My Zeo

  • Home
  • About
  • Blog
  • Lifestyle
  • Health
  • House
  • Pets
  • Fitness
  • Money
  • Contact

Keep Your Health In Shape After Retirement: Everything You Should Know About Medicare Plans

September 16, 2019

Medicare is a federal program that provides health insurance coverage to the majority of Americans over the age of 65. Health is for all ages, and protecting your health as you reach your golden age is one of the important ways to ensure you transition gracefully into this new stage of your life.

Keeping your health in shape after retirement means ensuring you have the right medical coverage. Making the most of your Medicare plan is the best way to stay ready for anything that life throws your way. Since Medicare can be tricky to understand, this guide will help you know what to expect as you approach retirement.

Smiling Man Holding Woman's Left Shoulder

Image via Pexels

1. Know What Medicare Covers

Your first important step is to know what Medicare covers specifically. You get to make several choices about your Medicare coverage, so the more you understand, the better options you’ll have. Medicare is made of 4 distinct parts, each offering a different type of coverage. Here’s how they work:

  • Part A – This is your hospital insurance. It covers long-term care and other inpatient stays.
  • Part B – Combined with Part A, this makes up what’s known as original Medicare. Part B is your outpatient care, including things like office visits, exams, and so on.
  • Part C – Also known as Medicare Advantage, Part C is an option to choose an insurance plan that meets the Medicare guidelines through a private insurance provider. See this website and get more info on Medicare Advantage.
  • Part D – Finally, Part D covers prescription drugs.

2. Plan Your Retirement Costs

Next it’s time to plan your retirement costs. While Medicare is a great program, it doesn’t cover 100% of costs. Medicare, in general, will cover 80% of your costs. Anything over that will be paid out-of-pocket.

Planning for retirement is challenging enough. You’ll need to predict your living costs for the rest of your life, and this includes knowing how much you need to budget for your medical needs. Estimating your costs with your doctor is an important step in making sure you’re ready to retire.

Person Holding a Stress Ball

Image via Pexels

3. Know Your Providers

Another important step is to ensure your providers are included in Medicare. If you have a current doctor or specialists who you want to keep seeing in your retirement, review your Medicare coverage network with them.

Different doctors, nursing homes, health agencies, hospitals, and so on all have different networks. Luckily, finding coverage with Medicare is usually a simple process.

4. Take Advantage of Preventative Care

With Medicare, a lot of preventative examinations and treatment is covered 100%. It’s in your best interest to take full advantage of these things so you’re able to stay on top of your health. Being diagnosed with an illness or expensive condition, the costs can be debilitating.

Catching any health problems early on with preventative screenings will not only help your body, but will also help your wellness. Familiarize yourself with the preventative services available to you before enrolling so you can hit the ground running with your care.

5. Review Your Coverage Yearly

Finally, have a plan to review your coverage yearly. Unlike traditional health insurance through an employer, you’re eligible to change your coverage plans yearly when you’re enrolled in Medicare. You can switch your coverage during the annual enrollment period which runs from October to December.

Your health needs are bound to change, so don’t hesitate to look for the best value for you. It’s always worth taking a closer look at your coverage and your options.

Final Thoughts

Are you ready to face your retirement head on? Just because you retire doesn’t mean you can’t focus on your health and wellness. In fact, the opposite is true. It’s more important than ever to pay close attention to your body, your wellness, and your diet.

Along with that is your health insurance. Medicare is a great way to have access to affordable, quality coverage, but you need to be equipped to make the most of it. As long as you’re educated about your options, aware of what’s coming next, and prepared, you should feel confident entering your retirement years. These are the best years of your life, so make sure you’re making the best of it.

 

Leave a Comment · Health

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

About Me

Hello all!!!! I'm Darcy and I recently started writing on My Zeo about health and fitness (and part of that important health equation is sleep!). As we are all super busy with life, I try to integrate how to stay fit, relax and be healthy and happy through everyday life.

Facebook

My Zeo

NEWSLETTER

TeraHemp

6 Birthday Celebration Ideas Without Alcohol

  Every day, about 17.7 million people celebrate their birthdays globally. This makes . . .

Read the Post

6 Common Muscle Building Mistakes and How to Avoid Them

  Today, the CDC classifies 1 in 3 American adults as overweight. This has caused some . . .

Read the Post

How to Get the Car of Your Dreams With Bad Credit

  When searching for the "car of your dreams," you might be astounded by the price tags . . .

Read the Post

4 Steps for Living Your Best Life In Your Twenties and Beyond

  As a teen, you likely spent your free time watching shows like Friends or New Girl, . . .

Read the Post

4 Creative Home Office Options for You In 2022

  A recent Gallup Poll indicates that remote working could become the new normal for up to . . .

Read the Post

Follow Us Online

  • Facebook
  • Google+
  • Instagram
  • LinkedIn

Copyright © 2018 myzeo.com

Copyright © 2022 · Simply Pro by Bloom Blog Shop.

Posting....