need coverage for is your Part B coinsurance, except for some preventative care services, which are covered at 100%.  Most outpatient care services, such as doctor visits, outpatient surgeries even chemotherapy, are covered by only 80% […]

Do you need a Medicare supplement plan?

Suppose you already have Medicare Parts A&B, well. In that case, it is an extra expense, but considering that, you would be responsible for paying 20% of your outpatient services with only original Medicare benefits as your coverage. It also means shelling out money for deductibles and copays related to hospital stays and skilled nursing […]

What is a buy-sell life insurance policy?

A buy-sell life insurance policy is a type of life insurance policy that is designed to help business owners or partners transition ownership of their business in the event of death, disability, or other unforeseen circumstances. The policy provides the funds necessary for the surviving owners or partners to purchase the deceased or disabled owner’s […]

What Does Medicare Part D Cover

Medicare Part D: Was created to provide coverage for outpatient medications that you pick up at the pharmacy or order via mail order and administer to yourself.  Most people will get their prescription coverage through a standalone Part D drug plan offered by a private insurance carrier.  Or through a Medicare Advantage plan that includes […]

Medicare Plan G: The Best of the Best

Medicare Plan G: The Best of the Best Medicare Plan G is one of the most popular Medicare supplement plans available. It offers comprehensive coverage to help you pay for various medical expenses, including hospital stays, skilled nursing care, and the ability to purchase a prescription drug plan along with it.  What is Medicare Plan […]

Essential Parts of Health Insurance

Health insurance is a contract between an individual or group and an insurance company. In exchange for a monthly premium, the insurance company agrees to pay for a portion or all of the covered medical expenses incurred by the insured. Health insurance is essential because it can help you afford medical care. Without health insurance, […]

Part A of Medicare

Part A of Medicare covers your inpatient care when you have been admitted to a hospital skilled nursing facility and inpatient nursing home for care that is not long-term or for the care you receive in a Medicare-certified Hospice facility. Think of this as your room and board in the hospital. It’s going to pay […]

Medicare Dental Benefits 2023

I want to address what Medicare will cover for Medicare Dental Benefits 2023. First off, you have to realize it will be minimal. The reason is that, in 1980, Congress passed a dental exclusion statute that excluded almost all dental services. So that’s why since 1980, they rarely cover anything dental-related, certainly not extractions and […]