Ever heard the expression, “An ounce of prevention is worth a pound of cure” With some rare exceptions, the medical profession has found that generally, it is far cheaper to prevent an illness than to cure it. Also, if an illness is present, it is usually easier to cure it in its early stages than [...]

Disadvantages of Medicare Advantage Plans With Original Medicare (Parts A and B and maybe D), you know what you get. Hospitalization is almost free, and you pay 20% of everything else, except for part D drug co-payments. You have to pay an annual deductible, which is small. On the other hand, there is no out-of-pocket [...]

What Doesn’t Medicare Cover? Both Original Medicare and Medicare Advantage plans cover a lot of treatments and services. But there is also a lot that they don’t cover. For example, neither covers extended stays in a nursing home (that is covered either by Medicaid or a purchased long-term care policy.) And new treatments, drugs, and [...]

What Do I Need to Know About Medicare Supplement Plans? Part A (hospital insurance), Part B (doctor’s services) and Part D (prescription drugs) of original Medicare have co payments and deductibles. Deductibles are what you have to pay before Medicare pays anything. Co-payments are what you have to pay for each hospital stay, physician’s service, [...]