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Have you ever considered what you would do if you needed to utilize the services of a nursing home? Will your Medicare Advantage Plan or Medicare supplemental insurance pay for the expense? “Under certain limited conditions your Medicare insurance will pay for some nursing home costs,” suggests Alan Weinstock, insurance broker with MedicareSupplementPlans.com. “However to […]

A survey which operates the nation’s largest Medicare exchange, found that of the 377 seniors who participated, 41% try to estimate their out-of-pocket medical costs in advance of appointments, services and treatments. And of those who try 78% get it right at least part of the time. In fact, over 33% said they get it […]

One of the most difficult parts of having Medicare is being able to understand the terminology. “Words like coinsurance and copayment very often confuse the uninitiated,” notes Alan Weinstock, an insurance broker at MedicareSupplementPlans.com. “Medicare beneficiaries could miss out on receiving the proper care if they don’t understand their benefit period or covered services.” With […]