Key Points Medicare Part D is a voluntary program, but if you do not enroll in a plan, you won’t have coverage for expensive medications. You will also have a late enrollment penalty if you don’t have other creditable coverage. Medicare Part D is a huge time...

Original Medicare Part B covers 80% of the cost of most services. But what about the other 20%? Or the other out-of-pocket costs like deductibles or inpatient copays? Let’s discuss Medigaps, which can help cover these costs. What are Medigaps? Medigaps are health...

Big changes are coming to Medicare and Social Security in 2025, and if you’re on Medicare—or soon will be—you need to know how these updates could impact your costs and coverage. Financial Sense’s Jim Puplava recently spoke with Medicare expert Brian McArthur to get...

Medicare pays for a bulk of older Americans’ health care costs, but not all. And each year Medicare adjusts key costs that are paid by enrollees. I want to walk through Medicare out-of-pocket costs for 2025. I sure hope those of you who are not yet 65 pay close...

Finding a doctor you like and trust can be a long process, so I understand that it can be frustrating when your doctor no longer accepts Medicare. If your doctor has “opted out” of Medicare, this means that he or she no longer accepts Medicare assignment...

Does Medicare Cover Dental and Vision Care? Understanding Your Options Maintaining our vision, hearing, and dental health is important to living a healthy and independent life as we age. However, Original Medicare does not cover many of these essential services,...

They are separate programs, but the Social Security Administration handles enrollment and collects premiums for many on Medicare Social Security and Medicare are distinct programs serving older and disabled Americans, but they have an important commonality: Social...

Retirement can be one of the most fulfilling times in life, but getting there comes with its own set of challenges and learning experiences. While reflecting, there may be some tips and advice people wish they had taken sooner or not at all. In our Medicare Q&A...

Key Points While the Medicare Annual Wellness Visit is not mandatory, it is a 100% covered preventive service. The Annual Wellness Visit differs from the typical annual physicals you were used to with group coverage. If you’ve had Medicare Part B for more than 12...