How to Apply for Medicare
The easiest way on how to apply for Medicare is online. However, if you are over the age of 65 or already receive Social Security disability benefits or Railroad Retirement income then you will automatically be enrolled in Medicare Part A. Additionally, if you wish to begin your Social Security disability or Railroad Retirement income benefits then you must apply for Medicare early. The sooner you apply the sooner you will start receiving the benefit. How do you know when it is the best time to apply? Three primary rules govern when you should apply. The first is that you ...
Twenty-Something and Out of Work Worrying About Health Insurance
Twenty-something and out of work worrying about health insurance? Yes! At times in life, we all need a little extra help getting by, but when the bills start piling up and you can't pay them it hits. No one should have to be in this situation, it can be devastating financially and emotionally, so don't let this happen to you. Luckily there is a solution for anyone who has reached this point in their life. There are many reasons that people find themselves in this situation. Maybe they just got divorced and are living on their own. Maybe they've started ...
How to Get Your Health Insurance Subsidy If You’ve Been Unemployed
It can be a real challenge for an unemployed person to acquire health insurance cover, especially when faced with skyrocketing premiums and co-payments. However, it's not impossible to acquire health care coverage if you've been unemployed for a while. There are several measures you can take to ensure that you obtain proper health care coverage. One of the primary measures you can take to assure yourself of obtaining health cover if you've been unemployed is to seek out a medical care program that's specifically designed for unemployed individuals. Medical coverage for unemployed individuals is one of the more affordable ways ...
How The Affordable Care Act, Or Health Care Reform, Makes It More Affordable For Everyone
The American Recovery and Reinvestment Act (ARPA) of 2021, also called the American Health Care Reform Act (AHCA), was passed by the United States Congress and President Biden on March 30, 2021. The primary purpose of the act is to promote health care reform throughout the country. In this regard, it attempts to keep the health care system in a state of efficiency by decreasing the costs of providing health care and promoting private health insurance. One of the most popular elements of the AHRCA is the Medical Reimbursement Ratio (MRR). The MRR is a calculation that gauges the cost ...
How The American Rescue Plan Could Slash Your Health Insurance Costs
There are many places you could look for information about how the American Rescue Plan could slash your health insurance costs. In fact, it seems to be a favorite talking point of many Americans. President Biden has talked about it extensively and repeatedly since he got elected. He wants to save money and give Americans a good health insurance plan. However, does the American Rescue Plan really work? The idea behind the rescue plan is that health insurance companies will negotiate with doctors to get lower payments. When the doctor agrees to the reduced rate, the insured can go to ...
Are Accumulators Making You Think Twice About Switching Plans?
If you're in the market for a new health plan, you've probably heard the term "accumulator" tossed around. What is an accumulator and why should you be concerned? The short answer is that they are a type of contract between you and your health insurer that offers incentives for you to purchase insurance. These incentives can come in the form of payouts if you go the whole year without a medical examination, money-back guarantees on expensive medical services such as surgery, prescription drugs, etc. In addition, they can come in the form of reduced cost or reduced income from receiving ...
