Each fall, Medicare seniors can sign up for, change or disenroll from a health plan for the following year. Yet, despite having more options than ever, research shows that most people choose the wrong health plan, often paying more than they need to.
Part B is medical insurance. It covers professional fees for doctors and other health-care providers, outpatient treatment, durable medical equipment, home health services, and preventive care like flu shots and screenings for cancer and heart disease.
It’s an unfortunate truth, but health care fraud drives up costs for everyone in the health care system. Fraud schemes often depend on identity thieves getting hold of people’s Medicare numbers. So guard your Medicare number. Treat it as you would a credit card.
Did you know that you may be able to get help from your state paying your Medicare premiums? State-based Medicare Savings Programs also may pay Medicare Part A (hospital insurance) and Part B (medical insurance) deductibles, coinsurance, and copayments.