What Does Medicare Plan N Cover? Medicare Plan N is a Medicare Supplement plan that helps to pay for out-of-pocket costs associated with Medicare Part A and Part B, such as deductibles, copays, and coinsurance. Specifically, Medicare Plan N covers the following: Medicare Part A coinsurance for hospital stays (up to an additional 365 days…
Details
Medicare with Small Group Insurance Medicare is a federal health insurance program for people age 65 and older, as well as people with certain disabilities and end-stage renal disease (ESRD). Small group insurance is health insurance that is offered by employers to their employees. How Medicare works with small group insurance depends on the size…
Details
Fixed Annuities vs Variable Annuities Fixed annuities and variable annuities are two different types of annuities. An annuity is a contract between you and an insurance company in which you agree to pay a certain amount of money up front (either in a single payment or in installments) and the insurance company agrees to pay…
Details
How to Pay Medicare Premiums Online If you’re a Medicare beneficiary, you may be wondering how to pay your premiums online. There are two ways to do this: through your secure Medicare account or through your bank’s online bill payment service. How to Pay Medicare Premiums Online Through Your Secure Medicare Account Go to the…
Details
The Role of Life Insurance in Estate Planning Life insurance is a financial product that can be used to protect your loved ones financially after your death. It can also be used as a tool for estate planning. Estate planning is the process of creating a plan for how your assets will be distributed after…
Details
Child Term Rider: A Smart Investment for Your Child’s Future A child term rider is a type of life insurance policy that can be added to a parent’s existing life insurance policy. It provides coverage for the policyholder’s child until they reach a certain age, typically 18 or 21. If the policyholder dies while the…
Details
Medigap Plan G vs. High Deductible Plan G Medigap Plan G and High Deductible Plan G are both Medicare Supplement Insurance (Medigap) plans that can help cover out-of-pocket costs under Original Medicare. However, there are some key differences between the two plans. Medigap Plan G covers all out-of-pocket costs under Original Medicare, with the exception…
Details
Medicare Late Enrollment Penalty The Medicare late enrollment penalty is a penalty that you may have to pay if you enroll in Medicare Part B after your Initial Enrollment Period (IEP). Your IEP begins three months before the month you turn 65 and ends three months after. If you miss your IEP, you may have…
Details
3 Types Of Term Life Insurance? The three main types of term life insurance are: Level term life insurance: This type of term life insurance provides a fixed death benefit for the entire term of the policy. Level term life insurance is typically the most affordable type of term life insurance. Decreasing term life insurance: This type…
Details
A Thorough Guide to Helping Your Parents Apply for Medicare Medicare is a health insurance program for people 65 and older, as well as people with certain disabilities. It offers two parts: Part A and Part B. Part A covers hospital stays, skilled nursing facility care, and hospice care. Part B covers doctor visits, outpatient…
Details