Take Advantage of What Medicare Covers in FULL
Medicare alone doesn’t cover very much in full. There’s almost always some sort of coinsurance or copayment or other out-of-pocket cost. This is why many people purchase Medicare Supplement Insurance to fill in the gaps (I recommend that you do so as well).
But there is something that Medicare fully covers—and that is preventive services. This includes lab tests, screenings, vaccinations, virtually any service performed to ensure that health problems are caught early—before they become…well…even bigger and more threatening problems.
This means that—as long as you meet basic eligibility requirements—you won’t pay a dime for most preventive services. The only ones I found that required any out-of-pocket costs were glaucoma screenings, diabetes self-management training, digital rectal exams (to detect prostate cancer), and barium enema (to detect colon cancer).
To give you an idea of the scope of preventive services that Medicare offers, here is a quick list:
- Annual Wellness Visits
- Diabetes Screenings
- Blood Tests
- Depression Screenings
And this is just scratching the surface.
For a more comprehensive list with all the details, click here to access the Medicare preventive services guide.
Keep Track of Preventive Services on mymedicare.gov!
Some of these services are offered every year, some every other year, and some less or more often. Your risk level for certain diseases (based on age, gender, or family history) can also play a factor in how often you are eligible for services. Needless to say, it can be a lot to manage, which is why I recommend using mymedicare.gov. This free online account (among other things) allows you to see which preventive services you are eligible for and when. Sign up here: MyMedicare. You can also print off a personalized report to bring to your doctor. This will help the both of you plan out when and if you should receive the various services.
I hope you consider taking advantage of what Medicare has made available. The reason they made it free is because they know how important it is for retirees to take care of themselves in a proactive way. It is good for them, and it is good for you—money wise and otherwise. No one likes to spend time at a cold doctor’s office, especially when getting a colonoscopy (geesh). But staying on top of your health now, can save you having to deal with major health issues later. It can keep you on the go and healthy during retirement, an era of life that I believe should be as (if not more) fulfilling and exciting as all the rest.
Have any questions or concerns about Medicare? Call Seniormark at 937-492-8800 for a free consultation.
Turning 65 and not sure what to do? Consider signing up for one of our FREE workshops in Sidney or Vandalia, Ohio! Sign up here: Seniormark workshops.