Original Medicare or Traditional Medicare, also known as Medicare Part A and Part B, covers a big portion of any medical expense you might have after you turn 65 years old. Part A targets hospital insurance and it helps you pay for inpatient hospital stays, or stays in skilled nursing facilities, hospice care, or surgery.
Part B of Medicare, which targets medical insurance, is advantageous when it comes to paying doctors’ visits, outpatient care, and some medical equipment and supplies. If you didn’t know, you can start signing up for Medicare three months before turning 65.
Everything sounds great up until now, right? Well, you have to know that Medicare Part A and Part B have some significant gaps in your healthcare coverage. Here are some aspects that aren’t covered by Medicare.
For this topic, it's worth quoting Benjamin Franklin who once said: "In this world, there…
If you're about to retire, then you probably want to be sure you'll never be…
There is a research center at George Mason University called the Mercatus Center, which has…
Social Security is definitely a safety net for lots of Americans. You might not even…
We go grocery shopping throughout our whole lives, and that's a fact. Given the fact…
When it comes to retirement, things like income, taxes and retirement plans are always prioritized.…