Maybe you decided to fill out a bracket this year, and maybe you threw 10 bucks into a pot with 10 other people. You, my friend, were doing exactly what insurance companies do.
There’s only one thing everyone in the world agrees on. We are all going to die. We hate to be so morbid, but it’s important that you have a plan in place for this untimely, but absolute event. You don’t want your kids’ last memory of you to be full of stress and financial burden.
It depends. Medicare will cover your care if it’s medically necessary or it’s acute care in the hospital or at your doctor’s office. It will also help for some services that improve your medical condition. That includes things like physical therapy or rehabilitation.
You’ve lived life enough to reap the benefits of Medicare. You can celebrate, but before you pop the champagne, you should know what kinds of things Medicare doesn’t cover. Some things are more likely to be needed than others, so let's take a look at what may lie ahead.
Jerry Birkey's wife was diagnosed with cancer in June of 2016. They have been using their Medicare coverage. Jerry explains how well they have been covered. He was only responsible for $21.65 out of hundreds of thousands of dollars.
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