Published April 2004
by DreamCatcher Books & Publishing .
Written in English
|The Physical Object|
|Number of Pages||156|
Medicare for Dummies, 3 rd Edition will help you navigate the complicated, often confusing maze of the Medicare system. In simple language, with clear step-by-step instructions, the book helps you determine how and when to enroll, avoid costly mistakes, and /5(2). The book is easy to read and understand and includes a description of Medicare “Myths” versus “Truths” as well as practical examples. I used the website but it didn’t provide important pieces of information/5. Myth 5: Medicare & Medicaid are the same thing. Truth: Medicare and Medicaid are two separate programs. Medicare is for people 65 or older who have paid at least 10 years of social security. Medicaid is an insurance program for low-income people of all ages that’s operated by each U.S. state. Medicare Myths: #4. Medicare is free. Truth: True, most people get Medicare Part A with no premium (as long as they have worked at least 10 years and paid Medicare taxes), however, there is usually an annual re Part B also has an annual deductible, and Medicare Part D plans or Medicare Advantage plans may also be an additional cost. (lead to those corresponding .
A coauthor of the New York Times bestselling guide to Social Security Get What’s Yours authors an essential companion to explain Medicare, the nation’s other major benefit for older Americans. Learn how to maximize your health coverage and save money. Social Security provides the bulk of most retirees’ income and Medicare guarantees them affordable health s: Myth #1: Beneficiaries are just getting back what they have paid in. Nothing could be further from the truth. “Current recipients receive over $, more in benefits than they pay in” (Medicare Follies With Orchestration, The Washington Times, J , by Doug Bandow, senior fellow at the Cato Institute). Myth 2: Medicare coverage is free. Reality: You may pay monthly Medicare premiums along with deductibles, co-insurance and co-payments for typical medical services. For , costs are as follows. Myth #1: The Medicare market is too small. Fact check! Many agents focus solely on the over population because there are more t people turning 65 every day! That’s more t potential sales opportunities every morning.
Myth #5: Medicare Supplement (Medigap) Plans Cover Everything Original Medicare Covers. Medicare supplement (Medigap) plans are designed to help cover costs like copayments, deductibles, and coinsurance amounts that aren’t covered by Original Medicare (Parts A and B) or by a Medicare Advantage plan (Part C). For a complete listing please contact MEDICARE (TTY users should call ), 24 hours a day/7 days a week or consult *** takes no responsibility and assumes no liability for any content posted by consumer or any third party. is a licensed and certified representative of a. CMS has developed a new quick reference statistical summary on annual CMS program and financial data. CMS Fast Facts includes summary information on total program enrollment, utilization, expenditures, as well as total number of Medicare providers including physicians by specialty area. Medicare Myth #1 – Medicare is free The most common of these Medicare Myths is the misconception that since it’s a critically important social program, it’s free. In reality, some aspects of the program may be offered “free,” retirees are expected to cover certain expenses on their own.