Enrolling in Medicare, which you can do starting at age 65, comes with a series of decisions for getting the most out of your health care coverage. One of the first decisions you’ll have to make is whether to enroll in original Medicare or a private Medicare Advantage plan.
ORIGINAL MEDICARE
With original Medicare, you can use any doctor, facility or provider that accepts Medicare. Most seniors don’t pay premiums for Part A, which covers in-patient care at a hospital or skilled-nursing facility. You’ll pay a monthly premium for Part B, which covers doctor visits, physical therapy, diagnostic tests and other out-patient care. In 2022, the standard Part B monthly premium is $170.10; seniors who are subject to a high-income surcharge pay more (see “How to Fight a High-Income Surcharge,” April).
In addition to signing up for parts A and B, you’ll probably want to enroll in a Part D plan to cover prescription drug costs and a “medigap” plan to cover other out-of-pocket costs. One of the biggest mistakes people make is assuming that Medicare will pay all of their medical expenses, says Tatiana Fassieux, education and training specialist with California Health Advocates. “Regardless of how they get their Medicare coverage,” she says, “there’s always a cost—premiums, deductibles, and coinsurance or co-pays.”
この記事は Kiplinger's Personal Finance の November 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Kiplinger's Personal Finance の November 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
My Top 30 Index: An Update
A year ago, I put together what I called \"my own reinvention\" of the Dow Jones industrial average, the popular 142-year-old large-cap index.
Balance Your Risk and Reward
These new ETFs let you cut stock market losses. But you'll sacrifice some gains.
IS A HYBRID CAR RIGHT FOR YOU?
Hybrids offer a fuel-saving option for drivers who have reservations about all-electric vehicles. But there are trade-offs.
HOW TO REACH YOUR INVESTING GOALS
Patience helped these four investors make their portfolios work for them.
WHERE TO INVEST NOW
Expect a lot of midyear churn, with a rally toward the end of 2024.
TIPS FOR FINANCING A HOME PROJECT
I recently had a call with a client who was looking to fund the construction of a swimming pool at his house.
MORE WOMEN THAN EVER ARE STARTING BUSINESSES
Retail and travel businesses, along with health, beauty and fitness, are popular with women entrepreneurs.
Finding Home Health Care
It’s important to hire a caregiver you trust.
UNDERSTANDING BOND FUND YIELDS
What's a 30-day SEC yield? A trailing 12-month yield? A yield to maturity? We explain what each measure says about an income fund.
ANSWERS TO YOUR QUESTIONS ON STUDENT LOANS
If you have federal student loans, you may benefit from new government policies. Here's what you need to know.